Hertz Global Holdings, Inc. (HTZ) income statement
NASDAQ · Industrials · Rental & Leasing Services · 26,000 employees · CEO Wayne Gilbert West
- Price
- $1.92 -1.03%
- Market cap
- $606M
- Enterprise value
- $21.1B
- Last report
- Q2 '26 filed 2026-08-06
- Next report
- 2026-11-05 EPS est. $0.21
Hertz Global Holdings, Inc. (HTZ) reported revenue of $2.4B for Q2 '26 (+9.7% year on year), operating income of $171M (7.1% of revenue) and net income of $64M. Over the last four quarters revenue was $8.91B.
Income statement
| Income statement | Trend | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | Q2 '26 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $2.7B | $2.18B | $2.08B | $2.35B | $2.58B | $2.04B | $1.81B | $2.19B | $2.48B | $2.03B | $2B | $2.4B | |
| Cost of revenue | $2.03B | $2.27B | $2.09B | $2.33B | $2.34B | $2B | $1.78B | $1.88B | $1.94B | $1.94B | $1.83B | $1.94B | |
| Gross profit | $670M | -$81M | -$11M | $19M | $232M | $43M | $33M | $309M | $542M | $87M | $176M | $455M | |
| General & administrative | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $258M | |
| Other operating expenses | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $26M | |
| Operating expenses | $217M | $241M | $173M | $240M | $185M | $246M | $219M | $246M | $241M | $251M | $235M | $284M | |
| Operating income | $453M | -$322M | -$184M | -$221M | $47M | -$203M | -$186M | $63M | $301M | -$164M | -$59M | $171M | |
| Interest expense | $218M | $208M | $216M | $234M | $243M | $267M | $267M | $384M | $247M | $179M | $277M | $259M | |
| Other non-operating income (gains on investments, FX ...) | -$324M | -$37M | $181M | $18M | $1.42B | $93M | $72M | -$5M | -$180M | -$120M | -$32M | -$159M | |
| Total non-operating income | $106M | -$171M | -$397M | -$252M | -$1.67B | -$360M | -$339M | -$379M | -$67M | -$59M | -$245M | -$100M | |
| Income before tax | $559M | -$493M | -$581M | -$473M | -$1.62B | -$563M | -$525M | -$316M | $234M | -$223M | -$304M | $71M | |
| Income tax | -$70M | -$145M | -$395M | $392M | -$288M | -$84M | -$82M | -$22M | $50M | -$29M | $29M | $7M | |
| Net income | $629M | -$348M | -$186M | -$865M | -$1.33B | -$479M | -$443M | -$294M | $184M | -$194M | -$333M | $64M | |
| EPS (basic) | $2.02 | -$1.14 | -$0.61 | -$2.82 | -$4.34 | -$1.56 | -$1.44 | -$0.95 | $0.59 | -$0.62 | -$1.06 | $0.20 | |
| EPS (diluted) | $0.92 | -$1.14 | -$0.61 | -$2.82 | -$4.34 | -$1.56 | -$1.44 | -$0.95 | $0.51 | -$0.62 | -$1.06 | $0.06 | |
| Shares (basic, weighted) | 311M | 306M | 305M | 306M | 307M | 307M | 307M | 309M | 311M | 310M | 314M | 317M | |
| Shares (diluted, weighted) | 327M | 306M | 305M | 306M | 307M | 307M | 307M | 309M | 364M | 322M | 314M | 418M | |
| Depreciation & amortization | $639M | $981M | $1.1B | $1.17B | $1.06B | $796M | $654M | $487M | $532M | $592M | $563M | $568M | |
| EBITDA | $1.42B | $696M | $737M | $926M | -$318M | $500M | $396M | $555M | $1.01B | $548M | $536M | $898M |
| Income statement | Trend | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $8.8B | $8.8B | $9.5B | $9.78B | $5.26B | $7.34B | $8.69B | $9.37B | $9.05B | $8.5B | |
| Cost of revenue | $7.2B | $7.41B | $7.78B | $8.05B | $5.63B | $4.6B | $5.65B | $7.64B | $8.77B | $7.53B | |
| Gross profit | $1.6B | $1.39B | $1.73B | $1.73B | -$376M | $2.74B | $3.03B | $1.73B | $283M | $971M | |
| Operating expenses | $989M | $982M | $1.14B | $969M | $516M | $672M | $959M | $954M | $845M | $957M | |
| Operating income | $610M | $411M | $584M | $759M | -$892M | $2.07B | $2.08B | $774M | -$562M | $14M | |
| Interest expense | $569M | $624M | $717M | $762M | $608M | $469M | $455M | $787M | $961M | $1.08B | |
| Other non-operating income (gains on investments, FX ...) | $511M | $362M | $124M | -$16M | $552M | $915M | -$829M | -$299M | $1.71B | -$233M | |
| Total non-operating income | -$1.08B | -$986M | -$841M | -$746M | -$1.16B | -$1.38B | $374M | -$488M | -$2.68B | -$844M | |
| Income before tax | -$470M | -$575M | -$257M | $13M | -$2.05B | $683M | $2.45B | $286M | -$3.24B | -$830M | |
| Income tax | $4M | -$902M | -$30M | $63M | -$329M | $318M | $390M | -$330M | -$375M | -$83M | |
| Net income | -$491M | $327M | -$225M | -$58M | -$1.71B | $366M | $2.06B | $616M | -$2.86B | -$747M | |
| EPS (basic) | -$5.85 | $3.44 | -$2.34 | -$0.43 | -$11.44 | -$0.27 | $5.43 | $1.97 | -$9.34 | -$2.41 | |
| EPS (diluted) | -$5.85 | $3.44 | -$2.34 | -$0.43 | -$11.44 | -$0.27 | $3.36 | $1.39 | -$9.34 | -$2.41 | |
| Shares (basic, weighted) | 96M | 94.8M | 96M | 117M | 150M | 315M | 379M | 313M | 306M | 310M | |
| Shares (diluted, weighted) | 96M | 94.8M | 96M | 117M | 150M | 315M | 403M | 326M | 306M | 322M | |
| Depreciation & amortization | $2.8B | $2.96B | $2.76B | $2.99B | $2.48B | $796M | $951M | $2.57B | $4.12B | $2.27B | |
| EBITDA | $2.9B | $3.01B | $3.22B | $3.77B | $1.04B | $1.95B | $3.86B | $3.64B | $1.85B | $2.51B |
Standardised from the company's filings; outflows and costs keep the sign the provider reports. Hover a period for its end date. Amounts in USD.
Revenue, operating income and growth
quarterlyMargins
quarterlyCosts as % of revenue
quarterlyThe other statements
Sources
Statements, segment revenue, metrics and estimates are standardised from the company's filings. Segment profits and every reported line: SEC EDGAR (XBRL). Filings read: 10-Q 2026-06-30, 10-Q 2026-03-31, 10-K 2025-12-31, 10-Q 2025-09-30, 10-Q 2025-06-30, 10-Q 2025-03-31, 10-K 2024-12-31, 10-Q 2024-09-30, 10-Q 2024-06-30
Data as of 2026-11-02