$RBA · RB GLOBAL INC.
RB Global filed its Q3 FY2026 10-Q. Total revenue grew 16.6% YoY to $1.274B, driven by a 40% jump in inventory sales revenue to $346.5M and 10% service revenue growth to $927.9M. Net income rose 47% to $140.2M, with diluted EPS of $0.70 versus $0.43 a year ago. Operating margin was 17.0%. The company also announced executive leadership changes effective October 8, 2026, including a new CFO.
- Total revenue +16.6% YoY to $1.274B; nine-month revenue +13% to $3.826B.
- Net income +47% YoY to $140.2M; diluted EPS $0.70 vs $0.43.
- Inventory sales revenue +40% YoY to $346.5M; service GTV +19% to $4.33B.
- Effective tax rate rose to 24.8% from 14.8% a year ago.
- New CFO Steve Steinberg appointed Oct 8, 2026; former CFO Eric Guerin departed.
Markets closed — no regular-session reaction yet; extended-hours move not captured here.
Double-digit revenue and profit growth plus a leadership overhaul make this a notable quarter for the $17B auction marketplace operator.
Strong GTV growth of 20% to $4.68B, led by 23% U.S. growth, underscores continued momentum in the industrial and automotive auction marketplace.
Effective tax rate jumped 1,005 bps to 24.8%, and the company faces an unresolved CRA tax matter that could result in material additional taxes, penalties, and interest if its position is not sustained.