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Vehicle Utilization Rate
Tracks how efficiently the fleet is being used, indicating operational effectiveness and potential for revenue generation.Utilization has recovered to healthy, pre‑pandemic norms and is helping drive the recent RPD and adjusted EBITDA momentum—evidence that fleet productivity and pricing power are improving. However, management says elevated recalls shaved roughly 200 bps of utilization this quarter and it has modestly pulled back capacity, meaning near‑term utilization is being propped up partly by tighter supply rather than pure demand. If recalls abate and disciplined fleet growth continues, utilization should sustain margin gains; if recalls or liquidity constraints persist, utilization and unit economics could deteriorate again.
Date | Vehicle Utilization Rate |
|---|---|
Jun 30, 2026 | 83.00 |
Mar 31, 2026 | 79.00 |
Dec 31, 2025 | 78.00 |
Sep 30, 2025 | 84.00 |
Jun 30, 2025 | 83.00 |
Mar 31, 2025 | 79.00 |
Dec 31, 2024 | 79.00 |
Sep 30, 2024 | 82.00 |
Jun 30, 2024 | 80.00 |
Mar 31, 2024 | 76.00 |