earnings
confidence high
sentiment negative
materiality 0.75
Avis Budget Q1 2026: revenue $2.5B, net loss $234M, Adj. EBITDA loss $113M
AVIS BUDGET GROUP, INC.
2026-Q1 EPS reported
-$8.01
revenue$2,530,000,000
- Revenue of $2.5 billion; net loss of $234 million; Adjusted EBITDA loss of $113 million.
- Revenue per day (ex-FX) up 3% in both Americas and International versus Q1 2025.
- Vehicle utilization reached 70% for both segments, a first-quarter record in over 15 years.
- Adjusted free cash flow of $80 million, improvement of $570+ million YoY.
- Liquidity at $915 million, plus $2.9 billion fleet funding capacity; fleet costs flat at $351/mo.
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