Avis Budget Group reported third quarter 2026 revenue of $3.4 billion, down 2% from a year earlier, and net income attributable to the company of $183 million, down 49%. Adjusted EBITDA fell 8% to $513 million, and diluted earnings per share were $5.15 versus $10.11 a year earlier, though the company said Americas vehicle utilization hit a third-quarter record.
Q3 revenue $3.4 billion ($3,436 million) vs. $3,519 million in Q3 2025; Adjusted EBITDA $513 million vs. $559 million
Diluted EPS $5.15 vs. $10.11 a year earlier; net income attributable to the company $183 million vs. $359 million
Total Company vehicle utilization 74.0%, up 2.0 points; Americas utilization 74.1%, both third-quarter record highs
Received $650 million from Pentwater Capital Management settlement on October 5, to be recognized in Q4; redeeming remaining $350 million of 5.750% Senior Notes due 2027
Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.
From Avis Budget Group's 10-Q and 10-K filings (SEC XBRL). YoY compares each quarter with the same quarter a year earlier; it is blank when the year-ago figure is missing or negative.
Annual results
Fiscal year
Revenue
Growth
EPS (diluted)
Growth
Net margin
FY2025
$11.65B
-1.2%
$-25.25
—
-7.6%
FY2024
$11.79B
-1.8%
$-51.23
-221.7%
-15.4%
FY2023
$12.01B
+0.1%
$42.08
-26.4%
13.6%
FY2022
$11.99B
+28.8%
$57.16
+194.0%
23.0%
FY2021
$9.31B
+72.4%
$19.44
—
13.8%
Frequently asked questions
When is Avis Budget's next earnings date?
Avis Budget has not announced a report date within the next three weeks. US companies usually report three to six weeks after each quarter ends; this page updates as soon as the date is on the calendar.
What did Avis Budget earn last quarter?
For the quarter ended Sep 2026, Avis Budget reported diluted EPS of $5.15 (-49.1% year over year) on revenue of $3.44B (-2.4%).
Where do these numbers come from?
Reported revenue, net income and EPS come from the company's own 10-Q and 10-K filings with the SEC (XBRL data). The report date and consensus estimate come from the Nasdaq earnings calendar.
Not investment advice. Figures can be restated by the company in later filings.