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Side-by-side financial comparison of AVIS BUDGET GROUP, INC. (CAR) and LOGITECH INTERNATIONAL S.A. (LOGI). 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 $1.4B, roughly 1.9× LOGITECH INTERNATIONAL S.A.). LOGITECH INTERNATIONAL S.A. runs the higher net margin — 17.7% vs -28.0%, a 45.7% gap on every dollar of revenue. On growth, LOGITECH INTERNATIONAL S.A. posted the faster year-over-year revenue change (6.1% vs -1.7%). Over the past eight quarters, LOGITECH INTERNATIONAL S.A.'s revenue compounded faster (18.5% CAGR vs 2.2%).

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.

Logitech International S.A. is a Swiss multinational manufacturer of computer peripherals and software. Headquartered in Lausanne, Switzerland, the company has offices throughout Europe, Asia, Oceania, and the Americas. It is a component of the Swiss Market Index, and is listed on the Nasdaq.

CAR vs LOGI — Head-to-Head

Bigger by revenue
CAR
CAR
1.9× larger
CAR
$2.7B
$1.4B
LOGI
Growing faster (revenue YoY)
LOGI
LOGI
+7.8% gap
LOGI
6.1%
-1.7%
CAR
Higher net margin
LOGI
LOGI
45.7% more per $
LOGI
17.7%
-28.0%
CAR
Faster 2-yr revenue CAGR
LOGI
LOGI
Annualised
LOGI
18.5%
2.2%
CAR

Income Statement — Q4 FY2025 vs Q3 FY2026

Metric
CAR
CAR
LOGI
LOGI
Revenue
$2.7B
$1.4B
Net Profit
$-747.0M
$251.0M
Gross Margin
43.2%
Operating Margin
-27.8%
20.1%
Net Margin
-28.0%
17.7%
Revenue YoY
-1.7%
6.1%
Net Profit YoY
61.8%
25.4%
EPS (diluted)
$-21.11
$1.69

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
LOGI
LOGI
Q4 25
$2.7B
$1.4B
Q3 25
$3.5B
$1.2B
Q2 25
$3.0B
$1.1B
Q1 25
$2.4B
$1.0B
Q4 24
$2.7B
$1.3B
Q3 24
$3.5B
$1.1B
Q2 24
$3.0B
$1.1B
Q1 24
$2.6B
$1.0B
Net Profit
CAR
CAR
LOGI
LOGI
Q4 25
$-747.0M
$251.0M
Q3 25
$359.0M
$170.7M
Q2 25
$4.0M
$146.0M
Q1 25
$-505.0M
$144.1M
Q4 24
$-2.0B
$200.1M
Q3 24
$237.0M
$145.5M
Q2 24
$14.0M
$141.8M
Q1 24
$-114.0M
$167.6M
Gross Margin
CAR
CAR
LOGI
LOGI
Q4 25
43.2%
Q3 25
43.4%
Q2 25
41.7%
Q1 25
43.1%
Q4 24
42.9%
Q3 24
43.6%
Q2 24
42.8%
Q1 24
43.2%
Operating Margin
CAR
CAR
LOGI
LOGI
Q4 25
-27.8%
20.1%
Q3 25
13.4%
16.1%
Q2 25
0.5%
14.1%
Q1 25
-27.9%
10.5%
Q4 24
-104.8%
17.5%
Q3 24
9.5%
14.4%
Q2 24
0.9%
14.1%
Q1 24
-5.6%
12.9%
Net Margin
CAR
CAR
LOGI
LOGI
Q4 25
-28.0%
17.7%
Q3 25
10.2%
14.4%
Q2 25
0.1%
12.7%
Q1 25
-20.8%
14.3%
Q4 24
-72.3%
14.9%
Q3 24
6.8%
13.0%
Q2 24
0.5%
13.0%
Q1 24
-4.5%
16.6%
EPS (diluted)
CAR
CAR
LOGI
LOGI
Q4 25
$-21.11
$1.69
Q3 25
$10.11
$1.15
Q2 25
$0.10
$0.98
Q1 25
$-14.35
$0.94
Q4 24
$-55.08
$1.32
Q3 24
$6.65
$0.95
Q2 24
$0.41
$0.92
Q1 24
$-3.21
$1.07

Balance Sheet & Financial Strength

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

Metric
CAR
CAR
LOGI
LOGI
Cash + ST InvestmentsLiquidity on hand
$519.0M
$1.8B
Total DebtLower is stronger
Stockholders' EquityBook value
$-3.1B
$2.3B
Total Assets
$31.3B
$4.1B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
CAR
CAR
LOGI
LOGI
Q4 25
$519.0M
$1.8B
Q3 25
$564.0M
$1.4B
Q2 25
$541.0M
$1.5B
Q1 25
$516.0M
$1.5B
Q4 24
$534.0M
$1.5B
Q3 24
$602.0M
$1.4B
Q2 24
$511.0M
$1.5B
Q1 24
$522.0M
$1.5B
Stockholders' Equity
CAR
CAR
LOGI
LOGI
Q4 25
$-3.1B
$2.3B
Q3 25
$-2.4B
$2.1B
Q2 25
$-2.7B
$2.2B
Q1 25
$-2.8B
$2.1B
Q4 24
$-2.3B
$2.1B
Q3 24
$-238.0M
$2.1B
Q2 24
$-490.0M
$2.2B
Q1 24
$-515.0M
$2.2B
Total Assets
CAR
CAR
LOGI
LOGI
Q4 25
$31.3B
$4.1B
Q3 25
$32.5B
$3.7B
Q2 25
$32.4B
$3.7B
Q1 25
$29.0B
$3.5B
Q4 24
$29.0B
$3.7B
Q3 24
$32.7B
$3.6B
Q2 24
$33.9B
$3.7B
Q1 24
$33.5B
$3.6B

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
LOGI
LOGI
Operating Cash FlowLast quarter
$437.0M
$480.5M
Free Cash FlowOCF − Capex
$465.6M
FCF MarginFCF / Revenue
32.8%
Capex IntensityCapex / Revenue
1.0%
Cash ConversionOCF / Net Profit
1.91×
TTM Free Cash FlowTrailing 4 quarters
$903.6M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
CAR
CAR
LOGI
LOGI
Q4 25
$437.0M
$480.5M
Q3 25
$1.4B
$228.8M
Q2 25
$837.0M
$125.0M
Q1 25
$619.0M
$129.7M
Q4 24
$772.0M
$370.9M
Q3 24
$1.3B
$166.0M
Q2 24
$884.0M
$176.0M
Q1 24
$589.0M
$239.1M
Free Cash Flow
CAR
CAR
LOGI
LOGI
Q4 25
$465.6M
Q3 25
$212.3M
Q2 25
$108.8M
Q1 25
$116.9M
Q4 24
$356.6M
Q3 24
$151.5M
Q2 24
$161.4M
Q1 24
$228.8M
FCF Margin
CAR
CAR
LOGI
LOGI
Q4 25
32.8%
Q3 25
17.9%
Q2 25
9.5%
Q1 25
11.6%
Q4 24
26.6%
Q3 24
13.6%
Q2 24
14.8%
Q1 24
22.6%
Capex Intensity
CAR
CAR
LOGI
LOGI
Q4 25
1.0%
Q3 25
1.4%
Q2 25
1.4%
Q1 25
1.3%
Q4 24
1.1%
Q3 24
1.3%
Q2 24
1.3%
Q1 24
1.0%
Cash Conversion
CAR
CAR
LOGI
LOGI
Q4 25
1.91×
Q3 25
3.91×
1.34×
Q2 25
209.25×
0.86×
Q1 25
0.90×
Q4 24
1.85×
Q3 24
5.37×
1.14×
Q2 24
63.14×
1.24×
Q1 24
1.43×

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%

LOGI
LOGI

Retail Gaming$482.7M34%
Retail Keyboards Desktops$254.6M18%
Retail Pointing Devices$241.2M17%
Retail Video Collaboration$193.3M14%
Retail Tablet And Other Accessories$93.6M7%
Retail Webcams$82.3M6%
Retail Headsets$45.9M3%
Other Retail Products$28.0M2%

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