Avis Budget Group(CAR) - 2025 Q1 - Quarterly Results

Avis Budget Group Reports First Quarter Results PARSIPPANY, N.J., May 7, 2025 - Avis Budget Group, Inc. (NASDAQ: CAR) announced financial results for first quarter 2025 today. We ended the quarter with revenues of $2.4 billion, net loss of$505 million, and an Adjusted EBITDA loss of $93 million. 1 During the first quarter, as anticipated, we recorded a non-cash fleet charge of$390 million related to the disposition of certain vehicles within the Americas. We do not expect further charges related to our ac ...