RB Global, Inc. (RBA) Q3 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

If you would like to ask a question during this time, simply press the star key all over the number 1 on your telephone keypad. If you would like to withdraw your question, press star 1 again. At this time, I will turn the conference over to Sameer Rathod. Please go ahead. Hello and good afternoon. Thank you for joining us today to discuss our third quarter results. Jim Kessler, our Chief Executive Officer, and Eric Guerin, our Chief Financial Officer, are on the call with me today. The following discussion will include forward-looking statements, including projections of future earnings, business, and market trends. These statements should be considered in conjunction with precautionary statements contained in our earnings release and periodic FCC report. On this call, we'll also discuss certain non-GAAP financial measures. For the identification of non-GAAP financial measures, the most directly comparable GAAP financial measures, and the applicable reconciliation of the two, see our earnings release and periodic FCC reports. At this time, I would like to turn the call over to our CEO, Jim Caslin. Jim? Thanks, Samir, and good afternoon to everyone joining the call. To begin, I want to acknowledge the discipline, execution, and commitment of our teammates. Their performance underpins our ability to consistently overdeliver on our operational and financial commitments while advancing our strategic priorities that position us for long-term shareholder value creation. Our disciplined execution was evident again in the quarter, with adjusted EBITDA increasing 16% on a 7% increase in gross transactional value. Starting with the automotive sector, momentum continued and unit volume increasing by 9% year-over-year. This marks the third consecutive quarter we have outpaced t...