Revenue: As of FY2025 Q4, the actual value is USD 1.203 B, beating the estimate of USD 1.165 B.EPS: As of FY2025 Q4, the actual value is USD 0.53, missing the estimate of USD 0.615.EBIT: As of FY2025 Q4, the actual value is USD 218.7 M.<h4>Dividend Declaration</h4>On January 20, 2026, RB Global, Inc. declared a quarterly cash dividend of $0.31 per common share, payable on March 2, 2026, to shareholders of record as of February 9, 2026.<h4>Fourth Quarter 2025 Financial Highlights</h4><ul><li>Total Gross Transaction Value (GTV) increased 4% year over year to $4,281.1 million, compared to $4,101.2 million in the fourth quarter of 2024.</li><li>Total Revenue increased 5% year over year to $1,203.4 million, up from $1,141.6 million in the fourth quarter of 2024.</li><li>Service Revenue increased 5% year over year to $917.5 million, compared to $875.5 million in the fourth quarter of 2024.</li><li>Service Revenue Take Rate expanded 10 basis points year over year to 21.4%, compared to 21.3% in the fourth quarter of 2024.</li><li>Inventory Sales Revenue increased 7% year over year to $285.9 million, compared to $266.1 million in the fourth quarter of 2024.</li><li>Inventory Return was $12.8 million, a -15% decrease from $15.1 million in the fourth quarter of 2024.</li><li>Inventory Rate declined 120 basis points year over year to 4.5%, compared to 5.7% in the fourth quarter of 2024.</li><li>Net Income decreased 8% year over year to $109.4 million, compared to $118.4 million in the fourth quarter of 2024.</li><li>Net Income Available to Common Stockholders decreased 8% year over year to $99.1 million, compared to $107.8 million in the fourth quarter of 2024.</li><li>Adjusted EBITDA increased 10% year over year to $379.6 million, compared to $346.0 million in the fourth quarter of 2024.</li><li>Operating Income was $177.0 million, a decrease from $207.0 million in the fourth quarter of 2024.</li><li>Interest Expense was - $46.0 million, compared to - $52.7 million in the fourth quarter of 2024.</li><li>Interest Income was $4.3 million, compared to $5.9 million in the fourth quarter of 2024.</li><li>Income Tax Expense was $26.1 million, compared to $42.0 million in the fourth quarter of 2024.</li></ul><h4>Full Year 2025 Financial Highlights</h4><ul><li>Total Gross Transaction Value (GTV) increased 2% to $16,201.9 million, compared to $15,904.8 million in 2024.</li><li>Total Revenue increased 7% to $4,590.7 million, compared to $4,284.2 million in 2024.</li><li>Service Revenue increased 4% to $3,502.2 million, compared to $3,363.6 million in 2024.</li><li>Service Revenue Take Rate increased 50 basis points to 21.6%, compared to 21.1% in 2024.</li><li>Inventory Sales Revenue increased 18% to $1,088.5 million, compared to $920.6 million in 2024.</li><li>Inventory Return was $57.9 million, a 2% increase from $56.8 million in 2024.</li><li>Inventory Rate declined 90 basis points to 5.3%, compared to 6.2% in 2024.</li><li>Net Income increased 4% to $427.6 million, compared to $412.8 million in 2024.</li><li>Net Income Available to Common Stockholders increased 3% to $382.2 million, compared to $372.7 million in 2024.</li><li>Adjusted EBITDA increased 7% to $1,399.7 million, compared to $1,302.7 million in 2024.</li><li>Operating Income was $713.4 million, a decrease from $761.2 million in 2024.</li><li>Interest Expense was - $191.6 million, compared to - $233.7 million in 2024.</li><li>Interest Income was $14.9 million, compared to $26.2 million in 2024.</li><li>Income Tax Expense was $108.0 million, compared to $137.3 million in 2024.</li><li>Net Cash Provided by Operating Activities was $978.2 million, compared to $932.0 million in 2024.</li><li>Net Cash Used in Investing Activities was - $552.9 million, compared to - $301.6 million in 2024.</li><li>Net Cash Used in Financing Activities was - $461.4 million, compared to - $645.5 million in 2024.</li><li>Adjusted Net Debt was $1,940.0 million, an -8% decrease from $2,120.0 million in 2024.</li><li>Adjusted Net Debt/Adjusted EBITDA was 1.4x, a -13% decrease from 1.6x in 2024.</li></ul><h4>Operational Metrics by Sector (Fourth Quarter 2025)</h4><ul><li>GTV - Automotive was $2,200.7 million, a 3% increase from $2,133.9 million in 2024.</li><li>GTV - Commercial Construction &amp; Transportation (CC&amp;T) was $1,534.7 million, a 9% increase from $1,413.7 million in 2024.</li><li>GTV - Other was $545.7 million, a -1% decrease from $553.6 million in 2024.</li><li>Total Lots Sold were 875.3 thousand lots, a 1% increase from 870.7 thousand lots in 2024.</li></ul><h4>Operational Metrics by Sector (Full Year 2025)</h4><ul><li>GTV - Automotive was $8,659.1 million, a 5% increase from $8,277.6 million in 2024.</li><li>GTV - Commercial Construction &amp; Transportation (CC&amp;T) was $5,663.6 million, a -2% decrease from $5,805.8 million in 2024.</li><li>GTV - Other was $1,879.2 million, a 3% increase from $1,821.4 million in 2024.</li><li>Total Lots Sold were 3,393.8 thousand lots, a 1% increase from 3,346.8 thousand lots in 2024.</li></ul><h4>2026 Financial Outlook</h4>里奇兄弟拍卖 (RB Global, Inc.) anticipates GTV growth for the full year 2026 to be between 5% and 8%. Adjusted EBITDA is projected to range from $1,470 million to $1,530 million, with a full-year tax rate (GAAP and Adjusted) between 23% and 25%. Capital expenditures are expected to be between $350 million and $400 million.

Ritchie Bros Auctioneers | 8-K: FY2025 Q4 Revenue Beats Estimate at USD 1.203 B