---
schema_version: "secwatch.filing_event.v1"
accession: "0001657853-22-000091"
form_type: "8-K"
ticker: "HTZ"
cik: "0001657853"
company_name: "HERTZ GLOBAL HOLDINGS, INC"
filed_at: "2022-10-27T23:59:59+00:00"
generated_at: "2026-06-23T00:04:47.488849+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Hertz Q3 2022 revenue $2.5B (+12% YoY), net income $577M, adjusted EBITDA $618M

## Summary
- GAAP diluted EPS $1.33; adjusted diluted EPS $1.08, with adjusted net income $410M down 30% YoY.
- Americas RAC revenue $2,042M (+7% YoY), Adjusted EBITDA $564M (28% margin); International revenue $454M (+46% YoY), Adjusted EBITDA $150M (33% margin).
- Operating cash flow $932M; adjusted free cash flow $505M; corporate liquidity $2.6B (incl $1.0B unrestricted cash).
- Repurchased 27.2M shares for $500M in Q3; $1.4B remaining under authorization as of Oct 20.
- Monthly RPU record $1,685; utilization 80%; depreciation per unit $187, normalizing from low prior year.

## SEC filing metadata
- accession: 0001657853-22-000091
- form_type: 8-K
- ticker: HTZ
- cik: 0001657853
- company_name: HERTZ GLOBAL HOLDINGS, INC
- filed_at: 2022-10-27T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1657853/000165785322000091/0001657853-22-000091-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/47129/000165785322000091/htz-20221027.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001657853-22-000091
- JSON: https://secwatch.observer/filing/0001657853-22-000091.json
- Plain text: https://secwatch.observer/filing/0001657853-22-000091.txt

## Key facts
- Earnings Releases
  HERTZ GLOBAL HOLDINGS, INC reported third quarter 2022 results: revenue $2.5 billion, net income $577 million, EPS $1.33 per diluted share.
  - Period: third quarter 2022
  - Revenue: $2.5 billion
  - Net income: $577 million
  - EPS: $1.33 per diluted share
  - Result: reported results
  source text: HERTZ REPORTS THIRD QUARTER 2022 RESULTS: REVENUE OF $2.5 BILLION, NET INCOME OF $577 MILLION, ADJUSTED CORPORATE EBITDA OF $618 MILLION, OPERATING CASH FLOW OF $932 MILLION AND ADJUSTED FREE CASH FLOW OF $505 MILLION
  evidence_url: https://www.sec.gov/Archives/edgar/data/1657853/000165785322000091/0001657853-22-000091-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.