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CONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME - USD ($)
$ in Millions
3 Months Ended
Mar. 31, 2025
Mar. 31, 2024
Revenues    
Revenues $ 2,430 $ 2,551
Expenses    
Operating 1,353 1,344
Vehicle depreciation and lease charges, net 1,055 636
Selling, general and administrative 308 325
Vehicle interest, net 210 239
Non-vehicle related depreciation and amortization 56 61
Interest expense related to corporate debt, net 97 83
Restructuring and other related charges 22 3
Transaction-related costs, net 0 1
Other (income) expense, net 6 1
Total expenses 3,107 2,693
Loss before income taxes (677) (142)
Benefit from income taxes (173) (29)
Net loss (504) (113)
Less: Net income attributable to non-controlling interests 1 1
Net loss attributable to Avis Budget Group, Inc. (505) (114)
Comprehensive loss attributable to Avis Budget Group, Inc. $ (497) $ (158)
Loss per share    
Basic (in usd per share) $ (14.35) $ (3.21)
Diluted (in usd per share) $ (14.35) $ (3.21)