Filing Flows › RB Global (RBA) › Q3 2025
RB Global (RBA) Q3 2025 earnings results (third quarter 2025)
10-Q filed Nov 6, 2025
RB Global (RBA) reported revenue of $1.1B for the third quarter 2025 (Q3 2025), +11% from a year earlier and -8% from the quarter before. Operating margin was 14.5%, net earnings $95.2M (8.7% of revenue).
RB Global, Q3 2025: revenue $1.1B (+11% year over year), operating margin 14.5%, net earnings $95.2M, operating cash flow $240M. The chart follows the revenue to costs, profit and cash.
| Q3 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $1.1B | -8% | +11% |
| Operating profit | $158M | -16% | +3% |
| Net earnings | $95.2M | -13% | +25% |
| Operating cash flow | $240M | -27% | -16% |
| Free cash flow | $188M | -22% | -24% |
What changed
Revenue was $1.1B in Q3 2025, up 11% year over year and down 8% from the previous quarter. Transactional buyer revenue was the largest line at 50% of revenue. Transactional buyer revenue added $0.06B year over year (up 12%), 51% of the total change. Marketplace services revenue declined 1%.
Operating profit was $0.16B, a 14.5% margin (down 1.1 points year over year). Of the extra revenue versus a year earlier, 4% reached operating profit, below the 16% margin then. Total costs grew 13% against revenue growth of 11%. The fastest-growing cost line was SG&A (+22%). Net earnings were $0.10B, up 25% year over year. The effective tax rate was 14.8%.
Operating cash flow was $0.24B (down 16% year over year), 252% of net earnings. Non-cash charges added back $0.12B of depreciation and amortization and $0.02B of share-based compensation. Capital expenditures of $0.05B left free cash flow of $0.19B.
Questions
What was RB Global's revenue in the third quarter 2025?
RB Global (RBA) reported revenue of $1.1B for the third quarter 2025 (Q3 2025), +11% from a year earlier and -8% from the quarter before.
Was RB Global profitable in the third quarter 2025?
Operating profit was $158M (14.5% of revenue) and net earnings $95.2M.
Source: RB Global 10-Q on SEC EDGAR.