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| 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 |