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RB Global Raises 2026 GTV Growth Outlook After 20% Quarterly Gain

Quarterly GTV rose 14% after excluding acquisitions with no year-earlier contribution. Revenue climbed 17%.

Updated 2 min read
Used vehicles line an auction yard in Nisku, Alberta, Canada. (AI-generated image / EconoTimes)
Used vehicles line an auction yard in Nisku, Alberta, Canada. (AI-generated image / EconoTimes)

Marketplace operator RB Global, Inc. lifted its 2026 gross transaction value (GTV) growth forecast to 14% to 15% after a 20% third-quarter gain, signaling stronger sales across its channels.

The new range, announced Nov. 9, replaces a forecast of 9% to 11%. Quarterly GTV reached $4.676 billion. GTV growth was 14% after the company excluded acquisitions that had no contribution in the year-earlier period.

RB Global cited higher automotive volumes and prices, along with acquisitions, as contributors to the increase. Its marketplaces handle sales of commercial assets, vehicles and real estate.

Revenue rose 17% to $1.274 billion in the quarter. Service revenue increased 10% to $927.9 million, while inventory sales revenue grew 40% to $346.5 million. At 19.8%, the service-revenue take rate was 186 basis points below its year-earlier level.

GTV includes proceeds from private brokerage services, third-party online marketplaces, RB Global's auctions and online marketplaces, and other sales channels. It is separate from revenue and does not measure financial performance, the company says.

RB Global now forecasts 2026 adjusted EBITDA (earnings before interest, taxes, depreciation and amortization) of $1.525 billion to $1.545 billion. Its previous range was $1.495 billion to $1.545 billion. It also lowered its projected range for both GAAP and adjusted tax rates to 22% to 24%, from 23% to 25%.

The company set Nov. 25 as the record date for its next dividend, with payment scheduled for Dec. 17.

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