Copa Holdings Income Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Operating Revenue	3,547	3,394	3,413	2,926	1,484
Other Revenue	70.85	52.33	43.54	38.55	25.96
Revenue	3,618	3,446	3,457	2,965	1,510
Revenue Growth (YoY)	4.98%	-0.31%	16.59%	96.37%	88.50%
Cost of Revenue	2,108	2,017	1,986	1,897	906.17
Gross Profit	1,510	1,429	1,471	1,068	603.77
Selling, General & Admin	326.21	345.09	357.83	349.89	218.6
Operating Expenses	691.34	675.8	663.94	617.59	458.54
Operating Income	818.96	752.95	807.23	450.38	145.22
Interest Expense	-98.39	-68.05	-146.37	-85.74	-74.05
Interest & Investment Income	62.59	58.91	50.21	18.03	10.85
Currency Exchange Gain (Loss)	-4.63	-33.99	3.08	-9.81	-6.17
Other Non Operating Income (Expenses)	-2.92	-9.93	-109.38	19.62	-27.98
EBT Excluding Unusual Items	775.61	699.89	604.76	392.48	47.87
Gain (Loss) on Sale of Investments	-	5.89	6.34	-4.25	-0.27
Asset Writedown	-	-	-	-	5.44
Other Unusual Items	-	-	-	-	1.3
Pretax Income	775.61	705.79	611.1	388.23	54.33
Income Tax Expense	103.96	97.67	97.01	40.18	10.49
Net Income	671.65	608.11	514.1	348.05	43.84
Net Income to Common	671.65	608.11	514.1	348.05	43.84
Net Income Growth	10.45%	18.29%	47.71%	693.85%	-
Shares Outstanding (Basic)	41	42	40	41	43
Shares Outstanding (Diluted)	41	42	40	47	43
Shares Change (YoY)	-1.29%	3.90%	-15.05%	11.16%	0.22%
EPS (Basic)	16.28	14.55	12.78	8.58	1.03
EPS (Diluted)	16.28	14.55	12.78	7.88	1.03
EPS Growth	11.89%	13.85%	62.13%	665.87%	-
Free Cash Flow	308.05	370.69	244.61	126.31	23.55
Free Cash Flow Per Share	7.47	8.87	6.08	2.67	0.55
Dividend Per Share	6.440	6.440	3.280	-	-
Dividend Growth	-	96.34%	-	-	-
Gross Margin	41.75%	41.46%	42.56%	36.02%	39.99%
Operating Margin	22.64%	21.85%	23.35%	15.19%	9.62%
Profit Margin	18.57%	17.65%	14.87%	11.74%	2.90%
Free Cash Flow Margin	8.52%	10.76%	7.08%	4.26%	1.56%
EBITDA	1,184	1,015	1,037	643.95	306.98
EBITDA Margin	32.73%	29.46%	30.01%	21.72%	20.33%
D&A For EBITDA	365.14	262.24	230.17	193.57	161.75
EBIT	818.96	752.95	807.23	450.38	145.22
EBIT Margin	22.64%	21.85%	23.35%	15.19%	9.62%
Effective Tax Rate	13.40%	13.84%	15.87%	10.35%	19.30%
Revenue as Reported	3,618	3,446	3,457	2,965	1,510

Source: S&P Global Market Intelligence. Standard template. Financial Sources.