SunCar Technology Group Inc. $SDA reported second-quarter 2026 revenue of $145.3 million, up 21.4% from a year earlier, as the company continued to expand its top line. Gross profit rose to $69.3 million, while operating profit improved sharply to $3.3 million.
Bottom-line results remained under pressure, with net income attributable to common shareholders at -$936,000 and diluted earnings per share of -$0.01. Even so, operating cash flow strengthened significantly to $8.7 million, highlighting improved cash generation during the quarter.
On the expense side, cost of sales climbed to $76.1 million, and the company ended the period with $16.8 million in cash and cash equivalents. Total liabilities stood at $170.3 million.
- Revenue: $145.3 million, up 21.4% year over year
- Gross profit: $69.3 million
- Operating profit: $3.3 million, up 86.2% year over year
- Operating cash flow: $8.7 million
- Stock move after the close: down 1.05%
Note: This financials data is sourced from a third-party provider and has not been independently verified by Quiver.
SunCar Technology Group Inc. Hedge Fund Activity
We have seen 4 institutional investors add shares of SunCar Technology Group Inc. stock to their portfolio, and 12 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- JANE STREET GROUP, LLC added 63,448 shares (+inf%) to their portfolio in Q2 2026, for an estimated $51,215
- HRT FINANCIAL LP removed 50,155 shares (-100.0%) from their portfolio in Q2 2026, for an estimated $40,485
- INVESCO LTD. removed 41,172 shares (-100.0%) from their portfolio in Q1 2026, for an estimated $69,992
- MILLENNIUM MANAGEMENT LLC removed 38,833 shares (-100.0%) from their portfolio in Q1 2026, for an estimated $66,016
- GEODE CAPITAL MANAGEMENT, LLC removed 34,865 shares (-100.0%) from their portfolio in Q2 2026, for an estimated $28,143
- QUADRATURE CAPITAL LTD removed 28,411 shares (-100.0%) from their portfolio in Q2 2026, for an estimated $22,933
- XTX TOPCO LTD added 25,882 shares (+inf%) to their portfolio in Q2 2026, for an estimated $20,891
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard. You can access data on hedge funds moves and 13F filings through the Quiver Quantitative API 13F endpoint.
SunCar Technology Group Inc. Analyst Ratings
Wall Street analysts have issued reports on $SDA in the last several months. We have seen 1 firms issue buy ratings on the stock, and 0 firms issue sell ratings.
Here are some recent analyst ratings:
- BTIG issued a "Buy" rating on 05/01/2026
To track analyst ratings and price targets for SunCar Technology Group Inc., check out Quiver Quantitative's $SDA forecast page.
