RB Global Reports Q4 Revenue of $1.2B
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Feb 17 2026
0mins
Should l Buy RBA?
Reports Q4 revenue $1.2B, consensus $1.17B. "I am incredibly proud of what the RB Global team achieved in 2025," said Jim Kessler, CEO of RB Global. "This year, we advanced our strategic priorities, enhanced our operating model, and delivered meaningful value for our customers, partners and shareholders."
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Analyst Views on RBA
Wall Street analysts forecast RBA stock price to rise
6 Analyst Rating
6 Buy
0 Hold
0 Sell
Strong Buy
Current: 100.520
Low
114.00
Averages
127.00
High
137.00
Current: 100.520
Low
114.00
Averages
127.00
High
137.00
About RBA
RB Global, Inc. is an omnichannel marketplace that provides value-added insights, services and transaction solutions for buyers and sellers of commercial assets and vehicles worldwide. Through its global network of auction sites and digital platform, the Company serves customers worldwide across a variety of asset classes, including automotive, construction, commercial transportation, government surplus, lifting and material handling, energy, mining and agriculture. The Company’s end-to-end marketplace solutions include Ritchie Bros., IAA, Rouse Services, SmartEquip and VeriTread. Rouse Services provides a complete end-to-end asset management, data-driven intelligence and performance benchmarking system. SmartEquip is a technology platform that supports customers' management of the equipment lifecycle and integrates parts procurement with both original equipment manufacturers and dealers. VeriTread is an online marketplace for heavy haul transport.
About the author

Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
- Acquisition Agreement: RB Global has announced a definitive agreement to acquire Big Iron Auction Company, which will accelerate the company's strategic expansion into the U.S. agriculture sector, potentially broadening its customer base and market opportunities.
- Significant Transaction Value: BigIron processed approximately $885 million in gross transaction value, including around $520 million from commercial assets and vehicles and $365 million from agricultural land and real estate transactions, highlighting its strong influence in the agricultural market.
- Independent Brand Operation: Post-acquisition, BigIron will continue to operate as a standalone brand, complemented by RB Global's industrial footprint, which is expected to enhance service offerings through onsite, offsite, and digital channels, thereby increasing market competitiveness.
- Positive Future Outlook: The transaction is expected to close in the second half of 2026, with RB Global and BigIron continuing to operate independently until then, indicating the company's long-term commitment and confidence in the agricultural market.
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- Record Auction Value: Ritchie Bros. achieved over $265 million in gross transaction value at its global auction in Orlando, Florida, selling more than 14,500 pieces of equipment, indicating strong demand and buyer confidence in the equipment market.
- Wide Participation: The auction attracted over 19,500 participants from more than 80 countries, with approximately 86% of assets purchased by U.S. buyers, highlighting the dominant position of the U.S. market in global equipment transactions.
- Diverse Auction Formats: The Orlando auction showcased broad global demand through live onsite bidding, online participation, and Timed Auction formats, reflecting the growth momentum of the 2026 market.
- Increased Market Confidence: Ritchie Bros. President Jake Lawson emphasized that the scale and visibility of the Orlando auction are unmatched, serving as an early indicator of equipment demand and pricing trends, further solidifying the company's leadership in the industry.
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- Auction Transaction Value: Ritchie Bros. achieved over $265 million in gross transaction value during its global auction in Orlando, Florida, selling more than 14,500 items, which underscores strong market demand.
- Wide Participation: The auction attracted over 19,500 participants from more than 80 countries, with approximately 86% of assets sold to U.S. buyers, highlighting the dominance of the U.S. market while also drawing international buyers from Vietnam, Saudi Arabia, and Australia.
- Innovative Auction Formats: The event featured a combination of live onsite bidding, online participation, and Timed Auction formats, showcasing Ritchie Bros.' broad capabilities in the global marketplace and providing customers with value-added services like financing and shipping, thereby enhancing transaction confidence.
- Increased Industry Confidence: Ritchie Bros. President Jake Lawson noted that the scale and visibility of the Orlando auction are unmatched in the industry, serving as an early indicator of equipment demand and pricing trends, reflecting the industry's trust and expectations in their marketplace.
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- Significant Performance Growth: RB Global reported a 4% increase in total gross transaction value (GTV) in Q4 2025, with automotive GTV rising 3% and unit volumes up 2%; excluding catastrophic impacts, automotive GTV and unit volumes grew by 12% and 8% respectively, demonstrating the company's strong market performance.
- Deepened Strategic Partnerships: CEO James Kessler emphasized new long-term agreements with the company's two largest partners, providing long-term visibility into expected volumes, which further enhances the company's strategic positioning and market share, ensuring stable growth in the future.
- Digital Platform Enhancements: The company upgraded its digital platform, introducing new features to increase buyer confidence, and previewed the rollout of the IAA total loss predictor tool in 2026, aimed at dynamic vehicle routing and operational efficiencies for partners, driving business innovation.
- Optimistic Outlook: CFO Eric Guerin provided guidance for 2026, expecting full-year GTV growth between 5% and 8%, with adjusted EBITDA projected between $1.47 billion and $1.53 billion, reflecting the company's confidence in continued market share growth while planning investments in technology and operational efficiency.
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- Significant Performance Growth: In Q4 2025, RB Global's adjusted EBITDA rose by 10%, while gross transaction value (GTV) increased by 4%, reflecting the company's ongoing operational leverage and cost management, which are expected to further enhance shareholder value.
- Strong Automotive Sector Performance: The automotive division saw an 8% year-over-year increase in unit volumes, consistently outperforming the market over the past four quarters, indicating a steady expansion of market share and strengthening strategic relationships with key partners.
- New Product Launch: RB Global plans to roll out the IAA Total Loss Predictor in 2026, aimed at improving operational efficiency through dynamic vehicle routing, which is expected to deliver significant cost savings and economic benefits for partners, further solidifying the company's market position.
- International Market Expansion: The company is launching a new reserved auction format in international markets to provide sellers with greater price control, which is expected to enhance liquidity management capabilities for customers and strengthen competitive positioning globally.
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- Earnings Beat: RB Global reported a Q4 non-GAAP EPS of $1.11, exceeding expectations by $0.12, indicating a robust profitability trend that could enhance investor confidence.
- Significant Revenue Growth: The company achieved $1.2 billion in revenue for Q4, a 5.3% year-over-year increase that surpassed expectations by $30 million, reflecting effective sales strategies and competitive positioning.
- Steady Service Revenue Increase: Service revenue rose 5% year-over-year to $917.5 million, demonstrating the company's ongoing expansion in service offerings and stable customer demand, which further solidifies its market position.
- Total Transaction Value Growth: Total gross transaction value (GTV) increased by 4% year-over-year to $4.3 billion, indicating heightened activity and transaction volume in the auction market, laying a solid foundation for future growth.
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