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

SunCar Technology (SDA) Research & Development (2023 - 2026)

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.

Analysis

SunCar Technology (SDA) Research & Development (2023 - 2026) 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.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) R&D (Qtr)
1 Carvana 52.87 Bn 50.13 Bn 1.38 Bn -
2 Penske Automotive 14.22 Bn 14.15 Bn 1.36 Bn -
3 Rush Enterprises Inc \Tx\ 9.01 Bn 8.75 Bn 361.67 Mn -
4 Carmax 8.69 Bn 8.10 Bn 854.41 Mn -
5 Lithia Motors 8.26 Bn 7.90 Bn 1.50 Bn -
6 Autonation 6.73 Bn 6.68 Bn 1.23 Bn -
7 Uxin 5.72 Bn 5.71 Bn - 52,000.00
8 Valvoline 4.10 Bn 4.02 Bn 214.90 Mn -
9 Openlane 4.07 Bn 3.88 Bn 248.20 Mn -
10 SunCar Technology 72.40 Mn 22.68 Mn 128.53 Mn -1.17 Mn
Historic Data

Historic Data

Download Data
DateValue
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