{"schema_version":"secwatch.filing_event.v1","accession":"0000723612-23-000042","form_type":"8-K","ticker":"CAR","cik":"0000723612","company_name":"AVIS BUDGET GROUP, INC.","filed_at":"2023-07-31T23:59:59+00:00","discovered_at":"2026-05-14T18:03:36.508044+00:00","generated_at":"2026-06-12T22:29:41.918250+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Avis Budget Q2 net income $436M, Adj. EBITDA $737M on $3.1B revenue","bullets":["Revenues of $3.1B; rental days up 4% vs Q2 2022.","Adjusted EBITDA: Americas $631M, International $126M; total $737M.","Utilization 70.5%, up 50 bps YoY; fleet well-positioned for peak demand.","Liquidity ~$1.1B plus $1.1B fleet funding capacity; no meaningful maturities until mid-2025.","Issued €400M Senior Notes due 2030 to redeem €300M notes due 2024; voluntary $400M cash into vehicle programs."],"urls":{"canonical":"https://secwatch.observer/filing/0000723612-23-000042","json":"https://secwatch.observer/filing/0000723612-23-000042.json","markdown":"https://secwatch.observer/filing/0000723612-23-000042.md","text":"https://secwatch.observer/filing/0000723612-23-000042.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/723612/000072361223000042/0000723612-23-000042-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/723612/000072361223000042/car-20230731.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-12T22:29:41.918250+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":"b9e3628fe47ff4b9f1263b87649365173a368670","claim":"AVIS BUDGET GROUP, INC. reported second quarter 2023 results: revenue $3.1 billion, net income $436 million.","evidence_excerpt":"We ended the quarter with revenues of $3.1 billion, driven by strong demand and seasonal revenue per day increase. Net income was $436 million and our Adjusted EBITDA 1 was $737 million.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/723612/000072361223000042/0000723612-23-000042-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"second quarter 2023"},{"label":"Revenue","value":"$3.1 billion"},{"label":"Net income","value":"$436 million"},{"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"}