Blue Bird Cash Flow Statement

Financials in millions USD. Fiscal year is October - September.

Millions USD. Fiscal year is Oct - Sep.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep '25 Sep 27, 2025	Sep '24 Sep 28, 2024	Sep '23 Sep 30, 2023	Oct '22 Oct 1, 2022	Oct '21 Oct 2, 2021
Net Income	127.72	105.55	23.81	-45.76	-0.29
Depreciation & Amortization	15.59	14.82	15.98	14.05	13.45
Loss (Gain) From Sale of Assets	0.33	0.2	0.06	0.02	-0.68
Asset Writedown & Restructuring Costs	-	-	-	1.35	-
Loss (Gain) on Equity Investments	-2.08	-6.5	-6.96	4.16	-0.5
Stock-Based Compensation	14.79	8.61	4.17	3.69	5.94
Other Operating Activities	3.55	0.96	11.27	5.48	4.29
Change in Accounts Receivable	38.45	-46.53	-0.04	-2.57	-2.35
Change in Inventory	-11.67	7.49	7.69	-26.52	-68.68
Change in Accounts Payable	8.02	6.67	28.71	35.08	14.08
Change in Other Net Operating Assets	-18.46	19.85	35.23	-13.41	-19.5
Operating Cash Flow	176.21	111.11	119.93	-24.44	-54.24
Operating Cash Flow Growth	58.59%	-7.35%	-	-	-
Capital Expenditures	-22.87	-15.26	-8.52	-6.45	-12.21
Sale of Property, Plant & Equipment	-	-	-	-	0.9
Investment in Securities	-1	-0.55	-	-	-
Investing Cash Flow	-23.87	-15.82	-8.52	-6.45	-11.31
Long-Term Debt Issued	-	136.22	45	135	117
Long-Term Debt Repaid	-5.98	-172.36	-85.37	-175.98	-83.19
Net Debt Issued (Repaid)	-5.98	-36.14	-40.37	-40.98	33.81
Issuance of Common Stock	4.68	3.79	1.12	75.3	1.94
Repurchase of Common Stock	-49.42	-11.12	-0.38	-1.71	-0.52
Other Financing Activities	-	-3.13	-3.27	-2.95	-2.48
Financing Cash Flow	-50.72	-46.6	-42.9	29.66	32.75
Net Cash Flow	101.63	48.7	68.51	-1.23	-32.8
Free Cash Flow	153.34	95.85	111.41	-30.89	-66.45
Free Cash Flow Growth	59.98%	-13.97%	-	-	-
Free Cash Flow Margin	10.36%	7.12%	9.84%	-3.86%	-9.71%
Free Cash Flow Per Share	4.66	2.87	3.45	-1.00	-2.45
Cash Interest Paid	7.37	9.93	16.05	15.18	-
Cash Income Tax Paid	58.76	29.4	-0.03	-0.08	0.03
Levered Free Cash Flow	123.34	70.41	104.52	-5.95	-55.51
Unlevered Free Cash Flow	127.85	77.02	115.78	3.22	-49.46
Change in Working Capital	16.33	-12.52	71.59	-7.43	-76.45

Source: S&P Global Market Intelligence. Standard template. Financial Sources.