David Calabria
Senior Vice President, Corporate Finance and Treasurer
Replay available
Avis Budget Group, Inc. (NASDAQ: CAR) Q4 2025 earnings conference call, held 2026-02-19. Replay captured from the company's public earnings webcast.

Senior Vice President, Corporate Finance and Treasurer
Chief Executive Officer
Chief Financial Officer
Morgan Stanley Analyst
North Coast Research Analyst
SIG Analyst
Barclays Analyst
Jefferies Analyst
Greetings. Welcome to the Avis Budget Group Q4 earnings call. At this time, all participants are in a listen-only mode. A question and answer session will follow the formal presentation. If anyone should require operator assistance during the conference, please press star zero on your telephone keypad. Please note this conference is being recorded. I will now turn the conference over to David Calabria, Senior Vice President, Corporate Finance and Treasurer. Thank you, David. You may begin. Good morning, everyone, and thank you for joining us. On the call with me are Brian Choi, our Chief Executive Officer, and Daniel Cunha, our Chief Financial Officer. Before we begin, I would like to remind everyone that we will be discussing forward-looking information, including potential future financial performance, which is subject to risks, uncertainties, and assumptions that could cause actual results to differ materially from such forward-looking statements and information. Such risks and assumptions, uncertainties, and other factors are identified in our earnings release and other periodic filings with the SEC, as well as the investor relations section of our website. Accordingly, forward-looking statements should not be relied upon as a prediction of actual results, and any or all of our forward-looking statements may prove to be inaccurate, and we can make no guarantees about our future performance. We undertake no obligation to update or revise our forward-looking statements. On this call, we will discuss certain non-GAAP financial measures. Please refer to our earnings press release, which is available on our website, for how we define these measures and reconciliations to the closest comparable GAAP measures. With that, I'd like to turn the call over to Brian. Thanks, ...