Blue Bird Corp income statement
In fiscal 2025, Blue Bird Corp reported revenue of $1.48bn, up 9.9% on the year before, operating income of $167m (a 11.3% margin) and net income of $128m, or $3.88 per diluted share. Every line below comes from the company's 10-K and 10-Q filings; column headings link to the filing.
Income statement
| Fiscal year | 2013Sept 2013 | 2014Sept 2014 | 2015Oct 2015 | 2016Oct 2016 | 2017Sept 2017 | 2018Sept 2018 | 2019Sept 2019 | 2020Oct 2020 | 2021Oct 2021 | 2022Sept 2022 | 2023Sept 2023 | 2024Sept 2024 | 2025Sept 2025 | LTMJun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 777 | 856 | 919 | 932 | 991 | 1,025 | 1,019 | 879 | 684 | 801 | 1,133 | 1,347 | 1,480 | 1,612 |
| Cost of revenue | 684 | 746 | 799 | 803 | 863 | 903 | 885 | 783 | 612 | 764 | 994 | 1,091 | 1,177 | 1,281 |
| Gross profit | 92 | 109 | 120 | 129 | 127 | 122 | 133 | 96 | 72 | 37 | 139 | 256 | 304 | 332 |
| Research and development | 4 | 4 | 5 | 5 | 7 | 9 | 12 | 6 | 5 | 6 | 7 | 9 | 15 | — |
| Selling, general and administrative | 65 | 91 | 85 | 103 | 68 | 87 | 90 | 74 | 66 | 77 | 87 | 117 | 136 | 142 |
| Operating income | 27 | 18 | 36 | 27 | 60 | 35 | 44 | 22 | 7 | −41 | 52 | 139 | 167 | 190 |
| Interest expense | 2 | 6 | 19 | 16 | 7 | 7 | 13 | 12 | 10 | 15 | 18 | 11 | 7 | 7 |
| Income before tax | 25 | 12 | 17 | 10 | 37 | 27 | 30 | 10 | −2 | −53 | 26 | 127 | 170 | 323 |
| Income tax | −28 | 10 | 4 | 6 | 12 | −3 | 8 | 2 | −1 | −11 | 9 | 33 | 44 | 42 |
| Net income | 54 | 3 | 15 | 7 | 29 | 31 | 24 | 12 | −0 | −46 | 24 | 106 | 128 | 282 |
| Diluted EPS | $2.46 | $0.13 | $0.59 | $0.14 | $0.74 | $1.08 | $0.90 | $0.45 | −$0.01 | −$1.48 | $0.74 | $3.16 | $3.88 | $8.48 |
| Diluted shares (average) | 22m | 22m | 25m | 21m | 25m | 29m | 27m | 27m | 27m | 31m | 32m | 33m | 33m | 33m |
| EBITDA | 39 | 28 | 45 | 35 | 68 | 44 | 54 | 36 | 20 | −27 | 68 | 154 | 183 | 211 |
| Quarter | 2024 Q4Sept 2024 | 2025 Q1Dec 2024 | 2025 Q2Mar 2025 | 2025 Q3Jun 2025 | 2025 Q4Sept 2025 | 2026 Q1Dec 2025 | 2026 Q2Mar 2026 | 2026 Q3Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 350 | 314 | 359 | 398 | 409 | 333 | 353 | 517 |
| Cost of revenue | 291 | 254 | 288 | 312 | 323 | 262 | 282 | 414 |
| Gross profit | 60 | 60 | 71 | 86 | 86 | 71 | 71 | 103 |
| Selling, general and administrative | 34 | 27 | 37 | 36 | 36 | 34 | 32 | 41 |
| Operating income | 26 | 33 | 34 | 50 | 50 | 38 | 39 | 63 |
| Interest expense | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 |
| Income before tax | 26 | 36 | 34 | 49 | 51 | 38 | 37 | 197 |
| Income tax | 7 | 9 | 9 | 12 | 14 | 9 | 9 | 10 |
| Net income | 25 | 29 | 26 | 36 | 36 | 31 | 29 | 185 |
| Diluted EPS | $0.73 | $0.86 | $0.79 | $1.12 | $1.12 | $0.94 | $0.90 | $5.27 |
| EBITDA | 29 | 37 | 38 | 54 | 54 | 42 | 43 | 71 |
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