earnings
confidence high
sentiment neutral
materiality 0.65
Avis Budget Group reports Q2 2026 revenue of $3.0B, net income $63M, Adjusted EBITDA $286M
AVIS BUDGET GROUP, INC.
- Revenue $3.0B, net income $63M, Adjusted EBITDA $286M for Q2 2026.
- Total Company vehicle utilization 72.6% (+1.9 pts YoY); Americas utilization 73.2% (record).
- Per-unit fleet costs $290/month, down 4% YoY.
- Issued $300M add-on Senior Notes due 2031; refinanced $2B revolver to 2031 maturity.
- Waymo autonomous partnership launched in Dallas on June 1, thousands of trips in first month.