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 director Bernardo Hees reported an equity award. On February 20, 2026, an entity associated with him acquired 2,592 restricted stock units of Avis Budget Group common stock at a reference price of $96.47 per share as a grant under the non‑employee director compensation program.
The award consists of restricted stock units that convert into common shares on a one‑for‑one basis and will fully vest on the one‑year anniversary of the grant date. Following this award, entities linked to Hees, including the Bernardo Vieira Hees Revocable Trust and BHJH Master Trust LLC, together hold 119,113 shares indirectly. A separate line reflects 3,713 shares indirectly held through a nonqualified deferred compensation plan.
Avis Budget Group director Lynn Krominga reported mixed equity activity on February 20, 2026. She sold 1,950 shares of common stock in an open-market transaction at $91.54 per share.
On the same date, she received a grant of 1,762 restricted stock units valued at $96.47 per unit under the non-employee director compensation program. These units will fully vest on the one-year anniversary of the grant and convert into common stock one-for-one. She also holds 28,404 shares indirectly through an NQ Deferred Compensation Plan.
AVIS BUDGET GROUP, INC. director Glenn Lurie reported an equity grant under the company’s non-employee director compensation program. He acquired 1,555 restricted stock units of common stock on February 20, 2026 at a reference price of $96.47 per share. These units convert into an equal number of common shares when they vest and are scheduled to fully vest one year after the grant date. Lurie also reports 16,054 common shares held indirectly through an NQ Deferred Compensation Plan, reflecting additional equity exposure tied to his board role.
Avis Budget Group director Anu Hariharan reported an equity award of the company’s stock. On the reported date, she acquired 1,373 restricted stock units as part of the non-employee director compensation program, valued at $96.47 per unit. These units will vest in full on the one-year anniversary of the grant date and then automatically convert into an equal number of common shares. Following the award, she held 1,373 shares directly, with an additional 3,990 shares reported as indirect holdings through a nonqualified deferred compensation plan.
Avis Budget Group describes a large, globally diversified mobility business built around the Avis, Budget, Zipcar, Payless and other brands. In 2025, the company completed approximately 38 million rental transactions and generated total revenues of about $11.7 billion from a global rental fleet averaging roughly 684,000 vehicles.
The business spans about 10,000 locations in around 180 countries, organized into Americas and International segments, and includes car and truck rental, car sharing, and high‑margin license royalties. As of December 31 2025, the company employed roughly 25,000 people worldwide, with about 7,500 in its International segment.
Management highlights a 2026 strategy focused on operational efficiency, expanded analytics, digital and app‑based customer experiences, and disciplined technology investment. The report also outlines key risks, including intense industry competition, fleet cost and residual value swings, travel demand cycles, geopolitical uncertainty, cyber and regulatory exposure, and the challenges and opportunities tied to vehicle electrification and new mobility models.
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.