# AVIS BUDGET GROUP, INC. (CAR) FY2026 YTD Q2 Statement of Cash Flows

- Company: AVIS BUDGET GROUP, INC. (CAR)
- Period: 2026-01-01 to 2026-06-30
- Filing: Q2 FY2026 10-Q, filed 2026-07-29, accession number 0000723612-26-000039
- Page: https://plicit.ai/financials/car/fy2026-ytd-q2-cash-flow
- Chart image: https://plicit.ai/charts/car-fy2026-ytd-q2-cash-flow-sankey.png

## Chart details

Cash flows for Jan 1, 2026 through Jun 30, 2026. Cash basis: Cash, cash equivalents, and restricted cash. Beginning cash: Dec 31, 2025. Ending cash: Jun 30, 2026. Beginning and ending cash are dated balances. Positive cash flows add cash; negative cash flows reduce it.

- **Beginning cash on Dec 31, 2025**: 618,000,000 US dollars. Beginning cash: Cash, cash equivalents, and restricted cash
- **Operating activities**: 1,066,000,000 US dollars. Net cash provided.
- **Net loss**: negative 171,000,000 US dollars
- **Vehicle depreciation**: 1,273,000,000 US dollars
- **Amortization of right-of-use assets**: 583,000,000 US dollars
- **(Gain) loss on sale of vehicles, net**: negative 78,000,000 US dollars
- **Vehicle related reserves**: 136,000,000 US dollars
- **Non-vehicle related depreciation and amortization**: 118,000,000 US dollars
- **Amortization of debt financing fees**: 25,000,000 US dollars
- **Early extinguishment of debt costs**: 3,000,000 US dollars
- **Stock-based compensation**: 7,000,000 US dollars
- **Receivables**: negative 63,000,000 US dollars
- **Income taxes and deferred income taxes**: negative 170,000,000 US dollars
- **Accounts payable and other current liabilities**: 21,000,000 US dollars
- **Operating lease liabilities**: negative 582,000,000 US dollars
- **Other, net**: negative 36,000,000 US dollars
- **Investing activities**: negative 1,611,000,000 US dollars. Net cash used.
- **Property and equipment additions**: negative 109,000,000 US dollars
- **Proceeds received on asset sales**: 2,000,000 US dollars
- **Net assets acquired (net of cash acquired)**: negative 28,000,000 US dollars
- **Other, net**: 8,000,000 US dollars
- **Investment in vehicles**: negative 7,763,000,000 US dollars
- **Proceeds received on disposition of vehicles**: 6,153,000,000 US dollars
- **Investment in debt securities of Avis Budget Rental Car Funding (AESOP) LLC—related party**: negative 445,000,000 US dollars
- **Proceeds from debt securities of Avis Budget Rental Car Funding (AESOP) LLC—related party**: 571,000,000 US dollars
- **Financing activities**: 623,000,000 US dollars. Net cash provided.
- **Payments on borrowings**: negative 12,043,000,000 US dollars
- **Proceeds from borrowings**: 12,723,000,000 US dollars
- **Debt financing fees**: negative 28,000,000 US dollars
- **Proceeds from borrowings (original maturities greater than three months)**: 302,000,000 US dollars
- **Payments on borrowings (original maturities greater than three months)**: negative 315,000,000 US dollars
- **Repurchases of common stock**: negative 7,000,000 US dollars
- **Debt financing fees**: negative 9,000,000 US dollars
- **Operating adjustment reconciliation**: 2,166,000,000 US dollars. Intermediate calculation joining the operating reconciliation branches. Its gross amount includes any portion of net income routed through this junction. It is not an additional cash source or use.
- **financing gross reconciliation**: 13,025,000,000 US dollars. Gross amount at the activity's junction before offsetting its receipts and deductions. It is not an additional cash source or use.
- **investing gross reconciliation**: 8,345,000,000 US dollars. Gross amount at the activity's junction before offsetting its receipts and deductions. It is not an additional cash source or use.
- **Exchange-rate effect**: negative 9,000,000 US dollars
- **Ending cash on Jun 30, 2026**: 687,000,000 US dollars. Ending cash: Cash, cash equivalents, and restricted cash
- **Cash sources and uses**: 2,307,000,000 US dollars. Opening cash plus net sources, equal to net uses plus ending cash.
- **Net cash change**: 69,000,000 US dollars. Ending cash minus beginning cash.
- **Cash flow / Net income**: Not meaningful. Operating cash flow divided by reconciliation net income for the same period. The ratio is not meaningful when net income is zero or negative.

### Chart connections

- Beginning cash plus operating, investing and financing cash flows plus the exchange-rate effect equals ending cash. Negative amounts reduce cash.
- Financing contributions meet at a reconciliation junction before connecting to the net cash total.
- Investing contributions meet at a reconciliation junction before connecting to the net cash total.
- Operating reconciliation adjustments are not all independent cash receipts.
- Net loss −$171.00M + net operating adjustments $1.24B = operating cash +$1.07B. The loss reduces the earnings basis of the reconciliation; it is not a cash payment. The signed loss remains a deduction at the operating reconciliation junction.
- Each activity has one net cash bar connected to the shared cash pool. Positive activity totals enter the pool; negative activity totals leave the pool to fund that activity's net payments. The central pool does not assign a particular funding source to a particular payment.
- The intermediate calculation bars include both sides of the displayed activity breakdowns; they are not additional cash flows.