Quarterly ResultMay 4, 2026, 04:15 PM
RB Global Q1 GTV +13% to $4.3B; Revenue +11%; EPS $0.66
AI Summary
RB Global reported strong first-quarter 2026 financial results, with total gross transaction value (GTV) increasing 13% to $4.3 billion and total revenue up 11% to $1.2 billion. Net income available to common stockholders rose 21% to $124.6 million, and diluted EPS increased 20% to $0.66. The company also raised its full-year 2026 outlook for GTV growth and Adjusted EBITDA, declared a quarterly cash dividend of $0.31 per share, and announced progress on two acquisitions.
Key Highlights
- Q1 2026 Total GTV increased 13% year-over-year to $4.3 billion.
- Q1 2026 Total revenue increased 11% year-over-year to $1.2 billion.
- Q1 2026 Diluted EPS available to common stockholders rose 20% to $0.66.
- Q1 2026 Adjusted EBITDA increased 11% year-over-year to $362.7 million.
- Updated 2026 GTV growth outlook to 6%-9% (from 5%-8%).
- Updated 2026 Adjusted EBITDA outlook to $1,485M-$1,545M (from $1,470M-$1,530M).
- Declared a quarterly cash dividend of $0.31 per common share.
- Received early HSR termination for BigIron acquisition, expected to close in Q2 2026.
- Acquired Blackmon Auctions on April 13, 2026, which processed over $60M GTV in 2025.