RB Global delivers double-digit revenue growth in Q3

RB Global (NYSE:RBA) reported third-quarter 2026 revenue of US$1.27 billion, up 17% year-over-year, while net income increased 47% to US$140.2 million.

Revenue exceeded the analyst consensus estimate of approximately US$1.18 billion, while adjusted EPS reached US$1.03, beating expectations of US$0.99–US$1.00 and increasing 11% from US$0.93 a year earlier.

Gross transaction value increased 20% to US$4.7 billion, service revenue rose 10% to US$927.9 million, inventory sales revenue increased 40% to US$346.5 million and adjusted EBITDA, a non-GAAP measure, grew 13% to US$370.9 million.

Following the announcement, RB Global shares rose 2.4% to US$95.76 immediately after the results were released, compared with the previous closing price of US$93.52.

RB Global operates a global marketplace connecting buyers and sellers of commercial vehicles, construction equipment, industrial machinery and other assets through auction and digital platforms, including Ritchie Bros. and IAA.

The company raised its 2026 gross transaction value growth outlook to 14%–15% and adjusted EBITDA guidance to US$1.525 billion–US$1.545 billion, while repurchasing 3.9 million shares for US$350 million and declaring a US$0.33 quarterly dividend payable December 17, 2026.