SunCar Technology (SDA) Research & Development (2023 - 2026)
SunCar Technology's (SDA) quarterly Research & Development came in at -$1.2 million in Q1 2026, down 26.22% year-over-year from -$1.6 million in Q1 2025, and up 78.91% quarter-over-quarter from -$5.5 million in Q4 2025.
Powered by 
Analysis
SunCar Technology (SDA) Research & Development (2023 - 2026) Analysis & Trends
SunCar Technology has disclosed Research & Development across 4 years of filings, most recently posting -$1.2 million for Q1 2026.
- In Q1 2026, Research & Development fell 26.22% year-over-year to -$1.2 million; the TTM figure through Mar 2026 stood at -$9.2 million (up 77.31% YoY), while the FY2025 annual figure was -$9.0 million, up 77.73% from the prior year.
- Research & Development came in at -$1.2 million for Q1 2026 at SunCar Technology, up from -$5.5 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.
- Average Research & Development over 4 years is -$5.5 million, with a median of -$1.4 million recorded in 2023.
- The largest YoY upside for Research & Development was 97.33% in 2025 against a maximum downside of 52.31% in 2025.
- Over 4 years, 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, then jumped by 78.91% to -$1.2 million in 2026.
- Per Business Quant data, the three most recent Research & Development figures were -$1.2 million in Q1 2026, -$5.5 million in Q4 2025, and -$1.7 million in Q3 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Marsh & Mclennan Companies | 83.52 Bn | 71.57 Bn | 6.04 Bn | - |
| 2 | Aon | 62.69 Bn | 61.45 Bn | - | 162.00 Mn |
| 3 | Arthur J. Gallagher | 61.32 Bn | 59.96 Bn | - | - |
| 4 | Willis Towers Watson | 28.79 Bn | 27.21 Bn | 2.09 Bn | - |
| 5 | Brown & Brown | 21.46 Bn | 20.56 Bn | 1.41 Bn | - |
| 6 | XChange TEC.INC | 12.72 Bn | 12.72 Bn | - | - |
| 7 | Erie Indemnity | 11.04 Bn | 10.70 Bn | - | - |
| 8 | Ryan Specialty Holdings | 10.28 Bn | 10.64 Bn | - | - |
| 9 | Hagerty | 4.78 Bn | 4.92 Bn | 244.11 Mn | - |
| 10 | SunCar Technology | 50.02 Mn | 74.66 Mn | 128.53 Mn | -1.17 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Mar 31, 2026 | -1.17 Mn |
| 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 |
API Access
SunCar Technology Research & Development API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=research-and-development&ticker=SDA&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "research-and-development", "ticker": "SDA", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=research-and-development&ticker=SDA&period=max&api_key=YOUR_API_KEY");
const data = await res.json();