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Avis Budget Group CAR Customer Loyalty — Deferred lease revenues – current

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ANFRoyalty — Contract with Customer, Liability, Current
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Other financials

Income statement

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Revenue$3.0B-1.3%
Net income$35.0M+775%
EPS (diluted)$0.98+880%

Balance sheet

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Cash & equivalents$687.0M+13.9%
Total debt$9.3B-0.7%
Total equity-$3.4B-23.4%
Total assets$32.3B-0.1%

Cash flow

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Operating cash flow$632.0M-24.5%

Valuation

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Market cap$4.9B-11.1%
Enterprise value$13.51B-5.4%
P/S0.4×-0.1×

Profitability

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Net margin-5.4%-2.3pp

Returns & leverage

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Return on equity76.3%
Debt / equity73.5×
Current ratio0.8×0.0×

Where this comes from

Reported directly by Avis Budget Group in its filing.

Tagged under the XBRL concept us-gaap:ContractWithCustomerLiabilityCurrent.

The source filing: Avis Budget Group’s 10-K, filed February 19, 2026.

Filed
Feb 19, 2026, 4:02 PM EST
Fiscal year
FY2025
Accession
0000723612-26-000012

(a)As of December 31, 2025 and 2024, $22 million and $27 million was included in accounts payable and other current liabilities, respectively, and $33 million and $23 million in other non-current liabilities, respectively. Non-current amounts are expected to be recognized as revenue within two to three years.

ITEM 16. FORM 10-K SUMMARY

FAQ

What is Avis Budget Group's customer loyalty — deferred lease revenues – current?
Avis Budget Group (CAR) reported customer loyalty — deferred lease revenues – current of $22M in Q4 2025.
How has Avis Budget Group's customer loyalty — deferred lease revenues – current changed year-over-year?
Avis Budget Group's customer loyalty — deferred lease revenues – current decreased by 18.5% year-over-year, from $27M to $22M.
What does customer loyalty — deferred lease revenues – current mean?
Represents the portion of lease-related income received in advance that is expected to be recognized within the next twelve months. It highlights the short-term revenue pipeline generated from prepaid lease agreements within the loyalty or rental segment.

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