---
schema_version: "secwatch.filing_event.v1"
accession: "0001589526-23-000020"
form_type: "8-K"
ticker: "BLBD"
cik: "0001589526"
company_name: "Blue Bird Corp"
filed_at: "2023-02-08T23:59:59+00:00"
generated_at: "2026-06-19T21:48:44.783258+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Blue Bird Q1 revenue $236M (+82% YoY), net loss $11.3M; raises FY2023 Adj. EBITDA guidance to $43M

## Summary
- Revenue $235.7M, up 82.4% YoY; unit sales 1,957 (up 70.3%). Net loss $11.3M vs $4.1M loss in prior year.
- Adjusted EBITDA $(4.2)M vs $3.6M positive in prior year; adjusted net loss $9.8M.
- Raised FY2023 guidance: net revenue ~$1B, Adj. EBITDA $40-46M (midpoint $43M), Adj. free cash flow $5-11M.
- Record electric bus sales; backlog >5,300 units ($675M+); 950+ EVs on road; EV bookings up 130% YoY.
- Expect return to historical profitability during FY23 with improving performance each quarter.

## SEC filing metadata
- accession: 0001589526-23-000020
- form_type: 8-K
- ticker: BLBD
- cik: 0001589526
- company_name: Blue Bird Corp
- filed_at: 2023-02-08T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1589526/000158952623000020/0001589526-23-000020-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1589526/000158952623000020/blbd-20230208.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001589526-23-000020
- JSON: https://secwatch.observer/filing/0001589526-23-000020.json
- Plain text: https://secwatch.observer/filing/0001589526-23-000020.txt

## Key facts
- Earnings Releases
  Blue Bird Corp reported fiscal 2023 first quarter results: revenue $235.7 million, net income Net Loss of $11.3 million, EPS Diluted Loss per Share of $0.35. Guidance raised.
  - Period: fiscal 2023 first quarter
  - Revenue: $235.7 million
  - Net income: Net Loss of $11.3 million
  - EPS: Diluted Loss per Share of $0.35
  - Guidance: raised
  - Result: reported results
  source text: outlook of profitable growth towards $2 billion in revenues and Adjusted EBITDA margins of 12%, or $250 million.” Fiscal 2023 First Quarter Results Net Sales Net sales were $235.7 million for the first quarter of fiscal 2023, an increase of $106.5 million, or 82.4%, from prior year period. Bus sales increased $100.8 million, reflecting a 11.4% increase in average
  evidence_url: https://www.sec.gov/Archives/edgar/data/1589526/000158952623000020/0001589526-23-000020-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.