Background. This study investigated respiratory gas exchanges and heart rate (HR) kinetics during early-phase recovery after a maximal cardiopulmonary exercise test (CPET) in patients with chronic obstructive pulmonary disease (COPD) grouped according to airflow limitation. Methods. Thirty control individuals (control group: CG) and 81 COPD patients (45 with “mild” or “moderate” airflow limitation, COPD I-II, versus 36 with “severe” or “very severe” COPD, COPD III-IV) performed a maximal CPET. The first 3 min of recovery kinetics was investigated for oxygen uptake ( O 2), minute ventilation ( ), respiratory equivalence, and HR. The time for O 2 to reach 25% (T 1/4 O 2) of peak value was also determined and compared. Results. The O 2, , and HR recovery kinetics were significantly slower in both COPD groups than CG ( p < 0.05). Moreover, COPD III-IV group had significantly higher O 2 and during recovery than COPD I-II group ( p < 0.05). T 1/4 O 2 significantly differed between groups ( p < 0.01; 58 ± 18 s in CG, 79 ± 26 s in COPD I-II group, and 121 ± 34 s in COPD III-IV) and was significantly correlated with forced expiratory volume in one second in COPD patients ( p < 0.001, r = 0.53) and with peak power output ( p < 0.001, r = 0.59). Conclusion. The COPD groups showed slower kinetics in the early recovery period than CG, and the kinetics varied with severity of airflow obstruction.