Avis Budget Group, Inc. (CAR) Financial Statements
Industry: Auto Rental & Leasing (No Drivers) (Services)
In fiscal 2025, Avis Budget reported revenue of $11.65B, down 1.2% from $11.79B the year before. Net income was -$889.0M (a -7.6% net margin), or -$25.25 per diluted share. Gross margin was -8.0% and operating margin was -20.4%. Operating activities generated $3.30B of cash. At fiscal year end, Avis Budget held $31.26B in total assets against $34.39B in total liabilities, including $519.0M of cash and equivalents.
Open the full interactive Avis Budget financials → Quarterly statements, key ratios, valuation history and price charts.
Avis Budget Key Stats
| Share Price | $107.60 |
|---|---|
| Market Cap | $3.84B |
| Revenue YoY Growth | -1.2% |
| 52-Week Range | $87.69 – $713.97 |
| Shares Outstanding | 35.3 million (basic, 2026 Q2) |
Avis Budget Income Statement
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Revenue | $5.40B | $9.31B | $11.99B | $12.01B | $11.79B | $11.65B |
| Cost of Goods Sold | $6.36B | $7.61B | $8.36B | $10.09B | $14.42B | $12.58B |
| Gross Profit | -$956.0M | $1.71B | $3.64B | $1.91B | -$2.63B | -$929.0M |
| Operating Income | -$1.66B | $563.0M | $2.29B | $506.0M | -$3.98B | -$2.38B |
| Pre-Tax Income | -$956.0M | $1.71B | $3.64B | $1.91B | -$2.63B | -$929.0M |
| Income Tax | -$272.0M | $425.0M | $880.0M | $279.0M | -$810.0M | $66.0M |
| Net Income | -$684.0M | $1.28B | $2.76B | $1.63B | -$1.82B | -$889.0M |
| Diluted EPS | -$9.71 | $19.44 | $57.16 | $42.08 | -$51.23 | -$25.25 |
Avis Budget Quarterly Results
| 2025 Q3 | 2025 Q4 | 2026 Q1 | 2026 Q2 | |
|---|---|---|---|---|
| Revenue | $3.52B | $2.66B | $2.53B | $3.00B |
| Net Income | $359.0M | -$747.0M | -$283.0M | $35.0M |
| Diluted EPS | $10.11 | -$21.22 | -$8.01 | $0.98 |
Avis Budget Balance Sheet
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | $692.0M | $534.0M | $570.0M | $555.0M | $534.0M | $519.0M |
| Current Assets | $1.79B | $1.85B | $1.89B | $2.14B | $2.03B | $2.09B |
| Total Assets | $17.54B | $22.60B | $25.93B | $32.57B | $29.04B | $31.26B |
| Current Liabilities | $2.05B | $2.41B | $2.57B | $2.66B | $2.72B | $2.89B |
| Total Long-Term Debt | $4.19B | $4.01B | $4.64B | $4.79B | $5.37B | $6.05B |
| Total Liabilities | $17.69B | $22.82B | $26.63B | $32.92B | $31.37B | $34.39B |
| Shareholders' Equity | -$155.0M | -$220.0M | -$703.0M | -$349.0M | -$2.33B | -$3.13B |
Avis Budget Cash Flow Statement
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Cash From Operations | $691.0M | $3.49B | $4.71B | $3.83B | $3.52B | $3.30B |
| Cash From Investing | $3.18B | -$6.31B | -$4.30B | -$7.35B | -$2.75B | -$5.16B |
| Cash From Financing | -$4.04B | $2.69B | -$360.0M | $3.51B | -$781.0M | $1.86B |
| Dividends Paid | — | — | — | $355.0M | $0 | $0 |
Figures from Avis Budget's 10-K and 10-Q filings with the SEC, as of 2026-10-14. Fiscal years follow the company's own reporting calendar. EPS and share counts are adjusted for later stock splits. See the full Avis Budget financials page for every line item.
Avis Budget Company Profile
| Ticker | CAR |
|---|---|
| Exchange | Nasdaq |
| Industry | Auto Rental & Leasing (No Drivers) (Services) |
| Headquarters | Parsippany, New Jersey |
| Incorporated in | Delaware |
| Fiscal Year End | December 31 |
| SEC Filer Category | Large accelerated filer |
| SEC CIK | 0000723612 |
Frequently Asked Questions
What was Avis Budget's revenue in fiscal 2025?
Avis Budget (CAR) reported revenue of $11.65B for fiscal 2025.
What is Avis Budget's annual revenue history?
Avis Budget's annual revenue by fiscal year: 2020: $5.40B; 2021: $9.31B; 2022: $11.99B; 2023: $12.01B; 2024: $11.79B; 2025: $11.65B.
What was Avis Budget's net income in fiscal 2025?
Avis Budget reported net income of -$889.0M for fiscal 2025.
What was Avis Budget's earnings per share (EPS) in fiscal 2025?
Avis Budget's diluted EPS was -$25.25 for fiscal 2025 (adjusted for any later stock splits).
What was Avis Budget's revenue last quarter?
In its most recent reported quarter (2026 Q2), Avis Budget reported revenue of $3.00B.
How much debt does Avis Budget have?
Avis Budget reported $6.05B of long-term debt, including the current portion, at the end of fiscal 2025.
How many shares of Avis Budget are outstanding?
Avis Budget reported a weighted average of 35.3 million basic shares outstanding in 2026 Q2.
What is Avis Budget's market cap?
Based on its latest closing price, Avis Budget (CAR) has a market capitalization of about $3.84B.
When does Avis Budget's fiscal year end?
Avis Budget's fiscal year end, as registered with the SEC, is December 31.
Where is Avis Budget headquartered?
Avis Budget lists its business address in Parsippany, New Jersey in its SEC filings.
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