Latest Avis Budget Group News & Updates

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Avis Budget Group

Global vehicle rental and mobility solutions provider

avisbudgetgroup.com
Headquarters
Parsippany, United States
Company type
Public company
Number of employees
15,000+

Last updated

Latest news about Avis Budget Group

In short: Avis Budget Group reported mixed financial results across 2025 and early 2026, while expanding its autonomous vehicle operations and services.

Company announcements

  • Avis Budget Group

    Avis Budget Group reports Q1 2026 results

    Revenues reached $2.5 billion with a net loss of $234 million and Adjusted EBITDA loss of $113 million. Operational highlights include 3% revenue per day growth and 70% vehicle utilization.

  • Avis Budget Group

    Avis Budget Group reports Q4 and full-year 2025 results

    Q4 revenues reached $2.7 billion with $5 million Adjusted EBITDA; full-year revenues were $11.7 billion. Q4 net loss included $518 million EV impairment. Liquidity stood at $818 million.

  • Avis Budget Group

    Avis Budget Group reports Q3 2025 results

    Revenues reach $3.5 billion, net income $360 million, Adjusted EBITDA $559 million. Americas EBITDA up to $398 million, International to $190 million.

  • Avis Budget Group

    Avis Budget Group announces multi-year partnership with Waymo

    The partnership launches autonomous ride-hailing in Dallas, with Avis handling fleet operations. Public launch is planned for 2026, with expansion to more cities.

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