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 […]