RB Global reported higher Q3 sales, profit and marketplace volume, crediting digital workflow improvements and faster online processing for strengthening performance across its automotive and heavy-equipment platforms.

Chief executive officer James Kessler said the gains reflect disciplined execution across the organization.

“Their performance underpins our ability to consistently overdeliver on our operational and financial commitments,” he said.

Kessler said the company is seeing significant benefits from technology investments that shorten the time between receiving assets and selling them on its marketplace.

“By reducing the sign-to-settle cycle time through a combination of branch incentives, IAA loan payoff, total procurement and our virtual inspection platform, we have effectively added approximately 25% incremental capacity in our yards compared to pre-transaction levels,” he said.

He added that the improvements are showing up in day-to-day service reliability.

“On-time tow and total performance remained exceptional at 99.7% and 99.8%, respectively, for the quarter,” Kessler said.

RB Global revenue in Q3

For the quarter ending Sept. 30, 2025, RB Global revenue reached $1.093 billion, an 11% increase from $981.8 million in the year-earlier Q3. Net income rose 25% to $95.2 million, up from $76.0 million.

Gross transaction value (GTV) climbed 7% to $3.893 billion, compared with $3.622 billion last year.

Automotive GTV rose 6% year over year to $2.152 billion, supported by a 9% increase in vehicle volumes. Kessler said this marks the third straight quarter the company has outpaced the market, adding that RB Global continues to deliver “solid year-over-year gains and market share.”

U.S. insurance vehicles sold on the platform recorded a 2.5% increase in average selling price.

The company also announced a major expansion of its work with the U.S. General Services Administration. Under the new award, RB Global expects to remarket about 35,000 vehicles annually, moving them through its digital marketplace rather than relying on multiple third-party steps.

“For GSA, this eliminates redundant handoffs and third-party transport from our yards, delivering meaningful cost savings and operational simplicity,” Kessler said.

He added that the win highlights “the breadth and depth of our marketplace and buyer base,” and the company’s nationwide footprint and service record.

In the commercial construction and transportation category, GTV reached $1.329 billion, up 9% from last year. Excluding the prior-year impact of the Yellow Corporation bankruptcy, growth would have been 14%, the company said.

RB Global’s outlook for the rest of 2025

RB Global agreed to acquire Smith Broughton Auctioneers and Allied Equipment Sales in Western Australia for $38 million. Kessler called the businesses “a highly capable team of sales professionals with deep local relationships and market knowledge.”

During the quarter, RB Global launched a redesigned operating model intended to streamline decision-making and support its digital marketplace strategy.

“This new transformative operating model is designed to unlock sustainable growth and drive long-term value for our shareholders,” Kessler said. The company expects more than $25 million in annual run-rate savings by the second quarter of 2026.

RB Global also plans to divest DDI Technologies after concluding it no longer fits the company’s operational plan.

Chief financial officer Eric Guerin said the company tightened its full-year GTV outlook to 0% to 1% growth and raised its adjusted EBITDA forecast to $1.35 billion to $1.38 billion. He noted that adjusted earnings per share jumped 31% in the quarter, driven by higher operating income and a lower tax rate.

Guerin said the macro environment continues to support salvage volumes, citing CCC Intelligent Solutions data showing total-loss frequency rising to 22.6%, up from 21.9% last year.

Percentage changes may not align exactly with dollar figures due to rounding. Check back for more earnings reports. Here’s our previous update on RB Global revenue.

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