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Subsequent events | 12 Months Ended
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Dec. 31, 2025
Disclosure of non-adjusting events after reporting period [abstract] |
Subsequent events | Dividends On February 11, 2026, the Board of Directors of Copa Holdings approved a 2026 dividend of $1.71 cents per share per quarter, corresponding to 40% of the adjusted consolidated net income of 2025. Proposed dividends are subject to board ratification each quarter, and are not recognized as a liability as at December 31, 2025. Stock grants In February 2026, the Compensation Committee of the Company’s Board of Directors approved 5 awards. Awards under these plans will grant approximately 57,916 shares of non-vested stock, which will vest over a period of 3 to 5 years. The Company estimates the fair value of these awards to be approximately $8.5 million and the 2026 compensation cost for these plans will be $3.4 million.

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