AVIS BUDGET GROUP, INC.CAREarnings & Financial Report
Avis Budget Group, Inc. is an American car rental agency holding company headquartered in Parsippany, New Jersey. It is the parent company of several brands including Avis Car Rental, Budget Rent a Car, Budget Truck Rental, Payless Car Rental, and Zipcar.
Revenue
$3.0B
Gross Profit
N/A
Operating Profit
$15.0M
Net Profit
$4.0M
Gross Margin
N/A
Operating Margin
0.5%
Net Margin
0.1%
YoY Growth
-0.3%
EPS
$0.10
AVIS BUDGET GROUP, INC. Q2 FY2025 Financial Summary
AVIS BUDGET GROUP, INC. reported revenue of $3.0B (down 0.3% YoY) for Q2 FY2025, with a net profit of $4.0M (down 71.4% YoY) (0.1% margin).
Key Financial Metrics
| Total Revenue | $3.0B |
|---|---|
| Net Profit | $4.0M |
| Gross Margin | N/A |
| Operating Margin | 0.5% |
| Report Period | Q2 FY2025 |
Revenue Breakdown
AVIS BUDGET GROUP, INC. Q2 FY2025 revenue of $3.0B breaks down across 3 segments, led by Avis at $1.7B (56.5% of total).
| Segment | Revenue | % of Total |
|---|---|---|
| Avis | $1.7B | 56.5% |
| Budget | $1.1B | 37.3% |
| Other Brands | $188.0M | 6.2% |
AVIS BUDGET GROUP, INC. Revenue by Segment — Quarterly Trend
AVIS BUDGET GROUP, INC. revenue by segment across the last 4 reported quarters, showing how each business line (such as Avis and Budget) has evolved quarter over quarter.
| Segment | Q4 FY2025 | Q3 FY2025 | Q2 FY2025 | Q1 FY2025 |
|---|---|---|---|---|
| Avis | $1.5B | $2.0B | $1.7B | $1.4B |
| Budget | $979.0M | $1.3B | $1.1B | $885.0M |
| Other Brands | $171.0M | $192.0M | $188.0M | $173.0M |
AVIS BUDGET GROUP, INC. Annual Revenue by Year
AVIS BUDGET GROUP, INC. annual revenue history includes year-by-year totals (for example, 2025 revenue was $11.7B).
| Year | Annual Revenue |
|---|---|
| 2025 | $11.7B |
| 2024 | $11.8B |
| 2023 | $12.0B |
| 2022 | $12.0B |
AVIS BUDGET GROUP, INC. Quarterly Revenue & Net Profit History
AVIS BUDGET GROUP, INC. results over the last 8 reported quarters, including revenue, net profit and year-over-year growth.
| Quarter | Revenue | Revenue YoY | Net Profit | Net Margin |
|---|---|---|---|---|
| Q4 FY2025 | $2.7B | -1.7% | $-747.0M | -28.0% |
| Q3 FY2025 | $3.5B | +1.1% | $359.0M | 10.2% |
| Q2 FY2025 | $3.0B | -0.3% | $4.0M | 0.1% |
| Q1 FY2025 | $2.4B | -4.7% | $-505.0M | -20.8% |
| Q4 FY2024 | $2.7B | -2.0% | $-2.0B | -72.3% |
| Q3 FY2024 | $3.5B | -2.4% | $237.0M | 6.8% |
| Q2 FY2024 | $3.0B | -2.4% | $14.0M | 0.5% |
| Q1 FY2024 | $2.6B | -0.2% | $-114.0M | -4.5% |
Income Statement
| Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $2.55B | $3.05B | $3.48B | $2.71B | $2.43B | $3.04B | $3.52B | $2.66B |
| YoY Growth | -0.2% | -2.4% | -2.4% | -2.0% | -4.7% | -0.3% | 1.1% | -1.7% |
Balance Sheet
| Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|---|
| Assets | $33.53B | $33.88B | $32.75B | $29.04B | $29.04B | $32.37B | $32.52B | $31.26B |
| Liabilities | $34.04B | $34.37B | $32.99B | $31.37B | $31.87B | $35.12B | $34.92B | $34.39B |
| Equity | $-515.0M | $-490.0M | $-238.0M | $-2.33B | $-2.82B | $-2.75B | $-2.40B | $-3.13B |
Cash Flow
| Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|---|
| Operating CF | $589.0M | $884.0M | $1.27B | $772.0M | $619.0M | $837.0M | $1.40B | $437.0M |