Filing Flows › Blue Bird (BLBD) › Q3 FY26 › vs Q2 FY26
Blue Bird (BLBD) Q3 FY26 vs Q2 FY26 (quarter over quarter)
Blue Bird's revenue rose $165M (+47%) from $353M in Q2 FY26 to $517M in Q3 FY26. The biggest changes: Alternative fuel buses +$190M (+127%); Diesel buses −$25.5M (-15%); Other +$2.4M (+22%). Gross margin 20.0% against 20.0% (-0.0 pts).
Blue Bird, Q3 FY26: revenue $517M (+30% year over year), operating margin 12.1%, net earnings $185M, operating cash flow $31.0M. The chart draws each line against Q2 FY26, the increases inside each band.
Margins
| Q3 FY26 | Q2 FY26 | Change | |
|---|---|---|---|
| Gross margin | 20.0% | 20.0% | -0.0 pts |
| Operating margin | 12.1% | 11.1% | +1.0 pts |
| Net margin | 35.8% | 8.3% | +27.5 pts |
Every line
| Line | Q3 FY26 | Q2 FY26 | Change | % |
|---|---|---|---|---|
| Alternative fuel buses | $340M | $150M | $190M | +127% |
| Diesel buses | $140M | $165M | −$25.5M | -15% |
| Parts | $24.7M | $26.8M | −$2.1M | -8% |
| Other | $13.2M | $10.8M | $2.4M | +22% |
| Revenue | $517M | $353M | $165M | +47% |
| Gross profit | $103M | $70.6M | $32.7M | +46% |
| Cost of revenue | $414M | $282M | $132M | +47% |
| Other income, net | $133M | −$715K | $133M | — |
| Operating profit | $62.7M | $39.1M | $23.6M | +60% |
| Operating expenses | $40.7M | $31.5M | $9.2M | +29% |
| Pre-tax earnings | $195M | $38.4M | $157M | +409% |
| Net earnings | $185M | $29.3M | $156M | +532% |
| Income tax | $10.2M | $9.1M | $1.1M | +12% |
| Depreciation & amortization | $8.7M | $4.1M | $4.7M | +115% |
| Share-based compensation | $1.5M | $1.7M | −$134K | -8% |
| Working capital & other | $165M | −$12.7M | $177M | — |
| Operating cash flow | $31.0M | $47.8M | −$16.7M | -35% |
Questions
How much did Blue Bird's revenue grow quarter over quarter in Q3 FY26?
Blue Bird's revenue rose $165M (+47%) from $353M in Q2 FY26 to $517M in Q3 FY26.
What drove Blue Bird's revenue change in Q3 FY26?
Alternative fuel buses +$190M (+127%); Diesel buses −$25.5M (-15%); Other +$2.4M (+22%).