Business Wire·Nov 9, 2026, 7:50 AM ET

RB Global Reports Third Quarter 2026 Results

RBA

RB Global reported third-quarter 2026 gross transaction value (GTV) of $4.7 billion, a 20% year-over-year increase.
Total revenue rose 17% year-over-year to $1.3 billion, driven by a 10% increase in service revenue to $927.9 million & a 40% increase in inventory sales revenue to $346.5 million.
Net income increased 47% year-over-year to $140.2 million, while net income available to common stockholders grew 59% to $128.7 million.
Diluted earnings per share available to common stockholders reached $0.70, representing a 63% increase, while diluted adjusted EPS increased 11% to $1.03.
Adjusted EBITDA grew 13% year-over-year to $370.9 million, supported by GTV growth & higher inventory returns.
The company repurchased & retired approximately 3.9 million common shares for $350.0 million during the quarter, with $500.0 million remaining available under its NCIB.
RB Global updated its full-year 2026 outlook, raising GTV growth guidance to 14-15% from a prior 9-11% forecast.
The updated full-year 2026 adjusted EBITDA outlook is $1,525 million to $1,545 million, compared to the prior range of $1,495 million to $1,545 million.
Automotive GTV increased 18% year-over-year due to higher unit volumes & average selling prices, while Heavy Equipment & Transportation GTV grew 19% driven by acquisitions & underlying growth.
Service revenue take rate declined 186 basis points year-over-year to 19.8%, attributed to strategic portfolio mix changes & increased real estate transaction volumes.
Inventory sales revenue surged 40% year-over-year, primarily due to higher Heavy Equipment & Transportation volumes & acquisitions.
A quarterly cash dividend of $0.33 per common share was declared on November 6, 2026, payable on December 17, 2026.
RB Global hosted an earnings conference call on November 9, 2026, to discuss these financial results.