secwatch.observer — SEC 8-K summary
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Issuer:     HERTZ GLOBAL HOLDINGS, INC (HTZ)
CIK:        0001657853
Form:       8-K
Filed at:   2026-02-26T23:59:59+00:00
Accession:  0001657853-26-000010
Event type: earnings
Sentiment:  negative
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Hertz Q4 2025 net loss narrows to $194M from $479M; EBITDA improves $150M YoY
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- Net loss $194M ($0.72 diluted EPS) vs $479M loss ($1.56) in Q4 2024; full year net loss $747M ($2.43 EPS).
- Adjusted Corporate EBITDA $(205)M, improvement of ~$150M YoY, including >$100M transitory headwinds (govt shutdown, FAA cancellations, vendor outages, recalls).
- Depreciation per unit per month $330, down 21% YoY; includes $60M non-cash charge from revised residual value forecast.
- Q1 2026 revenue expected mid-single digit growth; January revenue improved meaningfully YoY.
- Utilization 78% (Q4) and 81% (FY), up 200bps YoY; DOE per transaction day down 6% YoY.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1657853/000165785326000010/0001657853-26-000010-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/47129/000165785326000010/htz-20260226.htm
  HTML page:      https://secwatch.observer/filing/0001657853-26-000010

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer