Filing Flows › Hertz Global Holdings (HTZ) › Q2 2025
Hertz Global Holdings (HTZ) Q2 2025 earnings results (second quarter 2025)
10-Q filed Aug 7, 2025
Hertz Global Holdings (HTZ) reported revenue of $2.2B for the second quarter 2025 (Q2 2025), -7% from a year earlier and +21% from the quarter before. Operating margin was -14.5%, net loss $294M (13.5% of revenue).
Hertz Global Holdings, Q2 2025: revenue $2.2B (-7% year over year), operating margin -14.5%, net loss $294M, operating cash flow $346M. The chart follows the revenue to costs, profit and cash.
| Q2 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $2.2B | +21% | -7% |
| Operating profit | −$316M | — | — |
| Net earnings | −$294M | — | — |
| Operating cash flow | $346M | +38% | -37% |
| Free cash flow | $324M | +41% | -38% |
What changed
Revenue was $2.2B in Q2 2025, down 7% year over year and up 21% from the previous quarter.
Operating costs exceeded revenue by $0.32B, an operating margin of -14.5%. Total costs fell 12% while revenue fell 7%. The quarter ended with a net loss of $0.29B, narrower than the previous quarter's $0.44B loss.
Operating cash flow was $0.35B (down 37% 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 $0.59B. Capital expenditures of $0.02B left free cash flow of $0.32B.
Questions
What was Hertz Global Holdings' revenue in the second quarter 2025?
Hertz Global Holdings (HTZ) reported revenue of $2.2B for the second quarter 2025 (Q2 2025), -7% from a year earlier and +21% from the quarter before.
Was Hertz Global Holdings profitable in the second quarter 2025?
Operating loss was $316M (-14.5% of revenue) and net loss $294M.