Hertz Global Holdings, Inc. filed its quarterly report on Form 10-Q for the period ended September 30, 2026, with the SEC on November 5, 2026, disclosing condensed consolidated financial statements for the three and nine months ended September 30, 2026.

Key Highlights

  • Total assets of $22.746 billion as of September 30, 2026, up from $22.311 billion as of December 31, 2025, according to the filing.
  • Total debt of $17.911 billion as of September 30, 2026, consisting of $11.958 billion in vehicle debt and $5.953 billion in non-vehicle debt, compared with $17.054 billion at year-end 2025.
  • Stockholders' deficit of $489 million as of September 30, 2026, compared with a deficit of $459 million as of December 31, 2025.
  • Accumulated deficit of $3.402 billion as of September 30, 2026, versus $3.249 billion as of December 31, 2025.
  • 357,465,791 shares of common stock outstanding as of October 29, 2026, with 531,373,578 shares issued and 174,812,044 shares held as treasury stock.
  • Revenue earning vehicles, net, totaled $12.967 billion as of September 30, 2026, up from $12.526 billion at December 31, 2025, against gross vehicles of $14.640 billion less accumulated depreciation of $1.673 billion.
  • Public Warrants liability decreased to $72 million as of September 30, 2026, from $222 million as of December 31, 2025.

Hertz Global Holdings Balance Sheet Details for September 30, 2026

According to the Form 10-Q filed for the quarterly period ended September 30, 2026, Hertz Global Holdings, Inc. (NASDAQ:HTZ) reported total assets of $22.746 billion, compared with $22.311 billion as of December 31, 2025. The filing shows cash and cash equivalents of $531 million, down from $565 million at year-end 2025, while total restricted cash and cash equivalents stood at $592 million, for combined cash of $1.123 billion. Total receivables, net, were $1.294 billion, including non-vehicle receivables net of an allowance of $100 million.

The company disclosed total liabilities of $23.235 billion as of September 30, 2026, against $22.770 billion at December 31, 2025. Vehicle debt accounted for $11.958 billion and non-vehicle debt for $5.953 billion of the $17.911 billion total debt load. Operating lease liabilities were $2.260 billion, and self-insured liabilities were $633 million. The filing noted that consolidated total assets include total assets of variable interest entities of $1.4 billion as of September 30, 2026, which, according to the filing, "can only be used to settle obligations of the VIEs," with VIE total liabilities also at $1.4 billion.

On the equity side, the filing reported an accumulated deficit of $3.402 billion and accumulated other comprehensive loss of $238 million, contributing to a total stockholders' deficit of $489 million. Additional paid-in capital was $6.576 billion. The Hertz Corporation, a subsidiary, had 100 shares of common stock outstanding, 100% owned by Rental Car Intermediate Holdings, LLC, and is noted as a voluntary filer not subject to the filing requirements of Section 13 or 15(d) of the Exchange Act.

What Was Disclosed

Hertz Global Holdings filed its 10-Q for the quarter ended September 30, 2026, reporting total assets of $22.746 billion, total debt of $17.911 billion, and a stockholders' deficit of $489 million, with 357,465,791 common shares outstanding as of October 29, 2026.