What is the 13F Pro Quality Score for BLBD?

13F Pro ranks Blue Bird Corp (BLBD) on the 13F Pro Quality Score, a 0–100 composite of 32 fundamental signals including return on invested capital, free cash flow consistency, balance-sheet strength, earnings quality, growth durability, and valuation discipline. The score refreshes after each 10-K and 10-Q filing on SEC EDGAR. View BLBD's current score at https://13fpro.ai/research/BLBD (free sign-up required for the full ranking).

Which hedge funds own the most BLBD stock?

Based on the most recent Form 13F-HR filings on SEC EDGAR, the largest reported institutional holders of BLBD include BlackRock,, FMR, AMERICAN CENTURY COMPANIES. Holdings are reported quarterly within 45 days of quarter-end and updated on https://13fpro.ai/research/BLBD as soon as new 13F filings post.

Where does 13F Pro source BLBD data?

All Blue Bird Corp fundamentals and ownership data come directly from SEC EDGAR. Blue Bird Corp files with the SEC under CIK 1589526. 13F Pro ingests XBRL financial facts from 10-K and 10-Q filings, Form 13F-HR institutional holdings, and Form 4 insider transactions, with no third-party rewrites or estimates.

What sector is BLBD in?

Blue Bird Corp (BLBD) is classified in the Industrials sector. 13F Pro publishes sector-level fund flow analysis and quality leaders at https://13fpro.ai/research/sector/industrials.

What drives BLBD's revenue?

Per Blue Bird Corp's latest 10-Q filed with the SEC on 2026-05-06, the biggest revenue drivers are: Bus segment ($632.7M, +1.9% YoY). Figures are extracted from the filing text and machine-verified against the document. Full breakdown at https://13fpro.ai/research/BLBD.

What are BLBD's largest expenses?

Blue Bird Corp's latest 10-Q reports these as the largest expense items: Cost of goods sold ($543.8M, +0.4% YoY); Selling, general and administrative expenses ($65.1M, +0.9% YoY); Interest expense ($3.1M, -16.6% YoY). Sourced directly from SEC EDGAR filing text for Q2 FY2026 (six months ended March 28, 2026).

How often is BLBD research updated on 13F Pro?

BLBD's fundamentals refresh within hours of each new 10-K or 10-Q filing on SEC EDGAR. Institutional ownership updates after each quarterly 13F filing window. Insider transactions update after each Form 4 filing. The 13F Pro Quality Score recalculates after every fundamentals refresh.

Blue Bird Corp(BLBD)Stock Analysis

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13F Pro Quality Score

67.1/100

Rank #483 of 2,879 stocksTOP 25%

View Industrials peers →

Rankings refresh quarterly once 80% of peers have filed (~45 days after quarter-end). Next update: ~Aug 14, 2026.

Revenue Growth

67.4/100

Profitability

64.1/100

Balance Sheet

96.4/100

Earnings Quality

91.5/100

Free Cash Flow

63.1/100

Institutional Flow

18.7/100

Revenue Scale

56.5/100

Dilution Risk

57.2/100

BLBD Stock Analysis & AI Quality Score

AI stock analysis and institutional research for Blue Bird Corp (BLBD), a Industrials sector company. 13F Pro's AI-powered ranking engine scores BLBD at 67.1/100 on a 32-signal composite quality model, placing it at rank #483 of 2,879 stocks — the top 25% of the AI-ranked universe. BLBD scores in the top quartile across balance sheet strength (96.4), earnings quality (91.5). Areas of concern include institutional flow (18.7), which score below median versus the broader universe. Based on the latest XBRL financial filings (Q2 2026), Blue Bird Corp reports quarterly revenue of $352.6M, net income of $29.3M, an operating margin of 11.1%. Top institutional holders of BLBD by reported 13-F value include BlackRock,, FMR, AMERICAN CENTURY COMPANIES, based on the most recent SEC filings. BLBD trades on the Nasdaq exchange and files with the SEC under CIK 1589526. 13F Pro's AI research platform runs 10 specialized AI analysts — value, growth, momentum, macro, and activist specialists — that debate BLBD daily and publish AI-generated analysis with cited SEC sources. The platform aggregates historical XBRL financial facts, 10-Q and 10-K filings, insider Form 4 transactions, and institutional 13-F holdings for Blue Bird Corp directly from SEC EDGAR. Blue Bird Corp's 13F Pro composite quality score has ranged between 8 and 76 since 2021, currently 67.1 — an improving long-term trajectory across 56 quarterly and live scoring snapshots.

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Fun facts about Blue Bird Corp

Quirks, history, and lore behind BLBD — the kind of stuff that makes a stock memorable.

1
The Basics
U.S. industrials company · small-cap · listed on Nasdaq · headquartered in Georgia.
2
The Numbers
Annual revenue in the range of roughly $1 billion, with a business that is highly sensitive to government and municipal spending cycles.
3
The History
Founded in the 1920s, the company has spent a century focused on a single, unglamorous product category — and it still dominates North American production of that category today.
4
The Secret
Its biggest customers are school districts and municipalities, and a major federal push toward electric vehicles has given this old manufacturer a surprising growth story.
5
The Lore
The company is one of only two major manufacturers of its core product in North America, giving it significant pricing power in a market where demand is essentially mandated by law.
6
The Giveaway
It builds the iconic yellow school bus — and its push into electric school buses means the most recognizable vehicle in American childhood is going green.

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What's Driving BLBD's Business? Latest 10-Q Breakdown

AI-extracted from Blue Bird Corp's 10-Q filed 2026-05-06 — Q2 FY2026 (six months ended March 28, 2026). Every figure is machine-verified against the filing text on SEC EDGAR.

Blue Bird posted $685.7M revenue (+1.9% YoY) and $60.1M net income (+9.6% YoY) for H1 FY2026, with Adjusted EBITDA margin expanding 60bps to 14.7%, driven by pricing actions offsetting tariff and inflation pressures.

Biggest Revenue Drivers

Total revenue: $685.7M+1.9% YoY

Bus segment$632.7M+1.9% YoY

5.3% average price increase partially offset 3.2% unit decline; pricing actions mitigated tariff and inflationary cost pressures.

Largest Expense Items

Cost of goods sold$543.8M+0.4% YoY

As % of sales improved from 80.5% to 79.3%; pricing exceeded tariff and inflationary cost increases.

Selling, general and administrative expenses$65.1M+0.9% YoY

Increase in R&D and labor costs partially offset by lower share-based compensation versus prior year.

Interest expense$3.1M-16.6% YoY

Decrease driven by lower stated term loan rate (5.5% vs 6.2%) and lower outstanding borrowings.

Watch Items from the Filing

Backlog of 3,560 units as of March 28, 2026 (up from 3,070 at September 27, 2025) includes over 900 electric units; uncertainty in bus pricing from tariffs temporarily impacted orders in late FY2025.
Micro Bird acquisition closed April 1, 2026 for $201.8M ($63M cash + $138.8M stock; $129.6M Micro Bird debt repaid). Company incurred $2.7M pretax transaction costs in Q2.
Pension plan termination underway; $13M lump-sum settlements paid April 2026. Entire $28.1M accumulated other comprehensive loss will be recognized as Q3 loss upon plan completion.
Supply chain constraints and tariff pressures continue; pricing actions offset so far but company explicitly states risks could materially impact future results if unable to pass costs or procure inventory.

AI-extracted and verified against SEC EDGAR filing text. Not investment advice.

Read the full 10-Q on SEC EDGAR →Share on X

Revenue

Q2 2026

$352.6M

Net Income

Q2 2026

$29.3M

Free Cash Flow

Q2 2026

$39.9M

Operating Margin

Q2 2026

11.1%

D/E Ratio

Q2 2026

0.30

Revenue & Net Income

Earnings Per Share

Key Financials Over Time

Export Financial Table · Pro+

Revenue

+30.7% YoY

$1.48BFY 2025

FY21 $684.0MFY22 $800.6MFY23 $1.13BFY25 $1.48B

Net Income

+436.4% YoY

$127.7MFY 2025

FY21 $-289.0KFY22 $-45.8MFY23 $23.8MFY25 $127.7M

Operating Income

+223.6% YoY

$167.2MFY 2025

FY21 $6.5MFY22 $-40.7MFY23 $51.7MFY25 $167.2M

EPS (Diluted)

+424.3% YoY

$3.88FY 2025

FY21 $-0.01FY22 $-1.48FY23 $0.74FY25 $3.88

Total Assets

+49.7% YoY

$625.3MFY 2025

FY21 $356.0MFY22 $366.1MFY23 $417.8MFY25 $625.3M

Total Debt

-30.7% YoY

$90.3MFY 2025

FY21 $164.4MFY22 $150.2MFY23 $130.3MFY25 $90.3M

Op. Cash Flow

+46.9% YoY

$176.2MFY 2025

FY21 $-54.2MFY22 $-24.4MFY23 $119.9MFY25 $176.2M

Metric	FY 2025	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Revenue	$1.48B +30.7%	$1.13B +41.5%	$800.6M +17.1%	$684.0M -22.2%	$879.2M -13.7%	$1.02B
Net Income	$127.7M +436.4%	$23.8M +152.0%	$-45.8M -15733.6%	$-289.0K -102.4%	$12.2M -49.9%	$24.3M
Operating Income	$167.2M +223.6%	$51.7M +226.9%	$-40.7M -724.0%	$6.5M -70.3%	$22.0M -49.8%	$43.8M
EPS (Diluted)	$3.88 +424.3%	$0.74 +150.0%	$-1.48 -14700.0%	$-0.01 -102.2%	$0.45 -50.0%	$0.90
Total Assets	$625.3M +49.7%	$417.8M +14.1%	$366.1M +2.8%	$356.0M +12.2%	$317.4M -13.1%	$365.4M
Total Debt	$90.3M -30.7%	$130.3M -13.2%	$150.2M -8.7%	$164.4M -5.6%	$174.1M -4.9%	$183.1M
Operating Cash Flow	$176.2M +46.9%	$119.9M +590.8%	$-24.4M +54.9%	$-54.2M -1668.1%	$3.5M -93.8%	$55.7M

AI Insight: BLBD Financial Trends

Blue Bird posted strong revenue growth and margin expansion through 2025, with operating income up 22.5% year-over-year in Q1 2026 despite seasonal revenue dips.

• Revenue grew from $333M (Q2 2024) to $353M (Q1 2026), +6% over 2 years; Q2–Q3 2025 peak at $398M–$409M.

• Operating income expanded from $40M (Q2 2024) to $39M (Q1 2026); Q2–Q3 2025 reached $50M (+25% vs Q2 2024).

• Operating cash flow strengthened: $1M (Q2 2024) to $48M (Q1 2026); Q3 2025 hit $65M.

• Total debt fell from $96M to $88M; equity rose from $137M to $298M, improving leverage and balance sheet strength.

⚠ Quarterly revenue volatility: dips to $314M–$333M in Q4 periods suggest seasonal weakness; Q1 2026 at $353M below Q1 2025 peak of $359M.

⚠ Net income declined from $36M (Q2–Q3 2025) to $29M (Q1 2026), a 19% drop quarter-over-quarter despite stable op income.

AI Insight: BLBD Ratio Trends

BLBD's profitability and return metrics have deteriorated steadily since Q2 2025, with ROE falling 26.4pp to 39.3% and ROIC contracting 23.3pp to 40.6% in Q1 2026.

• Operating margin compressed from 12.6% in Q2 2025 to 11.1% in Q1 2026, reversing earlier recovery from 9.4% lows.

• Leverage improved meaningfully: D/E ratio fell from 0.70 in Q2 2024 to 0.30 in Q1 2026, halving debt burden.

• Net profit margin remained stable ~8–9% range across trailing twelve months, but ROA declined to 17.0% from 25.3% peak.

⚠ ROIC tumbled 23.3pp from Q2 2025 peak (63.9%) to Q1 2026 (40.6%)—sharpest deterioration in capital efficiency in dataset.

⚠ Four consecutive quarters of ROE contraction (65.7% → 39.3%) suggests eroding profitability or asset base pressure.

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Available Research

13F Pro tracks comprehensive data for Blue Bird Corp including:

SEC EDGAR filings (10-K, 10-Q, 8-K)

XBRL financial facts (revenue, EPS, margins)

Insider transactions (Form 4)

Institutional 13F holdings

Quality rankings (32 signals)

AI analyst debates & daily meetings

Historical financial trends

Peer comparison & sector analysis

Top Institutional Holders of BLBD

BlackRock, Inc.
$147.1M2,590,073 sh
FMR LLC
$144.3M2,541,383 sh
AMERICAN CENTURY COMPANIES INC
$100.0M1,760,651 sh
WESTWOOD HOLDINGS GROUP INC
$94.0M1,654,770 sh
VANGUARD CAPITAL MANAGEMENT LLC
$79.0M1,390,607 sh
JANUS HENDERSON GROUP PLC
$62.7M1,102,335 sh
WELLINGTON MANAGEMENT GROUP LLP
$57.8M1,018,167 sh
GEODE CAPITAL MANAGEMENT, LLC
$47.0M827,122 sh
STATE STREET CORP
$42.7M752,313 sh
DIMENSIONAL FUND ADVISORS LP
$39.1M688,931 sh

Fund	Value	Shares
BlackRock, Inc.	$147.1M	2,590,073
FMR LLC	$144.3M	2,541,383
AMERICAN CENTURY COMPANIES INC	$100.0M	1,760,651
WESTWOOD HOLDINGS GROUP INC	$94.0M	1,654,770
VANGUARD CAPITAL MANAGEMENT LLC	$79.0M	1,390,607
JANUS HENDERSON GROUP PLC	$62.7M	1,102,335
WELLINGTON MANAGEMENT GROUP LLP	$57.8M	1,018,167
GEODE CAPITAL MANAGEMENT, LLC	$47.0M	827,122
STATE STREET CORP	$42.7M	752,313
DIMENSIONAL FUND ADVISORS LP	$39.1M	688,931

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Is BLBD a good stock to buy?

13F Pro's AI-powered analysis of Blue Bird Corp (BLBD) draws on SEC EDGAR-sourced fundamentals, institutional 13F holdings, and insider Form 4 transactions in the Industrials sector (listed on Nasdaq). The 32-signal AI Quality Score, current rank, and full bull/bear verdict for BLBD are available on the BLBD stock profile dashboard — with the same data, AI insights, ratios, and institutional activity refreshed after every 10-K, 10-Q, 13F, and Form 4 filing.

Which hedge funds own BLBD?

Institutional investors are required to disclose their holdings quarterly via SEC Form 13F. 13F Pro aggregates these filings to show which hedge funds, mutual funds, and asset managers are buying or selling BLBD. Combined with insider transaction data from Form 4 filings and AI-powered analysis from 10 specialized research agents, 13F Pro provides a comprehensive view of Blue Bird Corp's investment landscape.