AVIS BUDGET GROUP, INC.

For the period ended Jun 30, 2025. Filed Jul 30, 2025.

About this filing

A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.

Jun 30, 2025 · Filed Jul 30, 2025

CAR$118.83-1.3%Stored close · as of Nov 6, 2026

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Contents

Financial Statement

Item 1. Financial Statements

CONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME

(In millions, except per share data)

	Three Months Ended June 30,		Six Months Ended June 30,
	2025	2024	2025	2024
Revenues	$3,039	$3,048	$5,469	$5,599
Expenses
Operating	1,526	1,532	2,879	2,876
Vehicle depreciation and lease charges, net	636	733	1,691	1,369
Selling, general and administrative	396	348	704	673
Vehicle interest, net	229	244	439	483
Non-vehicle related depreciation and amortization	60	58	116	119
Interest expense related to corporate debt, net:
Interest expense	110	88	207	171
Early extinguishment of debt	3	1	3	1
Restructuring and other related charges	59	14	81	17
Transaction-related costs, net	—	1	—	2
Other (income) expense, net	5	2	11	3
Total expenses	3,024	3,021	6,131	5,714
Income (loss) before income taxes	15	27	(662)	(115)
Provision for (benefit from) income taxes	10	12	(163)	(17)
Net income (loss)	5	15	(499)	(98)
Less: Net income attributable to non-controlling interests	1	1	2	2
Net income (loss) attributable to Avis Budget Group, Inc.	$4	$14	$(501)	$(100)
Comprehensive income (loss) attributable to Avis Budget Group, Inc.	$71	$19	$(426)	$(139)
Earnings (loss) per share
Basic	$0.10	$0.41	$(14.24)	$(2.80)
Diluted	$0.10	$0.41	$(14.24)	$(2.80)

ContentsView on SEC.gov

The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.