---
schema_version: "secwatch.filing_event.v1"
accession: "0001657853-26-000021"
form_type: "8-K"
ticker: "HTZ"
cik: "0001657853"
company_name: "HERTZ GLOBAL HOLDINGS, INC"
filed_at: "2026-05-07T23:59:59+00:00"
generated_at: "2026-05-14T21:50:13.492039+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- 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.

## SEC filing metadata
- accession: 0001657853-26-000021
- form_type: 8-K
- ticker: HTZ
- cik: 0001657853
- company_name: HERTZ GLOBAL HOLDINGS, INC
- filed_at: 2026-05-07T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1657853/000165785326000021/0001657853-26-000021-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/47129/000165785326000021/htz-20260507.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001657853-26-000021
- JSON: https://secwatch.observer/filing/0001657853-26-000021.json
- Plain text: https://secwatch.observer/filing/0001657853-26-000021.txt

## Source-grounded claims
- claim_id: b7fa839b9bebef5fbfa0cd89fcd08623fa74c3f8
  claim: HERTZ GLOBAL HOLDINGS, INC reported first quarter 2026 results: revenue $2.0 billion, net income $333 million, EPS $(1.06).
  evidence_excerpt: 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.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1657853/000165785326000021/0001657853-26-000021-index.htm

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