Avis Budget Group Posts $856 Million Net Loss as Revenue Falls Short of Expectations

NEW YORK , March 4, 2026 /PRNewswire/ -- Avis Budget Group (NASDAQ: CAR) shareholders suffered significant losses after the company reported a Q4 2025 GAAP net loss of $856 million and revenue that missed analyst consensus estimates by approximately $80 million. If you lost money on your CAR investment, you are encouraged to obtain additional information and submit your details here. You may also contact Joseph E. Levi, Esq. via email at jlevi@levikorsinsky.com or by telephone at (212) 363-7500.

The Q4 2025 loss was driven in significant part by a material write-down of the company's electric vehicle fleet. The EV-fleet impairment directly reduced the value of vehicles pledged as collateral for $965 million in asset-backed securities issued by the company's Interpace Funding LLC subsidiary on December 30, 2025. In a January 5, 2026, 8-K filing describing the notes as "secured ... by certain vehicles in our domestic fleet and other related assets," the filing did not reference the EV-fleet write-down recorded in the same reporting period.

The $856 million net loss and the adjusted loss of $747 million represented a sharp deterioration in the company's financial condition. Earlier in 2025, then-CFO Izzy Martins had told investors on the Q1 earnings call: "We do not expect any further fleet-related charges from this change in strategy." The company subsequently recorded the material Q4 EV-fleet write-down.

Shareholders who purchased Avis Budget Group stock and suffered a loss are encouraged to submit their information now. You may also contact Joseph E. Levi, Esq. via email at jlevi@levikorsinsky.com or by telephone at (212) 363-7500.

ABOUT LEVI & KORSINSKY, LLP -- Over the past 20 years, Levi & Korsinsky has secured hundreds of millions of dollars for aggrieved shareholders. The firm has extensive expertise in complex securities litigation and a team of over 70 employees. For seven consecutive years, Levi & Korsinsky has ranked in ISS Securities Class Action Services' Top 50 Report.

CONTACT:
Levi & Korsinsky, LLP
Joseph E. Levi, Esq.
Ed Korsinsky, Esq.
33 Whitehall Street, 27th Floor
New York, NY 10004
jlevi@levikorsinsky.com
Tel: (212) 363-7500
Fax: (212) 363-7171

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