RB Global Lifts 2026 GTV Outlook After Q2 GTV Rises 11% to $4.7 Billion

2 articles · Updated · Yahoo Finance · Aug 9

RB Global posted Q2 gross transaction value of $4.7 billion, up 11%, while adjusted EBITDA rose 6%, prompting the marketplace operator to raise its 2026 GTV growth forecast to 9%–11%.
Automotive market-share gains and acquisition contributions drove the quarter, even as management said some equipment customers remained more deliberate in making purchase decisions.
BigIron, acquired in May, expands RB Global into U.S. farm equipment and agricultural real estate, and management expects it to contribute about CAD 500 million in 2026 GTV.
The company also increased its quarterly dividend about 6.5% to CAD 0.33 a share and reported CAD 150 million in share repurchases, underscoring confidence in longer-term growth.