Filing Flows › Hertz Global Holdings (HTZ) › Q3 2026 › vs Q2 2026
Hertz Global Holdings (HTZ) Q3 2026 vs Q2 2026 (quarter over quarter)
Hertz Global Holdings's revenue rose $221M (+9%) from $2.4B in Q2 2026 to $2.6B in Q3 2026. Operating margin 3.3% against 3.0% (+0.4 pts).
Hertz Global Holdings, Q3 2026: revenue $2.6B (+6% year over year), operating margin 3.3%, net earnings $116M, operating cash flow $599M. The chart draws each line against Q2 2026, the increases inside each band.
Margins
| Q3 2026 | Q2 2026 | Change | |
|---|---|---|---|
| Operating margin | 3.3% | 3.0% | +0.4 pts |
| Net margin | 4.4% | 2.7% | +1.8 pts |
| Free cash flow margin | 21.9% | 14.7% | +7.1 pts |
Every line
| Line | Q3 2026 | Q2 2026 | Change | % |
|---|---|---|---|---|
| Revenue | $2.6B | $2.4B | $221M | +9% |
| Operating profit | $87.0M | $71.0M | $16.0M | +23% |
| Costs & expenses | $2.5B | $2.3B | $205M | +9% |
| Pre-tax earnings | $87.0M | $71.0M | $16.0M | +23% |
| SG&A | $256M | $258M | −$2.0M | -0.8% |
| Other operating costs | $2.3B | $2.1B | $207M | +10% |
| Income tax benefit | $29.0M | −$7.0M | $36.0M | — |
| Net earnings | $116M | $64.0M | $52.0M | +81% |
| Depreciation & amortization | $28.0M | $26.0M | $2.0M | +8% |
| Share-based compensation | $18.0M | $21.0M | −$3.0M | -14% |
| Working capital & other | $437M | $270M | $167M | +62% |
| Operating cash flow | $599M | $381M | $218M | +57% |
| Free cash flow (OCF − capex) | $572M | $353M | $219M | +62% |
| Capital expenditures | $27.0M | $28.0M | −$1.0M | -4% |
Questions
How much did Hertz Global Holdings's revenue grow quarter over quarter in Q3 2026?
Hertz Global Holdings's revenue rose $221M (+9%) from $2.4B in Q2 2026 to $2.6B in Q3 2026. Operating margin 3.3% against 3.0% (+0.4 pts).