{"schema_version":"secwatch.filing_event.v1","accession":"0000723612-22-000049","form_type":"8-K","ticker":"CAR","cik":"0000723612","company_name":"AVIS BUDGET GROUP, INC.","filed_at":"2022-10-31T23:59:59+00:00","discovered_at":"2026-05-14T18:03:53.366945+00:00","generated_at":"2026-06-22T22:06:56.071358+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.85,"calibrated_materiality_score":0.85,"confidence":"high","headline":"Avis Budget Q3 revenue $3.5B (+18% YoY), record net income $1.0B and Adjusted EBITDA $1.5B","bullets":["Revenue $3.5B, up 18% vs Q3 2021 and 29% vs Q3 2019; all-time quarterly record.","Net income $1.0B and Adjusted EBITDA $1.5B, both best quarterly results in company history.","Americas Adjusted EBITDA $1.2B, International $291M; each a regional quarterly record.","Liquidity ~$1.7B with $2.6B fleet funding capacity; no material debt maturities until 2024.","QuickPass deployed at all major U.S. airports; EV infrastructure investments continuing."],"urls":{"canonical":"https://secwatch.observer/filing/0000723612-22-000049","json":"https://secwatch.observer/filing/0000723612-22-000049.json","markdown":"https://secwatch.observer/filing/0000723612-22-000049.md","text":"https://secwatch.observer/filing/0000723612-22-000049.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/723612/000072361222000049/0000723612-22-000049-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/723612/000072361222000049/car-20221031.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-22T22:06:56.071358+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"f814ae3e896de957d9ccd1b6026185c35e4df3a7","claim":"AVIS BUDGET GROUP, INC. reported third quarter 2022 results: revenue $3.5 billion, net income $1.0 billion.","evidence_excerpt":"We ended the quarter with revenues 18% above third quarter 2021, at $3.5 billion, a new quarterly revenue record, surpassing our second quarter 2022 record, driven by continued strong demand and increased revenue per day. Net income w as $1.0 billion and our Adjusted EBITDA was $1.5 billion , our best quarterly net income and Adjusted EBITDA in our history.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/723612/000072361222000049/0000723612-22-000049-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"third quarter 2022"},{"label":"Revenue","value":"$3.5 billion"},{"label":"Net income","value":"$1.0 billion"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}