NASDAQ$SNCY

Sun Country Airlines Holdings Inc · Q1 2026 earnings

Q1 2026 earnings · · After market close · Investor relations

Briefing

Sun Country reported Q1 2026 revenue of $338.4M and net income of $24.1M, with diluted EPS of $0.43.

Sun Country Airlines revenue was $338.4 million (+4% YoY) with operating income of $36.9 million versus $56.2 million a year ago. Net income was $24.1 million, or $0.43 per diluted share, compared with $36.5 million and $0.66. Passenger revenue was $285.3 million; cargo and charter mix supported diversification.

  • Revenue $338.4M (+4% YoY).
  • Operating income $36.9M; adjusted operating income margin 14.3%.
  • Net income $24.1M; diluted EPS $0.43.
  • Passenger revenue $285.3M.
  • Fleet and charter/cargo strategy in MD&A.

Headline financials

Total Revenue

$338M

Previous: $327M+3.6%
EPS (adj)

$0.43

Previous: $0.66-34.8%
Capital Expenditures

-$40.5M

Previous: -$15.4M-162.9%
Net Income

$24.1M

Previous: $36.5M-34.0%
Operating Income

$36.9M

Previous: $56.2M-34.4%

Revenue & EPS history

Sun Country Airlines · Revenue · Quarterly

$338M

Q1 2026+3.6%vs Q1 2025
Beat estimate in 7 of 16 quarters(44%)
ActualEstimate

Revenue by segment

Sun Country Airlines · $249M total across 5 segments · Q3 2023

  • Scheduled Service
    $96.5M-5.6%
  • Ancillary
    $70.4M+40.1%
  • Charter Service
    $47.4M+10.6%
  • Cargo
    $26.1M+10.0%
  • Other
    $8.46M+219.0%

Forward guidance

Airline MD&A discusses capacity, CASM, and charter demand without numeric EPS guidance.

Tailwinds

  • Profitable quarter with diversified revenue streams.
  • Cargo and charter provide counter-cyclical buffer.

Headwinds

  • Operating margin compressed vs. prior year.
  • Fuel and labor cost inflation.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 19 quarterly earnings reports · overlaid with Q1 2026

Historical avgQ1 2026

-0.5%

Avg return

Earnings day

-0.2%

Avg return

5 days after

-1.7%

Avg return

30 days after

65%

17 / 26 earnings

Positive

+13.3%

Q3 2022

Best reaction

-22.0%

Q2 2023

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026+1.4%+6.8%
Q4 2025+12.6%+7.6%-16.3%
Q3 2025+6.5%+12.4%+29.1%
Q2 2025-11.0%-8.9%+14.3%
Q1 2025+0.3%+14.7%+18.2%
Q4 2024-0.9%+8.3%-8.0%
Q3 2024+11.7%+14.6%+14.4%
Q2 2024-15.8%-18.0%-16.2%
Q1 2024-19.3%-18.1%-25.3%
Q4 2023+6.3%+1.0%+8.8%
Q3 2023-3.6%-2.9%+32.3%
Q2 2023-22.0%-24.8%-29.1%
Q1 2023+8.1%-2.6%+0.7%
Q4 2022+12.5%+13.1%+8.3%
Q3 2022+13.3%+16.3%+24.1%
Q2 2022-10.9%-4.9%+0.4%
Q1 2022-11.5%-15.8%-26.2%
Q4 2021+4.2%+8.6%-7.9%
Q3 2020+1.0%+8.2%-15.6%
Q3 2021+1.0%+8.2%-15.6%
Q2 2020+0.4%-4.8%-4.3%
Q2 2021+0.4%-4.8%-4.3%
Q1 2020+1.9%-5.9%-6.5%
Q4 2020+1.9%-5.9%-6.5%
Q4 2019+1.9%-5.9%-6.5%
Q1 2021-4.5%-2.0%-3.5%
Q1 2019
Q1 2018

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