RB Global (RBA)
NYSE:RBA
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Earnings Data
Report Date
Aug 12, 2026After Close (Confirmed)
Period Ending
2026 (Q2)Consensus EPS Forecast
1.14Last Year’s EPS
1.08Same Quarter Last Year
Strong Buy
Based on 5 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Positive
The call painted a largely positive picture: strong top-line GTV growth (13%), significant CC&T momentum, resilient Automotive performance with rising ASPs, double-digit Adjusted EBITDA and adjusted EPS growth, and a raised full-year outlook. Management balanced enthusiasm with caution, noting timing-driven lumpiness in CC&T, a 160 bps decline in the service revenue take rate (partly optical), regional disruptions in the Middle East, and fuel cost headwinds. Strategic M&A progress (BigIron HSR approval) and continued focus on cost discipline and yard efficiencies support confidence in durable, profitable growth, though some near-term uncertainty remains around calendar timing and regional disruptions.Company Guidance
Strong Top-Line Growth (GTV)
Total Gross Transaction Value (GTV) rose 13% year-over-year to $4.3 billion in Q1 2026, with organic GTV (ex-acquisitions) up ~9%, reflecting broad marketplace demand.
Commercial Construction & Transportation Surge
CC&T GTV increased 27% year-over-year (approximately +16% excluding recent acquisitions), driven by higher unit volumes and ASPs and early contribution from certain acquired businesses' auction calendars.
Automotive Resilience and Price Strength
Automotive GTV grew 7% with unit volumes up 1% and average price per vehicle sold up ~6%; U.S. insurance Average Selling Prices expanded ~10% year-over-year, supported by higher salvage returns.
Profitability and Flow-Through
Adjusted EBITDA increased 11% in the quarter, outpacing service revenue growth of 5%, demonstrating strong profit flow-through driven by higher GTV volumes and inventory returns.
Earnings Per Share Improvement
Adjusted earnings per share rose 13% in Q1, primarily due to higher operating income and lower net interest expense.
Raised 2026 Guidance
Company raised its 2026 outlook: expecting GTV growth of 6%–9% for the full year and Adjusted EBITDA growth of ~8% at the midpoint (guidance excludes any impact from BigIron).
Strategic M&A and Regulatory Progress
Received HSR approval for the BigIron acquisition (expected to close in Q2) and completed smaller strategic tuck-ins (e.g., Blackmon), expanding geography and sector coverage (e.g., ag, rail).
Operational Execution and Cost Discipline
SG&A grew only ~4% year-over-year while cost of service remained flat despite an 11% increase in GTV, with ongoing yard-level efficiency and cost-savings initiatives supporting operating leverage.
RBA Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
RBA Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
May 04, 2026 | $105.01 | $106.53 | +1.45% |
Feb 17, 2026 | $104.08 | $107.47 | +3.26% |
Nov 06, 2025 | $95.65 | $99.82 | +4.36% |
Aug 06, 2025 | $107.86 | $110.07 | +2.05% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does RB Global (RBA) report earnings?
RB Global (RBA) is schdueled to report earning on Aug 12, 2026, After Close (Confirmed).
What is RB Global (RBA) earnings time?
RB Global (RBA) earnings time is at Aug 12, 2026, After Close (Confirmed).
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is RBA EPS forecast?
RBA EPS forecast for the fiscal quarter 2026 (Q2) is 1.14.
