Avis Budget Group said Q4 2025 revenue was USD 2.7 billion (-2%), with a net loss of USD 856 million and Adjusted EBITDA of USD 5 million (vs. a loss of USD 101 million a year earlier). For FY 2025, revenue was USD 11.7 billion (-1%), net loss was USD 995 million, and Adjusted EBITDA was USD 748 million (+19%). The company said results reflected USD 518 million in long-lived asset impairment and related charges tied to a change in fleet strategy that shortened the useful life of certain U.S. EV rental vehicles. In December, Avis Budget Group said it sold EVs to a joint venture and received USD 183 million in cash proceeds from monetizing related tax credits, and issued USD 965 million of alternative funding asset-backed securities (targeted two-year term; maturity June 2028) to pay down other fleet debt. Liquidity at quarter-end was about USD 818 million, with an additional USD 2.1 billion of fleet funding capacity. CEO Brian Choi said the company is tightening fleet discipline, strengthening the balance sheet, and raising customer experience standards.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Avis Budget Group Inc. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: GNW9657084-en) on February 18, 2026, and is solely responsible for the information contained therein.