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Copa (CPA) Revenue & Revenue Breakdown

OverviewForecastOwnershipFinancialsChartTranscripts

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

DateRevenueChange
2023-12-31$3.46B16.73%
2022-12-31$2.97B96.37%
2021-12-31$1.51B88.51%
2020-12-31$801.00M-70.41%
2019-12-31$2.71B1.11%
2018-12-31$2.68B5.94%
2017-12-31$2.53B13.76%
2016-12-31$2.22B-1.25%
2015-12-31$2.25B-17.33%
2014-12-31$2.72B4.35%
2013-12-31$2.61B15.96%
2012-12-31$2.25B22.94%
2011-12-31$1.83B29.66%
2010-12-31$1.41B12.61%
2009-12-31$1.25B-2.77%
2008-12-31$1.29B25.46%
2007-12-31$1.03B20.69%
2006-12-31$851.16M39.86%
2005-12-31$608.57M52.21%
2004-12-31$399.84M16.98%
2003-12-31$341.79M13.69%
2002-12-31$300.64M3.54%
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

DateRevenueChange
2024-03-31$893.47M-2.56%
2023-12-31$916.93M5.67%
2023-09-30$867.71M7.23%
2023-06-30$809.19M-6.70%
2023-03-31$867.26M-2.62%
2022-12-31$890.61M10.03%
2022-09-30$809.45M16.74%
2022-06-30$693.39M21.31%
2022-03-31$571.58M-0.59%
2021-12-31$575.00M29.21%
2021-09-30$445.00M46.26%
2021-06-30$304.26M63.86%
2021-03-31$185.68M17.05%
2020-12-31$158.64M389.89%
2020-09-30$32.38M122.83%
2020-06-30$14.53M-97.56%
2020-03-31$595.45M-12.68%
2019-12-31$681.93M-3.71%
2019-09-30$708.21M9.78%
2019-06-30$645.10M-4.03%
2019-03-31$672.17M2.45%
2018-12-31$656.06M-2.43%
2018-09-30$672.40M6.03%
2018-06-30$634.14M-11.31%
2018-03-31$715.02M5.84%
2017-12-31$675.58M2.80%
2017-09-30$657.17M13.68%
2017-06-30$578.09M-6.26%
2017-03-31$616.72M2.56%
2016-12-31$601.30M5.67%
2016-09-30$569.02M15.08%
2016-06-30$494.45M-11.24%
2016-03-31$557.07M4.59%
2015-12-31$532.60M-2.68%
2015-09-30$547.25M1.65%
2015-06-30$538.35M-14.79%
2015-03-31$631.83M-5.83%
2014-12-31$670.93M1.09%
2014-09-30$663.69M-1.47%
2014-06-30$673.56M-5.61%
2014-03-31$713.61M2.27%
2013-12-31$697.77M3.03%
2013-09-30$677.28M14.41%
2013-06-30$592.00M-7.69%
2013-03-31$641.28M6.91%
2012-12-31$599.84M1.59%
2012-09-30$590.45M14.46%
2012-06-30$515.84M-5.05%
2012-03-31$543.26M8.11%
2011-12-31$502.52M5.39%
2011-09-30$476.82M11.28%
2011-06-30$428.49M1.28%
2011-03-31$423.08M2.14%
2010-12-31$414.21M14.42%
2010-09-30$362.00M19.31%
2010-06-30$303.40M-9.48%
2010-03-31$335.19M-2.26%
2009-12-31$342.96M5.94%
2009-09-30$323.74M16.60%
2009-06-30$277.64M-10.08%
2009-03-31$308.76M-10.78%
2008-12-31$346.06M-0.82%
2008-09-30$348.92M17.11%
2008-06-30$297.93M0.69%
2008-03-31$295.89M3.97%
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/ServiceDec 22Dec 21Dec 20Dec 19Dec 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

CountryDec 23Dec 22Dec 21Dec 20Dec 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

TickerCompanyLast Year RevenueLast Quarter Revenue
DALDelta Air Lines$58.05B$15.68B
UALUnited Airlines$53.72B$14.84B
LUVSouthwest Airlines$26.09B$6.33B
AZULAzul$18.69B$4.68B
JBLUJetBlue Airways$9.62B$2.37B
ULCCFrontier Group$3.59B$935.00M
CPACopa$3.46B$893.47M
VLRSControladora Vuela Compañía de Aviación$3.26B$768.00M
SKYWSkyWest$2.94B$912.79M
HAHawaiian$2.72B$731.90M
ATSGAir Transport Services Group$2.07B$471.25M
SNCYSun Country Airlines$1.05B$249.47M
MESAMesa Air Group$498.06M$110.79M

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.