SunCar Technology Group Inc. Announces Full Year 2025 Financial Results

SunCar Technology Group Inc. reported its financial results for the fiscal year ended December 31, 2025. The company achieved a record annual revenue of $489 million, an increase of 11% year-over-year. Profitable in the third and fourth quarters of 2025, the company reported a net loss of $2.4 million for the full year, a significant improvement from a net loss of $64.5 million in 2024, primarily due to a decrease in share-based compensation. Adjusted EBITDA for the full year was $11.0 million, up from $9.8 million in 2024. Key business highlights include strategic AI partnerships with ByteDance, expansion of services with EV manufacturers like Tesla, Xiaomi, and NIO, and a significant new contract with the Agricultural Bank of China. The company maintained its revenue forecast of $600 million for 2026.