Blue Bird FY26 Q3 GAAP net income rises 407.95% to $185.3 million; net sales climb 29.9% to $517.2 million
Reuters2026/08/05 20:57- Blue Bird posted fiscal 2026 Q3 net sales of USD 517.2 million, up 29.9%, with 3,525 buses sold.
- GAAP net income climbed to USD 185.3 million; diluted EPS rose to USD 5.27.
- Non-GAAP adjusted EBITDA increased to USD 71.4 million; the company cited a 14% margin.
- Results included the Micro Bird acquisition, contributing USD 122.9 million of net sales and a USD 160.5 million GAAP gain from remeasurement.
- Raised FY2026 outlook to about USD 1.75 billion in net revenue and about USD 247 million in adjusted EBITDA; unveiled expanded Ford chassis collaboration, with a Detroit plant asset purchase expected to close early 2027.
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