{"schema_version":"secwatch.filing_event.v1","accession":"0001657853-24-000019","form_type":"8-K","ticker":"HTZ","cik":"0001657853","company_name":"HERTZ GLOBAL HOLDINGS, INC","filed_at":"2024-02-06T23:59:59+00:00","discovered_at":"2026-05-14T18:03:25.002609+00:00","generated_at":"2026-06-06T08:12:00.656898+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.85,"calibrated_materiality_score":0.85,"confidence":"high","headline":"Hertz posts Q4 net loss of $348M; EV write-down drives adjusted EBITDA loss of $382M","bullets":["Q4 revenue $2.2B (+7% YoY); GAAP net loss $348M ($1.14 loss per diluted share) vs net income $116M in Q4 2022.","Adjusted net loss $418M ($1.36 loss per diluted share); adjusted Corporate EBITDA -$382M (negative 17% margin).","Includes $245M of incremental net depreciation expense from EVs held for sale; depreciation per unit per month rose to $498 from $242.","Full-year 2023 revenue $9.4B; GAAP net income $616M ($1.39 diluted EPS); adjusted net income $172M ($0.53 diluted EPS).","Company repurchased 19.4M shares for $291M during FY 2023; corporate liquidity $2.0B at Dec 31."],"urls":{"canonical":"https://secwatch.observer/filing/0001657853-24-000019","json":"https://secwatch.observer/filing/0001657853-24-000019.json","markdown":"https://secwatch.observer/filing/0001657853-24-000019.md","text":"https://secwatch.observer/filing/0001657853-24-000019.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1657853/000165785324000019/0001657853-24-000019-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/47129/000165785324000019/htz-20240206.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-06T08:12:00.656898+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":"5ea892b5ab7c6a4f906c9d8b875e006f1929135a","claim":"HERTZ GLOBAL HOLDINGS, INC reported fourth quarter and full year 2023 results: revenue $2.2 billion, net income $348 million, EPS $1.14 loss per diluted share.","evidence_excerpt":"Global Holdings, Inc. (NASDAQ: HTZ) (\"Hertz\", \"Hertz Global\" or the \"Company\") today reported results for its fourth quarter and full year 2023. OVERVIEW Q4 2023 • Revenue of $2.2 billion • GAAP net loss of $348 million, a negative 16% margin, or $1.14 loss per diluted share • Adjusted net loss of $418 million, or $1.36 loss per diluted share • Adjusted Corporate","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1657853/000165785324000019/0001657853-24-000019-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"fourth quarter and full year 2023"},{"label":"Revenue","value":"$2.2 billion"},{"label":"Net income","value":"$348 million"},{"label":"EPS","value":"$1.14 loss per diluted share"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"},{"claim_id":"cb617ee9e586665b043f6ff14549e706c79fe87d","claim":"HERTZ GLOBAL HOLDINGS, INC reported full year 2023 results: revenue $9.4 billion, net income $616 million, EPS $1.39 per diluted share.","evidence_excerpt":"vehicles (\"EV\") • GAAP operating cash flow of $564 million • Adjusted operating cash outflow of $366 million and adjusted free cash outflow of $128 million FY 2023 • Revenue of $9.4 billion • GAAP net income of $616 million, a 7% margin, or $1.39 per diluted share • Adjusted net income of $172 million, or $0.53 per diluted share • Adjusted Corporate EBITDA of $561","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1657853/000165785324000019/0001657853-24-000019-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"full year 2023"},{"label":"Revenue","value":"$9.4 billion"},{"label":"Net income","value":"$616 million"},{"label":"EPS","value":"$1.39 per diluted share"},{"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"}