Copa Holdings, S.A annual operating expenses
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
Copa Holdings, S.A Operating Expenses Growth & History (CPA)
Copa Holdings, S.A's operating expenses was $2.80B for fiscal 2025.
View full Copa Holdings, S.A company overviewCopa Holdings, S.A annual operating expenses history
| Fiscal year | Period ended | Operating expenses | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | $2.80B | $105.6M | +3.92% |
| 2024 | 2024-12-31 | $2.69B | $43.5M | +1.64% |
| 2023 | 2023-12-31 | $2.65B | $135.1M | +5.37% |
| 2022 | 2022-12-31 | $2.51B | $1.16B | +85.18% |
| 2021 | 2021-12-31 | $1.36B | $96.0M | +7.61% |
| 2020 | 2020-12-31 | $1.26B | −$1.10B | −46.56% |
| 2019 | 2019-12-31 | $2.36B | −$156.8M | −6.23% |
| 2018 | 2018-12-31 | $2.52B | $434.7M | +20.86% |
| 2017 | 2017-12-31 | $2.08B | $129.2M | +6.61% |
| 2016 | 2016-12-31 | $1.95B | −$46.9M | −2.34% |
| 2015 | 2015-12-31 | $2.00B | — | — |
Copa Holdings, S.A quarterly operating expenses
Q2.25
Q3.25
Q4.25
Q1.26
Q2.26
| Fiscal quarter | Period ended | Operating expenses | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | $130.8M | $22.3M | +20.53% |
| Q1 2026 | 2026-03-31 | $119.0M | — | — |
| Q4 2025 | 2025-12-31 | $108.6M | — | — |
| Q3 2025 | 2025-09-30 | $124.4M | — | — |
| Q2 2025 | 2025-06-30 | $108.5M | — | — |
Copa Holdings, S.A operating expenses trends
Over the last five fiscal years, Copa Holdings, S.A's operating expenses increased from $1.26B to $2.80B, a change of $1.54B. The latest reported quarter, Q2 2026, shows $130.8M.
About the metric
What operating expenses mean
Operating expenses are the recurring costs of running a company’s business beyond the direct costs used to calculate gross profit. They commonly include selling, general and administrative expenses, research and development, and other operating costs.
Calculation and source
SEC-reported and calculated operating expenses
TickerStat uses operating expenses reported in company SEC filings when available. When a separate total is unavailable, it calculates operating expenses as aligned gross profit minus operating income for the same fiscal period. Fiscal periods can differ from calendar years, so exact period-end dates are included.
Review Copa Holdings, S.A source filings ↗