Hertz Global Holdings' second-quarter revenue increased by 10 percent year over year, its second straight quarter of double-digit percentage gains, fueled in part by what executives on a Thursday earnings call said was rising corporate demand.
Hertz in Q2 made "meaningful gains with corporate and government customers," chief commercial officer Sandeep Dube said.
The company's revenue per day in the quarter increased 9 percent year over year, and RPD at U.S. airport locations, a shorthand metric for business travel performance, increased 12 percent from Q2 2025.
Hertz Q2 Metrics
Hertz Q2 revenue increased to $2.4 billion, which CEO Gil West noted the company achieved despite operating a fleet that was 1 percent smaller year over year. The 10 percent increase follows an 11 percent increase in the first quarter.
The company's second-quarter net income was $64 million, compared with a net loss of $294 million one year prior.
The average rentable vehicles for the quarter were up 1 percent year over year to about 517,800. Transaction days (38.6 million) held steady from prior-year levels, and total revenue per day landed at $61.98.
In the Americas, second-quarter revenue increased 10 percent year over year to $1.9 billion, with RPD also up 10 percent to $62.11. Average rentable vehicles increased 1 percent to 410,800. Transaction days held steady at about 30.9 million.
In Hertz's international segment, second-quarter revenue increased 7 percent to about $478 million. RPD increased 3 percent to $61.49. Average rentable vehicles increased 1 percent to 107,000. Transaction days held about steady at 7.8 million.
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