Filing Flows › RB Global (RBA) › Q1 2026
RB Global (RBA) Q1 2026 earnings results (first quarter 2026)
10-Q filed May 4, 2026
RB Global (RBA) reported revenue of $1.2B for the first quarter 2026 (Q1 2026), +11% from a year earlier and +3% from the quarter before. Operating margin was 17.6%, net earnings $136M (11.0% of revenue).
RB Global, Q1 2026: revenue $1.2B (+11% year over year), operating margin 17.6%, net earnings $136M, operating cash flow $224M. The chart follows the revenue to costs, profit and cash.
| Q1 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $1.2B | +3% | +11% |
| Operating profit | $218M | +23% | +15% |
| Net earnings | $136M | +24% | +20% |
| Operating cash flow | $224M | -12% | +43% |
| Free cash flow | $173M | -7% | +68% |
What changed
Revenue was $1.2B in Q1 2026, up 11% year over year and up 3% from the previous quarter. Transactional buyer revenue was the largest line at 47% of revenue. Inventory sales revenue added $0.08B year over year (up 32%), 64% of the total change.
Operating profit was $0.22B, a 17.6% margin (up 0.5 points year over year). Of the extra revenue versus Q1 2025, 22% reached operating profit, above the 17% margin then. Total costs grew 11% against revenue growth of 11%. The fastest-growing cost line was Other operating costs (+12%). Net earnings were $0.14B, up 19% year over year. The effective tax rate was 21.7%.
Operating cash flow was $0.22B (up 43% year over year), 165% of net earnings. Non-cash charges added back $0.13B of depreciation and amortization and $0.02B of share-based compensation. Working capital and other items used $0.05B. Capital expenditures of $0.05B left free cash flow of $0.17B.
Questions
What was RB Global's revenue in the first quarter 2026?
RB Global (RBA) reported revenue of $1.2B for the first quarter 2026 (Q1 2026), +11% from a year earlier and +3% from the quarter before.
Was RB Global profitable in the first quarter 2026?
Operating profit was $218M (17.6% of revenue) and net earnings $136M.
Source: RB Global 10-Q on SEC EDGAR.