Copa Holdings (CPA) Gross Margin (2013 - 2025)

Copa Holdings has disclosed Gross Margin across 13 years of filings, most recently posting 74.12% for Q4 2025.

• Gross Margin for Q4 2025 came in at 74.12%, down 93.0% year-over-year; the trailing twelve-month figure through Dec 2025 was 74.23% (up 178.0% YoY), and the FY2025 annual result was 74.23%, up 178.0% from the prior year.
• Gross Margin came in at 74.12% for Q4 2025 at Copa Holdings, roughly flat from 74.07% in the prior quarter.
• In the past five years, Gross Margin ranged from a high of 76.94% in Q2 2021 to a low of 57.32% in Q2 2022.
• The 5-year median for Gross Margin is 72.45% (2024), against an average of 71.33%.
• Across the five-year window, Gross Margin sank 2212 bps in 2021 and surged 1622 bps in 2023, its largest moves.
• Copa Holdings' Gross Margin stood at 74.08% in 2021, then fell by 7 bps to 69.25% in 2022, then rose by 3 bps to 71.06% in 2023, then climbed by 6 bps to 75.05% in 2024, then slipped by 1 bps to 74.12% in 2025.
• The last three Gross Margin figures came in at 74.12% (Q4 2025), 74.07% (Q3 2025), and 74.59% (Q2 2025), per Business Quant data.