Filing Flows › RB Global (RBA) › Q2 2025
RB Global (RBA) Q2 2025 earnings results (second quarter 2025)
10-Q filed Aug 6, 2025
RB Global (RBA) reported revenue of $1.2B for the second quarter 2025 (Q2 2025), +8% from a year earlier and +7% from the quarter before. Operating margin was 15.9%, net earnings $110M (9.2% of revenue).
RB Global, Q2 2025: revenue $1.2B (+8% year over year), operating margin 15.9%, net earnings $110M, operating cash flow $326M. The chart follows the revenue to costs, profit and cash.
| Q2 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $1.2B | +7% | +8% |
| Operating profit | $189M | -0.5% | -7% |
| Net earnings | $110M | -3% | -1% |
| Operating cash flow | $326M | +108% | -3% |
| Free cash flow | $242M | +136% | -22% |
What changed
Revenue was $1.2B in Q2 2025, up 8% year over year and up 7% from the previous quarter. Transactional buyer revenue was the largest line at 47% of revenue. Inventory sales revenue added $0.06B year over year (up 26%), 69% of the total change. Marketplace services revenue declined 13%.
Operating profit was $0.19B, a 15.9% margin (down 2.5 points year over year). Operating profit fell $0.01B even though revenue rose $0.09B versus a year earlier, so costs grew faster than sales. Total costs grew 12% against revenue growth of 8%. The fastest-growing cost line was Other operating costs (+13%). Net earnings were $0.11B, down 1% year over year. The effective tax rate was 24.6%.
Operating cash flow was $0.33B (down 3% year over year), 298% of net earnings. Non-cash charges added back $0.12B of depreciation and amortization and $0.03B of share-based compensation. Working capital and other items added $0.07B. Capital expenditures of $0.08B left free cash flow of $0.24B.
Questions
What was RB Global's revenue in the second quarter 2025?
RB Global (RBA) reported revenue of $1.2B for the second quarter 2025 (Q2 2025), +8% from a year earlier and +7% from the quarter before.
Was RB Global profitable in the second quarter 2025?
Operating profit was $189M (15.9% of revenue) and net earnings $110M.
Source: RB Global 10-Q on SEC EDGAR.