Hertz Q1 FY26 adjusted corporate EBITDA loss narrows 47% to $(161) million

HERTZ GLOBAL HOLDINGS, INC.

HERTZ GLOBAL HOLDINGS, INC.

HTZ

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  • Hertz Global Holdings Q1 2026 revenue rose 11% to $2.0 billion, while net loss narrowed to $333 million.
  • Adjusted corporate EBITDA loss narrowed 47% to $161 million, with margin improving to -8% from -17%.
  • Revenue per unit per month increased 5% to $1,353, while depreciation per unit per month fell 13% to $312.
  • Liquidity totaled $837 million as of March 31, including $583 million of unrestricted cash, with an additional ABS financing completed in April adding $200 million of liquidity in Q2.


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