Avis Budget Group reports third quarter 2026 results
Revenues are $3.4 billion, net income is $199 million and Adjusted EBITDA is $513 million, with Americas utilization at a 20-year high.
Latest Avis Budget Group News & Updates
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Global vehicle rental and mobility solutions provider
avisbudgetgroup.com- Headquarters
- Parsippany, United States
- Company type
- Public company
- Number of employees
- 18,000+
Last updated
Latest news about Avis Budget Group
In short: Avis Budget Group reported Q2 earnings amid soft demand and received a $650 million settlement from Pentwater.
Company announcements
Avis Budget Group Announces Third Quarter 2026 Earnings Call Date
The company will report Q3 2026 financial results after market close on November 3, 2026. Institutional investors can discuss findings via a conference call and webcast replay on November 4.
Avis Budget Group reported Q2 2026 financial results
Revenue was $3.0B, net income $63M, and Adjusted EBITDA $286M, with record vehicle utilization.
Avis Budget Group and Pentwater Capital announce settlement
Avis filed a motion to approve the agreement, under which Pentwater will pay $650M to resolve short swing profits litigation.
Media coverage
Avis Budget projects full-year 2026 adjusted EBITDA of ~$850M as it targets tangible revenue management benefits by summer 2027
Avis Budget Q3 2026 earnings: weaker August demand hit EBITDA, guidance narrowed, and revenue management upgrades aim to lift results.
Avis Budget Secures Settlement, Plans Debt Repayment - TipRanks.com
Avis Budget ( ($CAR) ) just unveiled an announcement. On October 5, 2026, Avis Budget Group, Inc. received a $650 million cash settlement from Pentwater...
Avis Budget posts weak Q2 results, joins Fiverr International, Costar Group and other big stocks moving lower in Wednesday’s pre-market session
U.S. stock futures were mixed this morning, with the Dow futures gaining around 0.1% on Wednesday. Shares of Avis Budget Group Inc CAR fell sharply...
Avis Budget Group (NASDAQ:CAR) misses Q2 CY2026 revenue estimates, stock drops 14.6%
Car rental services provider Avis (NASDAQ:CAR) in Q2 CY2026, with sales falling 1.3% year on year to $3.00 billion. Its GAAP profit of $0.98 per...
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