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Filing Flows › Hertz Global Holdings (HTZ) › Q2 2026 › vs Q1 2026

Hertz Global Holdings (HTZ) Q2 2026 vs Q1 2026 (quarter over quarter)

Hertz Global Holdings's revenue rose $392M (+20%) from $2.0B in Q1 2026 to $2.4B in Q2 2026. Operating margin 3.0% against -15.2% (+18.1 pts).

Hertz Global Holdings, Q2 2026: revenue $2.4B (+10% year over year), operating margin 3.0%, net earnings $64.0M, operating cash flow $381M. The chart draws each line against Q1 2026, the increases inside each band.

Hertz Global Holdings: what changed, Q2 2026 vs Q1 2026Hertz Global Holdings: what changed, Q2 2026 vs Q1 2026Net earnings$397MOperating profit$375MPre-tax earnings$375MFree cash flow (OCF − capex)$362MOperating cash flow$361MWorking capital & other−$40.0MSG&A$22.0MIncome tax−$22.0MCosts & expenses$17.0MOther operating costs−$5.0M

Margins

Q2 2026Q1 2026Change
Operating margin3.0%-15.2%+18.1 pts
Net margin2.7%-16.6%+19.3 pts
Free cash flow margin14.7%-0.4%+15.2 pts

Every line

LineQ2 2026Q1 2026Change%
Revenue$2.4B$2.0B$392M+20%
Operating profit$71.0M−$304M$375M—
Costs & expenses$2.3B$2.3B$17.0M+0.7%
Pre-tax earnings$71.0M−$304M$375M—
SG&A$258M$236M$22.0M+9%
Other operating costs$2.1B$2.1B−$5.0M-0.2%
Net earnings$64.0M−$333M$397M—
Income tax$7.0M$29.0M−$22.0M-76%
Depreciation & amortization$26.0M$26.0M$00%
Share-based compensation$21.0M$17.0M$4.0M+24%
Working capital & other$270M$310M−$40.0M-13%
Operating cash flow$381M$20.0M$361M19×
Free cash flow (OCF − capex)$353M−$9.0M$362M—
Capital expenditures$28.0M$29.0M−$1.0M-3%

Questions

How much did Hertz Global Holdings's revenue grow quarter over quarter in Q2 2026?

Hertz Global Holdings's revenue rose $392M (+20%) from $2.0B in Q1 2026 to $2.4B in Q2 2026. Operating margin 3.0% against -15.2% (+18.1 pts).

Q2 2026 results → · Compare in the interactive Sankey →