Copa Holdings, S.A. (CPA) quarterly income statement — complete revenue, gross profit & net income history
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 | Q2'21 |
|---|
| Sales/Revenue | 1.05B | 962.89M | 913.15M | 842.6M | 899.18M | 878.62M | 854.71M | 819.4M | 893.47M | 912.84M | 867.71M | 809.19M | 867.26M | 890.61M | 809.45M | 693.39M | 571.58M | 575M | 445M | 304.26M |
| Revenue Growth % | 17.04% | 9.59% | 6.84% | 2.83% | 0.64% | -3.75% | -1.5% | 1.26% | 3.02% | 2.5% | 7.2% | 16.7% | 51.73% | 54.89% | 81.9% | 127.9% | 207.84% | 262.46% | 1274.22% | 1993.71% |
| Cost of Goods Sold | 674.79M | 638.03M | 576.44M | 550.84M | 566.08M | 552.86M | 565.51M | 541.58M | 558.69M | 578.53M | 549.77M | 501.76M | 551.99M | 547.3M | 549.19M | 541.95M | 429.06M | 324.77M | 310.4M | 237.05M |
| COGS % of Revenue | 64.12% | 66.26% | 63.13% | 65.37% | 62.95% | 62.92% | 66.16% | 66.09% | 62.53% | 63.38% | 63.36% | 62.01% | 63.65% | 61.45% | 67.85% | 78.16% | 75.07% | 56.48% | 69.75% | 77.91% |
| Gross Profit | 377.63M | 324.86M | 336.71M | 291.77M | 333.11M | 325.76M | 289.2M | 277.82M | 334.78M | 334.31M | 317.94M | 307.43M | 315.27M | 343.31M | 260.25M | 151.45M | 142.52M | 250.23M | 134.6M | 67.21M |
| Gross Margin % | 35.88% | 33.74% | 36.87% | 34.63% | 37.05% | 37.08% | 33.84% | 33.91% | 37.47% | 36.62% | 36.64% | 37.99% | 36.35% | 38.55% | 32.15% | 21.84% | 24.93% | 43.52% | 30.25% | 22.09% |
| Gross Profit Growth % | 13.37% | -0.28% | 16.43% | 5.02% | -0.5% | -2.56% | -9.04% | -9.63% | 6.19% | -2.62% | 22.17% | 102.99% | 121.21% | 37.2% | 93.35% | 125.34% | 627.6% | 551.07% | 252.79% | 119.92% |
| Operating Expenses | 119M | 108.65M | 124.4M | 115.15M | 119.28M | 122.01M | 115.49M | 118.31M | 118.79M | 119.97M | 112.93M | 112.76M | 122.06M | 123.66M | 116.56M | 109.19M | 97.75M | 88.94M | 75.59M | 58.47M |
| OpEx % of Revenue | 11.31% | 11.28% | 13.62% | 13.67% | 13.27% | 13.89% | 13.51% | 14.44% | 13.3% | 13.14% | 13.01% | 13.93% | 14.07% | 13.88% | 14.4% | 15.75% | 17.1% | 15.47% | 16.99% | 19.22% |
| Selling, General & Admin | 54.81M | 55.6M | 52.99M | 49.43M | 50.26M | 50.55M | 49.72M | 52.21M | 55.49M | 55.11M | 54.06M | 56.6M | 61.41M | 61.5M | 60.71M | 56.22M | 46.03M | 43.71M | 36.08M | 28.44M |
| SG&A % of Revenue | 5.21% | 5.77% | 5.8% | 5.87% | 5.59% | 5.75% | 5.82% | 6.37% | 6.21% | 6.04% | 6.23% | 6.99% | 7.08% | 6.91% | 7.5% | 8.11% | 8.05% | 7.6% | 8.11% | 9.35% |
| Research & Development | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| R&D % of Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Operating Expenses | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K |
| Operating Income | 258.63M | 216.22M | 212.31M | 176.62M | 213.82M | 203.75M | 173.71M | 159.51M | 215.99M | 214.34M | 205.01M | 194.67M | 193.21M | 219.66M | 143.69M | 42.26M | 44.77M | 161.29M | 59.01M | 8.74M |
| Operating Margin % | 24.58% | 22.45% | 23.25% | 20.96% | 23.78% | 23.19% | 20.32% | 19.47% | 24.17% | 23.48% | 23.63% | 24.06% | 22.28% | 24.66% | 17.75% | 6.09% | 7.83% | 28.05% | 13.26% | 2.87% |
| Operating Income Growth % | 20.96% | 6.12% | 22.22% | 10.73% | -1% | -4.94% | -15.27% | -18.06% | 11.79% | -2.42% | 42.68% | 360.63% | 331.53% | 36.19% | 143.5% | 383.76% | 158.09% | 269.68% | 155.17% | 102.44% |
| EBITDA | 272.89M | 219.43M | 227.15M | 197.45M | 229.98M | 210.53M | 192.81M | 161.25M | 225.7M | 231.48M | 297.48M | 73.8M | 166.56M | 134.43M | 150.71M | 149.91M | 40.82M | 151.28M | 25.41M | 46.56M |
| EBITDA Margin % | 25.93% | 22.79% | 24.87% | 23.43% | 25.58% | 23.96% | 22.56% | 19.68% | 25.26% | 25.36% | 34.28% | 9.12% | 19.2% | 15.09% | 18.62% | 21.62% | 7.14% | 26.31% | 5.71% | 15.3% |
| EBITDA Growth % | 18.66% | 4.23% | 17.81% | 22.45% | 1.9% | -9.05% | -35.19% | 118.49% | 35.51% | 72.2% | 97.39% | -50.77% | 308.02% | -11.14% | 493.22% | 221.96% | 144.05% | 185.64% | 124.91% | 112.47% |
| D&A (Non-Cash Add-back) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| EBIT | 272.89M | 219.43M | 227.15M | 197.45M | 229.98M | 210.53M | 192.81M | 161.25M | 225.7M | 231.48M | 297.48M | 73.8M | 166.56M | 134.43M | 150.71M | 149.91M | 40.82M | 151.28M | 25.41M | 46.56M |
| Net Interest Income | -9.75M | -10.94M | -9.52M | -7.91M | -7.44M | -5.43M | -7.96M | -7.09M | -5.09M | -6.12M | -67.82M | -18.55M | -15.52M | -15.97M | -17.98M | -17.74M | -17.9M | -18.61M | -15.94M | -15.88M |
| Interest Income | 16.08M | 16.54M | 14.88M | 15.38M | 15.79M | 16.06M | 15.56M | 13.54M | 13.75M | 14.29M | 15.11M | 11.97M | 8.84M | 7.41M | 4.55M | 3.53M | 2.54M | 2.57M | 2.68M | 2.75M |
| Interest Expense | 25.84M | 27.48M | 24.4M | 23.29M | 23.23M | 21.5M | 23.52M | 20.63M | 18.84M | 20.41M | 82.93M | 30.52M | 24.36M | 23.39M | 22.53M | 21.27M | 20.45M | 21.18M | 18.61M | 18.63M |
| Other Income/Expense | -11.58M | -24.26M | -9.56M | -2.46M | -7.08M | -14.72M | -4.42M | -18.89M | -9.13M | -3.27M | 9.54M | -151.38M | -51.02M | -108.62M | -15.51M | 86.38M | -24.4M | -31.19M | -52.22M | 19.2M |
| Pretax Income | 247.05M | 191.96M | 202.75M | 174.16M | 206.74M | 189.03M | 169.28M | 140.62M | 206.86M | 211.07M | 214.56M | 43.28M | 142.19M | 111.04M | 128.18M | 128.64M | 20.38M | 130.1M | 6.79M | 27.93M |
| Pretax Margin % | 23.47% | 19.94% | 22.2% | 20.67% | 22.99% | 21.51% | 19.81% | 17.16% | 23.15% | 23.12% | 24.73% | 5.35% | 16.4% | 12.47% | 15.84% | 18.55% | 3.56% | 22.63% | 1.53% | 9.18% |
| Income Tax | 34.59M | 19.33M | 29.4M | 25.25M | 29.98M | 23.26M | 23.26M | 20.36M | 30.79M | 23.38M | 27.18M | 25.77M | 20.67M | 22.76M | 12.24M | 4.56M | 617K | 11.84M | -1.45M | -138K |
| Effective Tax Rate % | 14% | 10.07% | 14.5% | 14.5% | 14.5% | 12.31% | 13.74% | 14.48% | 14.89% | 11.08% | 12.67% | 59.55% | 14.54% | 20.5% | 9.55% | 3.54% | 3.03% | 9.1% | -21.4% | -0.49% |
| Net Income | 212.47M | 172.62M | 173.35M | 148.91M | 176.77M | 165.77M | 146.03M | 120.25M | 176.07M | 187.69M | 187.38M | 17.51M | 121.52M | 88.28M | 115.94M | 124.08M | 19.76M | 118.26M | 8.24M | 28.07M |
| Net Margin % | 20.19% | 17.93% | 18.98% | 17.67% | 19.66% | 18.87% | 17.08% | 14.68% | 19.71% | 20.56% | 21.59% | 2.16% | 14.01% | 9.91% | 14.32% | 17.89% | 3.46% | 20.57% | 1.85% | 9.23% |
| Net Income Growth % | 20.2% | 4.13% | 18.71% | 23.83% | 0.4% | -11.68% | -22.07% | 586.81% | 44.89% | 112.61% | 61.62% | -85.89% | 515.02% | -25.35% | 1306.69% | 341.98% | 117.84% | 166.72% | 106.98% | 107.27% |
| Net Income (Continuing) | 212.47M | 172.62M | 173.35M | 148.91M | 176.77M | 165.77M | 146.03M | 120.25M | 176.07M | 187.69M | 187.38M | 17.51M | 121.52M | 88.28M | 115.94M | 124.08M | 19.76M | 118.26M | 8.24M | 28.07M |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| EPS (Diluted) | 5.16 | 4.18 | 4.21 | 3.61 | 4.28 | 3.99 | 3.50 | 2.88 | 4.19 | 4.77 | 4.72 | 0.44 | 3.07 | 2.23 | 2.93 | 3.01 | 0.47 | 2.78 | 0.19 | 0.66 |
| EPS Growth % | 20.56% | 4.76% | 20.29% | 25.35% | 2.15% | -16.35% | -25.85% | 554.55% | 36.48% | 113.9% | 61.09% | -85.38% | 553.19% | -19.78% | 1442.11% | 356.06% | 118.08% | 170.03% | 106.83% | 107.29% |
| EPS (Basic) | 5.16 | 4.18 | 4.21 | 3.61 | 4.28 | 3.99 | 3.50 | 2.88 | 4.19 | 4.55 | 4.72 | 0.44 | 3.07 | 2.23 | 2.93 | 3.01 | 0.47 | 2.78 | 0.19 | 0.66 |
| Diluted Shares Outstanding | 41.18M | 41.3M | 41.14M | 41.25M | 41.29M | 41.7M | 41.73M | 41.72M | 42.05M | 40.2M | 39.73M | 40.2M | 40.2M | 39.55M | 39.59M | 41.21M | 42.01M | 42.53M | 42.65M | 42.65M |
| Basic Shares Outstanding | 41.18M | 41.25M | 41.14M | 41.25M | 41.29M | 41.7M | 41.73M | 41.72M | 42.05M | 42.15M | 39.73M | 39.44M | 39.57M | 39.55M | 39.59M | 41.21M | 42.01M | 42.53M | 42.65M | 42.65M |
| Dividend Payout Ratio | 33.22% | 38.47% | 38.31% | 89.33% | - | 162.36% | - | - | - | 71.47% | - | - | - | - | - | - | - | - | - | - |