Hertz's Q2 2026 Results: Strong Commercial Momentum and Transformation Progress
Hertz reported strong second-quarter results, showing a 10% year-over-year revenue increase to $2.4 billion despite a 1% smaller fleet, driven by record Revenue per Day and continued strategic transformation.
Hertz's Q2 2026 Results Show Strong Commercial Momentum and Transformation Progress overview
Hertz reported strong second-quarter results, showing a 10% year-over-year revenue increase to $2.4 billion despite a 1% smaller fleet, driven by record Revenue per Day and continued strategic transformation.
Important details from the source
- “This quarter’s results reflect the disciplined execution of our strategy and our consistent commercial strength,” said Gil West, Chief Executive Officer of Hertz.
- “Our performance demonstrates the progress we’re making in transforming the business and delivering tangible operational improvements across the company.
- Revenue increased 10% year over year despite operating with a 1% smaller fleet, driven by our strongest second quarter RPD on record, excluding the extraordinary market conditions in 2022.”.
- On the Company’s strategic priorities, West added: “To unlock long-term opportunities, we’re strengthening our core business while building a platform for growth across four strategic areas: Rent-a-Car, Service, Fleet, and Mobility.
- We are applying our commercial, operational, and fleet management capabilities across these areas to drive greater efficiency, establish diverse engines of growth, and create long-term value.”.
- ESTERO, Fla, August 6, 2026 – Hertz Global Holdings, Inc.
- (NASDAQ: HTZ) (“Hertz,” “Hertz Global,” or the “Company”) today reported results for its second quarter 2026.
- Revenue totaled $2.4 billion in the second quarter, up 10% year over year, driven by Hertz’s strongest second quarter Revenue per Day (RPD) on record, excluding the pandemic peak in 2022.
- Year-over-year Revenue per Unit (RPU) and RPD metrics continued reflecting sequential improvements, with RPU up 8% and RPD up 9% through strong pricing performance.
- GAAP net income for the quarter totaled $64 million and Diluted GAAP EPS was $0.05.
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