Avis Budget Group Reports First Quarter 2026 Results
Avis Budget Group, Inc. (CAR)
Last avis budget group, inc. earnings: 2/19 04:00 pm
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US:NASDAQ Investor Relations:
ir.avisbudgetgroup.com
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Source: GlobeNewswire
PARSIPPANY, N.J., April 29, 2026 (GLOBE NEWSWIRE) -- Avis Budget Group, Inc. (NASDAQ: CAR) announced financial results for the first quarter ended March 31, 2026 today. We ended the quarter with revenues of $2.5 billion, a net loss of $234 million, and an Adjusted EBITDA1 loss of $113 million. “We executed on the changes we outlined last quarter, and the first quarter reflects a meaningful inflection in our operating performance,” said Brian Choi, Avis Budget Group CEO. “With tighter fleet discipline, improving pricing, and stronger utilization, we are building a more resilient business with clear momentum heading into the rest of the year.” Q1 OPERATIONAL HIGHLIGHTS Revenue per day, excluding exchange rate effect, increased 3% in both Americas and International compared to first quarter 2025.Vehicle Utilization reached 70% for both Americas and International, a first quarter record for both segments in over fifteen years.Total Company per-unit fleet costs were $351 per month, ex
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News
- Avis Budget Group, Inc. (CAR) Q1 2026 Earnings Call Transcript [Seeking Alpha]Seeking Alpha
- Avis Budget Group Q1 Earnings Call Highlights [Yahoo! Finance]Yahoo! Finance
- Volatile Avis stock plunges on wider-than-expected profit loss [Yahoo! Finance]Yahoo! Finance
- Avis Budget Group (NASDAQ:CAR) Delivers Impressive Q1 CY2026 But Stock Drops [Yahoo! Finance]Yahoo! Finance
- Avis Budget Group (CAR) Reports Q1: Everything You Need To Know Ahead Of Earnings [Yahoo! Finance]Yahoo! Finance
CAR
Earnings
- 4/29/26 - Miss
CAR
Sec Filings
- 4/29/26 - Form 8-K
- 4/28/26 - Form 4
- 4/28/26 - Form 4
- CAR's page on the SEC website