SunCar Technology SDA
NASDAQ SDA
$0.71 +0.02 (+2.74%)
As of: Aug 31, 2026 · 3:46 PM EDT

SunCar Technology (SDA) Operating Expenses (2023 - 2026)

SunCar Technology (SDA) posted Operating Expenses of -$149.0 million for Q4 2025, down 32.03% sequentially from -$112.9 million in Q3 2025, and down 15.36% YoY from -$176.1 million in Q4 2024.

Analysis

SunCar Technology (SDA) Operating Expenses (2023 - 2026) Analysis & Trends

SunCar Technology has reported Operating Expenses for 3 years, with the latest figure at -$149.0 million in Q4 2025.

  • Quarterly Operating Expenses fell 15.36% year-over-year to -$149.0 million in Q4 2025, while the trailing twelve-month figure through Dec 2025 was -$485.4 million (up 2.97% YoY) and the FY2025 annual result came in at -$485.4 million, up 2.97% from the prior year.
  • Operating Expenses declined to -$149.0 million in Q4 2025 per SDA's latest filing, from -$112.9 million in the prior quarter.
  • Over five years, Operating Expenses peaked at -$90.1 million in Q1 2024 and troughed at -$171.6 million in Q2 2024.
  • A 3-year average of -$120.7 million and a median of -$115.4 million in 2025 frame the typical range for Operating Expenses.
  • The widest YoY moves for Operating Expenses: up 31.25% in 2025, down 17.11% in 2025.
  • Over 3 years, Operating Expenses stood at -$125.2 million in 2023, then slipped by 3.19% to -$129.2 million in 2024, then dropped by 15.36% to -$149.0 million in 2025.
  • According to Business Quant data, Operating Expenses over the past three periods registered -$149.0 million, -$112.9 million, and -$117.9 million for Q4 2025, Q3 2025, and Q2 2025 respectively.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Carvana 52.87 Bn 50.13 Bn 1.38 Bn 704.00 Mn
2 Penske Automotive 14.22 Bn 14.15 Bn 1.36 Bn 1.02 Bn
3 Rush Enterprises Inc \Tx\ 9.01 Bn 8.75 Bn 361.67 Mn 245.47 Mn
4 Carmax 8.69 Bn 8.10 Bn 854.41 Mn 635.18 Mn
5 Lithia Motors 8.26 Bn 7.90 Bn 1.50 Bn 1.01 Bn
6 Autonation 6.73 Bn 6.68 Bn 1.23 Bn 856.30 Mn
7 Uxin 5.72 Bn 5.71 Bn - 4.48 Mn
8 Valvoline 4.10 Bn 4.02 Bn 214.90 Mn 103.10 Mn
9 Openlane 4.07 Bn 3.88 Bn 248.20 Mn 487.10 Mn
10 SunCar Technology 72.40 Mn 22.68 Mn 128.53 Mn -128.16 Mn
Historic Data

Historic Data

Download Data
DateValue
Mar 31, 2026 -128.16 Mn
Dec 31, 2025 -149.03 Mn
Sep 30, 2025 -112.88 Mn
Jun 30, 2025 -117.95 Mn
Mar 31, 2025 -105.55 Mn
Dec 31, 2024 -129.19 Mn
Sep 30, 2024 -109.38 Mn
Jun 30, 2024 -171.57 Mn
Mar 31, 2024 -90.13 Mn
Dec 31, 2023 -125.19 Mn
Sep 30, 2023 -95.77 Mn