---
schema_version: "secwatch.filing_event.v1"
accession: "0001743907-23-000003"
form_type: "8-K"
ticker: "SNCY"
cik: "0001743907"
company_name: "Sun Country Airlines Holdings, Inc."
filed_at: "2023-02-02T23:59:59+00:00"
generated_at: "2026-06-20T02:33:02.976862+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Sun Country Q4 revenue $227.2M (+31.6% YoY); adj. EPS $0.13; FY22 record revenue $894.4M

## Summary
- Q4 GAAP diluted EPS $0.12; adjusted diluted EPS $0.13; operating margin 6.7%.
- Full-year 2022 revenue $894.4M (+43.6% YoY); GAAP net income $17.7M vs $81.2M in 2021 due to fuel and labor costs.
- Adjusted net income for 2022 $25.8M (+41.8%); adjusted diluted EPS $0.42 (+35.5%).
- Q1 2023 guidance: revenue $280-290M; operating margin 15-20%; system block hours 35k-36k.
- Completed $25M ASR (1.4M shares at $18.23 avg); $25M buyback authorization remains.

## SEC filing metadata
- accession: 0001743907-23-000003
- form_type: 8-K
- ticker: SNCY
- cik: 0001743907
- company_name: Sun Country Airlines Holdings, Inc.
- filed_at: 2023-02-02T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1743907/000174390723000003/0001743907-23-000003-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1743907/000174390723000003/sncy-20230202.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001743907-23-000003
- JSON: https://secwatch.observer/filing/0001743907-23-000003.json
- Plain text: https://secwatch.observer/filing/0001743907-23-000003.txt

## Key facts
- Earnings Releases
  Sun Country Airlines Holdings, Inc. reported the fiscal year ended December 31, 2022 results: revenue $894.4 million, net income $17.7 million, EPS $0.29.
  - Period: the fiscal year ended December 31, 2022
  - Revenue: $894.4 million
  - Net income: $17.7 million
  - EPS: $0.29
  - Result: reported results
  source text: “Our unique and diversified business model continued to produce strong results in the face of significant industry challenges, as we grew year-over-year revenue by 43.6% to $894.4 million, a record high for Sun Country. Despite constraints on our growth, the impact of Omicron in Q1 and a 71% increase in fuel prices versus 2021, we produced a GAAP pre-tax margin of
  evidence_url: https://www.sec.gov/Archives/edgar/data/1743907/000174390723000003/0001743907-23-000003-index.htm
- Earnings Releases
  Sun Country Airlines Holdings, Inc. reported the fiscal quarter ended December 31, 2022 results: revenue $227.2 million, net income $7.3 million, EPS $0.12.
  - Period: the fiscal quarter ended December 31, 2022
  - Revenue: $227.2 million
  - Net income: $7.3 million
  - EPS: $0.12
  - Result: reported results
  source text: per share (1) $ 0.42 $ 0.31 35.5 Page 1 For the quarter ended December 31, 2022, Sun Country reported Income Before Income Tax of $9.5 million and Net Income of $7.3 million, on $227.2 million of revenue. Adjusted Income Before Income Tax for the quarter was $10.3 million (1) . GAAP Operating Income during the quarter was $15 million, producing an Operating Margin of
  evidence_url: https://www.sec.gov/Archives/edgar/data/1743907/000174390723000003/0001743907-23-000003-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.