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Side-by-side financial comparison of Blue Bird Corp (BLBD) and ECARX Holdings Inc. (ECX). Click either name above to swap in a different company.
Blue Bird Corp is the larger business by last-quarter revenue ($333.1M vs $323.3M, roughly 1.0× ECARX Holdings Inc.). Blue Bird Corp runs the higher net margin — 9.2% vs -21.4%, a 30.6% gap on every dollar of revenue. On growth, ECARX Holdings Inc. posted the faster year-over-year revenue change (6.5% vs 6.1%). Blue Bird Corp produced more free cash flow last quarter ($31.1M vs $-86.5M).
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.
ECARX Holdings Inc. is a global mobility technology provider specializing in integrated smart vehicle solutions, including in-vehicle infotainment systems, advanced driver assistance technologies, and connected car cloud services. It primarily partners with automotive manufacturers across the world, with a strong operational presence in the Chinese and European markets.
BLBD vs ECX — Head-to-Head
Income Statement — Q1 FY2026 vs Q2 FY2025
| Metric | | |
|---|---|---|
| Revenue | $333.1M | $323.3M |
| Net Profit | $30.8M | $-69.1M |
| Gross Margin | 21.4% | 15.5% |
| Operating Margin | 11.3% | -20.2% |
| Net Margin | 9.2% | -21.4% |
| Revenue YoY | 6.1% | 6.5% |
| Net Profit YoY | 7.1% | 12.8% |
| EPS (diluted) | $0.94 | $-0.20 |
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 | — | ||
| Q3 25 | $409.4M | — | ||
| Q2 25 | $398.0M | $323.3M | ||
| Q1 25 | $358.9M | — | ||
| Q4 24 | $313.9M | — | ||
| Q3 24 | $350.2M | — | ||
| Q2 24 | $333.4M | $303.5M | ||
| Q1 24 | $345.9M | — |
| Q4 25 | $30.8M | — | ||
| Q3 25 | $36.5M | — | ||
| Q2 25 | $36.5M | $-69.1M | ||
| Q1 25 | $26.0M | — | ||
| Q4 24 | $28.7M | — | ||
| Q3 24 | $24.7M | — | ||
| Q2 24 | $28.7M | $-79.2M | ||
| Q1 24 | $26.0M | — |
| Q4 25 | 21.4% | — | ||
| Q3 25 | 21.1% | — | ||
| Q2 25 | 21.6% | 15.5% | ||
| Q1 25 | 19.7% | — | ||
| Q4 24 | 19.2% | — | ||
| Q3 24 | 17.0% | — | ||
| Q2 24 | 20.8% | 22.6% | ||
| Q1 24 | 18.4% | — |
| Q4 25 | 11.3% | — | ||
| Q3 25 | 12.3% | — | ||
| Q2 25 | 12.6% | -20.2% | ||
| Q1 25 | 9.4% | — | ||
| Q4 24 | 10.5% | — | ||
| Q3 24 | 7.3% | — | ||
| Q2 24 | 11.9% | -22.2% | ||
| Q1 24 | 10.4% | — |
| Q4 25 | 9.2% | — | ||
| Q3 25 | 8.9% | — | ||
| Q2 25 | 9.2% | -21.4% | ||
| Q1 25 | 7.3% | — | ||
| Q4 24 | 9.2% | — | ||
| Q3 24 | 7.0% | — | ||
| Q2 24 | 8.6% | -26.1% | ||
| Q1 24 | 7.5% | — |
| Q4 25 | $0.94 | — | ||
| Q3 25 | $1.11 | — | ||
| Q2 25 | $1.12 | $-0.20 | ||
| Q1 25 | $0.79 | — | ||
| Q4 24 | $0.86 | — | ||
| Q3 24 | $0.71 | — | ||
| Q2 24 | $0.85 | $-0.23 | ||
| Q1 24 | $0.79 | — |
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 | $86.2M |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $271.4M | $-293.7M |
| Total Assets | $642.3M | $494.9M |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $241.7M | — | ||
| Q3 25 | $229.3M | — | ||
| Q2 25 | $173.1M | $86.2M | ||
| Q1 25 | $130.7M | — | ||
| Q4 24 | $136.1M | — | ||
| Q3 24 | $127.7M | — | ||
| Q2 24 | $88.4M | $108.4M | ||
| Q1 24 | $93.1M | — |
| Q4 25 | $271.4M | — | ||
| Q3 25 | $255.4M | — | ||
| Q2 25 | $221.8M | $-293.7M | ||
| Q1 25 | $190.4M | — | ||
| Q4 24 | $179.7M | — | ||
| Q3 24 | $159.6M | — | ||
| Q2 24 | $137.3M | $-198.5M | ||
| Q1 24 | $105.8M | — |
| Q4 25 | $642.3M | — | ||
| Q3 25 | $625.3M | — | ||
| Q2 25 | $575.5M | $494.9M | ||
| Q1 25 | $543.7M | — | ||
| Q4 24 | $535.2M | — | ||
| Q3 24 | $524.9M | — | ||
| Q2 24 | $468.1M | $555.0M | ||
| Q1 24 | $456.5M | — |
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 | $-82.0M |
| Free Cash FlowOCF − Capex | $31.1M | $-86.5M |
| FCF MarginFCF / Revenue | 9.3% | -26.7% |
| Capex IntensityCapex / Revenue | 1.6% | 1.4% |
| Cash ConversionOCF / Net Profit | 1.19× | — |
| TTM Free Cash FlowTrailing 4 quarters | $162.6M | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $36.6M | — | ||
| Q3 25 | $65.1M | — | ||
| Q2 25 | $56.9M | $-82.0M | ||
| Q1 25 | $27.8M | — | ||
| Q4 24 | $26.4M | — | ||
| Q3 24 | $55.4M | — | ||
| Q2 24 | $989.0K | $-57.1M | ||
| Q1 24 | $54.6M | — |
| Q4 25 | $31.1M | — | ||
| Q3 25 | $60.5M | — | ||
| Q2 25 | $52.3M | $-86.5M | ||
| Q1 25 | $18.7M | — | ||
| Q4 24 | $21.8M | — | ||
| Q3 24 | $50.2M | — | ||
| Q2 24 | $-3.5M | $-64.9M | ||
| Q1 24 | $51.8M | — |
| Q4 25 | 9.3% | — | ||
| Q3 25 | 14.8% | — | ||
| Q2 25 | 13.1% | -26.7% | ||
| Q1 25 | 5.2% | — | ||
| Q4 24 | 7.0% | — | ||
| Q3 24 | 14.3% | — | ||
| Q2 24 | -1.1% | -21.4% | ||
| Q1 24 | 15.0% | — |
| Q4 25 | 1.6% | — | ||
| Q3 25 | 1.1% | — | ||
| Q2 25 | 1.2% | 1.4% | ||
| Q1 25 | 2.5% | — | ||
| Q4 24 | 1.5% | — | ||
| Q3 24 | 1.5% | — | ||
| Q2 24 | 1.3% | 2.6% | ||
| Q1 24 | 0.8% | — |
| Q4 25 | 1.19× | — | ||
| Q3 25 | 1.78× | — | ||
| Q2 25 | 1.56× | — | ||
| Q1 25 | 1.07× | — | ||
| Q4 24 | 0.92× | — | ||
| Q3 24 | 2.24× | — | ||
| Q2 24 | 0.03× | — | ||
| Q1 24 | 2.10× | — |
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% |
ECX
Segment breakdown not available.
