# Hertz Global Holdings, Inc: overview

HTZ · Nasdaq · CIK 1657853 · [Other](/sectors/other.md) · fiscal year ends Dec 31

Pages: [Overview](/companies/htz.md) · [Financials](/companies/htz/financials.md) · [Filings](/companies/htz/filings.md) · [Insiders](/companies/htz/insiders.md)

Latest reported revenue: [$2.00bn](/filings/0001657853-26-000024.md) for Q1 FY2026, three months to 2026-03-31, from the 10-Q filed May 8, 2026 (XBRL us-gaap:Revenues, accession 0001657853-26-000024).

## Last eight quarters

| Line item | Unit | Q2 FY2024 (2024-06-30) | Q3 FY2024 (2024-09-30) | Q4 FY2024 (2024-12-31) | Q1 FY2025 (2025-03-31) | Q2 FY2025 (2025-06-30) | Q3 FY2025 (2025-09-30) | Q4 FY2025 (2025-12-31) | Q1 FY2026 (2026-03-31) |
| --- | --- | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: |
| Revenue | $m | [2,353](/filings/0001657853-25-000094.md) | [2,576](/filings/0001657853-25-000134.md) | [2,040 d](/filings/0001657853-26-000008.md) | [1,813](/filings/0001657853-26-000024.md) | [2,185](/filings/0001657853-25-000094.md) | [2,478](/filings/0001657853-25-000134.md) | [2,028 d](/filings/0001657853-26-000008.md) | [2,004](/filings/0001657853-26-000024.md) |
| Gross margin | % | not reported | not reported | not reported | not reported | not reported | not reported | not reported | not reported |
| Operating margin | % | not reported | not reported | not reported | not reported | not reported | not reported | not reported | not reported |
| Net margin | % | [(36.8%)](/filings/0001657853-25-000134.md) | [(51.7%)](/filings/0001657853-25-000134.md) | [(23.5%) d](/filings/0001657853-26-000008.md) | [(24.4%)](/filings/0001657853-26-000024.md) | [(13.5%)](/filings/0001657853-25-000134.md) | [7.4%](/filings/0001657853-25-000134.md) | [(9.6%) d](/filings/0001657853-26-000008.md) | [(16.6%)](/filings/0001657853-26-000024.md) |
| Diluted EPS | $ per share | [(2.82)](/filings/0001657853-25-000094.md) | [(4.34)](/filings/0001657853-25-000134.md) | not reported | [(1.44)](/filings/0001657853-26-000024.md) | [(0.95)](/filings/0001657853-25-000094.md) | [0.42](/filings/0001657853-25-000134.md) | not reported | [(1.06)](/filings/0001657853-26-000024.md) |
| Free cash flow | $m | not reported | not reported | not reported | not reported | not reported | not reported | not reported | not reported |

- Revenue. XBRL Revenue: us-gaap:Revenues. Derived values: 12-month figure less the 9-month figure.
- Gross margin (gross profit / revenue). XBRL Revenue: us-gaap:Revenues. Derived values: 12-month figure less the 9-month figure.
- Operating margin (operating income / revenue). XBRL Revenue: us-gaap:Revenues. Derived values: 12-month figure less the 9-month figure.
- Net margin (net income / revenue). XBRL Net income: us-gaap:NetIncomeLoss; Revenue: us-gaap:Revenues. Derived values: 12-month figure less the 9-month figure.
- Diluted EPS. XBRL Diluted EPS: us-gaap:EarningsPerShareDiluted.
- Free cash flow (operating cash flow − capital expenditure). XBRL Operating cash flow: us-gaap:NetCashProvidedByUsedInOperatingActivities. Derived values: 6-month figure less the 3-month figure; 9-month figure less the 6-month figure; 12-month figure less the 9-month figure.

## Last five fiscal years

| Line item | Unit | FY2021 (2021-12-31) | FY2022 (2022-12-31) | FY2023 (2023-12-31) | FY2024 (2024-12-31) | FY2025 (2025-12-31) |
| --- | --- | ---: | ---: | ---: | ---: | ---: |
| Revenue | $m | [7,336](/filings/0001657853-24-000022.md) | [8,685](/filings/0001657853-25-000015.md) | [9,371](/filings/0001657853-26-000008.md) | [9,049](/filings/0001657853-26-000008.md) | [8,504](/filings/0001657853-26-000008.md) |
| Gross margin | % | not reported | not reported | not reported | not reported | not reported |
| Operating margin | % | not reported | not reported | not reported | not reported | not reported |
| Net margin | % | [5.0%](/filings/0001657853-24-000022.md) | [23.7%](/filings/0001657853-25-000015.md) | [6.6%](/filings/0001657853-26-000008.md) | [(31.6%)](/filings/0001657853-26-000008.md) | [(8.8%)](/filings/0001657853-26-000008.md) |
| Diluted EPS | $ per share | [(0.27)](/filings/0001657853-24-000022.md) | [3.36](/filings/0001657853-25-000015.md) | [1.39](/filings/0001657853-26-000008.md) | [(9.34)](/filings/0001657853-26-000008.md) | [(2.43)](/filings/0001657853-26-000008.md) |
| Free cash flow | $m | not reported | not reported | not reported | not reported | not reported |

- Revenue. XBRL Revenue: us-gaap:Revenues.
- Gross margin (gross profit / revenue). XBRL Revenue: us-gaap:Revenues.
- Operating margin (operating income / revenue). XBRL Revenue: us-gaap:Revenues.
- Net margin (net income / revenue). XBRL Net income: us-gaap:NetIncomeLoss; Revenue: us-gaap:Revenues.
- Diluted EPS. XBRL Diluted EPS: us-gaap:EarningsPerShareDiluted.
- Free cash flow (operating cash flow − capital expenditure). XBRL Operating cash flow: us-gaap:NetCashProvidedByUsedInOperatingActivities.

Each value links to the filing it came from. d marks a derived value. A ratio is not reported when any input is missing.

## Insider purchases and sales

The last 20 open-market transactions on Form 4 (codes P and S). Reported price is as stated on the form, not a market price. [All insider transactions](/companies/htz/insiders.md)

None in coverage.

## Funds that report holding it

From each manager’s latest Form 13F, largest reported value first. Reported value is as filed: filing data, not a price. [All funds](/funds.md)

| Fund | Quarter ended | Reported value | Shares | Put or call | Change on the quarter before |
| --- | --- | ---: | ---: | --- | --- |
| [Knighthead Capital Management, LLC](/funds/1512397.md) | 2026-06-30 | $411.9m | 181,455,469 |  | Unchanged |
| [Pershing Square Capital Management, L.P.](/funds/1336528.md) | 2026-03-31 | $70.3m | 15,241,127 |  | Not compared |
| [BlackRock, Inc.](/funds/2012383.md) | 2026-06-30 | $45.9m | 20,275,341 |  | Added +1,940,376 |
| [JANE STREET GROUP, LLC](/funds/1595888.md) | 2026-06-30 | $34.7m | 15,334,302 |  | Added +15,090,745 |
| [PERSHING SQUARE INC.](/funds/2026053.md) | 2026-06-30 | $34.0m | 14,991,599 |  | New +14,991,599 |
| [TORONTO DOMINION BANK](/funds/947263.md) | 2026-06-30 | $31.1m | 28,945,533 |  | Added +1,426,557 |
| [UBS Group AG](/funds/1610520.md) | 2026-06-30 | $31.0m | 13,667,240 |  | Reduced −3,315,877 |
| [TORONTO DOMINION BANK](/funds/947263.md) | 2026-06-30 | $22.6m | 10,000,000 | Put | Reduced −876,000 |
| [SUSQUEHANNA INTERNATIONAL GROUP, LLP](/funds/1446194.md) | 2026-06-30 | $20.8m | 9,151,600 | Put | Added +7,026,200 |
| [Balyasny Asset Management L.P.](/funds/1218710.md) | 2026-06-30 | $14.7m | 6,505,105 |  | Added +4,487,472 |

## Recent filings

[All 873 filings](/companies/htz/filings.md)

| Filed | Accepted | Form | What it is | Accession |
| --- | --- | --- | --- | --- |
| 2026-10-21 | 20:38 ET | [SCHEDULE 13D/A](/filings/0000905148-26-004537.md) | Ownership report, active investor, amended | 0000905148-26-004537 |
| 2026-10-20 | 11:05 ET | [8-K](/filings/0000950103-26-015848.md) | 1.01 Entry into a material agreement; 7.01 Regulation FD disclosure; 9.01 Financial statements and exhibits | 0000950103-26-015848 |
| 2026-10-13 | 20:20 ET | [8-K](/filings/0001657853-26-000070.md) | 5.02 Departure or appointment of officers or directors | 0001657853-26-000070 |
| 2026-10-05 | 20:38 ET | [SCHEDULE 13D/A](/filings/0000905148-26-004357.md) | Ownership report, active investor, amended | 0000905148-26-004357 |
| 2026-10-01 | 20:51 ET | [8-K](/filings/0001657853-26-000061.md) | 5.02 Departure or appointment of officers or directors | 0001657853-26-000061 |
| 2026-09-10 | 20:10 ET | [8-K](/filings/0001657853-26-000057.md) | 5.02 Departure or appointment of officers or directors | 0001657853-26-000057 |
| 2026-08-28 | 20:05 ET | [8-K](/filings/0001657853-26-000054.md) | 1.01 Entry into a material agreement; 2.03 New direct financial obligation; 9.01 Financial statements and exhibits | 0001657853-26-000054 |
| 2026-08-24 | 20:05 ET | [SCHEDULE 13D/A](/filings/0000905148-26-003880.md) | Ownership report, active investor, amended | 0000905148-26-003880 |
| 2026-08-20 | 20:48 ET | [8-K](/filings/0001657853-26-000050.md) | 1.01 Entry into a material agreement; 9.01 Financial statements and exhibits | 0001657853-26-000050 |
| 2026-08-10 | 20:27 ET | [SCHEDULE 13D/A](/filings/0000905148-26-003549.md) | Ownership report, active investor, amended | 0000905148-26-003549 |

## Latest annual report

[Form 10-K for the fiscal year ended Dec 31, 2025](/filings/0001657853-26-000008.md), filed Feb 26, 2026.

## Forecast league

Not in this season’s league. [This season’s league](/leagues.md)

## About the filer

- CIK: 1657853
- Tickers: HTZ, HTZWW
- Exchange: Nasdaq
- SIC code: 7510 Services-Auto Rental & Leasing (No Drivers)
- State of incorporation: DE
- Filer category: Large accelerated filer

Source: SEC EDGAR, XBRL company facts, the filing index and Forms 4. Last ingested by Listed: Oct 24, 2026, 15:45 ET. No prices; not investment advice.