Ritchie Bros Auctioneers

Q2 FY2026 EarningsQ2 FY26 results beat consensus on both top and bottom lines: revenue of $1.32B vs. $1.23B expected, and adjusted EPS of $1.13 vs. $1.15 mean (but aligned with mid-point expectations). Total GTV grew 11% YoY to $4.7B, driven by a 13% surge in Automotive. Management raised full-year GTV growth guidance to 9%-11% and tightened Adjusted EBITDA expectations to $1.495B-$1.545B, signaling strong execution despite a cautious Heavy Equipment environment.