SunCar turns profitable in 1H26; revenue up 24% YoY
SunCar reported 1H26 net income of $3.4M versus a $5.5M loss a year ago, on revenue of $277M (+24% YoY). Adjusted EBITDA rose to $9.4M (+269% YoY). The company reiterated FY26 revenue guidance of ~ $600M.
5M loss a year earlier, as revenue increased 24% YoY to $277M. 4M, up 269% YoY. The company continues to forecast FY26 revenue of approximately $600M.