Copa Holdings (CPA) Research & Development (2016 - 2026)
Copa Holdings' (CPA) quarterly Research & Development came in at $57.4 million in Q2 2026, up 16.1% year-over-year from $49.4 million in Q2 2025, and up 4.7% quarter-over-quarter from $54.8 million in Q1 2026.
Analysis
Copa Holdings (CPA) Research & Development (2016 - 2026) Analysis & Trends
Copa Holdings has disclosed Research & Development across 11 years of filings, most recently posting $57.4 million for Q2 2026.
- In Q2 2026, Research & Development rose 16.1% year-over-year to $57.4 million; the TTM figure through Jun 2026 stood at $220.8 million (up 10.42% YoY), while the FY2025 annual figure was $208.3 million, changed 0.15% from the prior year.
- Research & Development came in at $57.4 million for Q2 2026 at Copa Holdings, up from $54.8 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 $46.0 million in Q1 2022.
- Average Research & Development over 5 years is $54.4 million, with a median of $55.0 million recorded in 2023.
- Year-over-year, Research & Development surged 112.6% in 2022 and fell 10.96% in 2023.
- Over 5 years, Research & Development stood at $61.5 million in 2022, then fell by 10.39% to $55.1 million in 2023, then retreated by 8.28% to $50.5 million in 2024, then grew by 10.0% to $55.6 million in 2025, then grew by 3.21% to $57.4 million in 2026.
- Per Business Quant data, the three most recent Research & Development figures were $57.4 million in Q2 2026, $54.8 million in Q1 2026, and $55.6 million in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Delta Air Lines | 51.66 Bn | 46.99 Bn | 19.07 Bn | 726.00 Mn |
| 2 | Ryanair Holdings | 28.60 Bn | 24.67 Bn | - | 136.00 Mn |
| 3 | Southwest Airlines | 18.92 Bn | 15.13 Bn | 7.33 Bn | - |
| 4 | Copa Holdings | 5.36 Bn | 4.10 Bn | 1.03 Bn | 57.39 Mn |
| 5 | Alaska Air | 4.49 Bn | 1.83 Bn | 3.76 Bn | - |
| 6 | Skywest | 3.79 Bn | 3.19 Bn | 1.01 Bn | - |
| 7 | Grupo Aeromexico, S.A.B. de C.V | 2.29 Bn | 1.25 Bn | - | - |
| 8 | Allegiant Travel | 1.75 Bn | 699.04 Mn | 902.77 Mn | 35.19 Mn |
| 9 | Jetblue Airways | 1.64 Bn | -375.44 Mn | 2.32 Bn | 88.00 Mn |
| 10 | Frontier Group Holdings | 1.30 Bn | 347.83 Mn | - | 64.00 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 57.39 Mn |
| Mar 31, 2026 | 54.81 Mn |
| 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 |