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Blue Bird vs Hyliion Holdings: BLBD and HYLN compared
Blue Bird is the larger company: $517M of revenue in its latest quarter (Q3 FY26) against $4.9M for Hyliion Holdings (Q2 2026). Hyliion Holdings is growing faster (+226% against +30% a year earlier). Blue Bird is more profitable, with an operating margin of 12.1% against -309.4%.
Where the money goes: BLBD and HYLN
Blue Bird (BLBD) · Q3 FY26
Blue Bird, Q3 FY26: revenue $517M (+30% year over year), operating margin 12.1%, net earnings $185M, operating cash flow $31.0M. The chart follows the revenue to costs, profit and cash.
Hyliion Holdings (HYLN) · Q2 2026
Hyliion Holdings, Q2 2026: revenue $4.9M (+226% year over year), operating margin -309.4%, net loss $13.9M, operating cash flow −$7.1M. The chart follows the revenue to costs, profit and cash.
| Blue Bird (BLBD) | Hyliion Holdings (HYLN) | |
|---|---|---|
| Latest quarter | Q3 FY26 | Q2 2026 |
| Revenue | $517M | $4.9M |
| Revenue growth, Y/Y | +30% | +226% |
| Gross margin | 20.0% | — |
| Operating margin | 12.1% | -309.4% |
| Net earnings | $185M | −$13.9M |
| Net margin | 35.8% | -281.7% |
| Operating cash flow | $31.0M | −$7.1M |
| Free cash flow | $21.7M | — |
| Market value | $2.0B | — |
| P/E | 7.3× | — |
| Analysts’ mean target | $90.14 | — |
Where the revenue comes from
Blue Bird
- Alternative fuel buses: $340M (66%)
- Diesel buses: $140M (27%)
- Parts: $24.7M (5%)
- Other: $13.2M (3%)
Questions
Which is bigger, Blue Bird or Hyliion Holdings?
Blue Bird is the larger company: $517M of revenue in its latest quarter (Q3 FY26) against $4.9M for Hyliion Holdings (Q2 2026).
Is Blue Bird or Hyliion Holdings growing faster?
Hyliion Holdings is growing faster (+226% against +30% a year earlier).
Which is more profitable, Blue Bird or Hyliion Holdings?
Blue Bird is more profitable, with an operating margin of 12.1% against -309.4%.
More: Blue Bird earnings · how Blue Bird makes money · Hyliion Holdings earnings · how Hyliion Holdings makes money
From the companies' latest 10-Q, 10-K or earnings release (10-Q filed Aug 5, 2026; 10-Q filed Aug 11, 2026). Fiscal quarters can end on different dates. Not investment advice.