---
schema_version: "secwatch.filing_event.v1"
accession: "0001743907-23-000011"
form_type: "8-K"
ticker: "SNCY"
cik: "0001743907"
company_name: "Sun Country Airlines Holdings, Inc."
filed_at: "2023-04-27T23:59:59+00:00"
generated_at: "2026-06-16T09:12:50.969975+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Sun Country Q1 record revenue $294M; adjusted EPS $0.68 vs $0.20 YoY

## Summary
- Revenue $294.1M (record), up 29.8% YoY; net income $38.3M vs $3.6M YoY.
- GAAP diluted EPS $0.64; adjusted diluted EPS $0.68 vs $0.20 YoY.
- Operating margin 19.0% GAAP, 19.9% adjusted; scheduled service TRASM up 34.7%.
- Acquired five 737-900ER aircraft on lease to Oman Air; deliveries late 2024-2025.
- Q2 guidance: revenue $255-265M (16-21% growth), operating margin 11%-16%.

## SEC filing metadata
- accession: 0001743907-23-000011
- form_type: 8-K
- ticker: SNCY
- cik: 0001743907
- company_name: Sun Country Airlines Holdings, Inc.
- filed_at: 2023-04-27T23:59:59+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/1743907/000174390723000011/0001743907-23-000011-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1743907/000174390723000011/sncy-20230427.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001743907-23-000011
- JSON: https://secwatch.observer/filing/0001743907-23-000011.json
- Plain text: https://secwatch.observer/filing/0001743907-23-000011.txt

## Key facts
- Earnings Releases
  Sun Country Airlines Holdings, Inc. reported first quarter ended March 31, 2023 results: revenue $294.1 million, net income $38.3 million, EPS $0.64.
  - Period: first quarter ended March 31, 2023
  - Revenue: $294.1 million
  - Net income: $38.3 million
  - EPS: $0.64
  - Result: reported results
  source text: such filings, unless expressly incorporated by specific reference in such filing. --- EX-99.1 (EX-99.1) --- Sun Country Airlines Reports First Quarter 2023 Results Revenue of $294 million, Sun Country’s highest on record (1) GAAP diluted EPS of $0.64 and operating income of $56 million, Sun Country’s highest on record (1) Adj. diluted EPS of $0.68 (2) and adjusted
  evidence_url: https://www.sec.gov/Archives/edgar/data/1743907/000174390723000011/0001743907-23-000011-index.htm

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