Filing Flows › Hertz Global Holdings (HTZ) › Q3 2026
Hertz Global Holdings (HTZ) Q3 2026 earnings results (third quarter 2026)
10-Q filed Nov 5, 2026
Hertz Global Holdings (HTZ) reported revenue of $2.6B for the third quarter 2026 (Q3 2026), +6% from a year earlier and +9% from the quarter before. Operating margin was 3.3%, net earnings $116M (4.4% of revenue).
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 follows the revenue to costs, profit and cash.
| Q3 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $2.6B | +9% | +6% |
| Operating profit | $87.0M | +23% | -63% |
| Net earnings | $116M | +81% | -37% |
| Operating cash flow | $599M | +57% | -28% |
| Free cash flow | $572M | +62% | -29% |
What changed
Revenue was $2.6B in Q3 2026, up 6% year over year and up 9% from the previous quarter.
Operating profit was $0.09B, a 3.3% margin (down 6.1 points year over year). Operating profit fell $0.15B even though revenue rose $0.14B versus Q3 2025, so costs grew faster than sales. Total costs grew 13% against revenue growth of 6%. The fastest-growing cost line was Other operating costs (+14%). Net earnings were $0.12B, down 37% year over year. The effective tax rate was -33.3%.
Operating cash flow was $0.60B (down 28% year over year), 516% of net earnings. Non-cash charges added back $0.03B of depreciation and amortization and $0.02B of share-based compensation. Working capital and other items added $0.44B. Capital expenditures of $0.03B left free cash flow of $0.57B.
Questions
What was Hertz Global Holdings' revenue in the third quarter 2026?
Hertz Global Holdings (HTZ) reported revenue of $2.6B for the third quarter 2026 (Q3 2026), +6% from a year earlier and +9% from the quarter before.
Was Hertz Global Holdings profitable in the third quarter 2026?
Operating profit was $87.0M (3.3% of revenue) and net earnings $116M.