Copa Holdings (CPA) Cost of Revenue (2016 - 2025)
Copa Holdings (CPA) reported Cost of Revenue of $249.2 million for Q4 2025, up 13.66% on a YoY basis from $219.2 million in Q4 2024, and up 5.22% sequentially from $236.8 million in Q3 2025.
Copa Holdings (CPA) Cost of Revenue (2016 - 2025) Analysis & Trends
Copa Holdings (CPA) has 10 years of Cost of Revenue data on file, last reported at $249.2 million in Q4 2025.
- For the quarter ending Q4 2025, Cost of Revenue rose 13.66% year-over-year to $249.2 million; the trailing twelve-month figure through Dec 2025 stood at $932.3 million (down 1.8% YoY), and the FY2025 full-year result was $932.3 million, down 1.8% from the prior year.
- Cost of Revenue improved to $249.2 million in Q4 2025, 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.
- Peak annual rise in Cost of Revenue reached 51108.76% in 2021, while the deepest fall reached 62.54% in 2021.
- Tracing CPA's Cost of Revenue over 5 years: stood at $149.1 million in 2021, then soared by 83.76% to $273.9 million in 2022, then retreated by 3.55% to $264.2 million in 2023, then slipped by 17.01% to $219.2 million in 2024, then advanced by 13.66% to $249.2 million in 2025.
- Business Quant data shows CPA's Cost of Revenue at $249.2 million in Q4 2025, $236.8 million in Q3 2025, and $214.1 million in Q2 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Latam Airlines | 30,820.50 Bn | 30,817.83 Bn | 1.28 Mn | 82.17 Mn |
| 2 | Ryanair Holdings | 60.62 Bn | 57.43 Bn | - | - |
| 3 | Delta Air Lines | 56.47 Bn | 51.80 Bn | 19.07 Bn | 688.00 Mn |
| 4 | Southwest Airlines | 22.19 Bn | 18.40 Bn | 7.33 Bn | 1.10 Bn |
| 5 | Controladora Vuela Compania de Aviacion, S.A.B. de C.V | 8.95 Bn | 8.12 Bn | - | - |
| 6 | Copa Holdings | 5.72 Bn | 4.39 Bn | 713.71 Mn | 249.18 Mn |
| 7 | Alaska Air | 5.41 Bn | 3.64 Bn | 3.20 Bn | 99.00 Mn |
| 8 | Skywest | 4.36 Bn | 3.75 Bn | 1.01 Bn | 91.51 Mn |
| 9 | Jetblue Airways | 2.00 Bn | 1.59 Bn | 1.87 Bn | 366.00 Mn |
| 10 | Allegiant Travel | 1.82 Bn | 915.81 Mn | 651.87 Mn | 19.93 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |