Blue Bird Earnings Call Transcripts
Fiscal Year 2026
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Record Q2 results with $353M revenue and $51M Adjusted EBITDA, raising full-year guidance post-Micro Bird acquisition. Strong cash flow, robust backlog, and strategic investments in automation and new plant position the company for long-term growth.
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Record Q1 results exceeded guidance, with revenue up 6% and Adjusted EBITDA at $50M. Strong order intake, robust EV and alt power performance, and a solid balance sheet support raised full-year guidance. Margin expansion and automation initiatives underpin a positive long-term outlook.
Fiscal Year 2025
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Record fiscal 2025 results with $1.48B revenue, $221M Adjusted EBITDA, and strong free cash flow. Guidance for 2026 targets similar performance despite tariff and cost headwinds, with continued investment in automation, EVs, and new manufacturing capacity.
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Record Q3 results with revenue up 20% and adjusted EBITDA at $58M, driven by strong EV and alternative-powered bus sales. Raised full-year guidance, announced a $100M buyback, and continue to invest in automation and new products despite tariff-related order volatility.
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Record Q2 revenue and profit were achieved, with strong demand, a robust backlog, and continued leadership in alternative power buses. Tariff headwinds are impacting EV pricing and production, but guidance for the year is maintained, with ICE and propane expected to offset EV shortfalls.
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Delivered near-record Q1 results with 15% adjusted EBITDA margin and $46M EBITDA, maintaining full-year guidance despite funding and tariff uncertainties. Strong backlog, robust ICE and EV sales, and strategic actions position the company for continued growth. Company remains confident in long-term targets and market leadership.
Fiscal Year 2024
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Record fiscal 2024 results included a 19% revenue increase, doubled EBITDA, and strong growth in alternative powertrains. Fiscal 2025 guidance was raised, with robust EV sales expected and continued margin expansion, supported by strong demand and federal funding.
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Record Q3 profit and margins driven by higher pricing, strong EV and alternative fuel mix, and operational improvements. Full-year guidance raised for revenue and EBITDA, with robust backlog and favorable industry tailwinds supporting long-term growth.