SunCar Technology Group Inc. (SDA) Income Statement
SDA 2025 at a glance
Fiscal year ended December 31, 2025 · U.S. dollarsSDA revenue and net income
Where SDA's revenue goes
2025Each bar shows an amount and its share of revenue. SDA kept −0.8% of revenue as net income.
SDA profit margins
SDA growth rates
to 2025| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Revenue | +10.7% | +20.1% | +15.4% | — |
| Gross profit | −1.4% | +0.4% | +13.0% | — |
| Operating income | — | — | −13.1% | — |
| Net income | — | — | — | — |
| EPS (diluted) | — | — | — | — |
1-year change and average annual growth (CAGR) over 3, 5 and 10 fiscal years. "—" when a starting value was zero or negative.
SDA quarterly EPS vs estimates
SunCar Technology beat the analyst EPS estimate in 2 of the last 4 quarters. Next report: October 26, 2026.
SDA income statement
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|---|
| Revenue | $489.3M | $441.9M | $363.7M | $282.4M | $249.2M | $238.9M | $0 |
| Cost of revenue | $438.6M | $390.4M | $322.1M | $232.3M | $212.1M | $211.4M | — |
| Gross profit | $50.7M | $51.5M | $41.7M | $50.1M | $37.2M | $27.5M | — |
| Research & development | $9.0M | $40.2M | $14.1M | $8.5M | $3.7M | $5.0M | — |
| Sales, general & admin | $37.9M | $69.6M | $43.0M | $54.2M | $23.2M | $14.6M | — |
| Total operating expenses | $46.9M | $109.8M | $57.2M | $62.7M | $26.8M | $19.6M | — |
| Operating income | $3.9M | −$58.4M | −$15.5M | −$12.6M | $10.4M | $7.8M | — |
| Interest income | — | — | — | — | $20,071 | $3,200 | — |
| Interest expense | $4.2M | $4.5M | $4.4M | $3.7M | $3.0M | $2.1M | — |
| Income before taxes | −$2.1M | −$61.6M | −$15.0M | −$10.7M | $10.5M | $8.4M | −$34,625 |
| Income taxes | $346,000 | $2.9M | $2.6M | $231,000 | $938,000 | $1.8M | — |
| Net income | −$3.9M | −$68.7M | −$26.9M | −$6.7M | −$23.7M | −$13.0M | −$34,625 |
| EBITDA | $9.1M | −$51.8M | −$5.7M | −$1.8M | $14.4M | $9.4M | $171,860 |
| EPS (diluted) | −$0.05 | −$0.73 | −$0.30 | $0.18 | −$0.14 | −$0.02 | — |
| Gross margin | 10.4% | 11.6% | 11.5% | 17.7% | 14.9% | 11.5% | — |
| Operating margin | 0.8% | −13.2% | −4.3% | −4.5% | 4.2% | 3.3% | — |
| Net margin | −0.8% | −15.5% | −7.4% | −2.4% | −9.5% | −5.4% | — |
| Jun '26 | Mar '26 | Dec '25 | Sep '25 | Mar '25 | Dec '24 | Sep '24 | Jun '24 | Mar '24 | Dec '23 | Sep '23 | Jun '23 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $145.3M | $131.2M | $151.2M | $115.8M | $102.6M | $109.6M | $109.6M | $101.5M | $85.6M | $102.2M | $91.1M | $79.7M |
| Cost of revenue | $76.1M | $65.2M | $284.3M | $52.8M | $48.4M | $51.2M | $51.2M | $63.1M | $44.5M | $92.3M | $82.3M | $68.7M |
| Gross profit | $69.3M | $65.9M | −$133.1M | $63.0M | $54.2M | $58.4M | $58.4M | $54.4M | $41.1M | $9.9M | $8.8M | $11.0M |
| Research & development | $1.4M | $1.2M | $5.5M | $1.7M | $923,000 | $1.4M | $1.4M | $31.6M | $606,000 | $5.0M | $1.4M | $2.0M |
| Sales, general & admin | $64.6M | $61.8M | $140.8M | $58.4M | $56.2M | $56.7M | $56.7M | $76.8M | $45.0M | $9.2M | $9.1M | $8.4M |
| Total operating expenses | $66.0M | $62.9M | $149.0M | $60.1M | $57.1M | $58.2M | $109.4M | $108.4M | $45.6M | $17.2M | $17.2M | $10.4M |
| Operating income | $3.3M | $3.0M | $2.2M | $2.9M | −$3.0M | $245,000 | $245,000 | −$54.1M | −$4.5M | −$8.3M | −$4.7M | $564,000 |
| Interest expense | $1.0M | $1.1M | $1.1M | $1.1M | $1.0M | $1.2M | $1.2M | $1.1M | $1.2M | $785,000 | $1.7M | $796,000 |
| Income before taxes | $2.3M | $2.0M | $1.2M | $2.0M | −$3.7M | −$769,000 | −$769,000 | −$54.7M | −$5.2M | −$8.5M | −$5.7M | $993,000 |
| Income taxes | $495,000 | $448,000 | — | $549,000 | −$84,000 | $664,000 | — | $466,000 | −$199,000 | $861,000 | $135,000 | $425,000 |
| Net income | −$936,000 | $728,000 | $3.5M | −$91,000 | −$3.4M | −$2.2M | −$2.2M | −$31.3M | −$3.3M | −$11.8M | −$6.0M | −$1.7M |
| EBITDA | $5.1M | $4.9M | $4.0M | $4.9M | −$1.2M | $2.1M | — | −$52.6M | −$2.7M | −$7.7M | −$7.7M | $2.0M |
| EPS (diluted) | −$0.01 | $0.01 | $0.03 | −$0.02 | −$0.04 | −$0.02 | −$0.02 | −$0.63 | −$0.04 | — | — | — |
| Gross margin | 47.7% | 50.3% | −88.0% | 54.4% | 52.8% | 53.3% | 53.3% | 53.5% | 48.0% | 9.7% | 9.6% | 13.8% |
| Operating margin | 2.3% | 2.3% | 1.4% | 2.5% | −2.9% | 0.2% | 0.2% | −53.2% | −5.3% | −8.1% | −5.1% | 0.7% |
| Net margin | −0.6% | 0.6% | 2.3% | −0.1% | −3.3% | −2.0% | −2.0% | −30.8% | −3.8% | −11.5% | −6.6% | −2.1% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported in SDA's financial statements (latest annual report filed April 28, 2026); data from EODHD. Sales, general & administrative expenses include sales and marketing.
SDA financial results
In fiscal year 2025 (ended December 31, 2025), SunCar Technology reported revenue of $489.3 million, up 10.7% from the year before. It had a net loss of $3.9 million, a net profit margin of −0.8%. Diluted earnings per share came to −$0.05. Over five years revenue grew at an average rate of 15.4% a year.
See the SDA stock overview for the latest quote and news, or the SDA chart for price history and technical indicators.
SDA income statement FAQ
What is SunCar Technology's annual revenue?
SunCar Technology reported total revenue of $489.3 million for fiscal year 2025, which ended on December 31, 2025. That was up 10.7% from $441.9 million the previous year.
Is SunCar Technology profitable?
No. SunCar Technology reported a net loss of $3.9 million in fiscal 2025, a net profit margin of −0.8%; its operating margin was 0.8%.
What is SunCar Technology's gross margin?
SunCar Technology's gross margin was 10.4% in fiscal 2025: for every $100 of revenue, SunCar Technology kept $10 after the direct cost of its products and services.
How much does SunCar Technology spend on research and development?
SunCar Technology spent $9.0 million on research and development in fiscal 2025, 1.8% of revenue.
How fast is SunCar Technology growing?
Revenue grew 15.4% a year on average over the last five fiscal years, from $238.9 million to $489.3 million.
What are SunCar Technology's earnings per share?
SunCar Technology earned $-0.05 per diluted share in fiscal 2025, compared with $-0.73 a year earlier.
When will SunCar Technology report its next earnings?
SunCar Technology is expected to report results for the quarter ending September 30, 2026 on October 26, 2026.
When does SunCar Technology's fiscal year end?
SunCar Technology's fiscal year ends in December. The latest annual report covers the year ended December 31, 2025 and was filed on April 28, 2026.