Filing Flows › RB Global (RBA) › Q2 2026 › vs Q2 2025
RB Global (RBA) Q2 2026 vs Q2 2025 (year over year)
RB Global's revenue rose $131M (+11%) from $1.2B in Q2 2025 to $1.3B in Q2 2026. The biggest changes: Inventory sales revenue +$84.9M (+28%); Service revenue +$46.2M (+5%). Operating margin 17.1% against 15.9% (+1.2 pts).
RB Global, Q2 2026: revenue $1.3B (+11% year over year), operating margin 17.1%, net earnings $144M, operating cash flow $142M. The chart draws each line against Q2 2025, the increases inside each band.
Margins
| Q2 2026 | Q2 2025 | Change | |
|---|---|---|---|
| Operating margin | 17.1% | 15.9% | +1.2 pts |
| Net margin | 10.9% | 9.2% | +1.7 pts |
| Free cash flow margin | 4.8% | 20.4% | -15.6 pts |
Every line
| Line | Q2 2026 | Q2 2025 | Change | % |
|---|---|---|---|---|
| Transactional buyer revenue | $611M | $561M | $50.3M | +9% |
| Transactional seller revenue | $239M | $241M | −$1.8M | -0.7% |
| Marketplace services revenue | $83.3M | $85.6M | −$2.3M | -3% |
| Service revenue | $933M | $887M | $46.2M | +5% |
| Inventory sales revenue | $384M | $299M | $84.9M | +28% |
| Revenue | $1.3B | $1.2B | $131M | +11% |
| Operating profit | $225M | $189M | $36.2M | +19% |
| Costs & expenses | $1.1B | $997M | $94.9M | +10% |
| Pre-tax earnings | $186M | $146M | $40.5M | +28% |
| Other expense, net | $38.8M | $43.1M | −$4.3M | -10% |
| SG&A | $211M | $222M | −$11.4M | -5% |
| Other operating costs | $882M | $775M | $106M | +14% |
| Net earnings | $144M | $110M | $33.9M | +31% |
| Income tax | $42.4M | $35.8M | $6.6M | +18% |
| Operating cash sources | $292M | $252M | $39.5M | +16% |
| Depreciation & amortization | $130M | $117M | $13.7M | +12% |
| Share-based compensation | $17.9M | $26.0M | −$8.1M | -31% |
| Working capital & other | $150M | −$74.1M | $224M | — |
| Operating cash flow | $142M | $326M | −$185M | -57% |
| Free cash flow (OCF − capex) | $63.6M | $242M | −$178M | -74% |
| Capital expenditures | $78.1M | $84.8M | −$6.7M | -8% |
Questions
How much did RB Global's revenue grow year over year in Q2 2026?
RB Global's revenue rose $131M (+11%) from $1.2B in Q2 2025 to $1.3B in Q2 2026.
What drove RB Global's revenue change in Q2 2026?
Inventory sales revenue +$84.9M (+28%); Service revenue +$46.2M (+5%).