Copa Holdings (CPA) Research & Development (2016 - 2025)
Copa Holdings (CPA) posted Research & Development of $55.6 million for Q4 2025, up 4.93% sequentially from $53.0 million in Q3 2025, and up 10.0% YoY from $50.5 million in Q4 2024.
Copa Holdings (CPA) Research & Development (2016 - 2025) Analysis & Trends
Copa Holdings has reported Research & Development for 10 years, with the latest figure at $55.6 million in Q4 2025.
- Quarterly Research & Development rose 10.0% year-over-year to $55.6 million in Q4 2025, while the trailing twelve-month figure through Dec 2025 was $208.3 million (changed 0.15% YoY) and the FY2025 annual result came in at $55.6 million, changed N/A from the prior year.
- Research & Development climbed to $55.6 million in Q4 2025 per CPA's latest filing, from $53.0 million in the prior quarter.
- Over five years, Research & Development peaked at $61.5 million in Q4 2022 and troughed at $21.7 million in Q1 2021.
- A 5-year average of $49.9 million and a median of $52.6 million in 2024 frame the typical range for Research & Development.
- The widest YoY moves for Research & Development: up 657.62% in 2021, down 48.46% in 2021.
- Over 5 years, Research & Development stood at $43.7 million in 2021, then soared by 40.71% to $61.5 million in 2022, then decreased by 10.39% to $55.1 million in 2023, then slipped by 8.28% to $50.5 million in 2024, then rose by 10.0% to $55.6 million in 2025.
- According to Business Quant data, Research & Development over the past three periods registered $55.6 million, $53.0 million, and $49.4 million for Q4 2025, Q3 2025, and Q2 2025 respectively.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Delta Air Lines | 53.01 Bn | 48.34 Bn | 19.07 Bn | 726.00 Mn |
| 2 | Ryanair Holdings | 28.78 Bn | 25.56 Bn | - | 136.00 Mn |
| 3 | Southwest Airlines | 19.50 Bn | 15.71 Bn | 7.33 Bn | - |
| 4 | Copa Holdings | 5.30 Bn | 4.04 Bn | 1.03 Bn | 57.39 Mn |
| 5 | Alaska Air | 4.46 Bn | 1.80 Bn | 3.76 Bn | - |
| 6 | Skywest | 3.98 Bn | 3.38 Bn | 1.01 Bn | - |
| 7 | Jetblue Airways | 1.79 Bn | -232.60 Mn | 2.32 Bn | 88.00 Mn |
| 8 | Allegiant Travel | 1.75 Bn | 695.62 Mn | 902.77 Mn | 35.19 Mn |
| 9 | Frontier Group Holdings | 1.33 Bn | 373.12 Mn | - | 64.00 Mn |
| 10 | Republic Airways Holdings | 843.32 Mn | 565.72 Mn | 487.40 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | 55.60 Mn |
| Sep 30, 2025 | 52.99 Mn |
| Jun 30, 2025 | 49.43 Mn |
| Mar 31, 2025 | 50.26 Mn |
| Dec 31, 2024 | 50.55 Mn |
| Sep 30, 2024 | 49.72 Mn |
| Jun 30, 2024 | 52.21 Mn |
| Mar 31, 2024 | 55.49 Mn |
| Dec 31, 2023 | 55.11 Mn |
| Sep 30, 2023 | 54.06 Mn |
| Jun 30, 2023 | 56.60 Mn |
| Mar 31, 2023 | 61.41 Mn |
| Dec 31, 2022 | 61.50 Mn |
| Sep 30, 2022 | 60.71 Mn |
| Jun 30, 2022 | 56.22 Mn |
| Mar 31, 2022 | 46.03 Mn |
| Dec 31, 2021 | 43.71 Mn |
| Sep 30, 2021 | 36.08 Mn |
| Jun 30, 2021 | 28.44 Mn |
| Mar 31, 2021 | 21.65 Mn |