Hertz announces Q2 2026 results with strong commercial momentum
Revenue grew 10% year over year to $2.4 billion, with Adjusted Corporate EBITDA of $81 million, a $63 million improvement, amid continued transformation.
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Car rental company
hertz.comLast updated
In short: Hertz reported Q2 2026 revenue growth of 10% to $2.4 billion while facing stock volatility, leadership changes, and legal settlements.
Revenue grew 10% year over year to $2.4 billion, with Adjusted Corporate EBITDA of $81 million, a $63 million improvement, amid continued transformation.
Shares loaned to J.P. Morgan for hedging; Hertz receives no sale proceeds but a nominal lending fee. The offering is contingent on a private note placement.
The notes, due 2030, are secured and can be exchanged into cash or Hertz common stock. Proceeds will be used for general corporate purposes and repaying debt.
The company also launched Oro Mobility and improved Adjusted EBITDA by nearly 50% year over year despite recall impact.
Shares of global car rental company Hertz (NASDAQ:HTZ) jumped 5.4% in the afternoon session after the company announced an expanded technology partnership with Verra Mobility...
The fair value estimate for Hertz Global Holdings has shifted from US$2.78 to US$2.30 per share, a...
Hertz Global Holdings has an average rating of underweight and mean price target of $2.69, according to analysts polled by FactSet. ...
Pershing Square sold its Hertz stake, prompting a drop in the car-rental company’s stock after the firm cited loss of confidence in management.
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