RB Global (RBA) Earnings: Q3 2026 Results

The quarter ended September 30, 2026 and RB Global published the results on November 9, 2026. Revenue and diluted EPS are shown against Q3 2025, the same quarter a year earlier, which takes seasonal swings out of the comparison. RB Global reports EPS two ways: GAAP, under the accounting rules every US filer follows, and diluted adjusted EPS, which leaves out items the company considers outside its operating results. The release reconciles the two, and when they diverge, the reconciliation says why.

• EPS figures are RB Global's diluted EPS available to common stockholders, after amounts attributable to its Series A Senior Preferred Shares. Net income shown is net income available to common stockholders.
• From Q2 2026 RB Global combined its former Commercial, Construction and Transportation sector and some Other categories into Heavy Equipment & Transportation, and recast prior-period GTV and lots sold.
• Q3 2026 net income includes a one-time $18.2 million excise tax refund related to the 2023 acquisition of IAA, which adjusted EPS excludes.

Source: RB Global Q3 2026 results, November 9, 2026. Also in the Form 10-Q for the quarter ended September 30, 2026. Figures as reported; checked against the release on November 10, 2026.

How RB Global splits revenue in its own release, under its own labels, for Q3 2026 against Q3 2025. Indented lines are parts of the line above them.

• RB Global's Transactional seller revenue revenue was $235 million in Q3 2026, up 9% from $216 million in Q3 2025, 18% of total revenue.
• RB Global's Transactional buyer revenue revenue was $612 million in Q3 2026, up 13% from $544 million in Q3 2025, 48% of total revenue.
• RB Global's Marketplace services revenue revenue was $80.8 million in Q3 2026, down 5% from $85.4 million in Q3 2025, 6% of total revenue.
• RB Global's Inventory sales revenue revenue was $347 million in Q3 2026, up 40% from $248 million in Q3 2025, 27% of total revenue.

Segment lines are the figures writers cite most often, because they show where the growth in a quarter came from. Companies redraw their segments from time to time and restate the prior year to match, so a year-ago figure here can differ from the one printed a year ago. When that has happened, the note above says so.

From the earnings release

RB Global gives no revenue or EPS outlook. Its release outlook table, updated after Q3, covers GTV growth, Adjusted EBITDA, the tax rate and capital expenditures (prior figures as provided on August 4, 2026).

In its Q3 2026 release, RB Global said:

“GTV growth 14% to 15% 9% to 11%”

“Adjusted EBITDA $1,525 to $1,545 $1,495 to $1,545”

“Full year tax rate (GAAP and adjusted) 22% to 24% 23% to 25%”

Source: RB Global Q3 2026 release, Nov 9, 2026.

This is the company's own guidance as of Nov 9, 2026, quoted as given. Walnut does not make forecasts of its own. Analyst estimates for the coming quarters are on the RBA forecast page.

Revenue and diluted EPS for the last 5 quarters. Each date links to that quarter's release.

Total revenue and GAAP diluted EPS available to common stockholders, each as first reported in that quarter's release.

We do not hold a confirmed date for RB Global's next report. Companies post the date on their investor relations site a few weeks ahead, usually with the time of the conference call.

Each quarter keeps its own page with the figures as reported, so a link to one stays pointed at the same numbers after the next report.

• Q3 2026 (this page), reported Nov 9, 2026

RB Global runs marketplaces for commercial assets and vehicles under brands including Ritchie Bros. and IAA. Most of its revenue is service revenue, fees charged on transactions: $927.9 million of the $1,274.4 million total in Q3 2026, of which buyer fees were $612.4 million, seller fees $234.7 million and marketplace services $80.8 million. The rest, $346.5 million, is inventory sales revenue from assets RB Global owns when it sells them. (RB Global Q3 2026 release, Nov 9, 2026; RB Global Form 10-K, 2025, Feb 25, 2026)

Gross transaction value (GTV), the value of everything sold through its marketplaces, rose 20% to $4,676.1 million, or 14% excluding acquisitions. Automotive GTV rose 18% to $2,528.9 million on higher unit volumes and higher average selling prices for salvage and remarketed vehicles. Heavy Equipment & Transportation GTV rose 19% to $1,932.7 million, mainly from the BigIron and Smith Broughton acquisitions. (RB Global Q3 2026 release, Nov 9, 2026; RB Global Form 10-Q, Q3 2026, Nov 9, 2026)

Service revenue grew more slowly than GTV, up 10%, because the service revenue take rate fell 186 basis points to 19.8%. RB Global attributed that to portfolio mix, including acquisitions, divestitures, growth in automotive remarketing and more real estate transactions. Inventory sales revenue rose 40%, mainly on higher HE&T volumes, a shift in HE&T customer contract preference and acquisitions. (RB Global Q3 2026 release, Nov 9, 2026)

By location of the auction activity, the United States accounted for $906.1 million of revenue, Canada $178.7 million, Australia $82.8 million (against $33.7 million a year earlier), Europe $77.2 million and other regions $29.6 million. Total lots sold rose 13% to 922.9 thousand. (RB Global Form 10-Q, Q3 2026, Nov 9, 2026; RB Global Q3 2026 release, Nov 9, 2026)

RB Global's diluted EPS available to common stockholders rose 63% to $0.70 in Q3 2026, and its diluted adjusted EPS rose 11% to $1.03. The largest item between them is $75.0 million of amortization of acquired intangible assets. Adjusted figures also exclude stock-based compensation ($14.4 million), acquisition-related and integration costs and restructuring costs. (RB Global Q3 2026 release, Nov 9, 2026)

GAAP results got a one-time lift from an $18.2 million refund of excise tax remitted in 2023 in connection with the IAA acquisition, which adjusted EPS excludes. The year-ago quarter carried a $5.0 million adjustment to redeemable non-controlling interest. The effective tax rate was 24.8%. (RB Global Q3 2026 release, Nov 9, 2026; RB Global Form 10-Q, Q3 2026, Nov 9, 2026)

RB Global repurchased and retired about 3.9 million shares for $350.0 million in the quarter, bringing purchases under its Normal Course Issuer Bid to about 5.4 million shares for $500.0 million, with $500.0 million remaining. Diluted weighted average shares were 184.2 million, against 187.1 million. (RB Global Q3 2026 release, Nov 9, 2026)

Diluted EPS divides net income by the weighted average number of shares outstanding in the quarter, plus the shares that options and other equity awards could add. Buybacks shrink that count and lift EPS for the same profit; share issuance and stock awards enlarge it.

RB Global gives a full-year outlook in its release for GTV growth, Adjusted EBITDA, the tax rate and capital expenditures, with no revenue or EPS figure. After Q3 2026 it raised expected 2026 GTV growth to 14% to 15%, from 9% to 11%, and narrowed Adjusted EBITDA to $1,525 million to $1,545 million, from $1,495 million to $1,545 million. It expects a tax rate of 22% to 24% and capital expenditures of $350 million to $400 million. (RB Global Q3 2026 release, Nov 9, 2026)

A consensus figure is the average of the models published by the analysts who cover RB Global, collected by a data provider and revised up to the day of the report. A quarter that lands above it says how expectations were set as much as how the business did, and the share price on the day also reflects the guidance and the lines no consensus covers.

The consensus figures on this page are Yahoo Finance's, as pulled on the date shown. Each comes with the number of analysts behind it; the smaller that number, the more one revised estimate can move the average.

The figures below are the ones RB Global's own release and filings put weight on for Q3 2026, with the latest reported value for each.

What the quarter means for a holding is a separate question from what it reported. The case for and against owning RBA is on is RBA a buy or a sell?, what analysts expect next is on the RBA forecast, and what the company does is on the RB Global (RBA) stock page.

Every number on this page can be traced to a document RB Global published. Checking one takes a couple of minutes, and it is worth doing before you quote a figure anywhere.

• The results release is the document linked in the source line above. Companies publish it on their investor relations site at the moment results go out, and it carries the headline tables: revenue, operating income, net income and EPS for the quarter and the year-ago quarter.
• The same release is filed with the SEC as Exhibit 99.1 to a Form 8-K under Item 2.02, usually on the day of the report. The SEC copy does not change after the fact, which makes it the safer thing to link when you cite a number.
• The quarterly report (Form 10-Q) follows within a few weeks and carries the full financial statements, the segment note and management's discussion of what changed. The fourth quarter is covered by the annual report (Form 10-K) instead.
• Restated comparisons are flagged in the notes on this page. When a company redraws its segments or changes how it adjusts EPS, it restates the year-ago column, so the year-ago figure in a new release can differ from the one printed a year ago. This page always uses the comparison in the newer release, because that is the like-for-like one.

A walk-through of every line in a release, with what each one tells you, is in how to read an earnings report.