SunCar Technology (SDA) Research & Development (2023 - 2025)
SunCar Technology (SDA) posted Research & Development of -$5.5 million for Q4 2025, down 230.58% sequentially from -$1.7 million in Q3 2025, and up 16.54% YoY from -$4.7 million in Q4 2024.
SunCar Technology (SDA) Research & Development (2023 - 2025) Analysis & Trends
SunCar Technology has reported Research & Development for 3 years, with the latest figure at -$5.5 million in Q4 2025.
- Quarterly Research & Development rose 16.54% year-over-year to -$5.5 million in Q4 2025, while the trailing twelve-month figure through Dec 2025 was -$9.0 million (up 77.73% YoY) and the FY2025 annual result came in at -$9.0 million, up 77.73% from the prior year.
- Research & Development eased to -$5.5 million in Q4 2025 per SDA's latest filing, from -$1.7 million in the prior quarter.
- Over five years, Research & Development peaked at -$606000.0 in Q1 2024 and troughed at -$31.6 million in Q2 2024.
- A 3-year average of -$5.9 million and a median of -$1.6 million in 2023 frame the typical range for Research & Development.
- The widest YoY moves for Research & Development: up 97.33% in 2025, down 52.31% in 2025.
- Over 3 years, Research & Development stood at -$8.6 million in 2023, then climbed by 23.45% to -$6.6 million in 2024, then increased by 16.54% to -$5.5 million in 2025.
- According to Business Quant data, Research & Development over the past three periods registered -$5.5 million, -$1.7 million, and -$843000.0 for Q4 2025, Q3 2025, and Q2 2025 respectively.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Uxin | 79.73 Bn | 79.73 Bn | - | 52.00 |
| 2 | Carvana | 51.41 Bn | 48.67 Bn | 1.38 Bn | - |
| 3 | Penske Automotive | 14.30 Bn | 14.24 Bn | 1.36 Bn | - |
| 4 | Lithia Motors | 8.60 Bn | 8.24 Bn | 1.50 Bn | - |
| 5 | Carmax | 8.34 Bn | 7.74 Bn | 854.41 Mn | - |
| 6 | Autonation | 7.02 Bn | 6.97 Bn | 1.23 Bn | - |
| 7 | Rush Enterprises Inc \Tx\ | 6.34 Bn | 6.08 Bn | 361.67 Mn | - |
| 8 | Autozi Internet Technology (Global) | 6.30 Bn | 6.11 Bn | - | - |
| 9 | Valvoline | 4.30 Bn | 4.22 Bn | 214.90 Mn | - |
| 10 | SunCar Technology | 81.68 Mn | 30.57 Mn | 148.17 Mn | -5.52 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | -5.52 Mn |
| Sep 30, 2025 | -1.67 Mn |
| Jun 30, 2025 | -843,000.00 |
| Mar 31, 2025 | -923,000.00 |
| Dec 31, 2024 | -6.62 Mn |
| Sep 30, 2024 | -1.42 Mn |
| Jun 30, 2024 | -31.60 Mn |
| Mar 31, 2024 | -606,000.00 |
| Dec 31, 2023 | -8.65 Mn |
| Sep 30, 2023 | -1.44 Mn |