RB Global RBA
RB Global reports strong Q3 2026 results
Item 2.02 Reports results, Item 8.01 Other events
- Form
- 8-K
- Filed
- Importance
- Major
- Accession
- 0001628280-26-071893
- Gross transaction value increased 20% year over year to $4.7 billion.
- Net income increased 47% year over year to $140.2 million.
- Diluted earnings per share increased 63% to $0.70 per share.
- Company repurchased and retired 3.9 million shares for $350 million.
Written from the 8-K on EDGAR. AI can make mistakes. Check the filing.
The reading, claim by claim
- In this Form 8-K, filed November 9, 2026, RB Global says under Item 2.02 that it issued a news release announcing financial results for the third quarter ended September 30, 2026.
- The release is furnished as Exhibit 99.1, listed under Item 9.01 and signed by Chief Legal Officer Darren Watt.
- The release reports gross transaction value up 20% year over year to $4.7 billion and revenue up 17% to $1.3 billion.
- Service revenue rose 10% to $927.9 million, and inventory sales revenue rose 40% to $346.5 million.
- Net income increased 47% to $140.2 million.
- Diluted earnings per share available to common stockholders were $0.70, and diluted adjusted earnings per share were $1.03.
- Adjusted EBITDA increased 13% to $370.9 million.
- The Company repurchased and retired approximately 3.9 million common shares for $350.0 million in the quarter.
- As of September 30, 2026, $500.0 million remained available under the Normal Course Issuer Bid.
- For comparison, in its 10-Q for the quarter ended June 30, 2026, RB Global reported revenue of $1.3 billion, net income of $143.5 million and a revenue change of +11.1% from a year earlier.
10 of 10 claims matched the filing text.
From the filing
Item 2.02 Results of Operations and Financial Condition
On November 9, 2026, RB Global, Inc. (the "Company") issued a news release announcing its financial results for the third quarter ended September 30, 2026.1 A copy of the news release is furnished as Exhibit 99.1 to this report.
Item 9.01 Financial Statements and Exhibits
(d)Exhibits
Exhibit Number Description
99.1 News release, dated November 9, 2026 issued by RB Global, Inc.2
104 Cover Page Interactive Data File – the cover page XBRL tags are embedded within the Inline XBRL document
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
Dated: November 9, 2026
RB Global, Inc.
– News Release
RB Global reports third quarter 2026 results
WESTCHESTER, IL, November 9, 2026 – RB Global, Inc. (NYSE & TSX: RBA, the "Company", "RB Global", "we", "us", or "our") reported the following results for the three months ended September 30, 2026.
"Our third-quarter results demonstrate the strength of RB Global's marketplace and the consistent execution of our teams to deliver solid topline and bottom-line growth," said Jim Kessler, CEO of RB Global. "We remain committed to gaining market share, delivering strong growth across all our businesses, and generating improved operating leverage. By increasing our clarity and focus across the organization, we remain confident in our ability to continue creating meaningful value for our customers, partners, and shareholders, while advancing our strategic initiatives that will position us for durable long-term growth."
Third Quarter Financial Highlights1,2,3:
•Gross transaction value ("GTV") increased 20% year over year to $4.7 billion.3
•Revenue increased 17% year over year to $1.3 billion.3
•Service revenue increased 10% year over year to $927.9 million.4
•Inventory sales revenue increased 40% year over year to $346.5 million.4
•Net income increased 47% year over year to $140.2 million.5
•Net income available to common stockholders increased 59% year over year to $128.7 million.
•Diluted earnings per share available to common stockholders increased 63% to $0.70 per share.6
•The Company repurchased and retired approximately 3.9 million common shares for an aggregate purchase price of $350.0 million.8 Since launching the Normal Course Issuer Bid ("NCIB") in the first quarter of 2026, the Company has repurchased and retired approximately 5.4 million common shares for an aggregate purchase price of $500.0 million. As of September 30, 2026, $500.0 million remained available under the NCIB.9
2026 Financial Outlook
The Company has updated its full-year 2026 outlook for select financial data, as shown below:
(in millions, except percentages) Current Outlook Prior Outlook
1 For information regarding RB Global's use and definition of certain measures, see "Key Operating Metrics" and "Non-GAAP Measures" sections in this news release.
2 All figures are presented in U.S. dollars.
3 For the third quarter of 2026 as compared to the third quarter of 2025.
4 Capital expenditures is defined as property, plant and equipment, net of proceeds on disposals, plus intangible asset additions.
RB Global, Inc. 1
Additional Financial and Operational Highlights
| Three months ended September 30, Nine months ended September 30, (in millions, except percentages and per share data) 2026 2025% Change 2026 2025% Change | ||||||
|---|---|---|---|---|---|---|
| GTV | $4,676.1 | $3,893.8 | 20% | $13,689.7 | $11,920.8 | 15% |
| Service revenue | 927.9 | 845.0 | 10% | 2,759.0 | 2,584.7 | 7% |
| Service revenue take rate | 19.8% | 21.7% | (186) bps | 20.2% | 21.7% | (153) bps |
| Inventory sales revenue | $346.5 | $247.7 | 40% | $1,067.1 | $802.6 | 33% |
| Inventory return | 18.1 | 11.6 | 56% | 71.1 | 45.1 | 58% |
| Inventory rate | 5.2% | 4.7% | 54 bps | 6.7% | 5.6% | 104 bps |
| Net income | $140.2 | $95.2 | 47% | $419.4 | $318.2 | 32% |
| Net income available to common stockholders | 128.7 | 80.7 | 59% | 385.3 | 283.1 | 36% |
| Adjusted EBITDA | 370.9 | 327.7 | 13% | 1,120.8 | 1,020.1 | 10% |
| Diluted earnings per share available to common stockholders | $0.70 | $0.43 | 63% | $2.07 | $1.52 | 36% |
| Diluted adjusted earnings per share available to common stockholders | $1.03 | $0.93 | 11% | $3.16 | $2.89 | 9% |
Revenue
| Three months ended September 30, | Nine months ended September 30, | |||||
|---|---|---|---|---|---|---|
| Transactional seller revenue | $234.7 | $215.8 | 9% | $715.2 | $673.6 | 6% |
| Transactional buyer revenue | 612.4 | 543.8 | 13% | 1,800.8 | 1,661.1 | 8% |
| Marketplace services revenue | 80.8 | 85.4 | (5)% | 243.0 | 250.0 | (3)% |
| Total service revenue | 927.9 | 845.0 | 10% | 2,759.0 | 2,584.7 | 7% |
| Inventory sales revenue | 346.5 | 247.7 | 40% | 1,067.1 | 802.6 | 33% |
| Total revenue10 | $1,274.410 | $1,092.7 | 17% | $3,826.1 | $3,387.3 | 13% |
For the Third Quarter:
•GTV increased 20% year-over-year to $4.7 billion, reflecting broad-based strength across all sectors. Automotive GTV increased 18%, driven by higher unit volumes, including the impact of net market share gains, and higher average selling prices across both salvage and remarketed vehicles. GTV in the heavy equipment and transportation ("HE&T") sector increased 19% year-over-year, driven by contributions from acquisitions that were not included in the prior-year period and strong underlying growth. GTV in other increased primarily due to the addition of BigIron real estate transactions. Excluding contributions from acquisitions that were not included in the prior-year period, total GTV increased 14%.
•Service revenue increased 10% year over year to $927.9 million, driven by higher GTV, partially offset by lower service revenue take rate. Service revenue take rate declined 186 basis points year over year to 19.8%, primarily
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