RB Global 2025 Q3 Earnings Strong Net Income Growth of 25.3%

RB Global (RBA) reported fiscal 2025 Q3 earnings on November 6, 2025, exceeding revenue and EPS expectations. The company raised its adjusted EBITDA guidance slightly but narrowed GTV growth projections to 0%–1%, reflecting cautious optimism.

Revenue

RB Global’s total revenue surged 11.3% year-over-year to $1.09 billion, outpacing $981.80 million in 2024 Q3. This growth was driven by broad-based gross transaction value (GTV) expansion across sectors.

Earnings/Net Income

Earnings per share (EPS) rose 19.4% to $0.43, surpassing $0.36 in 2024 Q3, while net income jumped 25.3% to $95.20 million, underscoring improved profitability and operational leverage.

Post-Earnings Price Action Review

Following the earnings release, RB Global’s stock price declined 1.18% in the latest trading day, 4.24% over the past week, and 9.03% month-to-date. The mixed post-earnings performance highlights investor caution amid revised GTV guidance and margin pressures.

CEO Commentary

CEO Jim Kessler emphasized “broad-based GTV growth” and a new operating model to enhance customer proximity, while CFO Eric Guerin highlighted disciplined execution driving “solid bottom-line growth.”

Guidance

RB Global updated 2025 outlook: GTV growth of 0%–1% (down from 0%–3%), adjusted EBITDA of $1,350–1,380 million, and capital expenditures of $350–400 million.

Additional News

RB Global increased its quarterly dividend to $0.31 per share, a 7% raise from $0.29, with a 1.3% yield. Institutional investor K.J. Harrison & Partners Inc reduced its stake by 26.9%, while Sigma Planning Corp boosted its position by 45.1%. Additionally, insider Michael Thomas Steven Lewis sold 2,151 shares for $254,140.65.

Revenue

RB Global’s Q3 revenue growth of 11.3% to $1.09 billion outperformed expectations, driven by expanded service revenue take rates and GTV growth. The company’s adjusted EBITDA rose 16% to $327.7 million, reflecting operational efficiencies.

Earnings/Net Income

The 19.4% EPS increase to $0.43 and 25.3% net income growth to $95.20 million highlight strong profitability, though EPS fell short of some analyst estimates.

Post-Earnings Price Action Review

The stock’s post-earnings decline, despite outperforming revenue and EPS estimates, suggests market skepticism toward revised GTV guidance and margin compression risks.