Growth Metrics

Copa Holdings (CPA) Cost of Revenue (2013 - 2025)

Copa Holdings recorded quarterly Cost of Revenue of $249.2 million in Q4 2025, up 5.22% quarter-over-quarter from $236.8 million in Q3 2025, and up 13.66% year-over-year from $219.2 million in Q4 2024.

Copa Holdings' Cost of Revenue history runs 13 years deep, the most recent figure standing at $249.2 million for Q4 2025.

  • In Q4 2025, Cost of Revenue rose 13.66% year-over-year to $249.2 million; the TTM figure through Dec 2025 stood at $932.3 million (down 1.8% YoY), while the FY2025 annual figure was $932.3 million, down 1.8% from the prior year.
  • Cost of Revenue came in at $249.2 million for Q4 2025 at Copa Holdings, up from $236.8 million in the prior quarter.
  • In the past five years, Cost of Revenue ranged from a high of $296.0 million in Q2 2022 to a low of $51.3 million in Q1 2021.
  • A 5-year average of $215.7 million and a median of $237.8 million in 2024 frame the typical range for Cost of Revenue.
  • On a YoY basis, Cost of Revenue climbed as much as 51108.76% in 2021 and fell as far as 62.54% in 2021.
  • Copa Holdings' Cost of Revenue stood at $149.1 million in 2021, then surged by 83.76% to $273.9 million in 2022, then slipped by 3.55% to $264.2 million in 2023, then declined by 17.01% to $219.2 million in 2024, then grew by 13.66% to $249.2 million in 2025.
  • According to Business Quant data, Cost of Revenue over the past three periods registered $249.2 million, $236.8 million, and $214.1 million for Q4 2025, Q3 2025, and Q2 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Cost of Rev (Qtr)
1 Delta Air Lines 53.78 Bn 48.72 Bn 15.19 Bn 666.00 Mn
2 Southwest Airlines 21.39 Bn 18.06 Bn 6.21 Bn 1.04 Bn
3 Grupo Aeromexico, S.A.B. de C.V 18.50 Bn 17.47 Bn -239.00 Mn 315.00 Mn
4 Controladora Vuela Compania de Aviacion, S.A.B. de C.V 8.98 Bn 8.98 Bn - -
5 Alaska Air 5.26 Bn 3.49 Bn 3.20 Bn 99.00 Mn
6 Skywest 3.43 Bn 2.80 Bn 924.11 Mn 89.07 Mn
7 Copa Holdings 3.33 Bn 1.99 Bn 713.71 Mn 249.18 Mn
8 Jetblue Airways 2.03 Bn -140.72 Mn 1.87 Bn 366.00 Mn
9 Allegiant Travel 1.67 Bn 765.78 Mn 651.87 Mn 19.93 Mn
10 Frontier Group Holdings 1.39 Bn 618.26 Mn 724.00 Mn 268.00 Mn

Historic Data

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DateValue
Dec 31, 2025 249.18 Mn
Dec 31, 2025 249.18 Mn
Sep 30, 2025 236.81 Mn
Sep 30, 2025 236.81 Mn
Jun 30, 2025 214.11 Mn
Jun 30, 2025 214.11 Mn
Mar 31, 2025 232.16 Mn
Mar 31, 2025 232.16 Mn
Dec 31, 2024 219.23 Mn
Dec 31, 2024 219.23 Mn
Sep 30, 2024 238.71 Mn
Sep 30, 2024 238.71 Mn
Jun 30, 2024 246.01 Mn
Jun 30, 2024 246.01 Mn
Mar 31, 2024 245.35 Mn
Mar 31, 2024 245.35 Mn
Dec 31, 2023 264.17 Mn
Dec 31, 2023 264.17 Mn
Sep 30, 2023 252.08 Mn
Sep 30, 2023 252.08 Mn
Jun 30, 2023 214.12 Mn
Jun 30, 2023 214.12 Mn
Mar 31, 2023 265.50 Mn
Mar 31, 2023 265.50 Mn
Dec 31, 2022 273.90 Mn
Dec 31, 2022 273.90 Mn
Sep 30, 2022 291.53 Mn
Sep 30, 2022 291.53 Mn
Jun 30, 2022 295.95 Mn
Jun 30, 2022 295.95 Mn
Mar 31, 2022 191.26 Mn
Mar 31, 2022 191.26 Mn
Dec 31, 2021 149.06 Mn
Dec 31, 2021 149.06 Mn
Sep 30, 2021 112.66 Mn
Sep 30, 2021 112.66 Mn
Jun 30, 2021 70.16 Mn
Jun 30, 2021 70.16 Mn
Mar 31, 2021 51.31 Mn
Mar 31, 2021 51.31 Mn
Dec 31, 2020 28.35 Mn
Dec 31, 2020 28.35 Mn
Sep 30, 2020 1.29 Mn
Sep 30, 2020 1.29 Mn
Jun 30, 2020 137,000.00
Jun 30, 2020 137,000.00
Mar 31, 2020 136.95 Mn
Mar 31, 2020 136.95 Mn
Dec 31, 2019 171.31 Mn
Dec 31, 2019 171.31 Mn
Sep 30, 2019 177.60 Mn
Sep 30, 2019 177.60 Mn
Jun 30, 2019 177.17 Mn
Jun 30, 2019 177.17 Mn
Mar 31, 2019 170.16 Mn
Mar 31, 2019 170.16 Mn
Dec 31, 2018 196.23 Mn
Dec 31, 2018 196.23 Mn
Sep 30, 2018 203.12 Mn
Sep 30, 2018 203.12 Mn
Jun 30, 2018 192.47 Mn
Jun 30, 2018 192.47 Mn
Mar 31, 2018 173.96 Mn
Mar 31, 2018 173.96 Mn
Dec 31, 2017 159.56 Mn
Dec 31, 2017 159.56 Mn
Sep 30, 2017 145.97 Mn
Sep 30, 2017 145.97 Mn
Jun 30, 2017 130.88 Mn
Jun 30, 2017 130.88 Mn
Mar 31, 2017 136.34 Mn
Mar 31, 2017 136.34 Mn
Dec 31, 2016 142.09 Mn
Dec 31, 2016 142.09 Mn
Sep 30, 2016 140.57 Mn
Sep 30, 2016 140.57 Mn
Jun 30, 2016 125.54 Mn
Jun 30, 2016 125.54 Mn
Mar 31, 2016 120.80 Mn
Mar 31, 2016 120.80 Mn
Dec 31, 2015 136.88 Mn
Dec 31, 2015 136.88 Mn
Sep 30, 2015 149.20 Mn
Sep 30, 2015 149.20 Mn
Jun 30, 2015 155.91 Mn
Jun 30, 2015 155.91 Mn
Mar 31, 2015 160.79 Mn
Mar 31, 2015 160.79 Mn
Dec 31, 2014 820.69 Mn
Dec 31, 2014 820.69 Mn
Sep 30, 2014 212.59 Mn
Sep 30, 2014 212.59 Mn
Jun 30, 2014 205.94 Mn
Jun 30, 2014 205.94 Mn
Mar 31, 2014 208.01 Mn
Mar 31, 2014 208.01 Mn
Dec 31, 2013 783.09 Mn
Dec 31, 2013 783.09 Mn
Sep 30, 2013 198.16 Mn
Sep 30, 2013 198.16 Mn
Jun 30, 2013 184.77 Mn
Jun 30, 2013 184.77 Mn
Mar 31, 2013 200.77 Mn
Mar 31, 2013 200.77 Mn