SunCar Technology Group Inc.
- Market Cap (Float-Adj) (Float-adjusted market cap computed by the low-float screener — matches the screener row. May differ from the standard cap (price × all shares outstanding) reported elsewhere.)
- $22.7M
- Price
- $0.4063
- % Change (Daily % change from the live per-ticker quote feed.)
- -0.40%
- Volume
- 52.6K
About
SunCar Technology Group Inc. (SDA) is a Chinese enterprise that, through its subsidiaries, delivers integrated digital solutions for automotive after-sales support and online insurance brokerage. Its comprehensive operations are divided into three distinct segments: The Insurance Intermediation Business segment focuses on facilitating both traditional vehicle insurance renewals and specialized coverage for new energy vehicles (NEVs). Meanwhile, the Automotive After-Sales Business provides essential post-sales services to a diverse clientele, including banking institutions, insurance companies, and other corporate clients. Lastly, the Technology Business segment develops and offers auto insurance Software-as-a-Service (SaaS) products, alongside various other technical support services. Established in Shanghai, China, in 2007, SunCar Technology Group Inc. maintains its headquarters there.
Quick stats
Shares outstanding56.0M
Computed float35.3M
Float / shares63.0%
Key info
SectorConsumer Cyclical
IndustryAuto - Dealerships
CIK (Central Index Key — the unique ID the SEC assigns to every filer. Use it to look up the company's filings on EDGAR.)0001936804
Websitehttps://suncartech.com
AI Summary
AI-generated1/19
majorbullishearnings
SunCar Technology Reports First Half 2026 Financial Results
SunCar Technology reported 1H 2026 revenue of $276.5 million, up 24% year-over-year, and swung to net income of $3.4 million from a $5.5 million net loss a year earlier.
Adjusted EBITDA rose roughly 269% to $9.4 million, with EV insurance premiums up 31% to $915.9 million and all three revenue segments (auto eInsurance, technology services, auto services) growing double digits.
Management reaffirmed full-year 2026 revenue guidance of approximately $600 million and cited contract wins with AgBank, Huawei, Tesla, Xiaomi, and major Chinese insurers and banks.
Caveats: net loss attributable to ordinary shareholders was still slightly negative, cash fell to $16.8 million from $25 million at year-end 2025, and adjusted EBITDA margin remains thin at 3.4%.
Red flags
- cash declined to $16.8 million from $25.0 million at December 31, 2025
- net loss attributable to ordinary shareholders was still negative ($208 thousand) despite consolidated net income, driven by non-controlling interests
- adjusted EBITDA margin is only 3.4% on $276.5 million of revenue
- integrated service costs grew 39%, faster than revenue