| Cash Flow | 2025-09-30 | 2025-06-30 |
|---|---|---|
| Net income (loss) | -139 | -499 |
| Vehicle depreciation | 2,025 | 1,350 |
| Amortization of right-of-use assets | 810 | 533 |
| (gain) loss on sale of vehicles, net | -249 | -280 |
| Vehicle related reserves | 263 | 175 |
| Non-vehicle related depreciation and amortization | 174 | 116 |
| Stock-based compensation | 16 | 12 |
| Amortization of debt financing fees | 39 | 27 |
| Early extinguishment of debt costs | -6 | -3 |
| Receivables | -20 | 56 |
| Income taxes and deferred income taxes | -152 | -220 |
| Accounts payable and other current liabilities | 292 | 235 |
| Operating lease liabilities | -812 | -535 |
| Other, net | -68 | -35 |
| Net cash provided by operating activities | 2,859 | 1,456 |
| Property and equipment additions | 136 | 85 |
| Proceeds received on asset sales | 2 | 2 |
| Net assets acquired (net of cash acquired) | 0 | 0 |
| Other, net | 0 | - |
| Net cash used in investing activities exclusive of vehicle programs | -134 | -83 |
| Investment in vehicles | 11,586 | 8,755 |
| Proceeds received on disposition of vehicles | 7,206 | 4,986 |
| Investment in debt securities of avis budget rental car funding (aesop) llcrelated party | 808 | 609 |
| Proceeds from debt securities of avis budget rental car funding (aesop) llcrelated party | 668 | 505 |
| Net cash used in investing activities of vehicle programs | 4,520 | 3,873 |
| Net cash used in investing activities | -4,654 | -3,956 |
| Proceeds from long-term borrowings | 1,579 | 1,100 |
| Payments on long-term borrowings | 1,105 | 610 |
| Repurchases of common stock | 4 | 3 |
| Debt financing fees | 15 | 12 |
| Contributions from non-controlling interests | 12 | - |
| Net cash provided by financing activities exclusive of vehicle programs | 467 | 475 |
| Proceeds from borrowings | 19,360 | 14,086 |
| Payments on borrowings | 17,996 | 12,075 |
| Debt financing fees | 24 | 15 |
| Net cash provided by financing activities of vehicle programs | 1,340 | 1,996 |
| Net cash provided by (used in) financing activities | 1,807 | 2,471 |
| Effect of changes in exchange rates on cash and cash equivalents, program and restricted cash | 30 | 35 |
| Net increase in cash and cash equivalents, program and restricted cash | 42 | 6 |
| Cash and cash equivalents at beginning of period | 597 | - |
| Cash and cash equivalents at end of period | 639 | - |
AVIS BUDGET GROUP, INC. (CAR)
AVIS BUDGET GROUP, INC. (CAR)