Blue Bird Corporation Reports 29.9% Revenue Growth to $517.2 Million in Latest Quarter

Blue Bird Corporation reported significant financial growth in its latest quarterly results, with net sales reaching $517.2 million for the three months ended June 27, 2026, a 29.9% increase from $398.0 million in the same period last year. The company attributed this growth to the acquisition of Micro Bird Holdings, which contributed $122.9 million to net sales. Despite a slight decrease in units sold for legacy Blue Bird operations, the overall increase in revenue was bolstered by price adjustments and a favorable customer mix.

The company's gross profit for the quarter was $103.4 million, up from $85.9 million a year earlier, reflecting a gross margin improvement driven by effective pricing strategies that offset rising costs from supply chain disruptions and inflation. Operating profit also increased to $62.7 million, compared to $50.1 million in the prior year, aided by a reduction in selling, general, and administrative expenses. However, the company recorded a significant $19.6 million loss related to the settlement of its pension plan, which impacted net income, which soared to $185.3 million from $36.5 million in the previous year.

In terms of operational metrics, Blue Bird's total assets surged to $1.17 billion as of June 27, 2026, up from $625.3 million a year prior, largely due to the acquisition of Micro Bird. The company’s inventory levels also increased significantly, reflecting a strategic decision to stockpile raw materials amid ongoing supply chain challenges. The total employee headcount remained stable, with no significant changes reported in workforce numbers.

Looking ahead, Blue Bird's management expressed optimism about future growth, particularly in the electric bus market, as evidenced by a backlog of approximately 3,570 Type C and D units and 1,290 Type A units as of June 27, 2026. The company is also pursuing further geographic expansion and product development, including a recent agreement to acquire assets from Detroit Chassis LLC, which is expected to enhance its capabilities in the commercial vehicle market. However, management acknowledged the ongoing uncertainties related to supply chain constraints and regulatory changes that could impact future operations and profitability.