RB Global Delivers 5% Q4 Revenue Growth, 15% EPS Rise, Projects $1.47–1.53B EBITDA
RB Global reported Q4 revenue of $1.2B (+5%), with gross transaction value up 4% to $4.3B and service revenue of $917.5M (+5%), while net income declined 8% to $109.4M. Full-year revenue rose 7% to $4.59B, adjusted EPS increased 15% to $3.49. 2026 outlook: 5–8% GTV growth, $1.47–1.53B EBITDA.
1. Q4 Financial Results
In the fourth quarter, RB Global generated $1.2 billion in revenue, a 5% year-over-year increase, supported by a 4% rise in gross transaction value to $4.3 billion. Service revenue climbed 5% to $917.5 million and inventory sales grew 7% to $285.9 million.
2. Full-Year Performance
For the full year 2025, RB Global achieved $4.59 billion in revenue, marking a 7% gain over the prior year. Diluted adjusted earnings per share rose 15% to $3.49, despite fourth-quarter net income dipping 8% to $109.4 million.
3. 2026 Outlook
The company forecasts gross transaction value growth of 5% to 8% in 2026 and expects adjusted EBITDA between $1.47 billion and $1.53 billion, up from $1.3 billion in 2025. Management cites continued margin improvement and cash flow generation as drivers for this outlook.
4. Strategic Investments
RB Global has strengthened margins and generated robust cash flows while allocating capital to strategic initiatives aimed at long-term value creation. Its omnichannel marketplace model, featuring brands such as Ritchie Bros. and IAA, underpins growth in commercial assets and heavy equipment auctions worldwide.