HERTZ GLOBAL HOLDINGS, INCHTZEarnings & Financial Report
Hertz Global Holdings, Inc., known as Hertz, is an American car rental company based in Estero, Florida. The company operates its namesake Hertz brand, along with the brands Dollar Rent A Car, Firefly Car Rental, and Thrifty Car Rental.
Revenue
$2.4B
Gross Profit
N/A
Operating Profit
$-473.0M
Net Profit
$-865.0M
Gross Margin
N/A
Operating Margin
-20.1%
Net Margin
-36.8%
YoY Growth
-3.4%
EPS
$-2.82
HERTZ GLOBAL HOLDINGS, INC Q2 FY2024 Financial Summary
HERTZ GLOBAL HOLDINGS, INC reported revenue of $2.4B (down 3.4% YoY) for Q2 FY2024, with a net profit of $-865.0M (down 722.3% YoY) (-36.8% margin).
Key Financial Metrics
| Total Revenue | $2.4B |
|---|---|
| Net Profit | $-865.0M |
| Gross Margin | N/A |
| Operating Margin | -20.1% |
| Report Period | Q2 FY2024 |
Revenue Breakdown
HERTZ GLOBAL HOLDINGS, INC Q2 FY2024 revenue of $2.4B breaks down across 2 segments, led by Americas Rental Car at $1.9B (81.9% of total).
| Segment | Revenue | % of Total |
|---|---|---|
| Americas Rental Car | $1.9B | 81.9% |
| International Car Rental | $425.0M | 18.1% |
HERTZ GLOBAL HOLDINGS, INC Annual Revenue by Year
HERTZ GLOBAL HOLDINGS, INC annual revenue history includes year-by-year totals (for example, 2025 revenue was $8.5B).
| Year | Annual Revenue |
|---|---|
| 2025 | $8.5B |
| 2024 | $9.0B |
| 2023 | $9.4B |
| 2022 | $8.7B |
HERTZ GLOBAL HOLDINGS, INC Quarterly Revenue & Net Profit History
HERTZ GLOBAL HOLDINGS, 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 | $2.0B | -0.6% | $-194.0M | -9.6% |
| Q3 FY2025 | $2.5B | -3.8% | $184.0M | 7.4% |
| Q2 FY2025 | $2.2B | -7.1% | $-294.0M | -13.5% |
| Q1 FY2025 | $1.8B | -12.8% | $-443.0M | -24.4% |
| Q4 FY2024 | $2.0B | -6.6% | $-479.0M | -23.5% |
| Q3 FY2024 | $2.6B | -4.7% | $-1.3B | -51.7% |
| Q2 FY2024 | $2.4B | -3.4% | $-865.0M | -36.8% |
| Q1 FY2024 | $2.1B | +1.6% | $-186.0M | -8.9% |
Income Statement
| Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $2.08B | $2.35B | $2.58B | $2.04B | $1.81B | $2.19B | $2.48B | $2.03B |
| YoY Growth | 1.6% | -3.4% | -4.7% | -6.6% | -12.8% | -7.1% | -3.8% | -0.6% |
Balance Sheet
| Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|---|
| Assets | $24.31B | $25.18B | $22.98B | $21.80B | $22.05B | $23.08B | $22.99B | $22.31B |
| Liabilities | $21.50B | $23.23B | $22.30B | $21.65B | $22.31B | $23.59B | $23.31B | $22.77B |
| Equity | $2.81B | $1.96B | $681.0M | $153.0M | $-262.0M | $-504.0M | $-317.0M | $-459.0M |
Cash Flow
| Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|---|
| Operating CF | $370.0M | $546.0M | $894.0M | $414.0M | $251.0M | $346.0M | $835.0M | $193.0M |