v3.26.3
Segment Information - Schedule of Revenue, Significant Expenses and Segment Measure of Profitability (Details) - USD ($)
$ in Thousands
 3 Months Ended 9 Months Ended
Sep. 30, 2026
Sep. 30, 2025
Sep. 30, 2026
Sep. 30, 2025
Revenue earning equipment        
Revenues $ 2,617,000 $ 2,478,000 $ 7,017,000 $ 6,476,000
Significant segment expenses:        
Direct vehicle and operating 1,547,000 1,454,000 4,345,000 4,122,000
Depreciation of revenue earning vehicles and lease charges, net 468,000 457,000 1,436,000 1,407,000
Selling, general and administrative 256,000 241,000 750,000 706,000
Other segment items (9,000) (9,000) (23,000) (48,000)
Non-vehicle depreciation and amortization (28,000) (29,000) (80,000) (88,000)
Restructuring and restructuring related charges (21,000) (4,000) (37,000) (11,000)
Net (gains) losses on financial instruments 76,000 43,000 156,000 (69,000)
Share-based compensation expense (18,000) (14,000) (55,000) (45,000)
Foreign currency (gains) losses (2,000) (8,000) (2,000) (10,000)
Legal settlement 6,000 154,000 6,000 154,000
(Gain) loss on sale of non-vehicle capital assets     64,000 128,000
Change in fair value of Public Warrants 19,000 (6,000) 150,000 (130,000)
Other     (2,000)  
Income (loss) before income taxes 87,000 234,000 (146,000) (607,000)
Realized losses on derivatives 3,000   7,000  
Realized gain on derivatives   10,000   3,000
The Hertz Corporation        
Revenue earning equipment        
Revenues 2,617,000 2,478,000 7,017,000 6,476,000
Significant segment expenses:        
Direct vehicle and operating 1,547,000 1,454,000 4,345,000 4,122,000
Selling, general and administrative 256,000 241,000 748,000 706,000
Non-vehicle depreciation and amortization (28,000) (29,000) (80,000) (88,000)
(Gain) loss on sale of non-vehicle capital assets   39,000 64,000 128,000
Income (loss) before income taxes 68,000 240,000 (294,000) (477,000)
Non-vehicle        
Significant segment expenses:        
Non-vehicle depreciation and amortization (28,000) (29,000) (80,000) (88,000)
Non-vehicle debt interest, net (158,000) (123,000) (443,000) (371,000)
Vehicle        
Significant segment expenses:        
Vehicle debt-related charges (11,000) (12,000) (33,000) (35,000)
Operating Segments        
Revenue earning equipment        
Revenues 2,617,000 2,478,000 7,017,000 6,476,000
Significant segment expenses:        
Segment profit (loss): Adjusted EBITDA 282,000 256,000 312,000 91,000
Operating Segments | Americas RAC        
Revenue earning equipment        
Revenues 2,045,000 1,910,000 5,591,000 5,138,000
Significant segment expenses:        
Direct vehicle and operating 1,242,000 1,155,000 3,523,000 3,353,000
Depreciation of revenue earning vehicles and lease charges, net 358,000 355,000 1,151,000 1,142,000
Selling, general and administrative 137,000 127,000 398,000 373,000
Other segment items 120,000 120,000 346,000 310,000
Segment profit (loss): Adjusted EBITDA 188,000 153,000 173,000 (40,000)
Operating Segments | International RAC        
Revenue earning equipment        
Revenues 572,000 568,000 1,426,000 1,338,000
Significant segment expenses:        
Direct vehicle and operating 303,000 298,000 815,000 768,000
Depreciation of revenue earning vehicles and lease charges, net 110,000 102,000 285,000 265,000
Selling, general and administrative 71,000 80,000 193,000 184,000
Other segment items (6,000) (15,000) (6,000) (10,000)
Segment profit (loss): Adjusted EBITDA 94,000 103,000 139,000 131,000
Corporate        
Significant segment expenses:        
Segment profit (loss): Adjusted EBITDA $ (49,000) $ (53,000) $ (159,000) $ (173,000)