v3.26.1
Segment Information - Schedule of Revenue, Significant Expenses and Segment Measure of Profitability (Details) - USD ($)
$ in Thousands
 3 Months Ended 6 Months Ended
Jun. 30, 2026
Jun. 30, 2025
Jun. 30, 2026
Jun. 30, 2025
Revenue earning equipment        
Revenues $ 2,396,000 $ 2,185,000 $ 4,400,000 $ 3,998,000
Significant segment expenses:        
Direct vehicle and operating 1,454,000 1,394,000 2,798,000 2,668,000
Depreciation of revenue earning vehicles and lease charges, net 487,000 415,000 968,000 950,000
Selling, general and administrative 258,000 246,000 494,000 465,000
Other segment items (11,000) (15,000) (14,000) (41,000)
Non-vehicle depreciation and amortization (26,000) (29,000) (52,000) (59,000)
Restructuring and restructuring related charges (8,000) (4,000) (16,000) (7,000)
Net (gains) losses on financial instruments 51,000 (107,000) 80,000 (111,000)
Share-based compensation expense 20,000 16,000 37,000 31,000
Foreign currency (gains) losses 0 2,000 0 (2,000)
(Gain) loss on sale of non-vehicle capital assets     64,000 89,000
Change in fair value of Public Warrants 98,000 (115,000) 131,000 (124,000)
Other     (2,000)  
Income (loss) before income taxes 71,000 (316,000) (233,000) (841,000)
Realized losses on derivatives 3,000 3,000 4,000 7,000
The Hertz Corporation        
Revenue earning equipment        
Revenues 2,396,000 2,185,000 4,400,000 3,998,000
Significant segment expenses:        
Direct vehicle and operating 1,454,000 1,394,000 2,798,000 2,668,000
Selling, general and administrative 258,000 246,000 492,000 465,000
Non-vehicle depreciation and amortization (26,000) (29,000) (52,000) (59,000)
(Gain) loss on sale of non-vehicle capital assets 64,000 89,000 64,000 89,000
Income (loss) before income taxes (27,000) (201,000) (362,000) (717,000)
Non-vehicle        
Significant segment expenses:        
Non-vehicle depreciation and amortization (26,000) (29,000) (52,000) (59,000)
Non-vehicle debt interest, net (148,000) (127,000) (285,000) (248,000)
Vehicle        
Significant segment expenses:        
Vehicle debt-related charges (10,000) (12,000) (22,000) (23,000)
Operating Segments        
Revenue earning equipment        
Revenues 2,396,000 2,185,000 4,400,000 3,998,000
Significant segment expenses:        
Segment profit (loss): Adjusted EBITDA 135,000 81,000 30,000 (165,000)
Operating Segments | Americas RAC        
Revenue earning equipment        
Revenues 1,918,000 1,738,000 3,546,000 3,228,000
Significant segment expenses:        
Direct vehicle and operating 1,183,000 1,132,000 2,281,000 2,198,000
Depreciation of revenue earning vehicles and lease charges, net 391,000 325,000 793,000 787,000
Selling, general and administrative 139,000 132,000 261,000 246,000
Other segment items 117,000 106,000 226,000 190,000
Segment profit (loss): Adjusted EBITDA 88,000 43,000 (15,000) (193,000)
Operating Segments | International RAC        
Revenue earning equipment        
Revenues 478,000 447,000 854,000 770,000
Significant segment expenses:        
Direct vehicle and operating 270,000 263,000 512,000 470,000
Depreciation of revenue earning vehicles and lease charges, net 96,000 90,000 175,000 163,000
Selling, general and administrative 64,000 57,000 122,000 104,000
Other segment items 1,000 (1,000) 0 5,000
Segment profit (loss): Adjusted EBITDA 47,000 38,000 45,000 28,000
Corporate        
Significant segment expenses:        
Segment profit (loss): Adjusted EBITDA $ (54,000) $ (63,000) $ (110,000) $ (119,000)