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Nasdaq · Consumer Discretionary

Blue Bird Corp (BLBD)

As-reported financials and SEC filings for Blue Bird Corp. The latest annual period is FY2025. The latest reported quarter is Q3 FY2026. Financial statements come straight from the company’s EDGAR filings; valuation figures such as P/E and market cap use market data.

About Blue Bird Corp

Blue Bird Corp designs, engineers, manufactures, and sells school buses and extended warranties, serving primarily the student transportation market. The company operates in two segments: the Bus segment, which focuses on school buses including alternative fuel and electric models, and the Parts segment, which sells replacement bus parts. Blue Bird is known for its leadership in alternative powered school buses, including propane, gasoline, and electric buses, and it serves customers primarily in the United States.

Snapshot

Revenue
$1.48B
Revenue growth (YoY)
9.9%
Net income
$127.7M
Diluted EPS
$3.88
Gross margin
20.5%
Operating margin
11.3%
Net margin
8.6%
FCF margin
10.4%
ROE
50.0%
net income / fiscal-year-end equity
P/E
6.9×
trailing when available, otherwise FY EPS
Market cap
$1.91B
Long-term debt / equity
0.33×
non-current term debt only

Fundamentals are from SEC filings for FY2025, the latest annual period (ended September 27, 2025). P/E and market cap are derived from stored market prices, last retrieved on a rolling basis and typically within the past week.

What changed at Blue Bird

  • Revenue grew 9.9% to $1.5B in FY2025, slower than the 18.9% the year before.
  • Operating margin turned positive at 11.3% in FY2025, from a 5.1% operating loss in FY2021.
  • Most recent quarter Q3 FY2026: revenue $517M, up 29.9% from Q3 FY2025.
  • Free cash flow was $153M in FY2025, 10.4% of revenue.
  • Net income rose 21.0% to $128M in FY2025.

Computed from the as-reported figures in the statements below. A change we cannot state from filed figures is left out rather than estimated.

Peer comparison

Where Blue Bird’s fundamentals sit among the 403 Consumer Discretionary companies. Each figure is ranked only against peers that report it, from lowest (left) to highest (right).

Gross margin20.5%
24th percentile of 275
Operating margin11.3%
79th percentile of 348
Net margin8.6%
77th percentile of 377
FCF margin10.4%
82nd percentile of 351
Revenue growth (YoY)+9.9%
77th percentile of 394
ROE50.0%
93rd percentile of 343
P/E6.9×
10th percentile of 249
Long-term debt / equity0.33×
40th percentile of 234
Short interest5.47d
67th percentile of 401

Blue Bird’s return on equity of 50.0% ranks in the 93rd percentile of the 343 Consumer Discretionary companies reporting it. Blue Bird’s P/E of 6.9 ranks in the 10th percentile of the 249 peers with a meaningful P/E.

1 reported insider purchase (code P) totaling $22,530 in the last 90 days. For context, about 15% of companies in the universe saw any reported insider purchase (code P) in the same window. Browse insider activity →

Percentiles describe where a figure sits among sector peers reporting it (100th = highest). They are position within a peer group, not a rating, and not investment advice. Short interest ranking uses days to cover from FINRA Consolidated Short Interest data; FINRA is the owner and source of that data, included at no additional charge.

Institutional ownership

Held by 1 of the superinvestors we track (plus 6 quant / multi-strat books), based on each investor’s most recent 13F; periods vary by investor (newest: Q2 2026).

Conviction investors
1
+6 quant / multi-strat
Initiated / added
1
0 new, 1 added
Reduced / exited
7
6 trimmed, 1 exited
Combined position
$82.2M
reported long value
InvestorAs ofPosition valueSharesChange
AQR Capital ManagementquantQ2 2026$34.7M438.9KAdded
D. E. ShawquantQ2 2026$16.3M206.9KReduced
Renaissance TechnologiesquantQ2 2026$16.3M206.5KReduced
Two Sigma InvestmentsquantQ2 2026$9.0M114.3KReduced
Millennium ManagementquantQ2 2026$3.9M49.3KReduced
Gotham Asset ManagementQ2 2026$1.6M20.5KReduced
Citadel AdvisorsquantQ2 2026$398,7485.0KReduced

No longer held by: Point72 Asset Management (as of Q2 2026)

From quarterly Form 13F filings, which can be up to 45 days delayed. Long US-listed positions only: excludes short positions, options, cash, bonds, and non-US holdings, so this is not a manager’s complete portfolio. Counts are of the investors we track, not all institutions. Not investment advice.

Recent insider activity

Non-derivative buys and sells (codes P/S) reported by officers, directors and 10% owners on SEC Form 4.

Buys (90d)
1
1 insider
Bought (90d)
$23K
code P value
Sells (90d)
0
Reported activity
Net buying
by $ value, 90d
Trade dateInsiderTypeSharesPriceValue
2026-08-12
filed 2026-08-13
Thau Daniel MarkDirectorBuy350$64.37$23K
2026-05-19
filed 2026-05-20
Thau Daniel MarkDirectorBuy300$65.09$20K

Reported non-derivative purchases and sales (codes P/S) — which may be open-market or private; excludes option exercises, grants, and shares withheld for taxes. Dates shown are the trade date; a Form 4 can be filed days to years later. A sale can be routine (e.g. a pre-set 10b5-1 plan), so read individual transactions in context. From SEC Form 4. Not investment advice.

Short interest

Total shares sold short as of each twice-monthly FINRA settlement. Rising short interest means more investors are positioned against the stock; days to cover estimates how many trading days of average volume that position represents.

Shares short
3.8M
settled 2026-08-14
Change vs prior
+0.6%
vs previous settlement
Days to cover
5.47
at avg daily volume
Avg daily volume
703.1K
FINRA reported
SettlementShares shortChangeDays to cover
2026-08-143.8M+0.6%5.47
2026-07-313.8M-3.4%8.11
2026-07-154.0M+9.6%9.96
2026-06-303.6M+1.1%7.53
2026-06-153.6M+6.3%9.62
2026-05-293.4M+1.7%6.22
2026-05-153.3M-2.3%5.49
2026-04-303.4M-3.2%10.55

Source: FINRA Consolidated Short Interest. FINRA is the owner and source of the FINRA-supplied data, which is included at no additional charge for your own personal or professional use; republishing or redistributing it is not permitted. Settlement dates are shown; FINRA publishes each settlement about nine business days later, so the latest figure can be two to four weeks old. Not presented as a percentage of float. No FINRA endorsement of this product is implied. Not investment advice.

Income statement (as reported)

 FY2025FY2024FY2023FY2022FY2021
Revenue$1.48B$1.35B$1.13B$800.6M$800.6M
Gross profit$303.5M$256.2M$138.8M$36.5M$36.5M
Operating income$167.2M$139.3M$51.7M$-40.7M$-40.7M
Net income$127.7M$105.5M$23.8M$-45.8M$-45.8M
Diluted EPS$3.88$3.16$0.74$-1.48$-1.48

Figures as reported to the SEC. Underlined values link to the filing they came from; dotted values are calculated by us from reported figures; “adj” means restated for a stock split (hover to see the figure as filed). Full details: where the numbers come from.

Balance sheet (as reported)

 FY2025FY2024FY2023FY2022FY2021
Cash and equivalents$229.3M$127.7M$79.0M$10.5M$10.5M
Current assets$411.6M$323.4M$236.1M$174.5M
Total assets$625.3M$524.9M$417.8M$366.1M
Current liabilities$236.8M$236.0M$229.6M$164.8M
Long-term debt$85.3M$90.0M$110.5M$130.4M
Total liabilities$369.8M$365.3M$377.8M$364.7M
Total equity$255.4M$159.6M$40.0M$1.4M$1.4M

Figures as reported to the SEC. Underlined values link to the filing they came from; dotted values are calculated by us from reported figures; “adj” means restated for a stock split (hover to see the figure as filed). Full details: where the numbers come from.

Cash flow (as reported)

 FY2025FY2024FY2023FY2022FY2021
Operating cash flow$176.2M$111.1M$119.9M$-24.4M$-24.4M
Capital expenditure$22.9M$15.3M$8.5M$6.5M$6.5M
Free cash flow$153.3M$95.8M$111.4M$-30.9M$-30.9M

Figures as reported to the SEC. Underlined values link to the filing they came from; dotted values are calculated by us from reported figures; “adj” means restated for a stock split (hover to see the figure as filed). Full details: where the numbers come from.

Quarterly trend (as reported)

QuarterRevenueRevenue YoYNet incomeDiluted EPS
Q3 FY2026$517.2M29.9%$185.3M$5.27
Q2 FY2026$352.6M-1.7%$29.3M$0.90
Q1 FY2026$333.1M6.1%$30.8M$0.94
Q4 FY2025$409.4M16.9%$36.5M$1.12
Q3 FY2025$398.0M19.4%$36.5M$1.12
Q2 FY2025$358.9M3.7%$26.0M$0.79
Q1 FY2025$313.9M-1.2%$28.7M$0.86
Q4 FY2024$350.2M15.6%$24.7M$0.73

Latest 8 reported quarters, from company XBRL filings on SEC EDGAR.

Company facts

ExchangeNasdaq
SectorConsumer Discretionary
SIC industryTruck & Bus Bodies
Latest annual periodFY2025 (ended September 27, 2025)
Latest reported quarterQ3 FY2026 (ended June 27, 2026)
Oldest indexed filing2013
SEC CIK1589526

Selected SEC filings

10-Q2026-08-05
View on EDGAR →
10-Q2026-05-06
View on EDGAR →
10-Q2026-02-04
View on EDGAR →
8-K2026-08-05
View on EDGAR →
8-K2026-08-05
View on EDGAR →
8-K2026-05-18
View on EDGAR →
8-K2026-05-06
View on EDGAR →

Largest Consumer Discretionary peers

All Consumer Discretionary companies →

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Data sourced from SEC EDGAR. Figures are as-reported and may be unaudited or restated; verify against the source filing before relying on them. Informational only. Not investment advice.