This paper clarifies what we benefit from single-input–multiple-output (SIMO) or multiple-input–multiple-output (MIMO) radar. We have developed an X-band sparse array imaging radar system capable of operating at both SIMO and MIMO modes. The hybrid radar modes are realized without any modification in hardware, but simply by switching the scheme of waveform generation and post-processing. A comparison has been made between the SIMO mode adopting a chirp pulse waveform and the MIMO mode based on the code-division multiple access method using the Gold-coded pulse waveform. Mutually complementary properties between the SIMO and MIMO modes in terms of the cost of computation, the ease of array calibration, and the detectability of targets are clarified through simulations and an experiment.