Avis Budget (CAR) Operating Expenses (2009 - 2026)
Avis Budget (CAR) posted Operating Expenses of $2.9 billion for Q2 2026, up 1.92% sequentially from $2.9 billion in Q1 2026, and down 3.27% YoY from $3.0 billion in Q2 2025.
Avis Budget (CAR) Operating Expenses (2009 - 2026) Analysis & Trends
Avis Budget has reported Operating Expenses for 18 years, with the latest figure at $2.9 billion in Q2 2026.
- Quarterly Operating Expenses fell 3.27% year-over-year to $2.9 billion in Q2 2026, while the trailing twelve-month figure through Jun 2026 was $12.2 billion (down 17.45% YoY) and the FY2025 annual result came in at $12.6 billion, down 12.73% from the prior year.
- Operating Expenses grew to $2.9 billion in Q2 2026 per CAR's latest filing, from $2.9 billion in the prior quarter.
- Over five years, Operating Expenses peaked at $5.6 billion in Q4 2024 and troughed at $1.7 billion in Q1 2022.
- A 5-year average of $2.8 billion and a median of $2.8 billion in 2023 frame the typical range for Operating Expenses.
- The sharpest annual moves came in 2024 and 2025: Operating Expenses soared 113.34% in 2024, then tumbled 38.68% in 2025.
- Over 5 years, Operating Expenses stood at $2.3 billion in 2022, then grew by 15.39% to $2.6 billion in 2023, then jumped by 113.34% to $5.6 billion in 2024, then sank by 38.68% to $3.4 billion in 2025, then fell by 14.07% to $2.9 billion in 2026.
- According to Business Quant data, Operating Expenses over the past three periods registered $2.9 billion, $2.9 billion, and $3.4 billion for Q2 2026, Q1 2026, and Q4 2025 respectively.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Sunbelt Rentals Holdings | 33.76 Bn | 33.73 Bn | 978.00 Mn | 453.00 Mn |
| 2 | AerCap Holdings | 23.45 Bn | 23.45 Bn | 2.02 Bn | 1.37 Bn |
| 3 | U-Haul Holding | 14.49 Bn | 14.49 Bn | - | - |
| 4 | Ryder System | 10.04 Bn | 10.04 Bn | 1.45 Bn | 3.16 Bn |
| 5 | Gatx | 6.36 Bn | 6.36 Bn | 555.30 Mn | 419.70 Mn |
| 6 | Herc Holdings | 5.77 Bn | 5.72 Bn | 713.00 Mn | 158.00 Mn |
| 7 | Avis Budget | 4.98 Bn | 4.42 Bn | - | 2.93 Bn |
| 8 | WillScot Holdings | 4.22 Bn | 4.21 Bn | 306.26 Mn | 165.71 Mn |
| 9 | Mcgrath Rentcorp | 2.97 Bn | 2.97 Bn | 107.91 Mn | 56.44 Mn |
| 10 | Custom Truck One Source | 2.45 Bn | 2.44 Bn | 123.97 Mn | 77.36 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 2.93 Bn |
| Mar 31, 2026 | 2.87 Bn |
| Dec 31, 2025 | 3.40 Bn |
| Sep 30, 2025 | 3.05 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 | 3.02 Bn |
| Mar 31, 2024 | 2.69 Bn |
| Dec 31, 2023 | 2.60 Bn |
| Sep 30, 2023 | 2.81 Bn |
| Jun 30, 2023 | 2.53 Bn |
| Mar 31, 2023 | 2.16 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 | 2.03 Bn |
| Sep 30, 2021 | 2.07 Bn |