Filing Flows › Hertz Global Holdings (HTZ) › How it makes money
How Hertz Global Holdings (HTZ) makes money
Hertz Global Holdings (HTZ) made $2.6B of revenue in the third quarter 2026 (Q3 2026), +6% from a year earlier. Of every dollar of revenue, 3¢ was left as operating profit, 4¢ was left as net earnings.
Drawing the Sankey…
Where each dollar of revenue goes
| Line | Q3 2026 | % of revenue |
|---|---|---|
| Revenue | $2.6B | 100.0% |
| Operating profit | $87.0M | 3.3% |
| Net earnings | $116M | 4.4% |
| Operating cash flow | $599M | 22.9% |
| Free cash flow | $572M | 21.9% |
Revenue, quarter by quarter
| Quarter | Revenue | Y/Y |
|---|---|---|
| Q3 2026 | $2.6B | +6% |
| Q2 2026 | $2.4B | +10% |
| Q1 2026 | $2.0B | +10% |
| Q4 2025 | $2.0B | -0.6% |
| Q3 2025 | $2.5B | -4% |
| Q2 2025 | $2.2B | -7% |
| Q4 2024 | $2.0B | -7% |
From Hertz Global Holdings' 10-Q filed Nov 5, 2026 (on EDGAR).
Questions
How does Hertz Global Holdings make money?
Hertz Global Holdings (HTZ) made $2.6B of revenue in the third quarter 2026 (Q3 2026), +6% from a year earlier. Of every dollar of revenue, 3¢ was left as operating profit, 4¢ was left as net earnings.
What is Hertz Global Holdings' profit margin?
Net earnings were $116M, 4.4% of revenue, in the third quarter 2026; the operating margin was 3.3%.
Updated Nov 8, 2026. Read automatically from SEC filings and public data; errors are possible. Not investment advice.