Hertz Global Holdings (HTZ) Cost of Revenue (2015 - 2026)
Hertz Global Holdings (HTZ) recorded Cost of Revenue of $1.45 billion in Q2 2026, up 4.3% from $1.39 billion a year earlier and up 8.2% from the prior quarter.
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Analysis
Hertz Global Holdings (HTZ) Cost of Revenue (2015 - 2026) Analysis & Trends
On a TTM basis, Hertz Global Holdings' Cost of Revenue came in at $5.62 billion as of Jun 30, 2026, up 1.2% year-over-year; for FY2025, it was $5.49 billion, down 3.5% from FY2024.
- Annual Cost of Revenue has a five-year compound annual growth rate of 9.9% (FY2020 to FY2025).
- Across earlier years, Cost of Revenue came in at $5.69 billion in FY2024 (+4.3%), $5.46 billion in FY2023 (+13.5%), $4.81 billion in FY2022 (+22.7%) and $3.92 billion in FY2021 (+14.5%).
- Quarterly Cost of Revenue has ranged from $1.05 billion in Q1 2022 to $1.5 billion in Q3 2023 over the past five years.
- On a year-over-year basis, Cost of Revenue rose in three of the last eight quarters, with an average decline of 0.6%.
- Peak year-over-year performance for Cost of Revenue in the last five years was growth of 45.2% in Q3 2021, against a decline of 6.7% in Q1 2025 at the low end.
- Per Business Quant, the preceding three quarters came in at $1.34 billion (Q1 2026), $1.37 billion (Q4 2025) and $1.45 billion (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Marriott International | 101.88 Bn | 99.93 Bn | 1.55 Bn | 5.52 Bn |
| 2 | Hilton Worldwide Holdings | 78.92 Bn | 75.40 Bn | 3.08 Bn | 266.00 Mn |
| 3 | Royal Caribbean Cruises | 73.95 Bn | 71.53 Bn | 2.29 Bn | 2.55 Bn |
| 4 | Viking Holdings | 37.11 Bn | 22.24 Bn | 996.62 Mn | 1.19 Bn |
| 5 | Carnival | 35.11 Bn | 28.31 Bn | - | - |
| 6 | Intercontinental Hotels | 26.74 Bn | 22.71 Bn | - | - |
| 7 | Trip.com | 25.84 Bn | -18.92 Bn | 1.84 Bn | 466.00 Mn |
| 8 | Hyatt Hotels | 16.26 Bn | 13.74 Bn | 388.00 Mn | 1.44 Bn |
| 9 | H World | 14.20 Bn | 5.63 Bn | 453.94 Mn | 594.00 Mn |
| 10 | Hertz Global Holdings | 726.07 Mn | -4.51 Bn | 942.00 Mn | 1.45 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 1.45 Bn |
| Mar 31, 2026 | 1.34 Bn |
| Dec 31, 2025 | 1.37 Bn |
| Sep 30, 2025 | 1.45 Bn |
| Jun 30, 2025 | 1.39 Bn |
| Mar 31, 2025 | 1.27 Bn |
| Dec 31, 2024 | 1.41 Bn |
| Sep 30, 2024 | 1.47 Bn |
| Jun 30, 2024 | 1.44 Bn |
| Mar 31, 2024 | 1.37 Bn |
| Dec 31, 2023 | 1.39 Bn |
| Sep 30, 2023 | 1.50 Bn |
| Jun 30, 2023 | 1.35 Bn |
| Mar 31, 2023 | 1.22 Bn |
| Dec 31, 2022 | 1.27 Bn |
| Sep 30, 2022 | 1.28 Bn |
| Jun 30, 2022 | 1.20 Bn |
| Mar 31, 2022 | 1.05 Bn |
| Dec 31, 2021 | 1.07 Bn |
| Sep 30, 2021 | 1.13 Bn |
API Access
Hertz Global Holdings Cost of Revenue API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=cost-of-revenue&ticker=HTZ&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "cost-of-revenue", "ticker": "HTZ", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=cost-of-revenue&ticker=HTZ&period=max&api_key=YOUR_API_KEY");
const data = await res.json();