---
schema_version: "secwatch.filing_event.v1"
accession: "0001558370-23-009088"
form_type: "8-K"
ticker: "RBA"
cik: "0001046102"
company_name: "RB GLOBAL INC."
filed_at: "2023-05-10T23:59:59+00:00"
generated_at: "2026-06-15T05:42:46.621009+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Ritchie Bros Q1 2023: revenue $512M, adj EPS $0.57; IAA integration progressing

## Summary
- GTV $1.9B (+32% YoY) on $314.8M from IAA (11 days post-close); organic GTV up 10%.
- Net loss $28.2M vs profit year ago; diluted EPS loss $0.28; adjusted EPS $0.57 (+24%).
- Service revenue $343.6M (+40%) with 18.1% take rate (+110 bps); inventory sales $168.8M.
- Declared $0.27/share quarterly dividend, payable June 20 to holders of record May 30.
- Pro forma combined Q1 2023 GTV $3.7B; adjusted net debt/EBITDA 5.4x.

## SEC filing metadata
- accession: 0001558370-23-009088
- form_type: 8-K
- ticker: RBA
- cik: 0001046102
- company_name: RB GLOBAL INC.
- filed_at: 2023-05-10T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1046102/000155837023009088/0001558370-23-009088-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1046102/000155837023009088/rba-20230510x8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001558370-23-009088
- JSON: https://secwatch.observer/filing/0001558370-23-009088.json
- Plain text: https://secwatch.observer/filing/0001558370-23-009088.txt

## Key facts
- Earnings Releases
  RB GLOBAL INC. reported the three months ended March 31, 2023 results: revenue $512.4 million, net income a loss of $28.2 million, EPS ($0.28) per share.
  - Period: the three months ended March 31, 2023
  - Revenue: $512.4 million
  - Net income: a loss of $28.2 million
  - EPS: ($0.28) per share
  - Result: reported results
  source text: million from the impact of the acquisition of IAA, Inc. (“IAA”), and increased 34% when excluding the impact of foreign exchange. ● Total revenue increased 30% year-over-year to $512.4 million, which includes $80.0 million from the impact of the acquisition of IAA. ● Service revenue increased 40% year-over-year to $343.6 million, which includes $67.1 million from the
  evidence_url: https://www.sec.gov/Archives/edgar/data/1046102/000155837023009088/0001558370-23-009088-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.