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.
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 September 16, 2025, executed between the company and The Bank of New York Mellon Trust Company, N.A. acting as trustee and as Series 2025-3 and Series 2025-4 Agent respectively.
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 September 5, 2025, to its Fourth Amended and Restated Cooperation Agreement dated December 23, 2022 among Avis Budget Group, Inc., SRS Investment Management, LLC and certain affiliates. The filing is on Form 8-K and lists the cover page formatted in Inline XBRL as Exhibit 101. The report is signed by Jean M. Sera, Senior Vice President, General Counsel, Chief Compliance Officer and Corporate Secretary, dated September 8, 2025.
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.
A Form 144 notice shows an insider intends to sell 30,000 shares of common stock of Avis Budget Group (CAR), acquired by RSU vesting on 03/09/2023. The filing lists an approximate sale date of 08/22/2025 and an aggregate market value of $4,648,800 for the proposed sale. It reports total shares outstanding as 35,193,504, and notes a prior sale on 08/01/2025 of 30,000 shares with reported gross proceeds of $4,948,800. The broker named is Merrill Lynch in Iselin, NJ. The filer represents they are not aware of undisclosed material adverse information. Several issuer fields (issuer name, SEC file number, and relationship to issuer) are not provided in the text.
Edward P. Linnen, Executive Vice President and Chief HR Officer of Avis Budget Group, sold a total of 10,000 shares of Avis Budget Group common stock on 08/15/2025. The sales were reported on Form 4 filed 08/18/2025 and executed as two transactions: 6,743 shares sold at a weighted average price of $156.47 (transaction prices ranged $156.37–$156.87) and 3,257 shares sold at a weighted average price of $157.57 (transaction prices ranged $157.51–$157.64). After these sales Mr. Linnen beneficially owns 40,915 shares directly and 3,496 shares indirectly through a 401(k) plan. The Form 4 was signed by a Power of Attorney on behalf of the reporting person.
A Form 144 filing by an insider of Avis Budget Group, Inc. (CAR) notifies intent to sell 10,000 shares of common stock through Merrill Lynch on the NYSE, with an approximate sale date of 08/15/2025 and an aggregate market value of $1,569,183.26. The filing shows the 10,000 shares were acquired through RSU vesting: 4,876 shares vested on 03/09/2022 and 5,124 shares vested on 03/09/2023, with payment recorded as 03/09/2023. Total shares outstanding are listed as 35,110,440. The filer reports no sales of the issuer's securities in the past three months and includes the standard representation that they are not aware of undisclosed material adverse information about the issuer.
Pentwater Capital Management LP and Matthew Halbower report beneficial ownership of 2,950,000 shares of Avis Budget Group, Inc. (CAR), representing 8.4% of the outstanding common stock based on 35,192,239 shares outstanding as of May 2, 2025. The reported position includes 680,000 shares issuable upon exercise of call options. The filing shows no sole voting or dispositive power and lists shared voting and dispositive power for the full position. The Reporting Persons state the shares were acquired and are held in the ordinary course of business and not for the purpose of changing control.