Filing Flows › Avis Budget Group (CAR) › Q2 2025
Avis Budget Group (CAR) Q2 2025 earnings results (second quarter 2025)
10-Q filed Jul 30, 2025
Avis Budget Group (CAR) reported revenue of $3.0B for the second quarter 2025 (Q2 2025), -0.3% from a year earlier and +25% from the quarter before. Operating margin was 0.5%, net earnings $5.0M (0.2% of revenue).
Avis Budget Group, Q2 2025: revenue $3.0B (-0.3% year over year), operating margin 0.5%, net earnings $5.0M, operating cash flow $837M. The chart follows the revenue to costs, profit and cash.
| Q2 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $3.0B | +25% | -0.3% |
| Operating profit | $15.0M | — | -44% |
| Net earnings | $5.0M | — | -67% |
| Operating cash flow | $837M | +35% | -5% |
What changed
Revenue was $3.0B in Q2 2025, roughly flat year over year and up 25% from the previous quarter. Avis was the largest line at 57% of revenue. Avis lost $0.03B year over year (down 2%), 322% of the total change.
Operating profit was $0.01B, a 0.5% margin (down 0.4 points year over year). Total costs grew 0% against flat revenue. The fastest-growing cost line was SG&A (+14%). Net earnings were $4.0M, down 71% year over year. The effective tax rate was 66.7%.
Operating cash flow was $0.84B (down 5% year over year), 16740% of net income including minority interests. Non-cash charges added back $0.01B of share-based compensation. Working capital and other items added $0.83B.
Questions
What was Avis Budget Group's revenue in the second quarter 2025?
Avis Budget Group (CAR) reported revenue of $3.0B for the second quarter 2025 (Q2 2025), -0.3% from a year earlier and +25% from the quarter before.
Was Avis Budget Group profitable in the second quarter 2025?
Operating profit was $15.0M (0.5% of revenue) and net earnings $5.0M.
Source: Avis Budget Group 10-Q on SEC EDGAR.