HERTZ GLOBAL HOLDINGS, INC
Cash Flow Statement
| Line Item | Mar 2026 | Sep 2025 | Jun 2025 | Mar 2025 | Sep 2024 | Jun 2024 | Mar 2024 | Sep 2023 |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Net Income | $-333.0M | $184.0M | $-294.0M | $-443.0M | $-1.33B | $-865.0M | $-186.0M | $629.0M |
| Depreciation & Amortization | $26.0M | $29.0M | $29.0M | $30.0M | $34.0M | $41.0M | $32.0M | $33.0M |
| Depreciation | $26.0M | $29.0M | $29.0M | $30.0M | $34.0M | $41.0M | $32.0M | — |
| Amortization | — | — | — | — | — | — | — | — |
| Stock-Based Compensation | — | — | — | — | — | — | — | — |
| Net Cash from Operating Activities | $20.0M | $835.0M | $346.0M | $251.0M | $894.0M | $546.0M | $370.0M | $851.0M |
| Investing Activities | ||||||||
| Capital Expenditures | $29.0M | $26.0M | $22.0M | $22.0M | $22.0M | $26.0M | $33.0M | $28.0M |
| Business Acquisitions | — | — | — | — | — | — | — | — |
| Net Cash from Investing Activities | $-1.10B | — | — | $-718.0M | — | — | $-703.0M | — |
| Financing Activities | ||||||||
| Dividends Paid | — | — | — | — | — | — | — | — |
| Stock Repurchases | — | — | — | — | — | — | $0 | — |
| Net Cash from Financing Activities | $1.14B | — | — | $346.0M | — | — | $85.0M | — |
| Net Change in Cash | $52.0M | — | — | $-112.0M | — | — | $-261.0M | — |
| Free Cash Flow | $-9.0M | $809.0M | $324.0M | $229.0M | $872.0M | $520.0M | $337.0M | $823.0M |