Avis Budget Q2 FY26 net income rises to $63 million; revenue totals $3 billion

Reuters2026/07/29 13:48

By:Reuters

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Avis Budget Group posted Q2 revenue of $3 billion, with net income of $63 million.
Adjusted EBITDA (non-GAAP) totaled $286 million.
Total company vehicle utilization rose 1.9 percentage points year over year to 72.6%, with Americas up 2.5 points to a Q2 record 73.2%.
Per-unit fleet costs fell 4% from Q2 2025 to $290 per month, excluding exchange-rate effects.
Management said it resized fleet as booking trends shifted; the Waymo autonomous partnership went live in Dallas on June 1.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Avis Budget Group Inc. published the original content used to generate this news brief on July 28, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Avis Budget Q2 FY26 net income rises to $63 million; revenue totals $3 billion

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