Hertz Global Holdings, Inc · NASDAQ:HTZ

Hertz Global — Q2 2026 Earnings Presentation

16 slides from Hertz Global's earnings presentation, Aug 6, 2026

  1. Slide 1: Hertz Global Holdings, Inc. Q2 2026 Earnings Presentation

    HERTZ GLOBAL HOLDINGS, INC. Q2 2026 EARNINGS PRESENTATION

  2. Slide 2: Important Disclosures

    IMPORTANT DISCLOSURES FORWARD-LOOKING STATEMENTS NON-GAAP MEASURES AND KEY METRICS Certain statements made within this presentation contain The following non-GAAP measures and key metrics are used in the forward-looking statements. Forward-looking statements are presentation: not guarantees of futur

  3. Slide 3: Hertz – A Global Leader in Car Rental

    HERTZ – A GLOBAL LEADER IN CAR RENTAL Over 100 years of operations ~11,000* ~$8.9B 500K+ locations TTM revenue vehicles ~160* ~26,000 ~24M countries employees annual rentals INVESTOR PRESENTATION | Q2 2026 *includes company operated and franchisee locations Note: Data For Full Year 2025 except where

  4. Slide 4: Hertz Global Brands

    HERTZ GLOBAL BRANDS Multiple brands provide customers a full range of mobility services INVESTOR PRESENTATION | Q2 2026 4

  5. Slide 5: Back-to-Basics Building Blocks

    BACK-TO-BASICS BUILDING BLOCKS METRIC TARGET COMMENTARY Depreciation per • Maintain Buy Right, Hold Right, Sell Right strategy FLEET unit per month Under $300 • ~94% of U.S. Core fleet is model year 2025 and 2026 (DPU) • Achieved Q2 DPU of $302 and targeting ~$300 full year 2026 • Continued focus on

  6. Slide 6: Oro Mobility

    ORO MOBILITY INVESTOR PRESENTATION | Q2 2026 6

  7. Slide 7: Global Q2 Results – Year over Year

    GLOBAL Q2 RESULTS – YEAR OVER YEAR Q2 2025 Q2 2026 COMMENTARY REVENUE . . . . . . . . . . . . . . . . . . $2.2B $2.4B 10% Strong RPD on 1% smaller fleet RPU . . . . . . . . . . . . . . . . . . . . . . . $1,429 $1,542 8% Strong RPD coupled with high total utilization despite elevated recalls RPD . .

  8. Slide 8: Debt and Liquidity

    DEBT AND LIQUIDITY NON-VEHICLE DEBT MATURITY PROFILE * LIQUIDITY POSITION • Liquidity of $984M as of June 30, 2026 $2,511 $2,532 • $628M of unrestricted cash • $356M available under First Lien RCF • $1.0B of excess fair market value cushion in ABS facilities globally • We expect to end 2026 with liq

  9. Slide 9: Contact Us

    CONTACT US Hertz Global Holdings, Inc. Investor Relations 8501 Williams Rd, Estero, FL 33928 Investorrelations@hertz.com INVESTOR PRESENTATION | Q2 2026 9

  10. Slide 10: Appendix

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  11. Slide 11: Non-GAAP Reconciliation

    NON-GAAP RECONCILIATION (In Millions) Q2 2026 Q2 2025 HERTZ GLOBAL HOLDINGS, INC. RECONCILIATION OF GAAP TO NON-GAAP Adjusted Corporate EBITDA: MEASURE – ADJUSTED CORPORATE EBITDA Net Income (Loss) $64 $(294) Adjusted Corporate EBITDA represents income or loss attributable to the Adjustments: Compan

  12. Slide 12: Non-GAAP Reconciliation

    NON-GAAP RECONCILIATION (In Millions) Q2 2026 Q2 2025 HERTZ GLOBAL HOLDINGS, INC. RECONCILIATION OF GAAP TO NON-GAAP Adjusted Operating Cash Flow And Adjusted Free Cash Flow: MEASURES – ADJUSTED OPERATING CASH FLOW Net cash provided by (used in) operating activities $381 $346 AND ADJUSTED FREE CASH

  13. Slide 13: Global Key Metrics

    GLOBAL KEY METRICS ($ In Millions, Except Where Noted) Q2 2026 Q2 2025 Transaction Days ("Days"; also referred to as "volume") Transaction Days represents the total number of 24-hour periods, with any Total RPD partial period counted as one Transaction Day, that vehicles were on rent (the period bet

  14. Slide 14: Global Key Metrics

    GLOBAL KEY METRICS ($ In Millions, Except Where Noted) Q2 2026 Q2 2025 Total Available Car Days Total Available Car Days represents Average Vehicles multiplied by the Total Vehicle Utilization number of days in a given period. Transaction Days (In Thousands) 38,646 38,695 Available Car Days Average

  15. Slide 15: Global Key Metrics

    GLOBAL KEY METRICS ($ In Millions, Except Where Noted) Q2 2026 Q2 2025 Depreciation Per Unit Per Month ("Depreciation Per Unit" or "DPU") Depreciation Per Unit Per Month represents the amount of average Depreciation Per Unit Per Month depreciation expense and lease charges per vehicle per month, exc

  16. Slide 16: Adjusted DOE per Day

    ADJUSTED DOE PER DAY ($ In Millions, Except Where Noted) Q2 2026 Q2 2025 Adjusted Direct Operating Expense per Transaction Day (“Adjusted DOE per Day”) Adjusted DOE per Day is calculated as Direct Operating Expenses - as reported, Adjusted DOE per Transaction Day exclusive of the impacts of foreign

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