SunCar Technology Group Reports First-Half Revenue of $222.3 Million and Net Loss of $5.5 Million

Reuters2025-10-28

SunCar Technology Group Reports First-Half Revenue of $222.3 Million and Net Loss of $5.5 Million

SunCar Technology Group Inc. reported total revenue of $222.3 million for the six months ended June 30, 2025, up from $203.1 million for the same period in 2024. Net loss for the first half of 2025 was $5.5 million, compared to a net loss of $60.1 million in the prior year period. Adjusted EBITDA was $2.5 million, down from $6 million in the first half of 2024. EV insurance premiums reached $697.6 million for the period, an increase from $330.2 million a year earlier. Technology Services revenue rose to $24.3 million from $21.9 million. Auto Services revenue was $100.1 million, compared to $107.5 million in the same period last year. Total operating costs and expenses decreased to $223.5 million from $261.7 million. Integrated Service Costs were $101.5 million, compared to $107.6 million in the prior year period.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. SunCar Technology Group Inc. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: GNW9562871-en) on October 27, 2025, and is solely responsible for the information contained therein.

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