Blue Bird Earnings Reports

Blue Bird delivered a record quarter with substantial increases in revenue, adjusted EBITDA, and net income, driven by higher bus unit sales and price mix improvements.

Blue Bird Corporation achieved record quarterly revenue and profit in Q2 2025, driven by strong market demand, product mix, and pricing. The company reaffirmed its full-year Adjusted EBITDA guidance of $200 million.

Blue Bird reported strong fiscal first quarter 2025 results, with net sales of $313.9 million and GAAP net income of $28.7 million. The company exceeded its guidance, driven by strong demand for school buses and improved operational performance, particularly in its base internal combustion engine (ICE) business, while also making progress in electric bus deliveries.

Blue Bird reported a strong Q4 2024 with a 15.6% increase in net sales to $350.2 million and net income of $24.7 million. The company's success was driven by increased bus sales and parts sales, reflecting strong market demand and effective business transformation initiatives. Blue Bird also raised its fiscal year 2025 guidance, indicating continued confidence in sustained profitable growth.

Blue Bird reported record third-quarter results for fiscal year 2024, with net sales of $333.4 million, up 13% year-over-year, and GAAP net income of $28.7 million, up $19.4 million year-over-year. The company also raised its full-year financial guidance for Adjusted EBITDA to $175 million and long-term Adjusted EBITDA margin outlook to 15%.

Blue Bird reported record second quarter results for fiscal year 2024, with a 15% increase in net sales to $346 million and a net income of $26 million, up $19 million from the previous year. Adjusted EBITDA reached a record $46 million, driven by improved operations and strong demand for alternative-powered buses. The company raised its full-year Adjusted EBITDA guidance to $155 million and its long-term Adjusted EBITDA margin outlook to 14%+

Blue Bird reported record fiscal 2024 first quarter results with net sales of $317.7 million, up 35% year-over-year, and GAAP net income of $26.2 million, a $37.4 million increase. The company achieved an all-time record adjusted EBITDA of $47.6 million, up $51.1 million, with 2,129 buses sold, a 9% increase. FY2024 adjusted EBITDA guidance was raised to $130 million or 11% of revenue.

Blue Bird Corporation announced record fiscal 2023 fourth quarter and full year results, with a 17.6% increase in net sales for the quarter, driven by higher bus and parts sales. The company's transformation plan led to improved operations and profitability, with significant growth in zero-emission EV unit sales and an increased full year financial guidance for the next year.

Blue Bird reported strong Q3 2023 results, with a 43% increase in net sales to $294.3 million and a net income of $9.4 million, a $15.8 million increase. Adjusted EBITDA increased by $19.2 million to $28.0 million, driven by higher unit sales and pricing actions. The company raised its full-year financial guidance and anticipates sustained profitable growth.

Blue Bird Corporation reported strong Q2 2023 results, with net sales of $299.8 million and a GAAP net income of $7.1 million. The company's turnaround plan is progressing faster than expected, leading to an increase in full-year guidance. The backlog remains robust at over $775 million, with nearly 5,800 units.

Blue Bird Corporation reported strong first quarter results with record revenues and EV sales. Despite a GAAP net loss, the company is optimistic about returning to historical profitability during fiscal year 2023, raising its full year guidance for net revenue and adjusted EBITDA.

Blue Bird reported Q4 2022 results with net sales of $257.7 million, a net loss of $23.1 million, and adjusted EBITDA of $(16.4) million. The company sold 2,016 buses during the quarter and has a robust backlog of over $600 million and 5,000+ units. They are positioned for a strong recovery in fiscal 2023.

Blue Bird Corporation announced its fiscal 2022 third quarter results, with net sales of $206.1 million and a GAAP net loss of $6.4 million. The company's recovery plan is yielding results, driven by pricing actions and cost control measures, despite continued inflationary pressures and supply chain disruptions. Blue Bird is focused on expanding its leadership in zero- and low-emission school buses.

Blue Bird's Q2 2022 results were impacted by supply chain disruptions and inflationary pressures, leading to a GAAP net loss of $12.1 million and adjusted EBITDA of $(10.7) million. Net sales increased to $207.7 million, driven by higher bus unit sales. The company is focused on electric vehicle growth and has a record order backlog.

Blue Bird Corporation reported a challenging first quarter due to supply chain disruptions and inflationary pressures, resulting in a GAAP net loss of $4.1 million. Despite these challenges, the company confirmed its FY2022 guidance and saw strong order backlog.

Blue Bird reported Q4 2021 results with net sales of $192.2 million and a net loss of $(2.4) million. The company's performance was affected by supply chain disruptions, which led to delays in bookings. However, the company saw strong order backlog, particularly for electric buses.

Blue Bird Corporation reported a GAAP net income of $4.3 million on net sales of $196.7 million. The results were impacted by supply chain disruptions, but new order rates were strong, leading to a substantial order backlog. The company's alternative-powered bus sales mix reached a record 56% for the quarter.

Blue Bird Corporation reported a net sales of $164.7 million and a GAAP net loss of $0.6 million. The company saw an increase in bus average selling price by 9.7% and electric bus sales increased by 50%. Adjusted EBITDA was $7.5 million with 1,489 buses sold.

Blue Bird reported a decrease in net sales to $130.4 million and a GAAP net loss of $1.6 million for the first quarter of fiscal year 2021. The company is focused on improving operational performance and capitalizing on market recovery.

Blue Bird Corporation reported a decrease in net sales for the fourth quarter of fiscal year 2020, alongside a slight increase in net income compared to the same period last year. The company faced lower volumes and manufacturing disruptions due to COVID-19, which were partially offset by bus pricing and cost reduction initiatives. Adjusted EBITDA saw a decrease due to the aforementioned challenges.

Blue Bird's Q3 2020 results were significantly impacted by COVID-19, with net sales down 39% year-over-year to $189.2 million. Despite these challenges, the average bus selling price increased by 9%. The company reported a GAAP net income of $1.3 million and an adjusted EBITDA of $12.5 million.

Blue Bird Corporation announced its fiscal 2020 second quarter results, featuring a 21% increase in net sales to $255.4 million and an adjusted EBITDA of $12.7 million, up $0.5 million year-over-year. The company's GAAP net loss was $0.6 million, equal to the prior year, and diluted EPS improved by 1 cent to a loss of 2 cents. Due to the uncertainty of the COVID-19 impact, Blue Bird has withdrawn its fiscal year 2020 guidance.

Blue Bird Corporation reported a GAAP net loss of $0.4 million for the first quarter of fiscal year 2020, which is an improvement of $0.8 million compared to the previous year. The company's Adjusted EBITDA for the quarter was $8.0 million, an increase of $0.8 million year-over-year. The company reaffirms its FY2020 revenue guidance at $1,020 - $1,050 million and Adjusted EBITDA guidance at $90 - $95 million.