HERTZ CORP
For the period ended Dec 31, 2025. Filed Feb 26, 2026.
View on SEC.govAbout this filing
A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.
FY2025 · Filed Feb 26, 2026
HTZ$1.63-0.6%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Table of Contents
| Table of Contents | Page | ||
|---|---|---|---|
| GLOSSARY OF TERMS | i | ||
| EXPLANATORY NOTE | iv | ||
| CAUTIONARY NOTE REGARDING FORWARD-LOOKING STATEMENTS AND SUMMARY OF RISK FACTORS | v | ||
| PART I | |||
| ITEM 1. | BUSINESS | 1 | |
| ITEM 1A. | RISK FACTORS | 19 | |
| ITEM 1B. | UNRESOLVED STAFF COMMENTS | 40 | |
| ITEM 1C. | CYBERSECURITY | 40 | |
| ITEM 2. | PROPERTIES | 41 | |
| ITEM 3. | LEGAL PROCEEDINGS | 42 | |
| ITEM 4. | MINE SAFETY DISCLOSURES | 42 | |
| INFORMATION ABOUT OUR EXECUTIVE OFFICERS | 43 | ||
| PART II | |||
| ITEM 5. | MARKET FOR REGISTRANT'S COMMON EQUITY, RELATED STOCKHOLDER MATTERS AND ISSUER PURCHASES OF EQUITY SECURITIES | 45 | |
| ITEM 6. | [RESERVED] | 46 | |
| ITEM 7. | MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS | 46 | |
| CONSOLIDATED RESULTS OF OPERATIONS - HERTZ | 51 | ||
| RESULTS OF OPERATIONS AND SELECTED OPERATING DATA BY SEGMENT | 53 | ||
| LIQUIDITY AND CAPITAL RESOURCES | 59 | ||
| ITEM 7A. | QUANTITATIVE AND QUALITATIVE DISCLOSURES ABOUT MARKET RISK | 73 | |
| ITEM 8. | FINANCIAL STATEMENTS AND SUPPLEMENTARY DATA | 75 | |
| ITEM 9. | CHANGES IN AND DISAGREEMENTS WITH ACCOUNTANTS ON ACCOUNTING AND FINANCIAL DISCLOSURE | 159 | |
| ITEM 9A. | CONTROLS AND PROCEDURES | 159 | |
| ITEM 9B. | OTHER INFORMATION | 160 | |
| ITEM 9C. | DISCLOSURE REGARDING FOREIGN JURISDICTIONS THAT PREVENT INSPECTIONS | 160 | |
| PART III | |||
| ITEM 10. | DIRECTORS, EXECUTIVE OFFICERS AND CORPORATE GOVERNANCE | 161 | |
| ITEM 11. | EXECUTIVE COMPENSATION | 162 | |
| ITEM 12. | SECURITY OWNERSHIP OF CERTAIN BENEFICIAL OWNERS AND MANAGEMENT AND RELATED STOCKHOLDER MATTERS | 162 | |
| ITEM 13. | CERTAIN RELATIONSHIPS AND RELATED TRANSACTIONS, AND DIRECTOR INDEPENDENCE | 162 | |
| ITEM 14. | PRINCIPAL ACCOUNTANT FEES AND SERVICES | 163 | |
| PART IV | |||
| ITEM 15. | EXHIBITS AND FINANCIAL STATEMENT SCHEDULES | 164 | |
| EXHIBIT INDEX | 165 | ||
| SIGNATURES | 177 | ||
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.