Filing Flows › Blue Bird (BLBD) › Q3 FY26 › vs Q3 FY25
Blue Bird (BLBD) Q3 FY26 vs Q3 FY25 (year over year)
Blue Bird's revenue rose $119M (+30%) from $398M in Q3 FY25 to $517M in Q3 FY26. The biggest changes: Alternative fuel buses +$105M (+45%); Diesel buses +$13.9M (+11%); Other +$466K (+4%). Gross margin 20.0% against 21.6% (-1.6 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 Q3 FY25, the increases inside each band.
Margins
| Q3 FY26 | Q3 FY25 | Change | |
|---|---|---|---|
| Gross margin | 20.0% | 21.6% | -1.6 pts |
| Operating margin | 12.1% | 12.6% | -0.5 pts |
| Net margin | 35.8% | 9.2% | +26.7 pts |
| Free cash flow margin | 4.2% | 13.1% | -9.0 pts |
Every line
| Line | Q3 FY26 | Q3 FY25 | Change | % |
|---|---|---|---|---|
| Alternative fuel buses | $340M | $234M | $105M | +45% |
| Diesel buses | $140M | $126M | $13.9M | +11% |
| Parts | $24.7M | $25.1M | −$339K | -1% |
| Other | $13.2M | $12.7M | $466K | +4% |
| Revenue | $517M | $398M | $119M | +30% |
| Gross profit | $103M | $85.9M | $17.4M | +20% |
| Cost of revenue | $414M | $312M | $102M | +33% |
| Other income, net | $133M | −$1.2M | $134M | — |
| Operating profit | $62.7M | $50.1M | $12.6M | +25% |
| Operating expenses | $40.7M | $35.9M | $4.8M | +14% |
| Pre-tax earnings | $195M | $48.8M | $147M | +300% |
| Net earnings | $185M | $36.5M | $149M | +408% |
| Income tax | $10.2M | $12.4M | −$2.2M | -18% |
| Depreciation & amortization | $8.7M | $4.0M | $4.8M | +121% |
| Share-based compensation | $1.5M | $3.0M | −$1.4M | -48% |
| Working capital & other | $165M | −$13.5M | $178M | — |
| Operating cash flow | $31.0M | $56.9M | −$25.9M | -45% |
| Free cash flow (company-reported) | $21.7M | $52.3M | −$30.7M | -59% |
| Cash paid for fixed assets | $9.4M | $4.6M | $4.8M | +104% |
Questions
How much did Blue Bird's revenue grow year over year in Q3 FY26?
Blue Bird's revenue rose $119M (+30%) from $398M in Q3 FY25 to $517M in Q3 FY26.
What drove Blue Bird's revenue change in Q3 FY26?
Alternative fuel buses +$105M (+45%); Diesel buses +$13.9M (+11%); Other +$466K (+4%).