Avis Budget Group, INC

Market Movers (8-K)

NASDAQ
Avis Budget Group reported Q2 2026 results with $3.0 billion in revenue and $63 million in net income, driven by improved vehicle utilization.
Capital raise
NASDAQ
Avis Budget Rental Car Funding (AESOP) LLC has issued $650 million in asset-backed notes secured by its domestic rental fleet.
Capital raise
NASDAQ
Avis Budget Car Rental, LLC and Avis Budget Finance, Inc. have issued $300 million in 8.000% Senior Notes due 2031 to redeem existing 2027 notes.
Capital raise
NASDAQ
Avis Budget Group has announced the appointment of Tina Goldenberg as Vice President and Chief Accounting Officer, effective June 15, 2026.
NASDAQ
Avis Budget Group shareholders re-elected directors, ratified auditor appointment, and approved executive compensation, while rejecting a governance proposal.
NASDAQ
Avis Budget Group has amended and extended its asset-backed variable-funding facilities to increase fleet financing capacity.
Capital raise

Quarterly Earnings (10-Q)

NASDAQ
Avis Budget Group reported a slight revenue decrease in Q2 2026 compared to the prior year, but saw a significant increase in net income attributable to the company, driven by lower fleet costs.
NASDAQ
Avis Budget Group reported a 51% increase in net income for Q3 2025, driven by lower fleet costs and increased volume, despite a net loss for the nine-month period due to accelerated fleet disposal charges.
Worse than expected
Capital raise
NASDAQ
Avis Budget Group experienced a significant net loss in the first half of 2025, driven by substantial fleet disposal charges and higher corporate interest expenses, despite a quarterly rise in Adjusted EBITDA.
Worse than expected
Capital raise
NASDAQ
Avis Budget Rental Car Funding (AESOP) LLC amends and restates multiple series supplements to its base indenture, primarily concerning the issuance of Class D Notes and additional Class R Notes.
Capital raise
NASDAQ
Avis Budget Group's third-quarter earnings declined significantly year-over-year due to increased fleet and interest expenses, despite consistent rental volume.
Worse than expected
NASDAQ
Avis Budget Group's second-quarter results show a decrease in net income due to increased fleet and interest costs, despite a slight increase in rental volume.
Worse than expected

Annual Reports (10-K)

NASDAQ
Avis Budget Group reported a significant reduction in net losses and an increase in Adjusted EBITDA for 2025, despite a slight revenue decline, driven by lower impairment charges and strategic fleet adjustments.
Capital raise
Better than expected
NASDAQ
Avis Budget Group's 2024 results reveal a substantial net loss driven by fleet impairment charges, despite sustained rental volume.
Worse than expected
Capital raise
NASDAQ
Avis Budget Group has amended its credit agreement to correct a technicality and filed its annual report for the fiscal year ended December 31, 2023, detailing financial performance and strategic outlook.
Worse than expected
Delay expected

Insider Trading (Form 4)

NASDAQ
Ravi Simhambhatla, EVP, CDIO - see remarks of Avis Budget Group, Inc., reported multiple transactions in common stock on July 26, 2026.
NASDAQ
Daniel Crestian Cunha, EVP and CFO of Avis Budget Group, Inc., reported multiple transactions in common stock on July 23, 2026.
NASDAQ
Pentwater Capital Management LP and Matthew Halbower have filed a Form 4/A detailing their beneficial ownership of call options on Avis Budget Group, Inc. common stock.
NASDAQ
Pentwater Capital Management LP and Matthew Halbower have filed a Form 4/A detailing their beneficial ownership of call options on Avis Budget Group, Inc. common stock.
NASDAQ
Pentwater Capital Management LP and Matthew Halbower have filed an amended Form 4 detailing their beneficial ownership of call options on Avis Budget Group, Inc. (CAR) common stock.
NASDAQ
Pentwater Capital Management LP and Matthew Halbower have filed a Form 4/A detailing changes in their beneficial ownership of AVIS BUDGET GROUP, INC. (CAR) common stock and related call options.

Proxy Statements (Def-14A)

NASDAQ
Avis Budget Group's 2026 proxy statement outlines director elections, executive compensation, and a shareholder proposal regarding majority voting.
Worse than expected
NASDAQ
Avis Budget Group has filed a definitive proxy statement with the SEC.
NASDAQ
Avis Budget Group is proposing several amendments to its certificate of incorporation, including removing supermajority voting provisions, at its upcoming annual meeting.
Worse than expected
NASDAQ
Avis Budget Group, Inc. has filed a proxy statement with the Securities and Exchange Commission.
NASDAQ
Avis Budget Group will hold its annual shareholder meeting virtually on May 22, 2024, to vote on director elections, auditor ratification, and executive compensation.

Schedule 13G - Passive Investments

NASDAQ
Jane Street Group, along with its affiliates, has reported a beneficial ownership of 75,179 shares, representing 0.2% of the common stock in Avis Budget Group.
NASDAQ
Pentwater Capital Management LP and Matthew Halbower have reported beneficial ownership of 7.3% of Avis Budget Group, Inc. common stock as of April 30, 2026.
NASDAQ
Pentwater Capital Management LP and Matthew Halbower have reported beneficial ownership of 22.2% of Avis Budget Group, Inc. common stock, totaling 7,824,100 shares.
NASDAQ
Pentwater Capital Management LP and Matthew Halbower have disclosed a 12.3% beneficial ownership stake in Avis Budget Group, Inc., totaling 4,327,200 shares.
NASDAQ
A group of Susquehanna-affiliated entities has disclosed a 3.6% beneficial ownership stake in Avis Budget Group, Inc., totaling 1,275,526 shares.
NASDAQ
Jane Street Group, LLC and its affiliates have reported a 5.4% beneficial ownership stake in Avis Budget Group, Inc. common stock.