RB Global reported second-quarter net income available to common stockholders of $132.0 million, up 33% year over year, with diluted earnings per share rising 34% to $0.71 on total revenue of $1.3 billion, an 11% increase. Gross transaction value rose 11% to $4.7 billion, led by the Automotive segment, where GTV climbed 13% to $2,448.7 million, while inventory sales revenue jumped 28% to $383.7 million and the inventory rate widened 180 basis points to 5.9%. The company closed its acquisition of BigIron and raised full-year guidance, lifting expected GTV growth to a range of 9% to 11% from 6% to 9% and nudging adjusted EBITDA guidance up to $1,495 million to $1,545 million; the board also raised the quarterly dividend from $0.31 to $0.33 per share on July 21, 2026, payable September 17, and the company bought back roughly 1.5 million shares for $150.0 million during the quarter. Excluding recent acquisitions, total GTV growth falls from 11% to 7%, and the service revenue take rate fell 110 basis points to 20.0%, while diluted adjusted EPS rose just 6% to $1.13. Hedge fund ownership fell from 41 funds to 37 over the two most recent quarters, short interest sits at 10.54% of float, and the stock trades at a forward price-to-earnings ratio of 17.12 as of September 17.
RB Global Inc.Q2 net income rose 33% to $132M with EPS up 34%, and the board raised the dividend to $0.33 and bought back ~1.5M shares for $150M.
