Copa Holdings (CPA) Operating Income (2013 - 2025)
Copa Holdings' (CPA) quarterly Operating Income came in at $209.6 million in Q4 2025, up 2.87% year-on-year from $203.7 million in Q4 2024, and down 1.28% quarter-over-quarter from $212.3 million in Q3 2025.
Copa Holdings (CPA) Operating Income (2013 - 2025) Analysis & Trends
Copa Holdings has disclosed Operating Income across 13 years of filings, most recently posting $209.6 million for Q4 2025.
- Operating Income for Q4 2025 came in at $209.6 million, up 2.87% year-over-year; the trailing twelve-month figure through Dec 2025 was $819.0 million (up 8.77% YoY), and the FY2025 annual result 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.
- The 5-year median for Operating Income is $188.2 million (2023), against an average of $149.1 million.
- Across the five-year window, Operating Income plunged 178.11% in 2021 and jumped 383.76% in 2022, its largest moves.
- Copa Holdings' Operating Income stood at $161.3 million in 2021, then jumped by 36.19% to $219.7 million in 2022, then dropped by 2.42% to $214.3 million in 2023, then decreased by 4.94% to $203.7 million in 2024, then increased by 2.87% to $209.6 million in 2025.
- The last three Operating Income figures came in at $209.6 million (Q4 2025), $212.3 million (Q3 2025), and $183.2 million (Q2 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Op. Inc (Qtr) |
|---|---|---|---|---|---|
| 1 | Ryanair Holdings | 453.97 Bn | 448.50 Bn | 1.55 Bn | -590.64 Mn |
| 2 | Delta Air Lines | 54.89 Bn | 49.84 Bn | 15.19 Bn | 501.00 Mn |
| 3 | Grupo Aeromexico, S.A.B. de C.V | 47.52 Bn | 46.49 Bn | -239.00 Mn | 142.00 Mn |
| 4 | Southwest Airlines | 23.88 Bn | 20.55 Bn | 6.21 Bn | 330.00 Mn |
| 5 | Copa Holdings | 6.22 Bn | 4.88 Bn | 713.71 Mn | 209.59 Mn |
| 6 | Alaska Air | 5.64 Bn | 3.87 Bn | 3.20 Bn | -279.00 Mn |
| 7 | Skywest | 3.71 Bn | 3.08 Bn | 924.11 Mn | 123.69 Mn |
| 8 | Controladora Vuela Compania de Aviacion, S.A.B. de C.V | 2.23 Bn | 2.23 Bn | - | -21.00 Mn |
| 9 | Jetblue Airways | 2.11 Bn | -62.86 Mn | 1.87 Bn | -224.00 Mn |
| 10 | Allegiant Travel | 1.82 Bn | 921.81 Mn | 651.87 Mn | 81.10 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 |