Copa Earnings Reports

Copa Holdings posted solid results for Q3 2025, with strong net income, a high operating margin, and a significant increase in aircraft deliveries, demonstrating both financial and operational strength.

Copa Holdings delivered a strong second quarter in 2025, with net profit increasing by 23.8% to $148.9 million and EPS rising by 25.2% to $3.61. The company achieved a robust operating margin of 21.0% and a net margin of 17.7%, both showing significant improvements year-over-year. Despite a slight decrease in RASM, CASM decreased by 4.6%, contributing to improved profitability.

Copa Holdings reported a net profit of US$176.8 million for the first quarter of 2025, a slight increase compared to the same period last year. Operating profit was US$213.8 million with an operating margin of 23.8%. Capacity (ASMs) increased by 9.5%, while Ex-fuel CASM decreased by 4.3% and RASM decreased by 8.1% year over year. The company ended the quarter with approximately US$1.3 billion in cash and investments.

Copa Holdings reported a decline in revenue and profitability in Q4 2024, with revenue down 3.9% YoY and net income falling 11.5% YoY. Despite these declines, the company maintained a strong operating margin of 23.3% and increased capacity by 7.2% YoY.