Avis Budget (CAR) Operating Expenses (2009 - 2026)
Avis Budget's (CAR) quarterly Operating Expenses came in at $1.4 billion in Q1 2026, down 54.23% year-on-year from $3.1 billion in Q1 2025, and down 58.23% quarter-over-quarter from $3.4 billion in Q4 2025.
Avis Budget (CAR) Operating Expenses (2009 - 2026) Analysis & Trends
Avis Budget has disclosed Operating Expenses across 18 years of filings, most recently posting $1.4 billion for Q1 2026.
- Operating Expenses for Q1 2026 came in at $1.4 billion, down 54.23% year-over-year; the trailing twelve-month figure through Mar 2026 was $9.4 billion (down 29.82% YoY), and the FY2025 annual result was $12.6 billion, down 12.73% from the prior year.
- Operating Expenses came in at $1.4 billion for Q1 2026 at Avis Budget, down from $3.4 billion in the prior quarter.
- In the past five years, Operating Expenses ranged from a high of $5.6 billion in Q4 2024 to a low of -$1.8 billion in Q4 2023.
- The 5-year median for Operating Expenses is $2.2 billion (2022), against an average of $2.1 billion.
- Across the five-year window, Operating Expenses sank 180.58% in 2023 and soared 405.5% in 2024, its largest moves.
- Avis Budget's Operating Expenses stood at $2.3 billion in 2022, then tumbled by 180.58% to -$1.8 billion in 2023, then jumped by 405.5% to $5.6 billion in 2024, then sank by 38.68% to $3.4 billion in 2025, then sank by 58.23% to $1.4 billion in 2026.
- The last three Operating Expenses figures came in at $1.4 billion (Q1 2026), $3.4 billion (Q4 2025), and $1.5 billion (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | U-Haul Holding | 10.97 Bn | 10.97 Bn | -42.05 Mn | 848.61 Mn |
| 2 | Ryder System | 10.36 Bn | 10.36 Bn | 3.02 Bn | 3.01 Bn |
| 3 | Avis Budget | 6.65 Bn | 6.24 Bn | - | 1.42 Bn |
| 4 | Gatx | 6.31 Bn | 7.19 Bn | 561.90 Mn | 410.40 Mn |
| 5 | WillScot Holdings | 5.22 Bn | 5.22 Bn | 285.68 Mn | 234.02 Mn |
| 6 | Herc Holdings | 5.17 Bn | 5.13 Bn | 686.00 Mn | 393.00 Mn |
| 7 | Mcgrath Rentcorp | 2.90 Bn | 2.90 Bn | 96.89 Mn | 76.20 Mn |
| 8 | Custom Truck One Source | 2.57 Bn | 2.57 Bn | 103.06 Mn | 71.59 Mn |
| 9 | EquipmentShare.com | 2.06 Bn | 1.75 Bn | - | - |
| 10 | Vestis | 1.70 Bn | 1.65 Bn | 173.69 Mn | 632.66 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 1.42 Bn |
| Dec 31, 2025 | 3.40 Bn |
| Sep 30, 2025 | 1.51 Bn |
| Jun 30, 2025 | 3.02 Bn |
| Mar 31, 2025 | 3.11 Bn |
| Dec 31, 2024 | 5.55 Bn |
| Sep 30, 2024 | 3.15 Bn |
| Jun 30, 2024 | 1.53 Bn |
| Mar 31, 2024 | 2.69 Bn |
| Dec 31, 2023 | -1.82 Bn |
| Sep 30, 2023 | 1.54 Bn |
| Jun 30, 2023 | 1.48 Bn |
| Mar 31, 2023 | 1.31 Bn |
| Dec 31, 2022 | 2.26 Bn |
| Sep 30, 2022 | 2.21 Bn |
| Jun 30, 2022 | 2.16 Bn |
| Mar 31, 2022 | 1.74 Bn |
| Dec 31, 2021 | -1.32 Bn |
| Sep 30, 2021 | 2.07 Bn |
| Jun 30, 2021 | 1.03 Bn |