Welcome to our dedicated page for SunCar Technology Group SEC filings (Ticker: SDA), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
The SunCar Technology Group Inc. (NASDAQ: SDA) SEC filings page provides access to the company’s regulatory disclosures as a foreign private issuer. SunCar files annual reports on Form 20-F and interim reports on Form 6-K, which include condensed consolidated financial statements, segment details, and updates on its auto eInsurance, technology services, and auto services businesses in China.
In these filings, SunCar presents revenues by segment, operating costs and expenses, and information on net income or net loss. The financial statements also show assets, liabilities, shareholders’ equity, and cash flows, including short-term loans, related-party balances, and non-controlling interests. Notes to the financial statements provide additional context on items such as integrated service costs, promotional service expenses, research and development spending, and share-based compensation.
Investors can review SunCar’s definitions and reconciliations of non-GAAP metrics such as Adjusted EBITDA and related margins, which the company uses to evaluate operational performance alongside GAAP results. Form 6-K submissions may also furnish press releases that discuss business highlights, EV insurance premium trends, AI initiatives, and strategic partnerships.
Stock Titan enhances these filings with AI-powered summaries that explain key sections of SunCar’s 20-F and 6-K reports in plain language. Users can quickly identify segment performance drivers, changes in operating expenses, and capital structure details without reading every line of the original documents. The filings page also links to information related to equity transactions and other reportable events, helping readers understand how SunCar’s "Cloud + AI" auto insurance and services model is reflected in its official SEC disclosures.
SunCar Technology Group Inc. (SDA) presents itself as an AI-driven B2B platform for auto insurance and services in China, showing both scale and improving profitability. For the twelve months ending September 30, 2025, it enabled about 7.2 million auto insurance contracts and 23.2 million auto service transactions.
Total revenue grew from $282 million in 2022 to $467 million as of September 30, 2025, with management citing roughly 20% compound annual growth. Auto eInsurance and technology services are the main growth engines, while auto services remain a large, recurring base.
Profitability is improving: net income reached $1.4 million in Q3 2025, a $2.8 million swing from a $1.4 million loss in the same quarter of 2024, and adjusted EBITDA was $9.0 million for the period ended September 30, 2025. The company highlights strong EV exposure, with EV-related premiums up 111% to about $698 million and rapid premium growth for partners such as Tesla and XPeng.
SunCar Technology Group Inc. (SDA) filed a Form 6-K with unaudited H1 2025 results. Revenue rose to $222.3 million from $203.1 million, driven by stronger auto eInsurance and technology services, offset by softer auto services. Operating loss narrowed sharply to $1.2 million, and net loss improved to $5.5 million from $60.1 million. Loss attributable to shareholders was $7.4 million; basic and diluted loss per share was $0.07.
Auto eInsurance revenue reached $97.8 million (up from $73.7 million) and technology services $24.3 million (up from $21.9 million), while auto services declined to $100.1 million (from $107.5 million). Accounts receivable, net, increased to $97.6 million with a higher credit loss provision of $6.3 million. Cash used in operations was $9.3 million; cash and restricted cash ended at $27.0 million.
The company issued 7,142,858 Class A shares for net proceeds of $41.6 million and repurchased 3,438,557 Class A shares in the open market. Total assets were $277.5 million and total shareholders’ equity was $86.1 million as of June 30, 2025.