Avis Budget Q2 FY26 net income rises to $63 million; revenue totals $3 billion
CAR•Q2 results and operating metrics
Avis Budget Group posted Q2 revenue of $3 billion, with net income of $63 million.
Adjusted EBITDA (non-GAAP) totaled $286 million.
Total company vehicle utilization rose 1.9 percentage points year over year to 72.6%, with the Americas up 2.5 points to a Q2 record 73.2%.
Per-unit fleet costs fell 4% from Q2 2025 to $290 per month, excluding exchange-rate effects.
Management said it resized fleet as booking trends shifted; the Waymo autonomous partnership went live in Dallas on June 1.
