Hertz Global Holdings, Inc. (HTZ) quarterly income statement — complete revenue, gross profit & net income history
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 | Q2'21 |
|---|
| Sales/Revenue | 2B | 2.03B | 2.48B | 2.19B | 1.81B | 2.04B | 2.58B | 2.35B | 2.08B | 2.18B | 2.7B | 2.44B | 2.05B | 2.04B | 2.5B | 2.34B | 1.81B | 1.95B | 2.23B | 1.87B |
| Revenue Growth % | 10.54% | -0.59% | -3.8% | -7.14% | -12.84% | -6.59% | -4.7% | -3.45% | 1.61% | 7.32% | 8.29% | 3.97% | 13.09% | 4.41% | 12.13% | 25.15% | 40.42% | 57.81% | 75.55% | 125.12% |
| Cost of Goods Sold | 1.83B | 1.94B | 1.94B | 1.88B | 1.78B | 2B | 2.34B | 2.33B | 2.09B | 2.27B | 2.03B | 1.71B | 1.64B | 1.67B | 1.61B | 1.34B | 1.03B | 1.18B | 1.24B | 1.11B |
| COGS % of Revenue | 91.22% | 95.71% | 78.13% | 85.86% | 98.18% | 97.89% | 90.99% | 99.19% | 100.53% | 103.71% | 75.21% | 70.09% | 79.97% | 82.11% | 64.58% | 57.21% | 56.74% | 60.49% | 55.66% | 59.37% |
| Gross Profit | 176M | 87M | 542M | 309M | 33M | 43M | 232M | 19M | -11M | -81M | 670M | 729M | 410M | 364M | 884M | 1B | 783M | 770M | 987M | 761M |
| Gross Margin % | 8.78% | 4.29% | 21.87% | 14.14% | 1.82% | 2.11% | 9.01% | 0.81% | -0.53% | -3.71% | 24.79% | 29.91% | 20.03% | 17.89% | 35.42% | 42.79% | 43.26% | 39.51% | 44.34% | 40.63% |
| Gross Profit Growth % | 433.33% | 102.33% | 133.62% | 1526.32% | 400% | 153.09% | -65.37% | -97.39% | -102.68% | -122.25% | -24.21% | -27.32% | -47.64% | -52.73% | -10.44% | 31.8% | 257.53% | 6023.08% | 1008.99% | 257.88% |
| Operating Expenses | 235M | 251M | 241M | 246M | 219M | 246M | 185M | 240M | 173M | 241M | 217M | 285M | 221M | 221M | 246M | 257M | 235M | 205M | 154M | 118M |
| OpEx % of Revenue | 11.73% | 12.38% | 9.73% | 11.26% | 12.08% | 12.06% | 7.18% | 10.2% | 8.32% | 11.03% | 8.03% | 11.69% | 10.8% | 10.86% | 9.86% | 10.96% | 12.98% | 10.52% | 6.92% | 6.3% |
| Selling, General & Admin | 235M | 251M | 241M | 246M | 219M | 246M | 185M | 240M | 173M | 241M | 217M | 285M | 221M | 221M | 246M | 257M | 235M | 205M | 154M | 118M |
| SG&A % of Revenue | 11.73% | 12.38% | 9.73% | 11.26% | 12.08% | 12.06% | 7.18% | 10.2% | 8.32% | 11.03% | 8.03% | 11.69% | 10.8% | 10.86% | 9.86% | 10.96% | 12.98% | 10.52% | 6.92% | 6.3% |
| Research & Development | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| R&D % of Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Operating Expenses | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Operating Income | -59M | -164M | 301M | 63M | -186M | -203M | 47M | -221M | -184M | -322M | 453M | 444M | 189M | 143M | 638M | 746M | 548M | 565M | 833M | 643M |
| Operating Margin % | -2.94% | -8.09% | 12.15% | 2.88% | -10.26% | -9.95% | 1.82% | -9.39% | -8.85% | -14.74% | 16.76% | 18.22% | 9.23% | 7.03% | 25.56% | 31.83% | 30.28% | 28.99% | 37.42% | 34.33% |
| Operating Income Growth % | 68.28% | 19.21% | 540.43% | 128.51% | -1.09% | 36.96% | -89.62% | -149.77% | -197.35% | -325.17% | -29% | -40.48% | -65.51% | -74.69% | -23.41% | 16.02% | 421.9% | 541.41% | 27866.67% | 195.54% |
| EBITDA | 504M | 428M | 833M | 550M | 468M | 593M | 1.11B | 944M | 918M | 659M | 1.09B | 908M | 646M | 540M | 1.13B | 1.21B | 903M | 702M | 968M | 838M |
| EBITDA Margin % | 25.15% | 21.1% | 33.62% | 25.17% | 25.81% | 29.07% | 42.93% | 40.12% | 44.13% | 30.17% | 40.4% | 37.26% | 31.56% | 26.54% | 45.27% | 51.79% | 49.89% | 36.02% | 43.49% | 44.74% |
| EBITDA Growth % | 7.69% | -27.82% | -24.68% | -41.74% | -49.02% | -10.02% | 1.28% | 3.96% | 42.11% | 22.04% | -3.36% | -25.21% | -28.46% | -23.08% | 16.74% | 44.87% | 108.06% | 85.22% | 105.52% | 1804.55% |
| D&A (Non-Cash Add-back) | 563M | 592M | 532M | 487M | 654M | 796M | 1.06B | 1.17B | 1.1B | 981M | 639M | 464M | 457M | 397M | 492M | 468M | 355M | 137M | 135M | 195M |
| EBIT | -59M | -44M | 481M | 68M | -258M | -296M | -1.38B | -239M | -365M | -285M | 777M | 353M | 228M | 263M | 771M | 1.23B | 644M | -68M | 831M | -26M |
| Net Interest Income | -277M | -179M | -247M | -384M | -267M | -267M | -243M | -234M | -216M | -208M | -218M | -195M | -166M | -136M | -124M | -107M | -88M | -69M | -63M | -189M |
| Interest Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Interest Expense | 277M | 179M | 247M | 384M | 267M | 267M | 243M | 234M | 216M | 208M | 218M | 195M | 166M | 136M | 124M | 107M | 88M | 69M | 63M | 189M |
| Other Income/Expense | -245M | -59M | -67M | -379M | -339M | -360M | -1.67B | -252M | -397M | -171M | 106M | -286M | -127M | -16M | 9M | 373M | 8M | -702M | -65M | -858M |
| Pretax Income | -304M | -223M | 234M | -316M | -525M | -563M | -1.62B | -473M | -581M | -493M | 559M | 158M | 62M | 127M | 647M | 1.12B | 556M | -137M | 768M | -215M |
| Pretax Margin % | -15.17% | -11% | 9.44% | -14.46% | -28.96% | -27.6% | -62.89% | -20.1% | -27.93% | -22.57% | 20.68% | 6.48% | 3.03% | 6.24% | 25.92% | 47.74% | 30.72% | -7.03% | 34.5% | -11.48% |
| Income Tax | 29M | -29M | 50M | -22M | -82M | -84M | -288M | 392M | -395M | -145M | -70M | 19M | -134M | 11M | 70M | 179M | 130M | 125M | 160M | -46M |
| Effective Tax Rate % | -9.54% | 13% | 21.37% | 6.96% | 15.62% | 14.92% | 17.78% | -82.88% | 67.99% | 29.41% | -12.52% | 12.03% | -216.13% | 8.66% | 10.82% | 16% | 23.38% | -91.24% | 20.83% | 21.4% |
| Net Income | -333M | -194M | 184M | -294M | -443M | -479M | -1.33B | -865M | -186M | -348M | 629M | 139M | 196M | 116M | 577M | 940M | 426M | -260M | 605M | -168M |
| Net Margin % | -16.62% | -9.57% | 7.43% | -13.46% | -24.43% | -23.48% | -51.71% | -36.76% | -8.94% | -15.93% | 23.27% | 5.7% | 9.57% | 5.7% | 23.12% | 40.1% | 23.54% | -13.34% | 27.18% | -8.97% |
| Net Income Growth % | 24.83% | 59.5% | 113.81% | 66.01% | -138.17% | -37.64% | -311.76% | -722.3% | -194.9% | -400% | 9.01% | -85.21% | -53.99% | 144.62% | -4.63% | 659.52% | 124.21% | 10.03% | 372.52% | 80.17% |
| Net Income (Continuing) | -333M | -194M | 184M | -294M | -443M | -479M | -1.33B | -865M | -186M | -348M | 629M | 139M | 196M | 116M | 577M | 940M | 426M | -262M | 608M | -169M |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 12M | 19M |
| EPS (Diluted) | -1.06 | -0.62 | 0.51 | -0.95 | -1.44 | -1.56 | -4.34 | -2.82 | -0.61 | -1.14 | 0.92 | 0.44 | 0.61 | -0.01 | 1.52 | 1.13 | 0.92 | -0.56 | 2.55 | -1.05 |
| EPS Growth % | 26.39% | 60.26% | 111.75% | 66.31% | -136.07% | -36.84% | -571.74% | -740.91% | -200% | -9813.04% | -39.47% | -61.06% | -33.7% | 97.95% | -40.39% | 207.62% | -23.97% | 69.73% | 279.58% | 82.14% |
| EPS (Basic) | -1.06 | -0.62 | 0.59 | -0.95 | -1.44 | -1.56 | -4.34 | -2.82 | -0.61 | -1.14 | 2.02 | 0.44 | 0.61 | 0.35 | 1.52 | 2.36 | 0.92 | -0.56 | 2.55 | -1.05 |
| Diluted Shares Outstanding | 314M | 322M | 364M | 309M | 307M | 307M | 307M | 306M | 305M | 306M | 327M | 315M | 323M | 347M | 379M | 424M | 461M | 468M | 490M | 160M |
| Basic Shares Outstanding | 314M | 310M | 311M | 309M | 307M | 307M | 307M | 306M | 305M | 306M | 311M | 314M | 321M | 332M | 355M | 398M | 432M | 468M | 471M | 160M |
| Dividend Payout Ratio | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |