Blue Bird beats Q3 guidance with record Adj. EBITDA $58.5M; raises FY2025 guidance; $100M buyback

Blue Bird Corp

2025-Q3 EPS reported $2.76 revenue$1,070,734,000

Net sales $398M (+19.4% YoY); GAAP net income $36.5M; diluted EPS $1.12.
Adj. EBITDA $58.5M (14.7% margin), a new all-time quarterly record.
FY2025 Adj. EBITDA guidance raised to $210M (14.5% margin) from prior ~$200M.
New $100M share repurchase program announced.
Record EV bus deliveries: 271 in Q3; 1,200 EV buses in sold/backlog.

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