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The latest financial statement is for the quarter ending 2026-03-31.

Cash Flow Overview

Unit: Million (M) dollars
Positive Cash Flow Breakdown
    • Proceeds from disposal of revenu...
    • Proceeds from issuance of debt-N...
    • Proceeds from issuance of debt-V...
    • Others
Negative Cash Flow Breakdown
    • Revenue earning vehicles expendi...
    • Repayments of debt-Vehicle Relat...
    • Repayments of debt-Non Vehicle R...
    • Others

Cash Flow
2026-03-31
2025-12-31
2025-09-30
2025-06-30
Net income (loss)
-333 -194 184 -294
Depreciation and reserves for revenue earning vehicles, net
537 563 503 1,082
Depreciation and amortization, non-vehicle
26 29 29 29
Amortization of deferred financing costs and debt discount (premium)
19 25 21 20
Accreted interest on exchangeable notes
7 ---
Non-cash paid-in-kind ('pik') interest on exchangeable notes
11 0 10 0
Stock-based compensation charges
17 17 14 16
Stock-based compensation forfeitures
-0 0 0
Provision for receivables allowance
44 41 33 28
Deferred income taxes, net
26 -44 60 -148
Long-lived assets impairment
-0 0 -
(gain) loss on sale of non-vehicle capital assets
3 16 39 86
Change in fair value of public warrants
-33 -86 6 115
Changes in financial instruments
-109 32 -104
Unrealized (gain) loss on financial instruments
30 ---
Other
1 1 -4 5
Non-vehicle receivables
73 -11 -62 127
Prepaid expenses and other assets
53 -18 -23 19
Operating lease right-of-use assets
112 114 105 218
Non-vehicle accounts payable
46 -31 15 21
Accrued liabilities
-251 4 -79 117
Accrued taxes, net
24 -38 -1 -34
Operating lease liabilities
-69 -99 -96 -95
Self-insured liabilities
-5 -13 21 7
Net cash provided by (used in) operating activities
20 193 835 346
Revenue earning vehicles expenditures
3,602 2,384 1,903 3,049
Proceeds from disposal of revenue earning vehicles
2,527 2,116 1,720 2,126
Non-vehicle capital asset expenditures
29 27 26 22
Proceeds from disposal of non-vehicle capital assets
6 23 51 99
Return of (investment in) equity investments
-1 0 0
Net cash provided by (used in) investing activities
-1,098 -273 -158 -846
Proceeds from issuance of debt-Vehicle Related Service
745 1,307 850 2,648
Repayments of debt-Vehicle Related Service
425 1,476 1,295 1,606
Proceeds from issuance of debt-Non Vehicle Related Service
1,205 670 775 156
Repayments of debt-Non Vehicle Related Service
374 790 519 579
Payment of financing costs
7 14 27 28
Share repurchases
-0 --
Purchase of capped call transactions 2030, net
-0 38 -
Other
-8 -2 -2 -4
Net cash provided by (used in) financing activities
1,136 -305 -256 587
Effect of foreign currency exchange rate changes on cash and cash equivalents and restricted cash and cash equivalents
-6 3 -1 21
Net increase (decrease) in cash and cash equivalents and restricted cash and cash equivalents during the period
52 -382 420 108
Cash and cash equivalents at beginning of period
--1,129 1,021
Cash and cash equivalents and restricted cash and cash equivalents at beginning of period
1,167 1,549 --
Cash and cash equivalents at end of period
--1,549 1,129
Cash and cash equivalents and restricted cash and cash equivalents at end of period
1,219 1,167 --
Unit: Million (M) dollars (except for numbers of shares and EPS). Numbers labeled with * are estimated quarterly values.

Time Plot

Show the time plot by selecting a row from the table.

Cash Flow

Proceeds from issuance ofdebt-Non Vehicle Related...$1,205M (33.89%↑ Y/Y)Depreciation and reserves forrevenue earning...$537M (-13.94%↓ Y/Y)Proceeds from issuance ofdebt-Vehicle Related Service$745M (-33.84%↓ Y/Y)Operating leaseright-of-use assets$112M (-0.88%↓ Y/Y)Non-vehicle accountspayable$46M (557.14%↑ Y/Y)Provision for receivablesallowance$44M (76.00%↑ Y/Y)Deferred income taxes,net$26M (120.97%↑ Y/Y)Depreciation andamortization, non-vehicle$26M (-13.33%↓ Y/Y)Accrued taxes, net$24M (-36.84%↓ Y/Y)Amortization of deferredfinancing costs and debt...$19M (-5.00%↓ Y/Y)Stock-based compensationcharges$17M (6.25%↑ Y/Y)Non-cash paid-in-kind('pik') interest on...$11M (0.00%↑ Y/Y)Accreted interest onexchangeable notes$7M Other$1M (-75.00%↓ Y/Y)Net cash provided by(used in) financing...$1,136M (228.32%↑ Y/Y)Net cash provided by(used in) operating...$20M (-92.03%↓ Y/Y)Canceled cashflow$814M Canceled cashflow$850M Net increase(decrease) in cash and cash...$52M (146.43%↑ Y/Y)Canceled cashflow$1,104M Repayments of debt-VehicleRelated Service$425M (-69.29%↓ Y/Y)Repayments of debt-NonVehicle Related Service$374M (33.57%↑ Y/Y)Other-$8M (-166.67%↓ Y/Y)Payment of financingcosts$7M (-46.15%↓ Y/Y)Proceeds from disposal ofrevenue earning...$2,527M (18.97%↑ Y/Y)Proceeds from disposal ofnon-vehicle capital assets$6M (-77.78%↓ Y/Y)Net income (loss)-$333M (24.83%↑ Y/Y)Accrued liabilities-$251M (-1295.24%↓ Y/Y)Non-vehicle receivables$73M (269.77%↑ Y/Y)Operating leaseliabilities-$69M (38.94%↑ Y/Y)Prepaid expenses andother assets$53M (55.88%↑ Y/Y)Change in fair value ofpublic warrants-$33M (-466.67%↓ Y/Y)Unrealized (gain) loss onfinancial instruments$30M Self-insured liabilities-$5M (-171.43%↓ Y/Y)(gain) loss on sale ofnon-vehicle capital assets$3M (0.00%↑ Y/Y)Net cash provided by(used in) investing...-$1,098M (-52.92%↓ Y/Y)Effect of foreigncurrency exchange rate...-$6M (-166.67%↓ Y/Y)Canceled cashflow$2,533M Revenue earningvehicles expenditures$3,602M (26.52%↑ Y/Y)Non-vehicle capital assetexpenditures$29M (31.82%↑ Y/Y)

HERTZ GLOBAL HOLDINGS, INC (HTZWW)

HERTZ GLOBAL HOLDINGS, INC (HTZWW)