$RBA · RB GLOBAL INC.
RB Global reported Q3 FY2026 results: GTV up 20% YoY to $4.7B, revenue up 17% to $1.274B, net income up 47% to $140.2M, and diluted adjusted EPS up 11% to $1.03. The company raised full-year GTV growth outlook to 14-15% (from 9-11%) and narrowed adjusted EBITDA guidance to $1.525-1.545B. It also declared a $0.33 quarterly dividend and repurchased 3.9M shares for $350M in the quarter.
- GTV rose 20% YoY to $4.7B, with automotive +18% and heavy equipment & transportation +19%.
- Revenue rose 17% YoY to $1.274B; service revenue +10% to $927.9M.
- Net income available to common stockholders rose 59% to $128.7M, aided by an $18.2M excise tax refund.
- FY2026 GTV growth guidance raised to 14-15% from 9-11%.
- Repurchased 3.9M shares for $350M; $500M remains under the NCIB.
Markets closed — no regular-session reaction yet; extended-hours move not captured here.
A guidance raise paired with double-digit GTV and revenue growth signals accelerating marketplace momentum despite take-rate compression.
Broad-based GTV growth across automotive and heavy equipment reflects resilient used-asset marketplace demand, with take-rate compression (186bps) the key margin watch item.
Service revenue take rate fell 186bps YoY to 19.8% on strategic mix shifts, a margin headwind partially offsetting GTV growth.