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
DateValue
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