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Side-by-side financial comparison of Blue Bird Corp (BLBD) and PATHWARD FINANCIAL, INC. (CASH). Click either name above to swap in a different company.
Blue Bird Corp is the larger business by last-quarter revenue ($333.1M vs $173.1M, roughly 1.9× PATHWARD FINANCIAL, INC.). PATHWARD FINANCIAL, INC. runs the higher net margin — 20.3% vs 9.2%, a 11.1% gap on every dollar of revenue. On growth, Blue Bird Corp posted the faster year-over-year revenue change (6.1% vs -0.2%). PATHWARD FINANCIAL, INC. produced more free cash flow last quarter ($104.1M vs $31.1M). Over the past eight quarters, Blue Bird Corp's revenue compounded faster (-1.9% CAGR vs -18.0%).
The Blue Bird Corporation is an American bus manufacturer. Headquartered in Fort Valley, Georgia, the company was best known for its production of school buses. The company has also manufactured a wide variety of other bus types, including transit buses, motorhomes, and specialty vehicles such as mobile libraries and mobile police command centers.
Pathward Financial, Inc. is a U.S.-based banking and financial services company. It adopted its current name in 2022 after its parent, Meta Financial Group, sold the "Meta" trademark to Meta Platforms.
BLBD vs CASH — Head-to-Head
Income Statement — Q1 FY2026 vs Q1 FY2026
| Metric | | |
|---|---|---|
| Revenue | $333.1M | $173.1M |
| Net Profit | $30.8M | $35.2M |
| Gross Margin | 21.4% | — |
| Operating Margin | 11.3% | 24.6% |
| Net Margin | 9.2% | 20.3% |
| Revenue YoY | 6.1% | -0.2% |
| Net Profit YoY | 7.1% | 11.9% |
| EPS (diluted) | $0.94 | $1.57 |
Green = leading value per metric. Periods may differ when fiscal calendars don't align.
8-Quarter Revenue & Profit Trend
Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.
| Q4 25 | $333.1M | $173.1M | ||
| Q3 25 | $409.4M | $186.7M | ||
| Q2 25 | $398.0M | $195.8M | ||
| Q1 25 | $358.9M | $274.8M | ||
| Q4 24 | $313.9M | $182.6M | ||
| Q3 24 | $350.2M | $179.5M | ||
| Q2 24 | $333.4M | $188.6M | ||
| Q1 24 | $345.9M | $257.6M |
| Q4 25 | $30.8M | $35.2M | ||
| Q3 25 | $36.5M | $38.8M | ||
| Q2 25 | $36.5M | $42.1M | ||
| Q1 25 | $26.0M | $75.0M | ||
| Q4 24 | $28.7M | $30.0M | ||
| Q3 24 | $24.7M | $33.5M | ||
| Q2 24 | $28.7M | $44.9M | ||
| Q1 24 | $26.0M | $69.9M |
| Q4 25 | 21.4% | — | ||
| Q3 25 | 21.1% | — | ||
| Q2 25 | 21.6% | — | ||
| Q1 25 | 19.7% | — | ||
| Q4 24 | 19.2% | — | ||
| Q3 24 | 17.0% | — | ||
| Q2 24 | 20.8% | — | ||
| Q1 24 | 18.4% | — |
| Q4 25 | 11.3% | 24.6% | ||
| Q3 25 | 12.3% | 25.9% | ||
| Q2 25 | 12.6% | 24.1% | ||
| Q1 25 | 9.4% | 33.2% | ||
| Q4 24 | 10.5% | 19.8% | ||
| Q3 24 | 7.3% | 20.9% | ||
| Q2 24 | 11.9% | 27.1% | ||
| Q1 24 | 10.4% | 33.8% |
| Q4 25 | 9.2% | 20.3% | ||
| Q3 25 | 8.9% | 20.8% | ||
| Q2 25 | 9.2% | 21.5% | ||
| Q1 25 | 7.3% | 27.3% | ||
| Q4 24 | 9.2% | 16.4% | ||
| Q3 24 | 7.0% | 18.7% | ||
| Q2 24 | 8.6% | 23.8% | ||
| Q1 24 | 7.5% | 27.1% |
| Q4 25 | $0.94 | $1.57 | ||
| Q3 25 | $1.11 | $1.69 | ||
| Q2 25 | $1.12 | $1.81 | ||
| Q1 25 | $0.79 | $3.14 | ||
| Q4 24 | $0.86 | $1.23 | ||
| Q3 24 | $0.71 | $1.34 | ||
| Q2 24 | $0.85 | $1.78 | ||
| Q1 24 | $0.79 | $2.74 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $241.7M | $331.2M |
| Total DebtLower is stronger | — | $33.5M |
| Stockholders' EquityBook value | $271.4M | $854.5M |
| Total Assets | $642.3M | $7.6B |
| Debt / EquityLower = less leverage | — | 0.04× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $241.7M | $331.2M | ||
| Q3 25 | $229.3M | $120.6M | ||
| Q2 25 | $173.1M | $258.3M | ||
| Q1 25 | $130.7M | $254.2M | ||
| Q4 24 | $136.1M | $597.4M | ||
| Q3 24 | $127.7M | $158.3M | ||
| Q2 24 | $88.4M | $298.9M | ||
| Q1 24 | $93.1M | $347.9M |
| Q4 25 | — | $33.5M | ||
| Q3 25 | — | $33.5M | ||
| Q2 25 | — | $33.4M | ||
| Q1 25 | — | $33.4M | ||
| Q4 24 | — | $33.4M | ||
| Q3 24 | — | $33.4M | ||
| Q2 24 | — | $33.3M | ||
| Q1 24 | — | $33.4M |
| Q4 25 | $271.4M | $854.5M | ||
| Q3 25 | $255.4M | $858.0M | ||
| Q2 25 | $221.8M | $819.0M | ||
| Q1 25 | $190.4M | $814.7M | ||
| Q4 24 | $179.7M | $758.3M | ||
| Q3 24 | $159.6M | $822.5M | ||
| Q2 24 | $137.3M | $748.4M | ||
| Q1 24 | $105.8M | $719.5M |
| Q4 25 | $642.3M | $7.6B | ||
| Q3 25 | $625.3M | $7.2B | ||
| Q2 25 | $575.5M | $7.2B | ||
| Q1 25 | $543.7M | $7.0B | ||
| Q4 24 | $535.2M | $7.6B | ||
| Q3 24 | $524.9M | $7.5B | ||
| Q2 24 | $468.1M | $7.5B | ||
| Q1 24 | $456.5M | $7.4B |
| Q4 25 | — | 0.04× | ||
| Q3 25 | — | 0.04× | ||
| Q2 25 | — | 0.04× | ||
| Q1 25 | — | 0.04× | ||
| Q4 24 | — | 0.04× | ||
| Q3 24 | — | 0.04× | ||
| Q2 24 | — | 0.04× | ||
| Q1 24 | — | 0.05× |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | $36.6M | $108.3M |
| Free Cash FlowOCF − Capex | $31.1M | $104.1M |
| FCF MarginFCF / Revenue | 9.3% | 60.1% |
| Capex IntensityCapex / Revenue | 1.6% | 2.4% |
| Cash ConversionOCF / Net Profit | 1.19× | 3.08× |
| TTM Free Cash FlowTrailing 4 quarters | $162.6M | $616.8M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $36.6M | $108.3M | ||
| Q3 25 | $65.1M | $303.7M | ||
| Q2 25 | $56.9M | $30.4M | ||
| Q1 25 | $27.8M | $188.3M | ||
| Q4 24 | $26.4M | $-71.7M | ||
| Q3 24 | $55.4M | $143.1M | ||
| Q2 24 | $989.0K | $113.2M | ||
| Q1 24 | $54.6M | $203.0M |
| Q4 25 | $31.1M | $104.1M | ||
| Q3 25 | $60.5M | $300.3M | ||
| Q2 25 | $52.3M | $27.7M | ||
| Q1 25 | $18.7M | $184.7M | ||
| Q4 24 | $21.8M | $-73.8M | ||
| Q3 24 | $50.2M | $138.8M | ||
| Q2 24 | $-3.5M | $111.0M | ||
| Q1 24 | $51.8M | $201.3M |
| Q4 25 | 9.3% | 60.1% | ||
| Q3 25 | 14.8% | 160.9% | ||
| Q2 25 | 13.1% | 14.1% | ||
| Q1 25 | 5.2% | 67.2% | ||
| Q4 24 | 7.0% | -40.4% | ||
| Q3 24 | 14.3% | 77.3% | ||
| Q2 24 | -1.1% | 58.8% | ||
| Q1 24 | 15.0% | 78.1% |
| Q4 25 | 1.6% | 2.4% | ||
| Q3 25 | 1.1% | 1.8% | ||
| Q2 25 | 1.2% | 1.4% | ||
| Q1 25 | 2.5% | 1.3% | ||
| Q4 24 | 1.5% | 1.1% | ||
| Q3 24 | 1.5% | 2.4% | ||
| Q2 24 | 1.3% | 1.2% | ||
| Q1 24 | 0.8% | 0.7% |
| Q4 25 | 1.19× | 3.08× | ||
| Q3 25 | 1.78× | 7.83× | ||
| Q2 25 | 1.56× | 0.72× | ||
| Q1 25 | 1.07× | 2.51× | ||
| Q4 24 | 0.92× | -2.39× | ||
| Q3 24 | 2.24× | 4.27× | ||
| Q2 24 | 0.03× | 2.52× | ||
| Q1 24 | 2.10× | 2.90× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
BLBD
| Alternative Fuel Buses | $151.4M | 45% |
| Diesel Buses | $144.9M | 43% |
| Parts | $24.8M | 7% |
| Other | $12.1M | 4% |
CASH
| Consumer | $103.0M | 59% |
| Payment Card And Deposit Fees | $30.1M | 17% |
| Other | $24.2M | 14% |
| Rental Income | $11.6M | 7% |
| Commercial | $4.2M | 2% |
