Hertz Q3 2026 net income drops 37% to $116 million
HTZ•Hertz’s third-quarter net income fell 37% year over year to $116 million, while revenue rose 6% to $2.62 billion and operating cash flow dropped 28% to $599 million.
HTZ•Hertz’s third-quarter net income fell 37% year over year to $116 million, while revenue rose 6% to $2.62 billion and operating cash flow dropped 28% to $599 million.
Hertz reported third-quarter 2026 net income of $116 million, down 37% year over year. Revenue rose 6% to $2.62 billion, its strongest quarterly performance in three years, while operating cash flow fell 28% to $599 million.
Oro secured an $80 million strategic equity investment, and Hertz retains majority economic ownership of the mobility business.