赫兹租车 2026年季度报告

FORM 10-Q ☒QUARTERLY REPORT PURSUANT TO SECTION13 OR15(d) OF THE SECURITIES EXCHANGEACT OF1934 For the quarterly period ended June30, 2026OR ☐TRANSITION REPORT PURSUANT TO SECTION13 OR15(d) OF THE SECURITIES EXCHANGEACT OF1934 For the transition period from _________ to _________ Indicate by check mark whether the registrant (1)has filed all reports required to be filed by Section13 or15(d) of theSecurities Exchange Act of1934 during the preceding 12months (or for such shorter period that the registrant was required tofile such reports), and (2)has been subject to such filing requirements for the past 90days.Hertz Global Holdings,Inc.Yes☒No☐ The Hertz CorporationYes☐No☒1 As a voluntary filer, The Hertz Corporation is not subject to the filing requirements of Section 13 or 15(d) of the Securities Exchange Act of 1934 (the"Exchange Act"). The Hertz Corporation has filed all reports pursuant to Section 13 or 15(d) of the Exchange Act during the preceding 12 months as if it wassubject to such filing requirements.1 Indicate by check mark whether the registrant has submitted electronically every Interactive Data File required to be submittedpursuant to Rule 405 of Regulation S-T (§232.405 of this chapter) during the preceding 12 months (or for such shorter periodthat the registrant was required to submit such files).Hertz Global Holdings,Inc.Yes☒No☐ The Hertz CorporationYes☒No☐ Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, a smallerreporting company, or an emerging growth company. See the definitions of "large accelerated filer," "accelerated filer," "smallerreporting company" and "emerging growth company" in Rule12b-2 of the Exchange Act. Indicate by check mark whether the registrant is a shell company (as defined in Rule12b-2 of the Exchange Act). Hertz Global Holdings,Inc.Yes☐No☒The Hertz CorporationYes☐No☒ Indicate by check mark whether the registrant has filed all documents and reports required to be filed by Sections 12, 13 or15(d) of the Securities Exchange Act of 1934 subsequent to the distribution of securities under a plan confirmed by acourt.Yes☒No☐ Indicate the number of shares outstanding of each of the registrant's classes of common stock, as of the latest practicabledate. TABLE OF CONTENTS PART I. FINANCIAL INFORMATION ITEM 1.Condensed Consolidated Financial Statements (Unaudited)1ITEM 2.Management's Discussion and Analysis of Financial Condition and Results of Operations52Consolidated Results of Operations - Hertz56Results of Operations and Selected Operating Data by Segment59Liquidity and Capital Resources67ITEM 3.Quantitative and Qualitative Disclosures About Market Risk80ITEM 4.Controls and Procedures81PART II. OTHER INFORMATIONITEM 1.Legal Proceedings82ITEM 1A.Risk Factors82ITEM 2.Unregistered Sales of Equity Securities and Use of Proceeds82ITEM 3.Defaults Upon Senior Securities82ITEM 5.Other Information82ITEM 6.Exhibits83EXHIBIT INDEX84SIGNATURE88 HERTZ GLOBAL HOLDINGS, INC. AND SUBSIDIARIESTHE HERTZ CORPORATION AND SUBSIDIARIES ITEM 1.CONDENSED CONSOLIDATED FINANCIAL STATEMENTS (UNAUDITED)Index PageHertz Global Holdings, Inc. and SubsidiariesCondensed Consolidated Balance Sheets as of June 30, 2026 and December 31, 2025Condensed Consolidated Statements of Operations for the Three and Six Months Ended June 30, 2026 and 2025Condensed Consolidated Statements of Comprehensive Income (Loss) for the Three and Six Months Ended June30, 2026 and 2025Condensed Consolidated Statements of Changes in Stockholders' Equity (Deficit) for the Three and Six MonthsEnded June 30, 2026 and 2025Condensed Consolidated Statements of Cash Flows for the Six Months Ended June 30, 2026 and 2025The Hertz Corporation and SubsidiariesCondensed Consolidated Balance Sheets as of June 30, 2026 and December 31, 2025Condensed Consolidated Statements of Operations for the Three and Six Months Ended June 30, 2026 and 2025Condensed Consolidated Statements of Comprehensive Income (Loss) for the Three and Six Months Ended June30, 2026 and 202510Condensed Consolidated Statements of Changes in Stockholder's Equity (Deficit) for the Three and Six MonthsEnded June 30, 2026 and 202511Condensed Consolidated Statements of Cash Flows for the Six Months Ended June 30, 2026 and 202512Notes to the Condensed Consolidated Financial StatementsNote 1Background14Note 2Basis of Presentation and Recently Issued Accounting Pronouncements14Note 3Divestitures16Note 4Revenue Earning Vehicles17Note 5Debt17Note 6Revenues and Costs from Leases27Note 7Income Tax (Provision) Benefit29Note 8Public Warrants, Equity and Earnings (Loss) Per Common Share – Hertz Global30Note 9Stock-Based Compensation31Note 10Financial Instruments33Note 11Fair Value Measurements35Note 12Contingencies and Off-Balance Sheet Commitments41Note 13Segment Information44Note 14Subsequent Events51 HERTZ GLOBAL HOLDINGS,INC. AND SUBSIDIARIESCONDENSED CONSOLIDATED BALANCE SHEETSUnaudited(In mill