{"schema_version":"secwatch.filing_event.v1","accession":"0000723612-23-000051","form_type":"8-K","ticker":"CAR","cik":"0000723612","company_name":"AVIS BUDGET GROUP, INC.","filed_at":"2023-11-01T23:59:59+00:00","discovered_at":"2026-05-14T18:03:31.827088+00:00","generated_at":"2026-06-09T03:32:53.355084+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.8,"calibrated_materiality_score":0.8,"confidence":"high","headline":"Avis Budget Group Q3 2023 rev $3.6B, net income $627M, Adj EBITDA $907M; repurchased 2.2M shares","bullets":["Revenue $3.6B, rental days up 5% YoY; record volumes in the Americas.","Net income $627M; Adjusted EBITDA $907M (Americas $740M, International $196M).","Repurchased ~2.2M shares for $487M during Q3.","Issued €400M Senior Notes due 2030 to redeem €300M notes due Nov 2024; no near-term maturities until mid-2025.","Liquidity ~$1.0B plus $1.1B fleet funding capacity; October trend strong."],"urls":{"canonical":"https://secwatch.observer/filing/0000723612-23-000051","json":"https://secwatch.observer/filing/0000723612-23-000051.json","markdown":"https://secwatch.observer/filing/0000723612-23-000051.md","text":"https://secwatch.observer/filing/0000723612-23-000051.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/723612/000072361223000051/0000723612-23-000051-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/723612/000072361223000051/car-20231101.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-09T03:32:53.355084+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":"96c082f55d9b104352f95bda5a96177427c2908e","claim":"AVIS BUDGET GROUP, INC. reported third quarter 2023 results: revenue $3.6 billion, net income $627 million.","evidence_excerpt":"PARSIPPANY, N.J., November 1, 2023 - Avis Budget Group, Inc. ( NASDAQ: CAR ) announced financial results for third quarter 2023 today. We ended the quarter with revenues of $3.6 billion, driven by peak demand and seasonal revenue per day increases. Net income was $627 million and our Adjusted EBITDA 1 was $907 million. Our liquidity position at the end of the","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/723612/000072361223000051/0000723612-23-000051-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"third quarter 2023"},{"label":"Revenue","value":"$3.6 billion"},{"label":"Net income","value":"$627 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"}