NYSE$HTZ

Hertz Global Holdings Inc · Q2 2025 earnings

Q2 2025 earnings · · Before market open · Investor relations

Briefing

Hertz Global Holdings Inc reported a net loss of $294 million for Q2 2025 amid lower revenues and improved vehicle depreciation costs.

Hertz posted revenues of $2.185 billion for the quarter ended June 30, 2025, down from $2.353 billion a year earlier due to softer pricing and volumes. The company narrowed its net loss to $294 million from $865 million in Q2 2024, aided by sharply lower depreciation on its rental fleet. Operating cash flow remained positive at $598 million for the first half of the year.

  • Q2 revenues fell 7% year-over-year to $2.185 billion on lower transaction days and pricing.
  • Net loss improved to $294 million from $865 million as depreciation expense dropped 60%.
  • Americas RAC segment generated $1.738 billion in revenue while International RAC contributed $447 million.
  • Cash and cash equivalents stood at $503 million with $626 million in restricted cash at quarter end.

Headline financials

Total Revenue

$2.19B

Previous: $2.35B-7.1%
EPS (adj)

-$0.95

Previous: -$2.82+66.3%
Capital Expenditures

-$44M

Previous: -$59M+25.4%
Net Income

-$294M

Previous: -$865M+66.0%
Operating Income

$222M

Previous: -$466M+147.6%
Cash & Equivalents

$503M

No prior period

Revenue & EPS history

Hertz · Revenue · Quarterly

$2.19B

Q2 2025-7.1%vs Q2 2024
Beat estimate in 10 of 16 quarters(63%)
ActualEstimate

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 18 quarterly earnings reports

Historical avg

+1.7%

Avg return

Earnings day

+2.5%

Avg return

5 days after

-3.5%

Avg return

30 days after

53%

10 / 19 earnings

Positive

+36.2%

Q3 2025

Best reaction

-23.8%

Q1 2024

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q2 2025
Q1 2026-1.6%-4.1%-17.4%
Q4 2025+1.8%-1.8%+4.1%
Q3 2025+36.2%+33.2%+4.0%
Q1 2025-17.2%-4.0%-12.2%
Q4 2024-8.5%+5.4%-10.4%
Q3 2024+12.5%+20.2%+27.0%
Q2 2024-9.3%-11.0%-25.5%
Q1 2024-23.8%-21.6%-17.6%
Q4 2023+6.7%+2.8%-8.6%
Q3 2023-14.8%-16.7%-15.1%
Q2 2023-11.1%-8.2%-5.9%
Q1 2023+10.1%+7.0%+4.6%
Q4 2022+7.5%+3.6%+4.5%
Q3 2022-1.0%-5.3%-9.9%
Q2 2022+23.0%+18.2%+9.1%
Q1 2022-4.7%-11.0%-12.6%
Q4 2021+10.0%+13.1%+26.1%
Q3 2021+14.8%+29.8%-11.6%
Q2 2021+2.4%-2.7%+0.4%
Q1 2021
Q4 2020
Q3 2020
Q2 2020
Q1 2020
Q4 2019
Q3 2019
Q2 2019
Q1 2019
Q4 2018
Q3 2018
Q2 2018
Q1 2018
Q4 2017
Q3 2017
Q2 2017
Q1 2017
Q4 2016
Q3 2016
Q2 2016
Q1 2016
Q4 2015
Q3 2015
Q2 2015
Q1 2015
Q4 2014
Q3 2014
Q2 2014
Q1 2014
Q4 2013
Q3 2013
Q2 2013
Q1 2013
Q4 2012
Q3 2012
Q2 2012
Q1 2012
Q4 2011
Q3 2011
Q2 2011
Q1 2011
Q4 2010
Q3 2010
Q2 2010
Q1 2010

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