Hertz Global Holdings, Inc. (HTZ) Reports $2.6B Revenue and $233M Adjusted EBITDA
Hertz (HTZ) reported Q3 2026 revenue of $2.6B, adjusted net income of $67M, and adjusted EBITDA of $233M, marking the strongest quarterly results in three years. The company is in the midst of a transformation, with management highlighting improved commercial metrics and fleet discipline.
How this was made

The 30-second read
Why it matters
The Q3 results provide the first quantitative evidence of progress in the turnaround plan.
Market read
Earnings release is a primary catalyst for HTZ and may influence the transportation services sector.
What to watch
Potential headwinds from fleet financing costs and future demand for rentals remain uncertain.
Background
Hertz is undergoing a transformation focused on fleet discipline and margin improvement.
Ticker impact
Hertz Global Holdings reported Q3 2026 revenue of $2.6B and adjusted EBITDA of $233M, the strongest quarterly results in three years.
potential modest upside as investors price in stronger commercial metrics
First report of earnings with solid top‑line growth and EBITDA improvement; market may react positively.
Market effects
Improved performance may lift the broader car‑rental and transportation services sector.
U.S. consumer discretionary sentiment could benefit from Hertz's turnaround.
Limited to U.S. markets; no immediate global ripple.
Counterpoint
If the earnings beat is modest and guidance is weak, the rally could be short‑lived.
Key entities
- companyHertz Global Holdings, Inc.
U.S. car‑rental firm reporting Q3 2026 earnings.

