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AI brief of an SEC Form 8-K · Avis Budget (CAR)

Avis Budget Group Q3 revenue rises 1% to $3.5 billion; net income $359 million

Positive Impact 3 of 5 earnings Written later

Avis Budget Group reported third quarter 2025 revenue of $3.5 billion, up 1% from a year earlier, and net income attributable to the company of $359 million, up from $237 million. Diluted earnings per share were $10.11 versus $6.65 a year earlier, and Adjusted EBITDA rose to $559 million from $503 million. The filing gives no guidance, and the nine-month results remain a net loss of $142 million.

Key points

  • Diluted earnings per share were $10.11 in Q3 2025, compared with $6.65 in Q3 2024.
  • Adjusted EBITDA was $559 million, with Americas at $398 million and International at $190 million.
  • Q3 operating expenses include $109 million of income from legal matters, net; nine-month results show a net loss of $142 million attributable to the company.
  • Liquidity was nearly $1.0 billion at quarter end, and in July the company extended its $1.1 billion floating rate term loan maturity from August 2027 to July 2032.

The filing

CompanyAvis Budget (CAR)
Form8-K, current report
Filed with the SECOct 27, 2025, 4:01 PM ET
Accession number0000723612-25-000076

Items reported: 2.02 Results of Operations

Read the filing on SEC.gov ↗

Written by AI on Nov 8, 2026, 1:01 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on October 27, 2025.

Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.