Hertz Global Holdings annual operating expenses
2020
2021
2022
2023
2024
2025
Hertz Global Holdings Operating Expenses Growth & History (HTZ)
Hertz Global Holdings's operating expenses was $9.33B for fiscal 2025.
View full Hertz Global Holdings company overviewHertz Global Holdings annual operating expenses history
| Fiscal year | Period ended | Operating expenses | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | $9.33B | −$2.95B | −24.03% |
| 2024 | 2024-12-31 | $12.29B | $3.20B | +35.23% |
| 2023 | 2023-12-31 | $9.09B | $2.85B | +45.69% |
| 2022 | 2022-12-31 | $6.24B | −$417.0M | −6.27% |
| 2021 | 2021-12-31 | $6.65B | −$657.0M | −8.99% |
| 2020 | 2020-12-31 | $7.31B | — | — |
Hertz Global Holdings quarterly operating expenses
Q3.21
Q1.22
Q2.22
Q3.22
Q4.22
Q1.23
Q2.23
Q3.23
Q4.23
Q1.24
Q2.24
Q3.24
Q4.24
Q1.25
Q2.25
Q3.25
Q4.25
Q1.26
Q2.26
| Fiscal quarter | Period ended | Operating expenses | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | $258.0M | −$2.24B | −89.68% |
| Q1 2026 | 2026-03-31 | $2.31B | −$30.0M | −1.28% |
| Q4 2025 | 2025-12-31 | $2.25B | −$352.0M | −13.52% |
| Q3 2025 | 2025-09-30 | $2.24B | −$1.95B | −46.52% |
| Q2 2025 | 2025-06-30 | $2.50B | −$325.0M | −11.50% |
| Q1 2025 | 2025-03-31 | $2.34B | −$323.0M | −12.14% |
| Q4 2024 | 2024-12-31 | $2.60B | −$74.0M | −2.76% |
| Q3 2024 | 2024-09-30 | $4.20B | $2.05B | +95.71% |
| Q2 2024 | 2024-06-30 | $2.83B | $547.0M | +24.00% |
| Q1 2024 | 2024-03-31 | $2.66B | $676.0M | +34.06% |
| Q4 2023 | 2023-12-31 | $2.68B | $769.0M | +40.30% |
| Q3 2023 | 2023-09-30 | $2.14B | $295.0M | +15.95% |
| Q2 2023 | 2023-06-30 | $2.28B | $1.05B | +86.04% |
| Q1 2023 | 2023-03-31 | $1.99B | $731.0M | +58.29% |
| Q4 2022 | 2022-12-31 | $1.91B | — | — |
| Q3 2022 | 2022-09-30 | $1.85B | $391.0M | +26.82% |
| Q2 2022 | 2022-06-30 | $1.23B | — | — |
| Q1 2022 | 2022-03-31 | $1.25B | — | — |
| Q3 2021 | 2021-09-30 | $1.46B | — | — |
Hertz Global Holdings operating expenses trends
Over the last five fiscal years, Hertz Global Holdings's operating expenses increased from $7.31B to $9.33B, a change of $2.02B. The latest reported quarter, Q2 2026, shows $258.0M.
About the metric
What operating expenses mean
Operating expenses are the recurring costs of running a company’s business beyond the direct costs used to calculate gross profit. They commonly include selling, general and administrative expenses, research and development, and other operating costs.
Calculation and source
SEC-reported and calculated operating expenses
TickerStat uses operating expenses reported in company SEC filings when available. When a separate total is unavailable, it calculates operating expenses as aligned gross profit minus operating income for the same fiscal period. Fiscal periods can differ from calendar years, so exact period-end dates are included.
Review Hertz Global Holdings source filings ↗