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News 2026-09-22 20:32 UTC

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.