Filing Flows › Hertz Global Holdings (HTZ) › Q1 2026
Hertz Global Holdings (HTZ) Q1 2026 earnings results (first quarter 2026)
10-Q filed May 8, 2026
Hertz Global Holdings (HTZ) reported revenue of $2.0B for the first quarter 2026 (Q1 2026), +11% from a year earlier and -1% from the quarter before. Operating margin was -15.2%, net loss $333M (16.6% of revenue).
Hertz Global Holdings, Q1 2026: revenue $2.0B (+10% year over year), operating margin -15.2%, net loss $333M, operating cash flow $20.0M. The chart follows the revenue to costs, profit and cash.
| Q1 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $2.0B | -1% | +11% |
| Operating profit | −$304M | — | — |
| Net earnings | −$333M | — | — |
| Operating cash flow | $20.0M | -90% | -92% |
What changed
Revenue was $2.0B in Q1 2026, up 11% year over year and down 1% from the previous quarter.
Operating costs exceeded revenue by $0.30B, an operating margin of -15.2%. Total costs fell 1% while revenue rose 11%. The quarter ended with a net loss of $0.33B, wider than the previous quarter's $0.19B loss.
Operating cash flow was $0.02B (down 92% year over year). Non-cash charges added back $0.03B of depreciation and amortization and $0.02B of share-based compensation. Working capital and other items added $0.31B. Capital expenditures of $0.03B exceeded it, leaving free cash flow of −$0.01B.
Questions
What was Hertz Global Holdings' revenue in the first quarter 2026?
Hertz Global Holdings (HTZ) reported revenue of $2.0B for the first quarter 2026 (Q1 2026), +11% from a year earlier and -1% from the quarter before.
Was Hertz Global Holdings profitable in the first quarter 2026?
Operating loss was $304M (-15.2% of revenue) and net loss $333M.