Welcome to our dedicated page for Avis Budget SEC filings (Ticker: CAR), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
The Avis Budget Group, Inc. (NASDAQ: CAR) SEC filings page on Stock Titan provides access to the company’s regulatory disclosures as filed with the U.S. Securities and Exchange Commission. As a Nasdaq Global Select Market registrant, Avis Budget Group submits periodic reports such as Form 10-K and Form 10-Q, as well as numerous Form 8-K current reports detailing material events, financing transactions, governance changes and quarterly earnings announcements.
Recent 8-K filings referenced in company disclosures include reports of first, second and third quarter 2025 results, where the attached press releases discuss revenues, net income or loss, Adjusted EBITDA and key metrics like rental days, revenue per day, vehicle utilization and per-unit fleet costs. Other 8-Ks describe entry into material definitive agreements, such as amendments to the company’s credit agreement, issuance of asset-backed securities secured by vehicles in its domestic fleet, and senior notes offerings by its subsidiaries.
Additional filings highlight corporate governance and shareholder matters. For example, an 8-K dated July 31, 2025 reports amendments to the Amended and Restated Certificate of Incorporation, while another dated September 8, 2025 outlines changes to a cooperation agreement with a significant shareholder, including voting caps and board size provisions. These documents provide detail on rights of security holders, board composition parameters and other structural features of the company’s governance framework.
On Stock Titan, users can review these SEC filings in sequence and use AI-powered summaries to understand the core points of lengthy documents such as annual reports on Form 10-K, quarterly reports on Form 10-Q and complex financing-related 8-Ks. The platform also surfaces real-time updates from EDGAR and makes it easier to track how Avis Budget Group reports its financial condition, risk factors, capital structure changes and other material information over time.
Avis Budget Group reported a challenging 2025, with heavy EV-related charges driving losses despite solid demand. For Q4 2025, revenue was $2.7 billion, with a net loss of $856 million and Adjusted EBITDA of $5 million. Full-year 2025 revenue was $11.7 billion, net loss was $995 million, and Adjusted EBITDA was $748 million, up 19% from 2024.
The company recorded $518 million of long-lived asset impairment and related charges tied to shortening the useful life of certain U.S. electric vehicle rental cars, significantly affecting results. Liquidity at year-end included about $818 million plus $2.1 billion of additional fleet funding capacity, while vehicle program debt reached $19.2 billion and corporate debt $6.1 billion.
Nomura Holdings Inc. filed an amended Schedule 13G reporting a passive ownership stake in Avis Budget Group, Inc. common stock. Nomura reports beneficial ownership of 627,961 shares, representing 1.8% of the outstanding common stock, based on 35,196,992 shares outstanding as of October 22, 2025.
The position reflects shares held through wholly owned subsidiaries Nomura Global Financial Products, Inc. and Nomura Securities International, Inc., including shares underlying call options exercisable within 60 days. Nomura certifies the securities are held in the ordinary course of business and not for the purpose of changing or influencing control of Avis Budget Group.
Avis Budget Group, Inc. received an amended Schedule 13G/A from several Susquehanna-affiliated entities reporting their holdings of its common stock. The reporting persons collectively beneficially own 1,275,526 shares of Avis Budget common stock, representing 3.6% of the outstanding shares as of October 22, 2025.
The group includes G1 Execution Services, SIG Brokerage, Susquehanna Fundamental Investments, Susquehanna Investment Group, Susquehanna Portfolio Strategies, and Susquehanna Securities. Part of the position is held through options, including options to buy 909,500 shares reported by Susquehanna Securities and options to buy shares reported by Susquehanna Investment Group.
The filers state that the securities were acquired and are held in the ordinary course of business, not for the purpose of changing or influencing control of Avis Budget. Each entity reports its own voting and dispositive powers while disclaiming beneficial ownership of shares held directly by the others.
Jane Street Group and affiliates have disclosed a sizeable passive stake in Avis Budget Group, Inc. The filing reports beneficial ownership of 1,910,016 shares of common stock, representing 5.4% of the class as of the event date. All voting and dispositive power over these shares is shared, with no sole authority reported.
The stake is primarily held through Jane Street Options, LLC, with smaller positions at Jane Street Capital, LLC and Jane Street Global Trading, LLC. The group certifies the shares were acquired and are held in the ordinary course of business and not for the purpose of changing or influencing control of Avis Budget Group.
Morgan Stanley filed a Schedule 13G reporting a significant passive ownership position in Avis Budget Group, Inc. common stock. The firm reports beneficial ownership of 1,971,874 shares, representing 5.6% of the outstanding common stock as of 12/31/2025.
Morgan Stanley reports shared voting power over 1,923,073 shares and shared dispositive power over 1,971,874 shares, with no sole voting or dispositive power. The filing states the securities were acquired and are held in the ordinary course of business, not to change or influence control of Avis Budget Group.
Avis Budget Group (CAR) reported stronger Q3 2025 results. Revenue was $3.519 billion, up slightly from $3.480 billion a year ago. Net income rose to $360 million, and diluted EPS increased to $10.11 from $6.65, helped by lower vehicle depreciation and lease charges versus last year. The Americas remained the largest region with $2.621 billion of revenue, while EMEA grew to $742 million.
For the first nine months, revenue was $8.988 billion and the company recorded a net loss of $139 million, reflecting elevated fleet costs earlier in the year. Operating cash flow for the nine months was $2.859 billion. The balance sheet shows vehicles, net at $19.640 billion and vehicle program debt at $19.262 billion. Long‑term corporate debt increased to $6.020 billion following the issuance of $600 million of 8.375% Senior Notes due 2032 and the extension of the floating rate term loan to 2032. The company received a $114 million settlement distribution in September. As of October 22, 2025, shares outstanding were 35,196,992, and vehicle purchase commitments over the next 12 months were approximately $4.2 billion.
Avis Budget Group, Inc. filed a current report to disclose that it has reported its third quarter 2025 results. The company states that the detailed financial and operating results for this period are contained in a press release dated October 27, 2025, which is attached as Exhibit 99.1 and incorporated by reference.
The disclosure is made under Item 2.02, covering results of operations and financial condition, and the company clarifies that this information, including Exhibit 99.1, is not deemed filed for liability purposes under the Exchange Act unless specifically incorporated into another filing.
Avis Budget Group, Inc. disclosed the filing of two supplemental documents titled Series 2025-3 Supplement and Series 2025-4 Supplement, each dated
The filing lists these supplements as exhibits to an 8-K under the categories that include Entry into a Material Definitive Agreement and Creation of a Direct Financial Obligation. No financial amounts, interest terms, payment schedules, or other economic details are included in the provided text.
Avis Budget Group insider notice reports a proposed sale of 35,000 common shares through Merrill Lynch with an aggregate market value of $5,451,971.28, based on the filer’s entry. The shares represent approximately 0.10% of the outstanding common stock reported as 35,193,504. The securities were acquired on 03/09/2023 via RSU vesting and payment is listed as RSU vesting. The filing also discloses two recent sales by the same person: 30,000 shares on 08/22/2025 for gross proceeds of $4,648,800 and 30,000 shares on 08/01/2025 for gross proceeds of $4,948,800. The filer signs a representation that no material nonpublic information is known.
Avis Budget Group, Inc. reported the execution of a Second Amendment, dated
The document states the existence and execution date of the amendment but does not disclose the amendment's economic terms, specific governance changes, or other substantive provisions. Because those details are not included here, the immediate financial impact and any changes to rights or obligations remain unspecified.