Quick Answer
SunCar Technology Group Inc. reported R&D Expense of $40.24 million for fiscal year 2024.
SunCar Technology Group Inc. R&D Expense — Annual History
| Fiscal Year | R&D Expense | YoY Change |
|---|---|---|
| 2024 | $40.24M | +185.2% |
| 2023 | $14.11M | +66.4% |
| 2022 | $8.48M | +132.2% |
| 2021 | $3.65M | — |
- SunCar Technology Group Inc. showed an increase of +185.2% in R&D Expense compared to the prior fiscal year.
- Over the 2021–2024 period, SunCar Technology Group Inc.’s r&d expense has grown by 1002.3% (from $3.65 million to $40.24 million).
- The most recent figure is from SunCar Technology Group Inc.’s fiscal year 2024 report (Form 20-F), filed with the SEC on April 28, 2025.
- All figures are sourced from SEC EDGAR XBRL filings, last verified June 17, 2026.
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