Avis Budget Group — Third Quarter 2026 Earnings Summary

Avis Budget Group reported third-quarter 2026 results with total revenues of $3.4 billion, net income of $199 million, and Adjusted EBITDA of $513 million. The company achieved record-high vehicle utilization rates of 74.0% globally and 74.1% in the Americas, marking the best performance in twenty years despite softer travel demand. Total company revenue per day reached $71.54, excluding exchange rate effects, representing the third consecutive quarter of year-over-year growth. Additionally, the company maintained a liquidity position of $866 million with $2.5 billion in available fleet funding capacity.