SunCar Technology reported revenue of $131.17M and net income of $33.17M for the quarter ended Mar 2026, up 27.9% year over year. This income statement covers 15 quarters of results from Dec 2021 through Mar 2026, standardized by Business Quant from the company’s SEC filings.
| Income Statement | Dec2021 | Dec2022 | Mar2023 | Jun2023 | Sep2023 | Dec2023 | Mar2024 | Jun2024 | Sep2024 | Dec2024 | Mar2025 | Jun2025 | Sep2025 | Dec2025 | Mar2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue & cost | |||||||||||||||
| Revenue | 91.08M | 113.28M | 85.59M | 117.50M | 109.62M | 129.19M | 102.59M | 119.71M | 115.78M | 151.21M | 131.17M | ||||
| Cost of RevenueCost of Rev | 2.93M | 4.86M | 4.98M | 5.22M | 10.48M | 1.90M | 6.06M | 4.95M | 4.86M | 3.03M | 2.63M | ||||
| Gross Profit | 88.16M | 108.43M | 80.60M | 112.28M | 99.14M | 127.28M | 96.53M | 114.77M | 110.92M | 148.17M | 128.53M | ||||
| Operating items | |||||||||||||||
| Research & DevelopmentR&D | -1.44M | -8.65M | -0.61M | -31.60M | -1.42M | -6.62M | -0.92M | -0.84M | -1.67M | -5.52M | -1.17M | ||||
| Selling, General & AdministrativeSG&A | -9.06M | -9.38M | -4.63M | -35.90M | -3.54M | -2.92M | -5.42M | -9.77M | -2.49M | -1.31M | -1.27M | ||||
| Other Operating ExpensesOther Opex | -85.26M | -107.17M | -84.89M | -104.06M | 0.04M | -119.65M | -99.21M | -107.34M | 0.01M | -142.19M | -125.72M | ||||
| Operating ExpensesOpex | -95.77M | -125.19M | -90.13M | -171.56M | -109.38M | -129.19M | -105.55M | -117.95M | -112.88M | -149.03M | -128.16M | ||||
| Operating IncomeOp. Inc | -4.68M | -11.91M | -4.54M | -54.07M | 0.24M | 0.00M | -2.96M | 1.76M | 2.90M | 2.18M | 3.01M | ||||
| EBIT | -4.68M | -11.91M | -4.54M | -54.07M | 0.24M | 0.00M | -2.96M | 1.76M | 2.90M | 2.18M | 3.01M | ||||
| Non-operating items | |||||||||||||||
| Non Operating Interest Expenses | -1.74M | -0.79M | -1.17M | -1.13M | -1.16M | -1.07M | -1.03M | -1.05M | -1.07M | -1.15M | |||||
| Interest & Investment IncomeInt & Inv Inc | 0.10M | 0.10M | 0.19M | 0.11M | 0.37M | 0.12M | 0.11M | -0.21M | 0.10M | ||||||
| Other Non Operating IncomeOther Non Op Inc. | 0.64M | -3.72M | 0.34M | 0.40M | 14.47M | -15.49M | 0.13M | 0.36M | 0.04M | ||||||
| Non Operating IncomeNon Op. Inc. | -0.99M | 0.59M | -0.64M | -0.62M | -1.01M | -0.96M | -0.77M | -3.28M | -0.94M | -0.94M | -1.00M | ||||
| Net income details | |||||||||||||||
| EBT | -5.67M | -11.32M | -5.19M | -54.69M | -0.77M | -0.96M | -3.73M | -1.51M | 1.96M | 1.23M | 2.01M | ||||
| Tax ProvisionsTaxes | -0.14M | -1.59M | 0.20M | -0.47M | -0.66M | -1.92M | 0.08M | -0.38M | -0.55M | 0.49M | -0.45M | ||||
| Profit After TaxPAT | -12.39M | 35.65M | -3.21M | 15.62M | 17.73M | -4.07M | -4.94M | 29.35M | 29.13M | 3.77M | 33.17M | ||||
| Income from Non-Controlling InterestsInc. Minority | 0.05M | 5.97M | -2.62M | 3.79M | 2.74M | -1.15M | 0.09M | 2.92M | 1.88M | -0.81M | 1.88M | ||||
| Income from Continuing OperationsIncome (Continuing) | -5.54M | -9.73M | -5.38M | -54.22M | -0.10M | 0.96M | -3.81M | -1.14M | 2.51M | 0.74M | 2.46M | ||||
| Income from Discontinued OperationsIncome (Discontinued) | -3.27M | -59.32M | -2.16M | -3.40M | -3.99M | -0.09M | |||||||||
| Consolidated Net IncomeConsol Net Inc. | -5.54M | -9.73M | -8.65M | -113.54M | -2.27M | 0.96M | -7.22M | -5.13M | 2.42M | 0.74M | 2.46M | ||||
| Income towards Parent CompanyParent Net Inc | -5.54M | -9.73M | -8.65M | -113.54M | -2.27M | 0.96M | -7.22M | -5.13M | 2.42M | 0.74M | 2.46M | ||||
| Net Income towards Common StockholdersNet Income | 12.77M | -36.30M | 3.27M | 59.32M | 2.16M | -133.41M | 30.00 | 7.39M | 0.09M | -11.43M | 10.00 | ||||
| Additional items | |||||||||||||||
| EPS (Basic) | 0.16 | -0.42 | 0.04 | 0.69 | 0.03 | -1.39 | 0.00 | 0.08 | 0.00 | -0.11 | 0.00 | ||||
| EPS (Diluted) | 0.16 | -0.42 | 0.04 | 0.69 | 0.03 | -1.39 | 0.00 | 0.08 | 0.00 | -0.11 | 0.00 | ||||
| Shares Outstanding | 81.60M | 81.60M | 81.60M | 81.60M | 81.60M | 85.44M | 85.44M | 85.44M | 85.44M | 96.00M | 96.00M | 96.00M | 96.00M | 102.08M | 102.08M |
| Shares Outstanding (Diluted)Shares Outstanding (Dil.) | 81.60M | 81.60M | 81.60M | 81.60M | 81.60M | 85.44M | 85.44M | 85.44M | 85.44M | 96.00M | 96.00M | 96.00M | 96.00M | 102.08M | 102.08M |
| Shares Outstanding (Entity)Shares Outstanding (Entity.) | 81.60M | 81.60M | 85.44M | 96.00M | 102.08M | ||||||||||
| EBITDA | -4.68M | -11.91M | -4.54M | -54.07M | 0.24M | 0.00M | -2.96M | 1.76M | 2.90M | 2.18M | 3.01M | ||||
| Interest ExpensesInt Expense | -1.74M | -0.79M | -1.17M | -1.13M | -1.16M | -1.07M | -1.03M | -1.05M | -1.07M | -1.15M | |||||
| Tax Rate | 2.38% | 14.02% | -3.84% | 0.85% | 86.35% | 200.63% | -2.25% | 24.79% | -28.04% | 40.06% | -22.31% |