AI-powered contentSome parts of this article are powered by AI.
Share this article
Gotrade News - RB Global (RBA) reported third-quarter 2026 revenue of $1.3 billion, up 17% year over year, and diluted earnings per share of $0.70, up 63%, according to RB Global's official release filed with the SEC on Monday, November 9, 2026. Net income increased 47% to $140.2 million.
Regular-session close on November 9, 2026, New York time. Prices and changes: Yahoo Finance, cross-checked against the closing price on Nasdaq.com. Market cap: that close times the shares outstanding on the latest 10-Q or 10-K cover (SEC EDGAR).
RB Global Earnings Details
For the three months ended September 30, 2026, RB Global said gross transaction value (GTV) increased 20% year over year to $4.7 billion. Total revenue was $1,274.4 million, compared with $1,092.7 million in the third quarter of 2025. Service revenue increased 10% to $927.9 million, and inventory sales revenue increased 40% to $346.5 million.
Net income available to common stockholders increased 59% to $128.7 million. Diluted adjusted earnings per share available to common stockholders increased 11% to $1.03, from $0.93 a year earlier, and adjusted EBITDA increased 13% to $370.9 million. The company said it repurchased and retired approximately 3.9 million common shares in the quarter for an aggregate purchase price of $350.0 million, and that it declared a quarterly cash dividend of $0.33 per common share on November 6, 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," CEO Jim Kessler said in the release.
Why It Matters for RBA
RB Global updated its full-year 2026 outlook. The company now expects GTV growth of 14% to 15%, compared with 9% to 11% in the outlook it provided on August 4, 2026, and adjusted EBITDA of $1,525 million to $1,545 million, compared with $1,495 million to $1,545 million previously. Its capital expenditures outlook stayed at $350 million to $400 million.
According to the company, the quarter's GTV reflected broad-based strength across all sectors. Automotive GTV increased 18%, and heavy equipment and transportation GTV increased 19%, driven by contributions from acquisitions not included in the prior-year period and strong underlying growth, the company said. Excluding those acquisitions, total GTV increased 14%. The company said net income available to common stockholders included a one-time $18.2 million excise tax refund related to its 2023 acquisition of IAA.
What to watch next: Shareholders of record on Wednesday, November 25, 2026, will receive RB Global's quarterly cash dividend of $0.33 per common share, payable on Thursday, December 17, 2026.
This article is for education and information only and is not investment advice. Investment decisions are yours to make after your own research.
This article was written with the help of AI and checked by the Gotrade team before publishing.
Gotrade is the trading name of Gotrade Securities Inc., which is registered with and supervised by the Labuan Financial Services Authority (LFSA). This content is for educational purposes only and does not constitute financial advice. Always do your own research (DYOR) before investing.
M. Alfathan Rahman is a content writer with over 3 years of experience developing digital content strategies across various industries, including fintech. He has experience producing content for tax-related websites and financial education platforms. His focus areas include data research, and crafting financial articles that are informative, accurate, and accessible to investors of all experience levels.
