Copa Holdings Income Statement

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	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	3,771	3,618	3,446	3,457	2,965	1,510
Revenue Growth (YoY)	9.25%	4.98%	-0.31%	16.59%	96.37%	88.50%
Cost of Revenue	2,203	2,108	2,017	1,986	1,897	906.17
Gross Profit	1,569	1,510	1,429	1,471	1,068	603.77
Selling, General & Admin	212.84	208.29	207.97	227.17	224.47	129.88
Depreciation & Amortization Expenses	379.58	365.14	330.71	306.11	267.7	239.95
Other Operating Expenses	112.35	117.92	137.12	130.66	125.42	81.99
Total Operating Expenses	704.77	691.34	675.8	663.94	617.59	451.81
Operating Income	863.77	818.96	752.95	807.23	450.38	151.96
Interest Income	62.88	62.59	58.91	50.21	18.03	10.85
Interest Expense	-101	-98.39	-84.49	-158.22	-87.63	-76.23
Other Non-Operating Income (Expense)	-9.74	-7.55	-21.58	-88.12	7.45	-32.24
Total Non-Operating Income (Expense)	-47.85	-43.35	-47.16	-196.13	-62.15	-97.63
Pretax Income	815.92	775.61	705.79	611.1	388.23	54.33
Provision for Income Taxes	108.57	103.96	97.67	97.01	40.18	10.49
Net Income	707.35	671.65	608.11	514.1	348.05	43.84
Net Income to Common	707.35	671.65	608.11	514.1	348.05	43.84
Net Income Growth	16.18%	10.45%	18.29%	47.71%	693.85%	-
Shares Outstanding (Basic)	41	41	42	40	41	43
Shares Outstanding (Diluted)	41	41	42	40	47	43
Shares Change (YoY)	-0.91%	-1.29%	3.90%	-15.05%	11.16%	0.22%
EPS (Basic)	17.15	16.28	14.55	12.78	8.58	1.03
EPS (Diluted)	17.15	16.28	14.55	12.78	7.88	1.03
EPS Growth	17.14%	11.89%	13.85%	62.18%	665.05%	-
Shares Outstanding	40.8	41.14	41.17	42.04	39.42	41.93
Free Cash Flow	433.12	1,322	1,486	1,353	943.7	562.4
Free Cash Flow Growth	-67.23%	-11.05%	9.83%	43.37%	67.80%	2752.63%
Free Cash Flow Per Share	10.50	32.04	35.55	33.63	19.93	13.20
Dividends Per Share	6.540	6.440	6.440	3.280	-	-
Dividend Growth	1.55%	-	96.34%	-	-	-
Gross Margin	41.59%	41.75%	41.46%	42.56%	36.02%	39.99%
Operating Margin	22.91%	22.64%	21.85%	23.35%	15.19%	10.06%
Profit Margin	18.76%	18.57%	17.65%	14.87%	11.74%	2.90%
FCF Margin	11.49%	36.54%	43.12%	39.14%	31.83%	37.25%
EBITDA	863.77	1,184	1,084	1,113	718.09	391.9
EBITDA Margin	22.91%	32.73%	31.45%	32.21%	24.22%	25.96%
EBIT	863.77	818.96	752.95	807.23	450.38	151.96
EBIT Margin	22.91%	22.64%	21.85%	23.35%	15.19%	10.06%
Effective Tax Rate	13.31%	13.40%	13.84%	15.87%	10.35%	19.30%

Updated May 14, 2026. Data Source: Fiscal.ai. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q