secwatch.observer — SEC 8-K summary
======================================

Issuer:     HERTZ GLOBAL HOLDINGS, INC (HTZ)
CIK:        0001657853
Form:       8-K
Filed at:   2026-08-06T12:01:43+00:00
Accession:  0001657853-26-000045
Event type: earnings
Sentiment:  positive
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Hertz Q2 revenue up 10% to $2.4B; Adjusted EBITDA $81M beats guidance
---------------------------------------------------------------------

- GAAP net income $64M ($0.05 diluted EPS); adjusted net loss $47M (-$0.11 adjusted EPS).
- Adjusted Corporate EBITDA $81M, up from $18M YoY and above revised guidance top end.
- RPD up 9% to $61.98; RPU up 8% to $1,542; fleet utilization 79% (+80 bps YoY).
- Recall headwind ~$30M to Adjusted EBITDA; 300% more vehicles impacted YoY.
- Issued $350M exchangeable notes due 2030; pro forma liquidity ~$1.0B after greenshoe.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1657853/000165785326000045/0001657853-26-000045-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/47129/000165785326000045/htz-20260806.htm
  HTML page:      https://secwatch.observer/filing/0001657853-26-000045

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