Hertz Q1 2026: Revenue $2.0B (+11% YoY), adjusted EPS loss $(0.72) improves $0.35; launches Oro Mobility

HERTZ GLOBAL HOLDINGS, INC

2026-Q1 EPS reported -$1.06 revenue$2,004,000,000

Revenue $2.0B, up 11% YoY, strongest growth in three years. RPD $57.38, up 5.5% YoY.
GAAP net loss $333M, diluted EPS $(1.06); adjusted net loss $224M, adjusted EPS $(0.72), $0.35 improvement YoY.
Adjusted Corporate EBITDA $(161)M, improvement ~50% YoY. Net DPU $312, down 13% YoY, approaching North Star target.
Vehicle recalls impacted EBITDA >$25M, revenue ~$50M. Utilization 79%, down 70bps YoY (excl. recalls up 140bps).
Launched Oro Mobility; Uber as initial partner. Liquidity $837M at Q1 end; additional $200M financing in April.

item 2.02 item 9.01

Key facts

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Earnings Releases SEC 8-K Item 2.02 confidence 0.98

HERTZ GLOBAL HOLDINGS, INC reported first quarter 2026 results: revenue $2.0 billion, net income $333 million, EPS $(1.06).

Period: first quarter 2026
Revenue: $2.0 billion
Net income: $333 million
EPS: $(1.06)
Result: reported results

Exact text from the filing

Revenue totaled $2.0 billion in the first quarter, up 11% year over year, Hertz's strongest year-over-year revenue growth in three years, driven by continued progress in its commercial strategies.

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Source: SEC EDGAR

accession 0001657853-26-000021

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