Avis Budget Group Q2 2025 Financial Results

Avis Budget Group, Inc. reported its second quarter 2025 financial results, with revenues of $3.0 billion, net income of $5 million, and Adjusted EBITDA of $277 million. The company launched Avis First, a premium car rental service, and announced a multi-year partnership with Waymo for autonomous ride-hailing operations in Dallas. Operational highlights include a 1% decrease in revenue per day in the Americas and a 3% increase in international revenue per day. The company also issued $600 million in unsecured Senior Notes and amended its $1.1 billion floating rate term loan, extending its maturity to 2032. Avis Budget Group ended the quarter with nearly $950 million in liquidity and $1.7 billion in fleet funding capacity.