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
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	208.29	207.97	227.17	224.47	129.88
Depreciation & Amortization Expenses	365.14	330.71	306.11	267.7	239.95
Other Operating Expenses	117.92	137.12	130.66	125.42	81.99
Total Operating Expenses	691.34	675.8	663.94	617.59	451.81
Operating Income	818.96	752.95	807.23	450.38	151.96
Interest Income	62.59	58.91	50.21	18.03	10.85
Interest Expense	-98.39	-84.49	-158.22	-87.63	-76.23
Other Non-Operating Income (Expense)	-7.55	-21.58	-88.12	7.45	-32.24
Total Non-Operating Income (Expense)	-43.35	-47.16	-196.13	-62.15	-97.63
Pretax Income	775.61	705.79	611.1	388.23	54.33
Provision for Income Taxes	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%	62.18%	665.05%	-
Free Cash Flow	171.4	489.19	308.23	185.16	55.11
Free Cash Flow Growth	-64.96%	58.71%	66.47%	235.97%	281.71%
Free Cash Flow Per Share	4.15	11.70	7.66	3.91	1.29
Dividends 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%	10.06%
Profit Margin	18.56%	17.65%	14.87%	11.74%	2.90%
FCF Margin	4.74%	14.19%	8.92%	6.24%	3.65%
EBITDA	1,184	1,084	1,113	718.09	391.9
EBITDA Margin	32.73%	31.45%	32.21%	24.22%	25.96%
EBIT	818.96	752.95	807.23	450.38	151.96
EBIT Margin	22.64%	21.85%	23.35%	15.19%	10.06%
Effective Tax Rate	13.40%	13.84%	15.87%	10.35%	19.30%

Updated Dec 31, 2025. Data Source: Fiscal.ai. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q