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
DateValue
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