SunCar Technology Group

SDA

Börsenwert 30,8 Mio. $

Net Income of $3.4 Million Improving from a Net Loss of $5.5 Million Adjusted EBITDA increased to $9.4 Million, up 269% YoY Delivered 1H Revenue of $277 million, a 24% YoY increase EV Premiums increased 31% YoY to $916 million NEW YORK, Sept. 22, 2026 (GLOBE NEWSWIRE) -- SunCar Technology Group Inc. (the "Company" or "SunCar") (NASDAQ: SDA), an innovative leader in AI-powered auto insurance and auto services, today announced financial results for the six months ended June 30, 2026.

NEW YORK, July 30, 2026 (GLOBE NEWSWIRE) -- SunCar Technology Group Inc. (“SunCar” or the “Company”) (NASDAQ: SDA), a leader in delivering AI-powered B2B auto insurance and services in China, today announced that, on July 27, 2026, the Company received a notification letter (“Nasdaq Notification”) from the Nasdaq Listing Qualifications Department (“Nasdaq”) notifying the Company that its Class A ordinary shares, par value $0.0001 per share (the “Ordinary Shares”), is not in compliance with the minimum bid price requirement from June 10, 2026 through July 24, 2026. As set forth in the Nasdaq Listing Rules 5550(a)(2) (“Nasdaq Listing Rule”), it requires that the closing bid price for the Company's Ordinary Shares listed on the Nasdaq be maintained at a minimum of $1.00 per share and failure to meet it for 30 consecutive business days constitutes a compliance deficiency.

1H 2026 Revenue of $271 million to $273 million 1H 2026 Year Over Year Revenue Growth of 22% to 23% Q2 2026 Net Income Grew Quarter Over Quarter SunCar's Fourth Consecutive Profitable Quarter Full year 2026 Revenue Forecast Remains at $600 million NEW YORK, July 28, 2026 (GLOBE NEWSWIRE) -- SunCar Technology Group Inc. (the "Company" or "SunCar") (NASDAQ: SDA), a leader in digitalizing auto insurance and services in China, forecasts revenue of $271 million to $273 million for the first half of 2026, a 22% to 23% increase from the same period in 2025. For the second quarter of 2026, SunCar forecasts quarter-over-quarter net income growth.

NEW YORK, June 08, 2026 (GLOBE NEWSWIRE) -- SunCar Technology Group Inc. (the “Company” or “SunCar”) (NASDAQ: SDA), a leader in delivering AI-powered B2B auto insurance and services in China, has won the contract to manage auto insurance for Aistaland, a luxury EV brand co-developed by Huawei. SunCar is currently working with five other Huawei partner brands.

Generated Net Profit of $1.6 Million Delivered 28% YoY Revenue Growth to $131 Million EV Insurance Premiums Grew 43% YoY Third Consecutive Quarter of Profitability NEW YORK, May 27, 2026 (GLOBE NEWSWIRE) -- SunCar Technology Group Inc. (the "Company" or "SunCar") (NASDAQ: SDA), an innovative leader in AI-powered auto insurance and auto services, today announced financial results for the quarter ended March 31, 2026. "SunCar had an excellent quarter delivering its third consecutive quarter of profitability and 28% year over year revenue growth,” said Zaichang Ye, Chairman and CEO of SunCar.

Third Consecutive Quarter of Profitability Estimated Net Income of $1 million in the First Quarter of 2026 Estimated Q1 Revenue Increase of 25% Year-Over-Year to $128 million NEW YORK, May 18, 2026 (GLOBE NEWSWIRE) -- SunCar Technology Group Inc. (the "Company" or "SunCar") (NASDAQ: SDA), an innovative leader in AI-powered auto insurance and auto services, is releasing its preliminary unaudited revenue and net income estimates for the first quarter of 2026. For the first quarter of 2026, SunCar is forecasting preliminary unaudited net income of $1 million.

Profitable in the Third and Fourth Quarters of 2025 Delivered Record Annual Revenue of $489 million Q4 revenue increased 17% year-over-year to $151 million Increased Auto Partners' Premiums by over 190% Signed Strategic AI Partnership with ByteDance NEW YORK, April 28, 2026 (GLOBE NEWSWIRE) -- SunCar Technology Group Inc. (the "Company" or "SunCar") (NASDAQ: SDA), an innovative leader in AI-powered auto insurance and auto services, today announced financial results for the year ended December 31, 2025. "SunCar had a transformational year where our products and partnerships with China's leading EV companies became truly AI-centric.

NEW YORK, April 21, 2026 (GLOBE NEWSWIRE) -- SunCar Technology Group Inc. (the "Company" or "SunCar") (NASDAQ: SDA), a leader in digitalizing auto insurance and services in China, has won the contract to manage all concierge chauffeur services for the Agricultural Bank of China (“AgBank”). AgBank is generally considered the second-largest bank in the world in terms of total assets.

NEW YORK, March 06, 2026 (GLOBE NEWSWIRE) -- SunCar Technology Group Inc. (the "Company" or "SunCar") (NASDAQ: SDA), a leader in digitalizing auto insurance in China, is forecasting revenue of $498 million for 2025, a 13% increase from 2024.

NEW YORK, Dec. 18, 2025 (GLOBE NEWSWIRE) -- SunCar Technology Group Inc. (the "Company" or "SunCar") (NASDAQ: SDA), an innovative leader in AI cloud-based B2B auto eInsurance and auto services in China, today reported third quarter 2025 financial results for the quarter ended September 30, 2025.