{"schema_version":"secwatch.filing_event.v1","accession":"0000723612-24-000030","form_type":"8-K","ticker":"CAR","cik":"0000723612","company_name":"AVIS BUDGET GROUP, INC.","filed_at":"2024-05-01T23:59:59+00:00","discovered_at":"2026-05-14T18:03:21.785031+00:00","generated_at":"2026-06-03T03:30:05.738430+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.72,"calibrated_materiality_score":0.72,"confidence":"high","headline":"Avis Budget Q1 net loss $113M on $2.6B revenue; Adjusted EBITDA $12M","bullets":["Net loss of $113 million; Adjusted EBITDA of $12 million on revenue of $2.6 billion.","Americas segment Adjusted EBITDA $44 million; International loss $15 million.","Rental days up 5% YoY; record vehicle disposals to align fleet size.","Issued €600M senior notes due 2029, repaid €350M notes due 2026.","Liquidity $0.7B plus $3.8B fleet funding capacity; no maturities until 2027 after April repayment."],"urls":{"canonical":"https://secwatch.observer/filing/0000723612-24-000030","json":"https://secwatch.observer/filing/0000723612-24-000030.json","markdown":"https://secwatch.observer/filing/0000723612-24-000030.md","text":"https://secwatch.observer/filing/0000723612-24-000030.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/723612/000072361224000030/0000723612-24-000030-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/723612/000072361224000030/car-20240501.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-03T03:30:05.738430+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":"6f26d2b3e2f516ca53c9d1a79fc64db42a9d50e8","claim":"AVIS BUDGET GROUP, INC. reported first quarter 2024 results: revenue $2.6 billion, net income $113 million.","evidence_excerpt":"Results PARSIPPANY, N.J., May 1, 2024 - Avis Budget Group, Inc. ( NASDAQ: CAR ) announced financial results for first quarter 2024 today. We ended the quarter with revenues of $2.6 billion, driven by strong travel demand. Net loss was $113 million and our Adjusted EBITDA 1 was $12 million. Our liquidity position at the end of the quarter was approximately $0.7","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/723612/000072361224000030/0000723612-24-000030-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"first quarter 2024"},{"label":"Revenue","value":"$2.6 billion"},{"label":"Net income","value":"$113 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"}