Blue Bird Corporation ( (BLBD) ) has released its Q2 earnings. Here is a breakdown of the information Blue Bird Corporation presented to its investors.
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Blue Bird Corporation, a leader in the manufacturing of electric and low-emission school buses, has reported its fiscal 2025 second-quarter earnings, showcasing robust financial performance and reaffirming its guidance for the year.
In the second quarter of fiscal 2025, Blue Bird reported net sales of $359 million and a GAAP net income of $26 million. The company sold 2,295 buses and achieved an adjusted EBITDA of $49 million with a 14% margin, marking a record result for the quarter. This performance exceeded the company’s guidance and reflects strong market demand and operational improvements.
Key highlights from the earnings report include a 3.7% increase in net sales compared to the previous year, driven by a favorable product mix and pricing strategy. The company also reported a record delivery of 265 electric-powered buses, reinforcing its leadership in the alternative-powered bus segment. Blue Bird’s adjusted net income rose to $31.5 million, and the adjusted diluted EPS increased to $0.96.
Looking ahead, Blue Bird has reaffirmed its full-year 2025 guidance, projecting adjusted EBITDA between $190 million and $210 million and net revenue between $1.4 billion and $1.5 billion. The company remains optimistic about its long-term outlook, aiming for an adjusted EBITDA margin of over 15% on approximately $2 billion in revenue.