Filing Flows › Blue Bird (BLBD) › Q4 FY25
Blue Bird (BLBD) Q4 FY25 earnings results (fourth quarter fiscal 2025)
10-K filed Nov 24, 2025
Blue Bird (BLBD) reported revenue of $409M for the fourth quarter fiscal 2025 (Q4 FY25), +17% from a year earlier and +3% from the quarter before. Operating margin was 12.3%, net earnings $36.5M (8.9% of revenue).
Blue Bird, Q4 FY25: revenue $409M (+17% year over year), operating margin 12.3%, net earnings $36.5M, operating cash flow $65.1M. The chart follows the revenue to costs, profit and cash.
| Q4 FY25 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $409M | +3% | +17% |
| Gross profit | $86.4M | +0.6% | +45% |
| Operating profit | $50.3M | +0.5% | +97% |
| Net earnings | $36.5M | +0.1% | +48% |
| Operating cash flow | $65.1M | +14% | +18% |
| Free cash flow | $60.5M | — | +20% |
What changed
Revenue was $409.4M in Q4 FY25, up 17% year over year and up 3% from the previous quarter. Alternative fuel buses was the largest line at 53% of revenue.
Gross margin was 21.1%, up 4.1 points from Q4 FY24. Operating profit was $50.3M, a 12.3% margin (up 5.0 points year over year). Of the extra revenue versus Q4 FY24, 42% reached operating profit, above the 7% margin then. Operating expenses grew 6% against revenue growth of 17%. Net earnings were $36.5M, up 48% year over year. The effective tax rate was 27.3%.
Operating cash flow was $65.1M (up 18% year over year), 178% of net earnings. Non-cash charges added back $3.9M of depreciation and amortization and $1.9M of share-based compensation. Working capital and other items added $22.8M. After cash paid for fixed assets ($4.7M), free cash flow as the company reports it was $60.5M.
Questions
What was Blue Bird's revenue in the fourth quarter fiscal 2025?
Blue Bird (BLBD) reported revenue of $409M for the fourth quarter fiscal 2025 (Q4 FY25), +17% from a year earlier and +3% from the quarter before.
Was Blue Bird profitable in the fourth quarter fiscal 2025?
Operating profit was $50.3M (12.3% of revenue) and net earnings $36.5M.
Source: Blue Bird 10-K on SEC EDGAR.