RB Global (RBA) Q3 FY2026 earnings: revenue $1.3 billion, up 16.6% on the year

RB Global Inc. (RBA) reported revenue of $1.3 billion for Q3 FY2026, the quarter ended 30 September 2026, up 16.6% on the same quarter a year earlier. Net income was $140 million, up 46.7% on the year, and diluted earnings per share $0.70. The figures are the company's own, from the 10-Q it filed with the SEC on 9 November 2026.

Revenue

$1.3 billion

+16.6% on the year · -3.2% on the quarter

Q4 FY2024Q3 FY2026

Operating margin

17.0%

14.5% a year earlier

Q4 FY2024Q3 FY2026

Net income

$140 million

+46.7% on the year · -2.4% on the quarter

Q4 FY2024Q3 FY2026

Diluted EPS

$0.70

+62.8% on the year · -1.4% on the quarter

Q4 FY2024Q3 FY2026

this quarterthe same quarter a year earlierHover a bar for its figure.

What management said

Guidance figures: 1 raised, 1 lowered, 1 narrowed.

GTV rose 20% year over year: Gross transaction value was $4.7 billion, up 20%, with growth across all sectors.
Adjusted EBITDA rose 13%: Adjusted EBITDA was $370.9 million, up from $327.7 million, driven by GTV growth and higher inventory returns.
Diluted adjusted EPS rose 11%: Diluted adjusted EPS was $1.03, up from $0.93 a year earlier.

Read the earnings call summary

Income statement (profit and loss)

$ million	Q3 FY2026	Q2 FY2026	Q3 FY2025	On the quarter	On the year
Revenue	1,274	1,317	1,093	-3.2%	+16.6%
Selling, general and administrative	212	211	218	+0.5%	-2.8%
Operating income	217	225	158	-3.5%	+37.0%
Operating margin	17.0%	17.1%	14.5%
Interest expense	49.1	42.4	48.2	+15.8%	+1.9%
Pre-tax income	186	186	112	+0.3%	+67.0%
Income tax	46.3	42.4	16.5	+9.2%	+180.6%
Effective tax rate	24.8%	22.8%	14.8%
Net income	140	144	95.5	-2.4%	+46.7%
Net margin	11.0%	10.9%	8.7%
Diluted EPS	$0.70	$0.71	$0.43	-1.4%	+62.8%

$ million except per share.

Free cash flow is operating cash flow less capital expenditure; the effective tax rate is income tax over pre-tax income; margins are the line over revenue. Gross profit is revenue less cost of revenue, and operating income is revenue less the company's own total costs, where the statement does not print those lines. Those four are arithmetic on the filed numbers; everything else is as filed. Money is in $ million as the company files it, or in $ billion by the switch above the tables; per share figures and share counts are as they are.

Cash flow

$ million	Q3 FY2026	Q2 FY2026	Q3 FY2025	On the quarter	On the year
Operating cash flow	250	142	240	+76.2%	+4.2%
Capital expenditure	53.4	78.1	51.2	-31.6%	+4.3%
Free cash flow	196	63.6	188	+208.6%	+4.1%
Free cash flow margin	15.4%	4.8%	17.3%
Cash from investing	-76.2	-446	-237
Cash from financing	-193	104	-95.6
Depreciation and amortisation	133	130	125	+2.0%	+6.7%
Share-based compensation	14.4	17.9	22.8	-19.6%	-36.8%
Buybacks	350	150	0.0	+133.3%
Dividends paid	69.1	66.3	58.2	+4.2%	+18.7%
Dividend per share	$0.33	$0.31	$0.31	+6.5%	+6.5%
Diluted shares, weighted	184m	187m	187m	-1.4%	-1.5%
Shares outstanding at period end	181m	185m	186m	-2.1%	-2.4%

Cash flow lines for the quarter; where the company files them year to date, the quarter is the difference between two filings.

Balance sheet

$ million	Q3 FY2026	Q2 FY2026	Q3 FY2025	On the quarter	On the year
Shareholders' equity	5,298	5,568	5,484	-4.8%	-3.4%
Non-controlling interest	0.4	0.5	1.8	-20.0%	-77.8%
Redeemable equity	482	482	482	0.0%	0.0%
Short-term borrowings	10.0	n/a	n/a
Debt	3,167	2,904	2,642	+9.0%	+19.9%
Operating lease liabilities	1,418	1,446	1,448	-1.9%	-2.0%
Other liabilities	2,109	2,088	2,183	+1.0%	-3.4%
Total liabilities and equity	12,485	12,488	12,240	-0.0%	+2.0%
Fixed assets	1,647	1,610	1,461	+2.3%	+12.7%
Goodwill	4,970	4,930	4,680	+0.8%	+6.2%
Intangible assets	2,280	2,393	2,529	-4.7%	-9.8%
Cash and equivalents	512	525	675	-2.4%	-24.1%
Receivables	889	854	698	+4.0%	+27.4%
Inventory	190	138	121	+37.6%	+56.9%
Other assets	1,997	2,037	2,077	-2.0%	-3.9%
Total assets	12,485	12,488	12,240	-0.0%	+2.0%

Questions

What was RB Global's revenue in Q3 FY2026?

RB Global (RBA) reported revenue of $1.3 billion for Q3 FY2026, the quarter ended 30 September 2026, up 16.6% on the same quarter a year earlier.

How much did RB Global earn in Q3 FY2026?

Net income for Q3 FY2026 was $140 million, up 46.7% on the year, and diluted earnings per share $0.70.

When did RB Global report Q3 FY2026 results?

RB Global filed its 10-Q for the quarter ended 30 September 2026 with the SEC on 9 November 2026.

Quarterly results, the last 20 quarters

	Q4 FY2021 *	Q1 FY2022 †	Q2 FY2022 †	Q3 FY2022 †	Q4 FY2022 *	Q1 FY2023	Q2 FY2023	Q3 FY2023	Q4 FY2023 *	Q1 FY2024	Q2 FY2024	Q3 FY2024	Q4 FY2024 *	Q1 FY2025	Q2 FY2025	Q3 FY2025	Q4 FY2025 *	Q1 FY2026	Q2 FY2026	Q3 FY2026
Revenue	359	394	485	411	444	512	1,106	1,020	1,041	1,065	1,096	982	1,142	1,109	1,186	1,093	1,203	1,235	1,317	1,274
SG&A	128	127	144	133	136	148	194	204	198	198	209	178	189	205	222	218	260	214	211	212
Operating income	52.5	233	91.6	63.5	65.9	-24.9	180	146	171	199	202	153	207	190	189	158	177	218	225	217
Operating margin	15%	59%	19%	15%	15%	-5%	16%	14%	16%	19%	18%	16%	18%	17%	16%	14%	15%	18%	17%	17%
Interest expense	10.4	20.7	18.5	9.2	9.5	20.9	65.0	63.7	64.2	63.9	59.9	57.2	52.7	49.9	47.5	48.2	46.0	44.0	42.4	49.1
Pre-tax income	41.4	214	75.0	57.6	59.0	-37.5	119	86.3	114	140	148	102	160	143	146	112	136	173	186	186
Tax rate	26%	17%	29%	26%	23%	n/a	27%	27%	26%	23%	25%	26%	26%	21%	25%	15%	19%	22%	23%	25%
Net income	30.6	178	53.4	42.9	45.3	-28.1	86.9	63.4	84.3	107	111	76.1	118	113	110	95.5	110	136	144	140
Net margin	9%	45%	11%	10%	10%	-5%	8%	6%	8%	10%	10%	8%	10%	10%	9%	9%	9%	11%	11%	11%
Diluted EPS	$0.27	$1.60	$0.48	$0.38	$0.40	-$0.28	$0.42	$0.30	$0.41	$0.53	$0.54	$0.36	$0.58	$0.55	$0.53	$0.43	$0.53	$0.66	$0.71	$0.70
Operating cash flow	13.5	185	12.9	65.9	199	-57.3	107	157	337	125	337	285	184	157	326	240	255	224	142	250
Capital expenditure	2.8	2.0	2.5	21.8	5.7	23.5	68.7	61.4	74.3	45.2	28.7	36.9	56.6	54.3	84.8	51.2	68.7	51.5	78.1	53.4
Free cash flow	10.6	183	10.4	44.1	193	-80.8	38.5	95.4	263	79.6	309	248	128	102	242	188	186	173	63.6	196
Buybacks	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	0.0	n/a	n/a	150	350
Dividends paid	27.7	27.7	27.7	29.9	29.9	150	49.1	49.2	49.3	49.3	49.6	53.5	53.6	53.5	53.8	58.2	66.7	66.5	66.3	69.1
Shares outstanding	111m	111m	111m	111m	111m	182m	182m	182m	183m	184m	184m	184m	185m	185m	186m	186m	186m	186m	185m	181m
Filing	10-K	10-Q	10-Q	10-Q	10-K	10-Q	10-Q	10-Q	10-K	10-Q	10-Q	10-Q	10-K	10-Q	10-Q	10-Q	10-K	10-Q	10-Q	10-Q

Each quarter as filed, linked to its filing.

* The fourth quarter is the full year less the first three quarters, because the company files the year and not the quarter on its own. A fourth quarter's EPS, and its diluted share count where shown, are from the company's results press release for that quarter, checked against the company's filed figures or a second data source. A quarter marked † is shown as the company last restated it in a later filing, so it compares with the quarters around it on one basis; rest on a figure for the one first filed. EPS is as filed. Money is in $ million as the company files it, or in $ billion by the switch above the tables; per share figures and the share count are as they are. Free cash flow is operating cash flow less capital expenditure; the effective tax rate is income tax over pre-tax income; margins are the line over revenue. Gross profit is revenue less cost of revenue, and operating income is revenue less the company's own total costs, where the statement does not print those lines. Cash flow lines filed year to date are the difference between two filings. Shares outstanding are at the period end where the balance sheet tags them, otherwise the count on the filing's cover page. A derived fourth-quarter EPS is left blank when a split in the year makes the arithmetic meaningless.

10-Q for the period ended 30 September 2026, filed 9 November 2026: the filing.