CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2025	Dec. 31, 2024	Dec. 31, 2023
Revenues
Revenues	$ 11,652	$ 11,789	$ 12,008
Expenses
Operating	5,857	6,014	5,675
Vehicle depreciation and lease charges, net	3,015	2,976	1,739
Selling, general and administrative	1,447	1,352	1,408
Vehicle interest, net	918	941	736
Non-vehicle related depreciation and amortization	231	237	216
Interest expense related to corporate debt, net:
Interest expense	422	358	296
Early extinguishment of debt	6	19	5
Long-lived asset impairment and other related charges	518	2,470	0
Restructuring and other related charges	131	37	11
Transaction-related costs, net	18	3	5
Other (income) expense, net	18	9	3
Total expenses	12,581	14,416	10,094
Income (loss) before income taxes	(929)	(2,627)	1,914
Provision for (benefit from) income taxes	66	(810)	279
Net income (loss)	(995)	(1,817)	1,635
Less: Net income (loss) attributable to non-controlling interests	(106)	4	3
Net income (loss) attributable to Avis Budget Group, Inc.	$ (889)	$ (1,821)	$ 1,632
Earnings (loss) per share
Basic (in USD per share)	$ (25.25)	$ (51.23)	$ 42.57
Diluted (in USD per share)	$ (25.25)	$ (51.23)	$ 42.08