Avis Budget Group Reports Second Quarter Results
PARSIPPANY, N.J., July 29, 2025 – Avis Budget Group, Inc. (NASDAQ: CAR) announced financial results for second quarter 2025 today. We ended the quarter with revenues of $3.0 billion, net income of $5 million, and Adjusted EBITDA1 of $277 million. STRATEGIC ANNOUNCEMENTS “At Avis Budget Group, we’re building to scale where we hold structural advantages. […]
Avis Budget Group Announces Multi-Year Strategic Partnership with Waymo
Parsippany, N.J., July 29, 2025 – Avis Budget Group, Inc. (NASDAQ: CAR), a leading global provider of mobility solutions, today announced a multi-year strategic partnership with Waymo, the leader in self-driving technology, to launch and scale a fully autonomous ride-hailing service in Dallas. Through this agreement, Avis Budget Group will serve as Waymo’s fleet operations partner in […]
Fly Any Class, Drive First Class: Welcome to Avis First
The first rental experience to offer curbside pickup, premium vehicles and a personal concierge PARSIPPANY, N.J., July 28, 2025 – Imagine this. You’ve just landed. Instead of wandering through a crowded parking garage or waiting for a shuttle, a welcome message pops up through your Avis app. By the time you reach the airport exit, […]
Avis Budget Group Announces Chief Financial Officer Transition
PARSIPPANY, N.J., June 09, 2025 (GLOBE NEWSWIRE) — Avis Budget Group, Inc. (NASDAQ: CAR) today announced the appointment of Daniel Cunha as Chief Financial Officer, effective July 1, 2025. Mr. Cunha will lead ABG’s finance functions and partner with other senior leaders to set and deliver on the Company’s long-term strategic and financial objectives. Izzy […]
Avis Budget Group Reports First Quarter Results
PARSIPPANY, N.J., May 07, 2025 (GLOBE NEWSWIRE) — Avis Budget Group, Inc. (NASDAQ: CAR) announced financial results for first quarter 2025 today. We ended the quarter with revenues of $2.4 billion, net loss of $505 million, and an Adjusted EBITDA1 loss of $93 million. During the first quarter, as anticipated, we recorded a non-cash fleet […]
Avis Budget Group to Announce First Quarter 2025 Results on May 7th
Conference Call to Discuss Results Scheduled for May 8th, 2025 PARSIPPANY, N.J., April 17, 2025 (GLOBE NEWSWIRE) — Avis Budget Group, Inc. (NASDAQ: CAR) announced today that it plans to report its first quarter 2025 results after the market close on Wednesday, May 7th, 2025, and to host a conference call for institutional investors to […]
Avis Budget Group Reports Fourth Quarter and Full Year Results
PARSIPPANY, N.J., Feb. 11, 2025 (GLOBE NEWSWIRE) — Avis Budget Group, Inc. (NASDAQ: CAR) announced financial results for the fourth quarter and full year ended December 31, 2024 today. We ended 2024 with fourth quarter revenues of $2.7 billion, driven by strong leisure holiday travel. Net loss was nearly $2 billion, and Adjusted EBITDA1 was a loss of $101 million. […]
Avis Budget Group to Announce Fourth Quarter 2024 Results on February 11th
Conference Call to Discuss Results Scheduled for February 12th, 2025 PARSIPPANY, N.J., Feb. 07, 2025 (GLOBE NEWSWIRE) — Avis Budget Group, Inc. (NASDAQ: CAR) announced today that it plans to report its fourth quarter 2024 results after the market close on Tuesday, February 11th, 2025, and to host a conference call for institutional investors to discuss these […]
Avis Budget Group Reports Third Quarter Results
PARSIPPANY, N.J., Oct. 31, 2024 (GLOBE NEWSWIRE) — Avis Budget Group, Inc. (NASDAQ: CAR) announced financial results for third quarter 2024 today. We ended the quarter with revenues of nearly $3.5 billion, net income of $238 million, and Adjusted EBITDA1 of $503 million. “We maintained a strong focus on pricing throughout the quarter, prioritizing higher […]
Avis Budget Group to Announce Third Quarter 2024 Results on October 31st
Conference Call to Discuss Results Scheduled for November 1st, 2024 PARSIPPANY, N.J., Oct. 25, 2024 (GLOBE NEWSWIRE) — Avis Budget Group, Inc. (NASDAQ: CAR) announced today that it plans to report its third quarter 2024 results after the market close on Thursday, October 31st, 2024, and to host a conference call for institutional investors to discuss these […]