Copa Holdings (CPA) Research & Development (2016 - 2025)

Copa Holdings (CPA) reported Research & Development of $55.6 million for Q4 2025, up 10.0% on a YoY basis from $50.5 million in Q4 2024, and up 4.93% sequentially from $53.0 million in Q3 2025.

Copa Holdings (CPA) Research & Development (2016 - 2025) Analysis & Trends

Copa Holdings (CPA) has 10 years of Research & Development data on file, last reported at $55.6 million in Q4 2025.

  • For the quarter ending Q4 2025, Research & Development rose 10.0% year-over-year to $55.6 million; the trailing twelve-month figure through Dec 2025 stood at $208.3 million (changed 0.15% YoY), and the FY2025 full-year result was $55.6 million, changed N/A from the prior year.
  • Research & Development climbed to $55.6 million in Q4 2025, from $53.0 million in the prior quarter.
  • In the past five years, Research & Development ranged from a high of $61.5 million in Q4 2022 to a low of $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.
  • Peak annual rise in Research & Development reached 657.62% in 2021, while the deepest fall reached 48.46% in 2021.
  • Tracing CPA's Research & Development over 5 years: stood at $43.7 million in 2021, then soared by 40.71% to $61.5 million in 2022, then declined by 10.39% to $55.1 million in 2023, then fell by 8.28% to $50.5 million in 2024, then climbed by 10.0% to $55.6 million in 2025.
  • Business Quant data shows CPA's Research & Development at $55.6 million in Q4 2025, $53.0 million in Q3 2025, and $49.4 million in Q2 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) R&D (Qtr)
1 Latam Airlines 30,425.67 Bn 30,423.00 Bn 1.28 Mn -
2 Ryanair Holdings 61.42 Bn 58.23 Bn - 133.15 Mn
3 Delta Air Lines 56.43 Bn 51.76 Bn 19.07 Bn 726.00 Mn
4 Southwest Airlines 22.16 Bn 18.37 Bn 7.33 Bn -
5 Controladora Vuela Compania de Aviacion, S.A.B. de C.V 8.96 Bn 8.14 Bn - 46.00 Mn
6 Copa Holdings 5.70 Bn 4.36 Bn 713.71 Mn 55.60 Mn
7 Alaska Air 5.42 Bn 3.65 Bn 3.20 Bn -
8 Skywest 4.24 Bn 3.64 Bn 1.01 Bn -
9 Jetblue Airways 2.03 Bn 1.62 Bn 1.87 Bn 72.00 Mn
10 Allegiant Travel 1.83 Bn 924.91 Mn 651.87 Mn 28.20 Mn

Historic Data

Download Data
DateValue
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