Welcome to our dedicated page for Copa Holdings Sa SEC filings (Ticker: CPA), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
The Copa Holdings, S.A. (NYSE: CPA) SEC filings page on Stock Titan brings together the company’s regulatory disclosures as a foreign private issuer in the scheduled passenger air transportation industry. Copa Holdings files annual reports on Form 20‑F and furnishes current information on Form 6‑K under the Securities Exchange Act of 1934, providing insight into its Latin American passenger and cargo air transportation business.
Recent Form 6‑K filings include enclosures such as monthly traffic statistics releases, quarterly earnings releases, and announcements of financial results schedules. These documents contain detailed operating data, including available seat miles (ASMs), revenue passenger miles (RPMs), load factor, revenue per available seat mile (RASM), and operating cost per available seat mile (CASM). They also present financial statements prepared in accordance with International Financial Reporting Standards (IFRS), covering passenger revenue, cargo and mail revenue, other operating revenue, operating expenses, operating profit, and net profit.
Copa Holdings’ filings further describe balance sheet items such as cash and cash equivalents, short‑term and long‑term investments, property and equipment, lease liabilities, loans and borrowings, air traffic liability, and frequent flyer deferred revenue. The company explains its use of non‑IFRS measures, including CASM excluding fuel, and provides reconciliations to IFRS figures within its earnings materials.
On Stock Titan, users can access these SEC filings as they are furnished to EDGAR and use AI‑powered summaries to interpret complex sections. The platform highlights key elements from Copa Holdings’ 6‑K submissions and other core filings, helping readers understand the company’s reported operating performance, financial position, and ongoing disclosure practices without having to manually parse every table and note.
Copa Holdings reported strong fourth-quarter and full-year 2025 results, highlighted by robust profitability and a solid balance sheet. Fourth-quarter net profit was US$172.6 million, or US$4.18 per share, with adjusted EPS of US$4.46, up 12.3% vs. 4Q24. Operating margin for the quarter was 21.8% and net margin 17.9%, as capacity grew 9.9% year over year and unit costs excluding fuel stayed tightly controlled.
For full-year 2025, net profit reached US$671.6 million, or US$16.28 per share, an 11.9% EPS increase versus 2024, with an operating margin of 22.6% and net margin of 18.6%. The company ended the year with about US$1.6 billion in cash and investments, an adjusted net debt to EBITDA ratio of 0.6x, and a fleet of 126 aircraft including Boeing 737 MAX 8s.
The board approved a 2026 quarterly dividend of US$1.71 per share, with the first payment on March 13, 2026. For 2026, Copa targets an operating margin of 22–24% and capacity growth of 11–13%, supported by continued cost discipline and an expected load factor around 87%.
Copa Holdings, S.A. reported strong January 2026 operating metrics, showing double-digit traffic growth versus January 2025. Available seat miles rose 11.9% to 3,104.4 million, while revenue passenger miles increased 13.3% to 2,716.0 million.
Because traffic grew faster than capacity, the system load factor improved to 87.5%, up 1.1 percentage points from 86.4% a year earlier. These preliminary figures suggest fuller planes across Copa’s network in the Americas and Caribbean at the start of 2026.
Sprucegrove Investment Management Ltd., a Canadian investment manager, has filed a Schedule 13G reporting a significant passive stake in Copa Holdings Class A shares. Sprucegrove beneficially owns 1,911,095 Class A shares, representing 6.01% of the class as of the event date.
The firm reports sole voting power over 1,386,819 shares and sole dispositive power over 1,911,095 shares, with no shared voting or dispositive power. Sprucegrove certifies that the securities were acquired and are held in the ordinary course of business, not for the purpose of changing or influencing control of Copa Holdings.
Copa Holdings, S.A. has furnished a Form 6-K as a foreign private issuer in January 2026, enclosing a press release titled “Copa Holdings Announces Fourth Quarter Financial Results Release Schedule.” The filing itself does not provide financial figures, but formally submits this press release to U.S. regulators, indicating when the company plans to release its fourth quarter financial results.
An affiliate of issuer CPA has filed a Rule 144 notice to sell common shares. The planned transaction covers 17,459 shares of common stock through broker Morgan Stanley Smith Barney LLC, with an aggregate market value of $2,126,506.20. The issuer reports 30,196,170 common shares outstanding, giving context to the size of this planned sale.
The seller, identified as PEDRO OSVALDO HEILBRON CALONGE, acquired these 17,459 shares on 03/31/2024 via an RSA (restricted stock award) from the issuer. Under Rule 144, the filer also discloses recent activity: during the past three months, this person executed several 10b5-1 plan sales of the issuer’s common stock, including 30,000 shares sold on 11/03/2025 for gross proceeds of $3,763,722.00. By signing the notice, the seller represents they are not aware of undisclosed material adverse information about the issuer.
Sprucegrove Investment Management Ltd. filed a Schedule 13G reporting a passive stake in Copa Holdings Class A shares. The firm disclosed beneficial ownership of 2,301,884 shares, representing 7.24% of the class as of the event date 11/14/2025.
Sprucegrove reported sole voting power over 1,676,269 shares and sole dispositive power over 2,301,884 shares, with no shared voting or dispositive power. The filing includes the standard certification that the securities were acquired and are held in the ordinary course of business and not for the purpose of changing or influencing control. The report is signed by the Chief Compliance Officer, Joe DaSilva.
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