Avis Budget Group Reports First Quarter 2026 Results

PARSIPPANY, N.J., April 29, 2026 (GLOBE NEWSWIRE) -- Avis Budget Group, Inc. (NASDAQ: CAR) announced financial results for the first quarter ended March 31, 2026 today. We ended the quarter with revenues of $2.5 billion, a net loss of $234 million, and an Adjusted EBITDA1 loss of $113 million. “We executed on the changes we outlined last quarter, and the first quarter reflects a meaningful inflection in our operating performance,” said Brian Choi, Avis Budget Group CEO. “With tighter fleet discipline, impro ...

Avis Budget Group Reports First Quarter 2026 Results - Reportify