AVIS BUDGET GROUP, INC.
For the period ended Nov 3, 2026. Filed Nov 3, 2026.
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Nov 3, 2026 · Filed Nov 3, 2026
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CAR$118.83-1.3%Stored close · as of Nov 6, 2026
Contents
EX-99.1 · (In millions, except per share data)
(In millions, except per share data)
| Three Months Ended September 30, | Nine Months Ended September 30, | |||
|---|---|---|---|---|
| 2026 | 2025 | 2026 | 2025 | |
| Revenues | $3,436 | $3,519 | $8,964 | $8,988 |
| Expenses | ||||
| Operating | 1,621 | 1,513 | 4,569 | 4,392 |
| Vehicle depreciation and lease charges, net | 668 | 678 | 1,915 | 2,369 |
| Selling, general and administrative | 398 | 422 | 1,124 | 1,126 |
| Vehicle interest, net | 247 | 248 | 708 | 687 |
| Non-vehicle related depreciation and amortization | 69 | 58 | 187 | 174 |
| Interest expense related to corporate debt, net: | ||||
| Interest expense | 108 | 109 | 325 | 316 |
| Early extinguishment of debt | — | 3 | 3 | 6 |
| Restructuring and other related charges | 5 | 13 | 58 | 94 |
| Transaction-related costs, net | 2 | — | 17 | — |
| Other (income) expense, net | 9 | 2 | 16 | 13 |
| Total expenses | 3,127 | 3,046 | 8,922 | 9,177 |
| Income (loss) before income taxes | 309 | 473 | 42 | (189) |
| Provision for (benefit from) income taxes | 110 | 113 | 14 | (50) |
| Net income (loss) | 199 | 360 | 28 | (139) |
| Less: Net income attributable to non-controlling interests | 16 | 1 | 93 | 3 |
| Net income (loss) attributable to Avis Budget Group, Inc. | $183 | $359 | $(65) | $(142) |
| Earnings (loss) per share | ||||
| Basic | $5.19 | $10.22 | $(1.83) | $(4.02) |
| Diluted | $5.15 | $10.11 | $(1.83) | $(4.02) |
| Weighted average shares outstanding | ||||
| Basic | 35.3 | 35.2 | 35.3 | 35.2 |
| Diluted | 35.6 | 35.5 | 35.3 | 35.2 |
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