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Hertz earnings and revenue breakdown
Latest: Q2 2026 · 10-Q filed Aug 6, 2026
Q2 2026 Revenue up 10% year over year to $2.4B · 3¢ of every $1 of revenue kept as net profit · operating margin 3.0%
Hertz made $2.4B in Q2 2026 (+10% Y/Y). Operating margin 3.0%, net earnings $64.0M. See where every dollar goes — costs, profit and cash — as a Sankey from the 10-Q filed Aug 6, 2026.
Drawing the Sankey…
Open the interactive Sankey → click any line for what the company wrote about it, compare Y/Y and Q/Q, export as PNG or PDF
What changed this quarter
Revenue was $2.4B in Q2 2026, up 10% year over year.
Operating profit was $0.07B, a 3.0% margin (up 17.4 points year over year). Total costs fell 7% while revenue rose 10%. Net earnings were $0.06B. The effective tax rate was 9.9%.
Quarterly history
| Quarter | Form | Filed | Revenue | Y/Y | Op. margin | Net earnings | Op. cash flow |
|---|---|---|---|---|---|---|---|
| Q2 2026 | 10-Q | Aug 6, 2026 | $2.4B | +10% | 3.0% | $64.0M | — |
| Q3 2025 | 10-Q | Nov 4, 2025 | $2.5B | -4% | 9.4% | $184M | $835M |
| Q2 2025 | 10-Q | Aug 7, 2025 | $2.2B | — | -14.5% | −$294M | — |
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💵Where each $1 goesinteractive
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🌏Named in Asian annual reportsinteractive
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🏭Its industry’s money flow (input-output)interactive
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About Hertz
there was a serious disruption in supply for any reason, including an act of war, terrorist incident or other problem affecting petroleum or energy supply, petroleum refining or energy distribution or pricing. We are subject to extensive federal, state, local and foreign environmental and safety laws, regulations, directives, rules and ordinances concerning, among other things, the operation and maintenance of vehicles; the ownership and operation of tanks for the storage of petroleum products, including gasoline, diesel fuel and oil; and the generation, storage, transportation and disposal of waste materials, including oil, vehicle wash sludge and waste water.
In its own words, from its 10-K, filed Feb 26, 2026.
Hertz against its Services-Auto Rental & Leasing (No Drivers) peers
The largest companies of the same SEC industry, each at its latest quarter. Revenue growth: +10% against the peers' median +3%. Operating margin: 3.0% against the peers' median 3.3%.
| Company | Quarter | Revenue | Y/Y | Op. margin |
|---|---|---|---|---|
| Hertz | Q2 2026 | $2.4B | +10% | 3.0% |
| CAR Avis Budget Group | Q3 2026 | $3.4B | -2% | 9.0% |
| R Ryder System | Q3 2026 | $3.4B | +8% | 6.6% |
| HTZ Hertz Global Holdings | Q3 2026 | $2.6B | +6% | 3.3% |
| UHAL U-Haul Holding | Q2 FY27 | $1.8B | +3% | 15.0% |
| ZCAR Zoomcar Holdings | Q1 FY27 | $2.4M | +2% | -37.4% |
| VAI Valor Energy | Q1 FY27 | $361K | -16% | -174.8% |
Source: Hertz 10-Q on SEC EDGAR · CIK 47129 · Services-Auto Rental & Leasing (No Drivers)