Avis Budget Group Reports First Quarter 2026 Results [Yahoo! Finance]
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: Yahoo! Finance
We ended the quarter with revenues of $2.5 billion, a net loss of $234 million, and an Adjusted EBITDA 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, excluding exchange rate effect, flat compared to first quarter of 2025. Adjusted free cash flow was $80 million, an improvement of more than $570 million versus fi
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CAR
Earnings
- 4/29/26 - Miss
CAR
Sec Filings
- 4/29/26 - Form 10-Q
- 4/29/26 - Form 8-K
- 4/28/26 - Form 4
- CAR's page on the SEC website