RB Global beats Q3 revenue, adjusted EPS estimates
RBA•RBA•RBA•RBA•RB Global’s Q3 revenue rose 17% year over year to $1.3 billion, and adjusted EPS increased 11% to $1.03, beating estimates. The company raised its 2026 GTV growth outlook to 14%-15% and lifted the lower end of its adjusted EBITDA outlook to $1.525 billion.
Q3 revenue was $1.3 billion, compared with the $1.17 billion analyst estimate, while adjusted EPS of $1.03 beat the $1 estimate. Revenue rose 17% year over year and adjusted EPS increased 11%. Net income was $140.2 million, and the company repurchased $350 million in shares during the quarter.
RB Global raised its 2026 GTV growth outlook to 14%-15%, from 9%-11%. It raised the lower end of its 2026 adjusted EBITDA outlook to $1.525 billion from $1.495 billion, maintaining the upper end at $1.545 billion. The company maintained its capital expenditures outlook of $350 million to $400 million.
