Copa Holdings reported fourth-quarter and full-year 2025 financial results, including net profit of US$172.6 million for 4Q25 and US$671.6 million for full-year 2025, with EPS increasing 5.3% and 11.9% year-over-year respectively. The company also announced a quarterly dividend of US$1.71 per share and provided 2026 guidance with operating margin expected between 22% and 24% and capacity growth of 11-13%.
Key takeaways
Net profit of US$172.6 million (US$4.18 per share) for 4Q25, representing a 5.3% year-over-year EPS increase
Full-year 2025 net profit of US$671.6 million (US$16.28 per share), an 11.9% year-over-year EPS increase
Quarterly dividend of US$1.71 per share approved for 2026, with first payment on March 13, 2026 to shareholders of record February 27, 2026
2026 guidance: operating margin expected between 22% and 24%, capacity growth expected between 11% and 13% over 2025
Ended 4Q25 with approximately US$1.6 billion in cash, short-term and long-term investments, representing 44% of last twelve months' revenues
Took delivery of four Boeing 737 MAX 8 aircraft in 4Q25, ending the year with 125 aircraft, plus one additional in January 2026 bringing total to 126