RB GLOBAL INC.

Overview

RB Global, Inc. operates an omnichannel marketplace for commercial assets and vehicles, combining in-person auctions and digital marketplaces with transaction-related services. Its offerings connect buyers and sellers across areas including construction and industrial equipment, transportation, automotive, agriculture, energy, and government surplus; its marketplace brands include Ritchie Bros., IronPlanet, GovPlanet, and IAA.[1]+3

The company’s stated positioning is to connect buyers and sellers of commercial assets and vehicles through marketplaces, insights, and services. Its roots trace to an auction business established by the Ritchie brothers in British Columbia in 1958. At the end of FY2025, RB Global operated auction sites in 14 countries and its digital platform served customers in approximately 170 countries; it reported FY2025 revenue of $4.59 billion and approximately 8,000 full-time and 700 part-time employees worldwide.[5]+3 [1]+8

Products & services

RB Global’s marketplace products include RB Auction and J.M. Wood, which support onsite and online used-equipment sales; online marketplace IronPlanet; government- and military-asset marketplace GovPlanet; and fixed-price marketplaces Marketplace-E and Boom & Bucket. SalvageSale provides project-management and salvage-inventory support, while Ritchie Bros. Private Treaty facilitates confidential negotiated equipment sales. IAA products include AuctionNow for online bidding, Buy Now for purchases between auctions, Custom Bid for attribute-based pre-bids, Timed Auctions, and CSAToday, a seller portal for managing vehicle assets and tracking sales.[3]

Additional services include equipment financing brokerage through Ritchie Bros. Financial Services; certified appraisals through Rouse Appraisals; equipment inspections; repair, painting and make-ready work through Ritchie Bros. Refurbishing; and transport, logistics and customs-clearance services. VeriTread connects shippers with carriers, while IAA Transport and IAA Tow App support vehicle shipping and towing. Other offerings include Mascus equipment listings and dealer tools, SmartEquip parts connections, and IAA title, loan-payoff and catastrophe-response services.[3][9]

The company also offers data and valuation capabilities: Rouse provides equipment-market intelligence, rental benchmarks and valuations; IAA Vehicle Score uses computer vision to assess vehicle damage from check-in photos; and IAA Vehicle Value uses machine learning and data mining to estimate vehicle values. RB Global also describes proprietary machine-vision and asset-pricing models used for asset-value estimates and marketplace optimization.[9][10] [3]+2

Geographic presence

RB Global’s 2025 Form 10-K identifies its principal executive office in Westchester, Illinois, and notes that the company is incorporated in Canada. At December 31, 2025, it had approximately 8,000 full-time and 700 part-time employees worldwide; the filing does not provide employee counts by country or region.[11][8]

The company reports operating in 14 countries, with more than 60 full-service yards, and serving customers in over 190 countries. Its careers locations page names locations in the United States, Canada, the United Kingdom, Australia, the United Arab Emirates, Mexico, Italy, Germany, Spain, France, Japan, and the Netherlands. The 2025 Form 10-K does not provide a geographic breakdown of revenue by country or region.[5]+2 [11]+6

Business segments

RB Global reports one operating and reportable segment, rather than separate named business segments. Its latest available filing as of October 2, 2026, for the quarter ended June 30, 2026, confirms this reporting structure.[13]

For FY2025, revenue categories—not reportable segments—provide the closest disclosed breakdown: service revenue was approximately 76.3% of total revenue and inventory sales revenue approximately 23.7%. Service revenue comprised transactional buyer revenue (about 48.8% of total revenue), transactional seller revenue (20.2%), and marketplace services revenue (7.3%).[14][15]

The company also describes customer-facing solution families, including Transaction Solutions (auction and marketplace offerings), Financial Services, Appraisal Services, Inspection Services, and Listings Services. These are solution groupings, not separate reportable segments; the cited filing does not provide revenue shares for them.[3] [13]+22

Company history

Brothers Dave, Ken and John Ritchie held their first auction in 1958 to sell surplus furniture from their Kelowna store. In 1963, the business held its first major unreserved industrial-equipment auction, in Radium Hot Springs.[16][17]

The company expanded beyond Canada with auctions in Europe beginning in 1987, Australia in 1990 and Asia in 1994. It went public on the NYSE in 1998, the same year annual gross auction proceeds first exceeded US$1 billion, and introduced real-time online bidding in 2002.[16]

In 2017, Ritchie Bros. completed its acquisition of IronPlanet, broadening its digital marketplace. It later acquired Rouse Services in 2020 and SmartEquip in 2021, adding asset-management, data and equipment-service capabilities.[18]+2

The company completed its merger with IAA in 2023 and adopted RB Global as its corporate name, while retaining Ritchie Bros. as a marketplace brand. In 2025, it completed its acquisition of J.M. Wood Auction Co.[21]+2 [17]+7

Sources

• RB GLOBAL INC. — Full financial report (2025 Y)
  13 citations

  [1][2][3][4][6][8][9][10][11][14][15][17][21]
• rbglobal.com[5]
• RB GLOBAL INC. — Press release (2025 Y)[7]
• careers.rbglobal.com[12]
• RB GLOBAL INC. — Full financial report (2026 Q 2)[13]
• www.rbauction.com[16]
• investor.rbglobal.com[18]
• www.sec.gov[19]
• www.prnewswire.com[20]
• investor.rbglobal.com[22]
• investor.rbglobal.com[23]