Avis Budget Sees 2026 Adjusted EBITDA at $850 Million, Low End of Prior Outlook

• Avis Budget Group expects 2026 adjusted EBITDA of approximately $850 million, the low end of its July guidance range.
• Fourth-quarter adjusted EBITDA is forecast at approximately $165 million, compared with $5 million a year earlier.
• Low-single-digit quarterly revenue growth is expected as higher revenue per day more than offsets declining rental days.
• Third-quarter adjusted EBITDA fell 8% to $513 million, roughly $50 million below expectations, reflecting weaker demand and slow cost adjustments.
• Monthly per-unit fleet costs are projected at $310–$320 for the fourth quarter; the full-year outlook remains $315–$325.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Avis Budget Group Inc. published the original content used to generate this news brief on November 05, 2026, and is solely responsible for the information contained therein.