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Side-by-side financial comparison of AVIS BUDGET GROUP, INC. (CAR) and CoreWeave, Inc. (CRWV). Click either name above to swap in a different company.

AVIS BUDGET GROUP, INC. is the larger business by last-quarter revenue ($2.7B vs $1.6B, roughly 1.7× CoreWeave, Inc.). AVIS BUDGET GROUP, INC. runs the higher net margin — -28.0% vs -28.7%, a 0.7% gap on every dollar of revenue.

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.

CoreWeave, Inc. is an American artificial intelligence (AI) cloud-computing company based in Livingston, New Jersey. It specializes in providing cloud-based graphics processing unit (GPU) infrastructure to AI developers and enterprises, and also develops its own chip management software.

CAR vs CRWV — Head-to-Head

Bigger by revenue
CAR
CAR
1.7× larger
CAR
$2.7B
$1.6B
CRWV
Higher net margin
CAR
CAR
0.7% more per $
CAR
-28.0%
-28.7%
CRWV

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
CAR
CAR
CRWV
CRWV
Revenue
$2.7B
$1.6B
Net Profit
$-747.0M
$-451.7M
Gross Margin
67.6%
Operating Margin
-27.8%
-5.7%
Net Margin
-28.0%
-28.7%
Revenue YoY
-1.7%
Net Profit YoY
61.8%
EPS (diluted)
$-21.11
$-0.50

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
CAR
CAR
CRWV
CRWV
Q4 25
$2.7B
$1.6B
Q3 25
$3.5B
$1.4B
Q2 25
$3.0B
$1.2B
Q1 25
$2.4B
$981.6M
Q4 24
$2.7B
Q3 24
$3.5B
$583.9M
Q2 24
$3.0B
$395.4M
Q1 24
$2.6B
Net Profit
CAR
CAR
CRWV
CRWV
Q4 25
$-747.0M
$-451.7M
Q3 25
$359.0M
$-110.1M
Q2 25
$4.0M
$-290.5M
Q1 25
$-505.0M
$-314.6M
Q4 24
$-2.0B
Q3 24
$237.0M
$-359.8M
Q2 24
$14.0M
$-323.0M
Q1 24
$-114.0M
Gross Margin
CAR
CAR
CRWV
CRWV
Q4 25
67.6%
Q3 25
73.0%
Q2 25
74.2%
Q1 25
73.3%
Q4 24
Q3 24
75.5%
Q2 24
72.5%
Q1 24
Operating Margin
CAR
CAR
CRWV
CRWV
Q4 25
-27.8%
-5.7%
Q3 25
13.4%
3.8%
Q2 25
0.5%
1.6%
Q1 25
-27.9%
-2.8%
Q4 24
-104.8%
Q3 24
9.5%
20.1%
Q2 24
0.9%
19.7%
Q1 24
-5.6%
Net Margin
CAR
CAR
CRWV
CRWV
Q4 25
-28.0%
-28.7%
Q3 25
10.2%
-8.1%
Q2 25
0.1%
-24.0%
Q1 25
-20.8%
-32.1%
Q4 24
-72.3%
Q3 24
6.8%
-61.6%
Q2 24
0.5%
-81.7%
Q1 24
-4.5%
EPS (diluted)
CAR
CAR
CRWV
CRWV
Q4 25
$-21.11
$-0.50
Q3 25
$10.11
$-0.22
Q2 25
$0.10
$-0.60
Q1 25
$-14.35
$-1.49
Q4 24
$-55.08
Q3 24
$6.65
$-1.82
Q2 24
$0.41
$-1.62
Q1 24
$-3.21

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
CAR
CAR
CRWV
CRWV
Cash + ST InvestmentsLiquidity on hand
$519.0M
$3.2B
Total DebtLower is stronger
$21.4B
Stockholders' EquityBook value
$-3.1B
$3.3B
Total Assets
$31.3B
$49.3B
Debt / EquityLower = less leverage
6.41×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
CAR
CAR
CRWV
CRWV
Q4 25
$519.0M
$3.2B
Q3 25
$564.0M
$1.9B
Q2 25
$541.0M
$1.2B
Q1 25
$516.0M
$1.3B
Q4 24
$534.0M
Q3 24
$602.0M
$1.4B
Q2 24
$511.0M
$1.0B
Q1 24
$522.0M
Total Debt
CAR
CAR
CRWV
CRWV
Q4 25
$21.4B
Q3 25
$14.0B
Q2 25
$11.1B
Q1 25
$8.7B
Q4 24
Q3 24
Q2 24
Q1 24
Stockholders' Equity
CAR
CAR
CRWV
CRWV
Q4 25
$-3.1B
$3.3B
Q3 25
$-2.4B
$3.9B
Q2 25
$-2.7B
$2.7B
Q1 25
$-2.8B
$1.9B
Q4 24
$-2.3B
Q3 24
$-238.0M
$-344.0M
Q2 24
$-490.0M
$-1.0B
Q1 24
$-515.0M
Total Assets
CAR
CAR
CRWV
CRWV
Q4 25
$31.3B
$49.3B
Q3 25
$32.5B
$32.9B
Q2 25
$32.4B
$26.2B
Q1 25
$29.0B
$21.9B
Q4 24
$29.0B
Q3 24
$32.7B
Q2 24
$33.9B
Q1 24
$33.5B
Debt / Equity
CAR
CAR
CRWV
CRWV
Q4 25
6.41×
Q3 25
3.62×
Q2 25
4.16×
Q1 25
4.57×
Q4 24
Q3 24
Q2 24
Q1 24

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
CAR
CAR
CRWV
CRWV
Operating Cash FlowLast quarter
$437.0M
$1.6B
Free Cash FlowOCF − Capex
$-2.5B
FCF MarginFCF / Revenue
-159.1%
Capex IntensityCapex / Revenue
258.3%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$-7.3B

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
CAR
CAR
CRWV
CRWV
Q4 25
$437.0M
$1.6B
Q3 25
$1.4B
$1.7B
Q2 25
$837.0M
$-251.3M
Q1 25
$619.0M
$61.2M
Q4 24
$772.0M
Q3 24
$1.3B
Q2 24
$884.0M
Q1 24
$589.0M
Free Cash Flow
CAR
CAR
CRWV
CRWV
Q4 25
$-2.5B
Q3 25
$-699.8M
Q2 25
$-2.7B
Q1 25
$-1.3B
Q4 24
Q3 24
Q2 24
Q1 24
FCF Margin
CAR
CAR
CRWV
CRWV
Q4 25
-159.1%
Q3 25
-51.3%
Q2 25
-223.0%
Q1 25
-137.1%
Q4 24
Q3 24
Q2 24
Q1 24
Capex Intensity
CAR
CAR
CRWV
CRWV
Q4 25
258.3%
Q3 25
175.1%
Q2 25
202.3%
Q1 25
143.4%
Q4 24
Q3 24
Q2 24
Q1 24
Cash Conversion
CAR
CAR
CRWV
CRWV
Q4 25
Q3 25
3.91×
Q2 25
209.25×
Q1 25
Q4 24
Q3 24
5.37×
Q2 24
63.14×
Q1 24

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

CAR
CAR

Avis$1.5B57%
Budget$979.0M37%
Other Brands$171.0M6%

CRWV
CRWV

US$1.4B92%
Non Us$129.3M8%

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