RB Global reported higher revenue, net income and gross transaction value in 2025, ending on growth in Q4.
It cited disciplined execution and expanded use of artificial intelligence (AI) to improve pricing, routing and productivity across its automotive salvage and equipment auction businesses.
For the year ending Dec. 31, RB Global said revenue increased 7% to $4.59 billion, up from $4.28 billion in 2024. Net income rose 4% to $427.6 million, compared with $412.8 million a year earlier. Gross transaction value (GTV) increased 2% to $16.20 billion, from $15.90 billion in 2024.
“I am incredibly proud of what the RB Global team achieved in 2025,” CEO James Kessler said.
He pointed to progress on strategic priorities, improvements to the operating model and continued focus on customer execution.
Chief financial officer Eric Guerin said the company maintained financial discipline, strengthened margins and generated cash flow while continuing to invest in initiatives aimed at supporting long-term growth.
RB Global revenue and GTV in Q4 2025
In the fourth quarter, GTV increased 4% year over year to $4.28 billion, driven by growth in both the automotive and commercial construction and transportation segments. RB Global revenue rose 5% to $1.20 billion in Q4, while net income declined 8% to $109.4 million. Adjusted EBITDA increased 10% to $379.6 million. That reflected higher GTV and service revenue take rates, partially offset by higher operating expenses and lower inventory returns.
Automotive GTV increased 3% in the quarter and 5% for the full year. Market share gains and higher volumes from existing insurance partners supported that growth. Commercial construction and transportation GTV rose 9% in the quarter, aided by acquisitions and improved asset mix. However, it declined 2% for the full year amid cyclical pressure. GTV in the “Other” category increased 3% for the year.
Executives highlighted several AI-driven initiatives to improve pricing accuracy, shorten cycle times and increase productivity.
A central development is an AI-powered total loss predictor in the automotive salvage business. The tool uses vehicle images and data to estimate whether to total or repair a vehicle — potentially at the scene of an accident. It allows insurance carriers to route vehicles more efficiently and reduce towing, storage and rental-car costs. The company said testing has shown accuracy rates in the high 90% range. It has planned a broader rollout in 2026.
“At the point of an accident, the ability to route the vehicle to the right destination is where you get the most value,” Kessler said on the earnings call.
RB Global also launched an AI-enabled sales training platform for territory managers. The system allows sales staff to practice customer conversations with an AI-driven counterpart, receive real-time coaching and standardize best practices. Management said it intends for the tool to accelerate new-hire ramp times and improve productivity without materially increasing selling costs.
New auction features
On the buyer side, RB Global introduced new auction features that indicate when an item is “guaranteed to sell.” The move aims at increasing buyer confidence and supporting stronger pricing. The company also enhanced its websites to deliver more localized content and support for buyers across regions.
Internationally, RB Global expanded its digital auction formats with the launch of reserved auctions on rbauction.com, targeting markets where sellers prefer minimum price protection while retaining flexibility to move assets into unreserved channels.
Looking ahead, RB Global forecast GTV growth of 5% to 8% in 2026 and adjusted EBITDA of $1.47 billion to $1.53 billion. It expects capital expenditures to range from $350 million to $400 million, with roughly one-third allocated to technology investments and the remainder directed toward physical assets such as land and facilities.
Executives characterized AI as an operational enabler rather than a disruptive threat, emphasizing the company’s physical infrastructure, long-standing partner relationships and proprietary transaction data.
“Our advantage is built on scaled and trusted execution that AI alone can’t replicate,” Kessler said.
RB Global said it remains focused on using digital and AI tools to improve efficiency, strengthen partner economics and grow faster than the broader market as it enters 2026.
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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