Blue Bird Corporation reported a significant increase in its financial performance for the fiscal year ending September 27, 2025, with net sales reaching $1.48 billion, a 9.9% increase from $1.35 billion in the previous fiscal year. The company's gross profit also rose to $303.5 million, up from $256.2 million, reflecting a gross margin improvement from 19.0% to 20.5%. This growth was primarily driven by a 10.8% increase in bus sales, which accounted for $1.38 billion of total sales, alongside a 4.5% rise in units booked and a 6.0% increase in average sales price per unit.
In comparison to fiscal 2024, Blue Bird's operating profit increased by 20% to $167.2 million, despite a rise in selling, general, and administrative expenses, which grew to $136.3 million from $116.8 million. The company also reported a decrease in interest expense, down to $7.2 million from $10.6 million, contributing to a net income of $127.7 million, compared to $105.5 million in the prior year. Adjusted EBITDA for the year was $221.3 million, representing a 21% increase from $182.9 million in fiscal 2024.
Strategically, Blue Bird has focused on expanding its alternative-powered bus offerings, including propane and electric models, which have seen increased demand. The company delivered its 2,000th electric school bus in fiscal 2024 and has plans to enhance production capacity further. Additionally, Blue Bird has secured an $80 million grant from the U.S. Department of Energy to convert a manufacturing site for diesel-powered motorhomes into a facility for producing buses of all powertrains, including electric and low-emission vehicles.
Operationally, Blue Bird sold 9,409 buses in fiscal 2025, with approximately 92.6% sold through its dealer network. The company has also experienced fluctuations in its supply chain, which have impacted production capabilities. Despite these challenges, the company maintained a strong backlog of approximately 3,070 units as of September 27, 2025. Looking ahead, Blue Bird anticipates continued growth driven by strong demand for alternative-powered buses and ongoing improvements in manufacturing efficiencies, although it remains cautious about potential supply chain disruptions and economic conditions that could affect future performance.
About Blue Bird Corp
Blue Bird Corporation designs, engineers, manufactures, and sells school buses and replacement parts primarily in the U.S. and Canada. Its product lineup includes Type C and Type D school buses, specialty buses, and alternative fuel models powered by propane, gasoline, diesel, and electric powertrains. Blue Bird’s competitive advantages include safety innovations, a strong dealer network, and leadership in alternative-powered buses, serving school districts, fleet operators, and government customers.
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