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
DateValue
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