For Q1 FY2026 (ended March 31, 2026), Hertz Global Holdings reported revenue of $2.004 billion, up 10.5% year-over-year. Net loss was $333 million, improving 24.8% from a net loss of $443 million in the prior year quarter. Diluted EPS was -$1.06, compared to -$1.44 a year ago. Cash and cash equivalents stood at $583 million, while stockholders' equity was negative $786 million.
•Revenue increased 10.5% YoY to $2.004 billion.
•Net loss narrowed 24.8% to $333 million.
•Diluted EPS improved to -$1.06 from -$1.44.
•Cash balance was $583 million; equity was negative $786 million.
Informational summary based on SEC XBRL figures · generated by deepseek-v4-flash. Not investment advice.
Hertz Global is a vehicle rental company. Its business is organized into two segments: Americas RAC and International RAC. The company offers vehicle rental services under the Hertz, Dollar, and Thrifty brands from company-operated, licensee, and franchisee locations in the United States, Africa, Asia, Australia, Canada, the Caribbean, Europe, Latin America, the Middle East, and New Zealand. It also sells vehicles and value-added services. Founded in 1918, the company is headquartered in Estero, Florida.
Hertz Global Holdings, Inc. is a vehicle rental company that operates through two segments: Americas RAC and International RAC. It offers vehicle rental services under the Hertz, Dollar, and Thrifty brands from company-operated, licensee, and franchisee locations across the United States, Africa, Asia, Australia, Canada, the Caribbean, Europe, Latin America, the Middle East, and New Zealand. In addition to rentals, the company also sells vehicles and provides value-added services. Founded in 1918, Hertz is headquartered in Estero, Florida, and is one of the largest car rental companies globally, serving both leisure and business customers.
On which stock exchange is Hertz (HTZ) listed and what currency is used?
Hertz Global Holdings, Inc. is listed on the Nasdaq Global Select Market (NasdaqGS) under the ticker symbol HTZ. The company's financials are reported in US Dollars (USD), which is the currency used for trading its shares. As a US-based company, Hertz operates primarily in the United States but has a significant international presence, and its stock is traded in the US market, making it accessible to investors through major brokerage platforms.
What sector and industry does Hertz (HTZ) belong to?
Hertz Global Holdings operates in the Industrials sector, specifically within the Rental & Leasing Services industry. This industry includes companies that provide rental and leasing services for equipment, vehicles, and other assets. As a vehicle rental company, Hertz falls under this category by offering short-term car rentals and related services. The Industrials sector encompasses a wide range of businesses involved in manufacturing, transportation, and commercial services, and Hertz's role in vehicle rental aligns with the broader industrial economy, supporting travel, tourism, and business mobility.
Where is Hertz (HTZ) headquartered and what markets does it serve?
Hertz Global Holdings is headquartered in Estero, Florida, United States. The company serves a vast global market, with operations in the United States, Africa, Asia, Australia, Canada, the Caribbean, Europe, Latin America, the Middle East, and New Zealand. Its rental services are available through company-operated locations, as well as licensee and franchisee partnerships. This extensive network allows Hertz to cater to both domestic and international travelers, offering vehicle rentals under the Hertz, Dollar, and Thrifty brands across major airports, city centers, and suburban areas.
How does Hertz (HTZ) generate revenue?
Hertz generates revenue primarily through vehicle rental services, which include daily, weekly, and monthly rentals for cars, trucks, and vans. The company operates under three main brands: Hertz (premium and leisure), Dollar (value-oriented), and Thrifty (budget-friendly). Revenue comes from both the Americas RAC (Rental Car) segment and the International RAC segment. Additionally, Hertz sells used vehicles from its fleet, which provides a secondary revenue stream. Value-added services such as insurance, GPS navigation, child safety seats, and roadside assistance also contribute to earnings. The company's business model relies on maintaining a large fleet of vehicles, optimizing utilization rates, and managing costs across its global network of company-operated and franchise locations.