BLBD Blue Bird Corp

FY2025 10-K
Filed: Nov 24, 2025
Industrials
Truck & Bus BodiesSEC EDGAR

Blue Bird Corp (BLBD) filed its fiscal year 2025 10-K annual report with the SEC on Nov 24, 2025. This page provides AI-powered analysis of the filing, including business overview, management discussion, risk factors, and key financial metrics from XBRL data.

AI Filing Analysis
FY2025 10-K

Business Overview

  • Core business model: Designer and manufacturer of school buses and replacement parts with focus on multiple powertrain options including diesel, propane, gasoline, and electric
  • New product focus: First-in-industry standard three-point seat belts on all student seats and introduction of 4Front steering wheel air bag for drivers starting fiscal 2026
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Management Discussion & Analysis

  • Revenue not explicitly stated; sold 9,000 units in fiscal 2024 and over 9,400 units in fiscal 2025, backlog down from 4,800 to 3,070 units
  • Gross margin in fiscal 2025 better than fiscal 2024; gross profit and margin in fiscal 2023 and 2024 consistent with or better than pre-pandemic levels
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Risk Factors

  • Inflation and tariffs risk: inventory purchase costs increased due to supply chain disruptions and tariffs imposed in fiscal 2025
  • Geopolitical supply chain impact: Russia's invasion of Ukraine caused inflation and freight cost escalation affecting fiscal 2022-2025
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Financial Summary
XBRL

Revenue

$1.5B

Net Income

$128M

Gross Margin

20.5%

Operating Margin

11.3%

Net Margin

8.6%

ROE

50.0%

Total Assets

$625M

EPS (Diluted)

$3.88

Operating Cash Flow

$176M

Source: XBRL data from Blue Bird Corp FY2025 10-K filing on SEC EDGAR. All figures in USD.

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