What was Hertz's revenue in Q1 2026?

Hertz reported Q1 2026 revenue of $2,004 million, up 10.5% from $1,813 million in Q1 2025.

Did Hertz post a profit in Q1 2026?

No, Hertz reported a net loss of $333 million, though narrower than the prior year.

What is Hertz's Oro Mobility platform?

Oro Mobility is a Mobility-as-a-Service platform designed to expand Hertz's offerings beyond traditional car rental.

Who are Hertz's new partners?

Hertz announced partnerships with Uber, eBay, The Home Depot, and Aeroplan.

Did Hertz provide guidance for the next quarter?

Hertz did not issue specific numerical guidance but highlighted its focus on partnerships and Oro Mobility.

Hertz Narrows Loss in Q1 2026 as New Partnerships Emerge

Hertz Global Holdings (HTZ) reported Q1 2026 revenue of $2,004 million, up 10.5% YoY, with net loss narrowing to $333 million. The company launched its Oro Mobility platform and announced partnerships with Uber, eBay, and Home Depot.

Hertz Global Holdings (HTZ) reported its first-quarter 2026 results, posting revenue of $2,004 million, compared to $1,813 million in the same period last year, a 10.5% increase. The company narrowed its net loss to $333 million, improving loss per share to $1.06 from a larger loss a year earlier.

Key Financial Results

Metric	Q1 2026	Q1 2025	Change
Revenue	$2,004M	$1,813M	+10.5%
Net Loss	$333M	—	Improved
Loss Per Share	$1.06	—	Improved

(Full prior-year comparatives were not disclosed in the announcement.)

Highlights from the Release

Hertz announced the launch of Oro Mobility, a Mobility-as-a-Service platform aimed at expanding beyond traditional car rental. The company also revealed new partnerships with:

Uber to integrate mobility services.
eBay to expand digital retail channels.
The Home Depot for transportation services.
Aeroplan for loyalty programs.

Guidance

Hertz did not provide specific numerical guidance for the next quarter but emphasized its focus on diversifying revenue through partnerships and the Oro Mobility platform.

Stock Impact

No immediate stock price reaction was reported. Hertz (HTZ) shares continue to trade under the weight of high debt and structural challenges in the car rental industry.

What This Means for Investors

The Q1 results show gradual financial improvement, but the loss remains significant. New partnerships and Oro Mobility could boost long-term revenue, but debt and competitive risks persist. Investors should monitor these initiatives closely.