Copa (CPA) Revenue & Revenue Breakdown
Copa Revenue Highlights
Latest Revenue (Y)
$3.46B
Latest Revenue (Q)
$893.47M
Main Segment (Y)
Passenger revenue
Main Geography (Y)
North America
Copa Revenue by Period
Copa Revenue by Year
| Date | Revenue | Change |
|---|---|---|
| 2023-12-31 | $3.46B | 16.73% |
| 2022-12-31 | $2.97B | 96.37% |
| 2021-12-31 | $1.51B | 88.51% |
| 2020-12-31 | $801.00M | -70.41% |
| 2019-12-31 | $2.71B | 1.11% |
| 2018-12-31 | $2.68B | 5.94% |
| 2017-12-31 | $2.53B | 13.76% |
| 2016-12-31 | $2.22B | -1.25% |
| 2015-12-31 | $2.25B | -17.33% |
| 2014-12-31 | $2.72B | 4.35% |
| 2013-12-31 | $2.61B | 15.96% |
| 2012-12-31 | $2.25B | 22.94% |
| 2011-12-31 | $1.83B | 29.66% |
| 2010-12-31 | $1.41B | 12.61% |
| 2009-12-31 | $1.25B | -2.77% |
| 2008-12-31 | $1.29B | 25.46% |
| 2007-12-31 | $1.03B | 20.69% |
| 2006-12-31 | $851.16M | 39.86% |
| 2005-12-31 | $608.57M | 52.21% |
| 2004-12-31 | $399.84M | 16.98% |
| 2003-12-31 | $341.79M | 13.69% |
| 2002-12-31 | $300.64M | 3.54% |
| 2001-12-31 | $290.37M | - |
Copa generated $3.46B in revenue during NA 2023, up 16.73% compared to the previous quarter, and up 129.26% compared to the same period a year ago.
Copa Revenue by Quarter
| Date | Revenue | Change |
|---|---|---|
| 2024-03-31 | $893.47M | -2.56% |
| 2023-12-31 | $916.93M | 5.67% |
| 2023-09-30 | $867.71M | 7.23% |
| 2023-06-30 | $809.19M | -6.70% |
| 2023-03-31 | $867.26M | -2.62% |
| 2022-12-31 | $890.61M | 10.03% |
| 2022-09-30 | $809.45M | 16.74% |
| 2022-06-30 | $693.39M | 21.31% |
| 2022-03-31 | $571.58M | -0.59% |
| 2021-12-31 | $575.00M | 29.21% |
| 2021-09-30 | $445.00M | 46.26% |
| 2021-06-30 | $304.26M | 63.86% |
| 2021-03-31 | $185.68M | 17.05% |
| 2020-12-31 | $158.64M | 389.89% |
| 2020-09-30 | $32.38M | 122.83% |
| 2020-06-30 | $14.53M | -97.56% |
| 2020-03-31 | $595.45M | -12.68% |
| 2019-12-31 | $681.93M | -3.71% |
| 2019-09-30 | $708.21M | 9.78% |
| 2019-06-30 | $645.10M | -4.03% |
| 2019-03-31 | $672.17M | 2.45% |
| 2018-12-31 | $656.06M | -2.43% |
| 2018-09-30 | $672.40M | 6.03% |
| 2018-06-30 | $634.14M | -11.31% |
| 2018-03-31 | $715.02M | 5.84% |
| 2017-12-31 | $675.58M | 2.80% |
| 2017-09-30 | $657.17M | 13.68% |
| 2017-06-30 | $578.09M | -6.26% |
| 2017-03-31 | $616.72M | 2.56% |
| 2016-12-31 | $601.30M | 5.67% |
| 2016-09-30 | $569.02M | 15.08% |
| 2016-06-30 | $494.45M | -11.24% |
| 2016-03-31 | $557.07M | 4.59% |
| 2015-12-31 | $532.60M | -2.68% |
| 2015-09-30 | $547.25M | 1.65% |
| 2015-06-30 | $538.35M | -14.79% |
| 2015-03-31 | $631.83M | -5.83% |
| 2014-12-31 | $670.93M | 1.09% |
| 2014-09-30 | $663.69M | -1.47% |
| 2014-06-30 | $673.56M | -5.61% |
| 2014-03-31 | $713.61M | 2.27% |
| 2013-12-31 | $697.77M | 3.03% |
| 2013-09-30 | $677.28M | 14.41% |
| 2013-06-30 | $592.00M | -7.69% |
| 2013-03-31 | $641.28M | 6.91% |
| 2012-12-31 | $599.84M | 1.59% |
| 2012-09-30 | $590.45M | 14.46% |
| 2012-06-30 | $515.84M | -5.05% |
| 2012-03-31 | $543.26M | 8.11% |
| 2011-12-31 | $502.52M | 5.39% |
| 2011-09-30 | $476.82M | 11.28% |
| 2011-06-30 | $428.49M | 1.28% |
| 2011-03-31 | $423.08M | 2.14% |
| 2010-12-31 | $414.21M | 14.42% |
| 2010-09-30 | $362.00M | 19.31% |
| 2010-06-30 | $303.40M | -9.48% |
| 2010-03-31 | $335.19M | -2.26% |
| 2009-12-31 | $342.96M | 5.94% |
| 2009-09-30 | $323.74M | 16.60% |
| 2009-06-30 | $277.64M | -10.08% |
| 2009-03-31 | $308.76M | -10.78% |
| 2008-12-31 | $346.06M | -0.82% |
| 2008-09-30 | $348.92M | 17.11% |
| 2008-06-30 | $297.93M | 0.69% |
| 2008-03-31 | $295.89M | 3.97% |
| 2007-12-31 | $284.59M | - |
Copa generated $893.47M in revenue during Q1 2024, up -2.56% compared to the previous quarter, and up 100.32% compared to the same period a year ago.
Copa Revenue Breakdown
Copa Revenue Breakdown by Product
Annual Revenue by Product
| Product/Service | Dec 22 | Dec 21 | Dec 20 | Dec 19 | Dec 18 |
|---|---|---|---|---|---|
| Cargo and mail revenue | $101.77M | $71.58M | $21.00M | $62.46M | $62.48M |
| Passenger revenue | $2.82B | $1.41B | $760.59M | $2.61B | $2.59B |
| Passenger revenue excluding miles redeemed | $2.79B | $1.39B | $752.05M | $2.58B | $2.57B |
| Miles redeemed | $31.30M | $24.30M | $8.54M | $31.43M | $20.07M |
| Cargo and mail revenue net | - | - | - | - | $62.48M |
| Frequent Flyer Program Revenue | - | - | - | - | $16.29M |
Copa's latest annual revenue breakdown by segment (product or service), as of Dec 22: Passenger revenue (49.12%), Passenger revenue excluding miles redeemed (48.57%), Cargo and mail revenue (1.77%), and Miles redeemed (0.54%).
Copa Revenue Breakdown by Country
Annual Revenue by Country
| Country | Dec 23 | Dec 22 | Dec 21 | Dec 20 | Dec 19 |
|---|---|---|---|---|---|
| Carribean | $54.92M | $54.77M | $22.09M | $20.82M | - |
| South America | $1.23B | $1.09B | $557.83M | $281.01M | - |
| North America | $1.33B | $957.73M | $428.46M | $233.04M | $857.00M |
| Central America | $796.68M | $819.53M | $475.59M | $246.73M | - |
| Central America And Caribbean | - | - | - | - | $211.57M |
| ARGENTINA | - | - | - | - | $156.15M |
| BRAZIL | - | - | - | - | $279.72M |
| COLOMBIA | - | - | - | - | $201.89M |
| Others South America | - | - | - | - | $337.78M |
| PANAMA | - | - | - | - | $630.97M |
Copa's latest annual revenue breakdown by geography, as of Dec 23: North America (38.92%), South America (36.13%), Central America (23.34%), and Carribean (1.61%).
Copa Peer Comparison by Revenue
| Ticker | Company | Last Year Revenue | Last Quarter Revenue |
|---|---|---|---|
| DAL | Delta Air Lines | $58.05B | $16.66B |
| UAL | United Airlines | $53.72B | $14.99B |
| LUV | Southwest Airlines | $26.09B | $6.33B |
| AZUL | Azul | $18.69B | $4.68B |
| JBLU | JetBlue Airways | $9.62B | $2.43B |
| ULCC | Frontier Group | $3.59B | $865.00M |
| CPA | Copa | $3.46B | $893.47M |
| VLRS | Controladora Vuela Compañía de Aviación | $3.26B | $768.00M |
| SKYW | SkyWest | $2.94B | $867.12M |
| HA | Hawaiian | $2.72B | $731.90M |
| ATSG | Air Transport Services Group | $2.07B | $488.41M |
| SNCY | Sun Country Airlines | $1.05B | $254.38M |
| MESA | Mesa Air Group | $498.06M | $131.58M |
CPA Revenue FAQ
What is Copa’s yearly revenue?
Copa's yearly revenue for 2023 was $3.46B, representing an increase of 16.73% compared to 2022. The company's yearly revenue for 2022 was $2.97B, representing an increase of 96.37% compared to 2021. CPA's yearly revenue for 2021 was $1.51B, representing an increase of 88.51% compared to 2020.
What is Copa’s quarterly revenue?
Copa's quarterly revenue for Q1 2024 was $893.47M, a -2.56% decrease from the previous quarter (Q4 2023), and a 3.02% increase year-over-year (Q1 2023). The company's quarterly revenue for Q4 2023 was $916.93M, a 5.67% increase from the previous quarter (Q3 2023), and a 2.96% increase year-over-year (Q4 2022). CPA's quarterly revenue for Q3 2023 was $867.71M, a 7.23% increase from the previous quarter (Q2 2023), and a 7.20% increase year-over-year (Q3 2022).
What is Copa’s revenue growth rate?
Copa's revenue growth rate for the last 3 years (2021-2023) was 129.22%, and for the last 5 years (2019-2023) was 27.84%.
What are Copa’s revenue streams?
Copa's revenue streams in c 22 are Cargo and mail revenue, Passenger revenue, Passenger revenue excluding miles redeemed, and Miles redeemed. Cargo and mail revenue generated $101.76M in revenue, accounting 1.77% of the company's total revenue, up 42.18% year-over-year. Passenger revenue generated $2.82B in revenue, accounting 49.12% of the company's total revenue, up 100.00% year-over-year. Passenger revenue excluding miles redeemed generated $2.79B in revenue, accounting 48.57% of the company's total revenue, up 101.24% year-over-year. Miles redeemed generated $31.3M in revenue, accounting 0.54% of the company's total revenue, up 28.80% year-over-year.
What is Copa’s main source of revenue?
For the fiscal year ending Dec 22, the largest source of revenue of Copa was Passenger revenue. This segment made a revenue of $2.82B, representing 49.12% of the company's total revenue.