SunCar Technology (SDA) Research & Development (2023 - 2025)
SunCar Technology's (SDA) quarterly Research & Development came in at -$5.5 million in Q4 2025, up 16.54% year-on-year from -$4.7 million in Q4 2024, and down 230.58% quarter-over-quarter from -$1.7 million in Q3 2025.
SunCar Technology (SDA) Research & Development (2023 - 2025) Analysis & Trends
SunCar Technology has disclosed Research & Development across 3 years of filings, most recently posting -$5.5 million for Q4 2025.
- Research & Development for Q4 2025 came in at -$5.5 million, up 16.54% year-over-year; the trailing twelve-month figure through Dec 2025 was -$9.0 million (up 77.73% YoY), and the FY2025 annual result was -$9.0 million, up 77.73% from the prior year.
- Research & Development came in at -$5.5 million for Q4 2025 at SunCar Technology, down from -$1.7 million in the prior quarter.
- In the past five years, Research & Development ranged from a high of -$606000.0 in Q1 2024 to a low of -$31.6 million in Q2 2024.
- The 3-year median for Research & Development is -$1.6 million (2023), against an average of -$5.9 million.
- Peak annual rise in Research & Development reached 97.33% in 2025, while the deepest fall reached 52.31% in 2025.
- SunCar Technology's Research & Development stood at -$8.6 million in 2023, then gained by 23.45% to -$6.6 million in 2024, then climbed by 16.54% to -$5.5 million in 2025.
- The last three Research & Development figures came in at -$5.5 million (Q4 2025), -$1.7 million (Q3 2025), and -$843000.0 (Q2 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Uxin | 18.05 Bn | 18.09 Bn | 11.57 Mn | -477,000.00 |
| 2 | Carvana | 9.49 Bn | 7.89 Bn | 1.27 Bn | - |
| 3 | Carmax | 6.94 Bn | 6.35 Bn | 605.26 Mn | - |
| 4 | Lithia Motors | 6.76 Bn | 6.78 Bn | 1.42 Bn | - |
| 5 | Autonation | 6.51 Bn | 6.45 Bn | 1.21 Bn | - |
| 6 | Rush Enterprises Inc \Tx\ | 5.19 Bn | 4.97 Bn | 343.80 Mn | - |
| 7 | Valvoline | 4.57 Bn | 4.48 Bn | 187.00 Mn | - |
| 8 | Openlane | 3.88 Bn | 3.84 Bn | 256.20 Mn | - |
| 9 | Group 1 Automotive | 3.69 Bn | 3.65 Bn | 877.90 Mn | - |
| 10 | SunCar Technology | 117.39 Mn | 146.47 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 |