RB Global jumps after Q1 beat and raised 2026 GTV, EBITDA outlook
RBA•RB Global shares are higher after the company reported Q1 2026 results with GTV up 13% to $4.3 billion and revenue up 11% to $1.2 billion. Management raised full-year 2026 guidance, lifting GTV growth to 6%–9% and adjusted EBITDA to $1.485–$1.545 billion.
1. What’s moving the stock today
RB Global (RBA) is rallying after posting stronger first-quarter results and lifting its 2026 outlook. The company reported gross transaction value (GTV) of $4.3 billion, up 13% year over year, and revenue of $1.2 billion, up 11%, alongside net income of $135.6 million (+20%) and diluted adjusted EPS of $1.01 (+13%). (investor.rbglobal.com)
2. The key catalyst: guidance raised for 2026
Alongside the quarter, RB Global updated its full-year 2026 outlook upward, increasing expected GTV growth to 6%–9% (from 5%–8%) and raising adjusted EBITDA guidance to $1.485–$1.545 billion (from $1.470–$1.530 billion). The guidance increase is a primary driver of today’s move as investors reprice the earnings power implied by higher marketplace volumes. (investor.rbglobal.com)
3. Under the hood: broad-based volume growth and deal progress
Growth was led by strength across sectors, with automotive GTV up 7% and commercial construction & transportation (CC&T) GTV up 27% in the quarter. Management also highlighted regulatory progress for the BigIron transaction, with Hart-Scott-Rodino clearance received and an expected close in the second quarter, which investors may view as an additional medium-term growth lever even though the updated 2026 outlook is presented without the pending transaction. (investor.rbglobal.com)
