Blue Bird Corporation Q1 2026 Earnings Recap

Blue Bird Corporation's fiscal Q1 2026 results exceeded guidance across all metrics, showcasing robust order intake and strong financial performance amidst ongoing tariff challenges.

Key Takeaways

• Revenue increased 6% year-over-year to $333 million, with adjusted EBITDA rising to $50 million.
• Q1 order intake surged 45% compared to the previous year, leading to a backlog of 3,400 units.
• The company is optimistic about the EV market, recording 121 EV sales and a backlog of 855 units expected to extend into 2027.
• Discipline in pricing strategy resulted in an average increase of nearly $8,800 per bus unit, reflecting effective tariff recovery measures.
• Continued commitment to operational excellence, with a focus on automation and cost improvement initiatives to enhance long-term profitability.