Blue Bird
Builds school, specialty, and commercial buses across diesel, gasoline, propane, and electric powertrains.
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Profile
Sells Type A, C, and D school buses, specialty and commercial buses, extended warranties, and replacement parts through Bus and Parts. Revenue is concentrated in bus sales, largely through independent dealers serving U.S. and Canadian school districts and contractors, with diesel, gasoline, propane, and electric powertrains.
Operates through Bus and Parts, designing and manufacturing school, activity, specialty, and commercial buses while supplying replacement components. The Vision Type C and All American Type D lines anchor the portfolio; the fully owned Micro Bird business adds smaller Type A school buses and North American shuttle and commercial models. Diesel, gasoline, propane, and electric powertrains let fleets match routes, infrastructure, and emissions requirements.
Competes through integrated Georgia chassis-and-body operations, safety features, powertrain breadth, and an independent dealer and service network spanning the United States and Canada. Sales depend heavily on school-district and contractor procurement, public funding, dealer execution, and engine or powertrain partners. Product specifications and purchases are governed by federal, state, provincial, and local rules.
Company facts
Categories
Key statistics
Year to date +26.7% · Average volume (30d) 585.9K
Analysts
Ratings
Target range
Latest analyst notes
| Date | Firm | Action | Rating | Prior target | Target |
|---|---|---|---|---|---|
| Aug 10, 2026 | Roth Capital | Target | $94 | $93 | |
| Aug 6, 2026 | BTIG | Reiterate | Buy | $95 | |
| Jul 20, 2026 | Barclays | Reiterate | Overweight | $75 | $85 |
| Jun 25, 2026 | Roth Capital | Target | $48 | $94 | |
| Jun 9, 2026 | D.A. Davidson | Target | $76 | $86 |
Earnings
EPS
Revenue
History
| Report date | EPS est | EPS | Surprise | Revenue est | Revenue | Surprise | Next session |
|---|---|---|---|---|---|---|---|
| Aug 5, 2026Q3 FY26 | $1.25 | $1.28 | +2.4% | $485.7M | $517.2M | +6.5% | −14.19% |
| May 6, 2026Q2 FY26 | $0.81 | $1.00 | +23.5% | $335.2M | $353.0M | +5.3% | +8.92% |
| Feb 4, 2026Q1 FY26 | $0.80 | $1.00 | +25.0% | $326.9M | $333.0M | +1.9% | +11.77% |
| Nov 24, 2025Q4 FY25 | $1.05 | $1.32 | +25.7% | $380.4M | $409.4M | +7.6% | −5.50% |
Financial highlights
| 12 quarters | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | Q3 FY26 | |
|---|---|---|---|---|---|---|---|
| Revenue | $358.9M | $398.0M | $409.4M | $333.1M | $352.6M | $517.2M | |
| Gross profit | $70.9M | $85.9M | $86.4M | $71.2M | $70.6M | $103.4M | |
| Operating income | $33.7M | $50.1M | $50.3M | $37.7M | $39.1M | $62.7M | |
| Net income | $26.0M | $36.5M | $36.5M | $30.8M | $29.3M | $185.3M | |
| Diluted EPS | $0.79 | $1.12 | $1.11 | $0.94 | $0.90 | $5.27 | |
| Gross margin | 19.7% | 21.6% | 21.1% | 21.4% | 20.0% | 20.0% | |
| Operating margin | 9.4% | 12.6% | 12.3% | 11.3% | 11.1% | 12.1% |
Fiscal years (4-quarter sums)FY21 $684.0M · FY22 $800.6M · FY23 $1.13B · FY24 $1.35B · FY25 $1.48B
Revenue by product · Q3 FY26
Revenue by geography · Q3 FY26
Balance sheet, Jun 27, 2026Cash & short-term investments $116.8M · Total debt $115.8M · Total assets $1.17B · Shareholders' equity $654.9M
Dividends
No dividends on record.
Ownership
A 13F quarter can total more than the shares outstanding — sub-advisers file the same block twice, and a filer's own share count can be a quarter stale. No split is drawn from it.
Shares outstanding 31.65M · Float 31.28M · 98.8% free float
Top shareholders13F · 13D/G · Form 4
| Holder | Shares | % outstanding | Form | Filed |
|---|---|---|---|---|
| FMR LLC | 3.02M | 9.53% | 13F | Aug 13, 2026 |
| Groupe Autobus Girardin Ltee | 2.70M | 7.88% | 13D | Apr 8, 2026 |
| BlackRock, Inc. | 2.63M | 8.30% | 13F | Aug 7, 2026 |
| American Century Companies Inc | 1.60M | 5.04% | 13F | Aug 12, 2026 |
| Vanguard Capital Management LLC | 1.40M | 4.43% | 13F | Aug 13, 2026 |
Insider tradesForm 4
| Date | Insider | Role | Shares | Avg price |
|---|---|---|---|---|
| Aug 12, 2026 | Daniel Mark Thau | director | +350 | $64.37 |
| May 19, 2026 | Daniel Mark Thau | director | +300 | $65.09 |
| Mar 4, 2026 | Jeffrey Scott Sanfrey | officer: Chief Operating Officer | −5,192 | $58.54 |
| Feb 19, 2026 | Razvan Radulescu | officer: Chief Financial Officer | −3,925 | $60.98 |
| Dec 17, 2025 | Razvan Radulescu | officer: Chief Financial Officer | −7,006 | $51.58 |
Peers
- GreenPower Motor
Focused electric-school-bus challenger
- Berkshire Hathaway Class B
Type A bus rivalry through Forest River and Collins
CompareAfter-hours close
| Company | Price | Change | |||||
|---|---|---|---|---|---|---|---|
| Blue Bird | $59.70 | +0.78% | $1.87B | 7.2 | 12.1 | 1.2 | +29.9% |
| GreenPower Motor | $1.26 | +0.32% | $3.8M | 3.3 | — | 0.2 | −71.7% |
| Berkshire Hathaway Class B | $504.99 | −0.00% | $1.09T | 12.7 | 23.2 | 2.8 | +3.0% |
| Median | 8.0 | 23.2 | 1.5 | −34.4% |




