Copa Holdings (CPA) Operating Income (2013 - 2025)
Copa Holdings recorded quarterly Operating Income of $209.6 million in Q4 2025, down 1.28% quarter-over-quarter from $212.3 million in Q3 2025, and up 2.87% year-over-year from $203.7 million in Q4 2024.
Copa Holdings' Operating Income history runs 13 years deep, the most recent figure standing at $209.6 million for Q4 2025.
- In Q4 2025, Operating Income rose 2.87% year-over-year to $209.6 million; the TTM figure through Dec 2025 stood at $819.0 million (up 8.77% YoY), while the FY2025 annual figure was $819.0 million, up 8.77% from the prior year.
- Operating Income came in at $209.6 million for Q4 2025 at Copa Holdings, down from $212.3 million in the prior quarter.
- In the past five years, Operating Income ranged from a high of $219.7 million in Q4 2022 to a low of -$77.1 million in Q1 2021.
- A 5-year average of $149.1 million and a median of $188.2 million in 2023 frame the typical range for Operating Income.
- Across the five-year window, Operating Income tumbled 178.11% in 2021 and surged 383.76% in 2022, its largest moves.
- Copa Holdings' Operating Income stood at $161.3 million in 2021, then surged by 36.19% to $219.7 million in 2022, then declined by 2.42% to $214.3 million in 2023, then slipped by 4.94% to $203.7 million in 2024, then rose by 2.87% to $209.6 million in 2025.
- According to Business Quant data, Operating Income over the past three periods registered $209.6 million, $212.3 million, and $183.2 million for Q4 2025, Q3 2025, and Q2 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Op. Inc (Qtr) |
|---|---|---|---|---|---|
| 1 | Delta Air Lines | 53.78 Bn | 48.72 Bn | 15.19 Bn | 501.00 Mn |
| 2 | Southwest Airlines | 21.39 Bn | 18.06 Bn | 6.21 Bn | 330.00 Mn |
| 3 | Grupo Aeromexico, S.A.B. de C.V | 18.50 Bn | 17.47 Bn | -239.00 Mn | 142.00 Mn |
| 4 | Controladora Vuela Compania de Aviacion, S.A.B. de C.V | 8.98 Bn | 8.98 Bn | - | -21.00 Mn |
| 5 | Alaska Air | 5.26 Bn | 3.49 Bn | 3.20 Bn | -279.00 Mn |
| 6 | Skywest | 3.43 Bn | 2.80 Bn | 924.11 Mn | 123.69 Mn |
| 7 | Copa Holdings | 3.33 Bn | 1.99 Bn | 713.71 Mn | 209.59 Mn |
| 8 | Jetblue Airways | 2.03 Bn | -140.72 Mn | 1.87 Bn | -224.00 Mn |
| 9 | Allegiant Travel | 1.67 Bn | 765.78 Mn | 651.87 Mn | 81.10 Mn |
| 10 | Frontier Group Holdings | 1.39 Bn | 618.26 Mn | 724.00 Mn | -283.00 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | 209.59 Mn |
| Sep 30, 2025 | 212.31 Mn |
| Jun 30, 2025 | 183.25 Mn |
| Mar 31, 2025 | 213.82 Mn |
| Dec 31, 2024 | 203.75 Mn |
| Sep 30, 2024 | 173.71 Mn |
| Jun 30, 2024 | 159.51 Mn |
| Mar 31, 2024 | 215.99 Mn |
| Dec 31, 2023 | 214.34 Mn |
| Sep 30, 2023 | 205.01 Mn |
| Jun 30, 2023 | 194.67 Mn |
| Mar 31, 2023 | 193.21 Mn |
| Dec 31, 2022 | 219.66 Mn |
| Sep 30, 2022 | 143.69 Mn |
| Jun 30, 2022 | 42.26 Mn |
| Mar 31, 2022 | 44.77 Mn |
| Dec 31, 2021 | 161.29 Mn |
| Sep 30, 2021 | 59.01 Mn |
| Jun 30, 2021 | 8.74 Mn |
| Mar 31, 2021 | -77.08 Mn |
| Dec 31, 2020 | -95.06 Mn |
| Sep 30, 2020 | -106.97 Mn |
| Jun 30, 2020 | -357.88 Mn |
| Mar 31, 2020 | 98.69 Mn |
| Dec 31, 2019 | 17.80 Mn |
| Sep 30, 2019 | 132.88 Mn |
| Jun 30, 2019 | 82.60 Mn |
| Mar 31, 2019 | 112.87 Mn |
| Dec 31, 2018 | 159.46 Mn |
| Sep 30, 2018 | 77.77 Mn |
| Jun 30, 2018 | 60.43 Mn |
| Mar 31, 2018 | 147.65 Mn |
| Dec 31, 2017 | 110.85 Mn |
| Sep 30, 2017 | 120.66 Mn |
| Jun 30, 2017 | 78.56 Mn |
| Mar 31, 2017 | 116.20 Mn |
| Dec 31, 2016 | 276.14 Mn |
| Sep 30, 2016 | 76.42 Mn |
| Jun 30, 2016 | 34.59 Mn |
| Mar 31, 2016 | 94.49 Mn |
| Dec 31, 2015 | 266.09 Mn |
| Sep 30, 2015 | 50.56 Mn |
| Jun 30, 2015 | 49.16 Mn |
| Mar 31, 2015 | 127.30 Mn |
| Dec 31, 2014 | 101.83 Mn |
| Sep 30, 2014 | 111.06 Mn |
| Jun 30, 2014 | 131.19 Mn |
| Mar 31, 2014 | 177.00 Mn |
| Dec 31, 2013 | 129.75 Mn |
| Sep 30, 2013 | 147.49 Mn |
| Jun 30, 2013 | 97.69 Mn |
| Mar 31, 2013 | 142.63 Mn |