vs

Side-by-side financial comparison of Blue Bird Corp (BLBD) and HAEMONETICS CORP (HAE). Click either name above to swap in a different company.

HAEMONETICS CORP is the larger business by last-quarter revenue ($346.4M vs $333.1M, roughly 1.0× Blue Bird Corp). HAEMONETICS CORP runs the higher net margin — 28.1% vs 9.2%, a 18.9% gap on every dollar of revenue. On growth, Blue Bird Corp posted the faster year-over-year revenue change (6.1% vs 4.8%). HAEMONETICS CORP produced more free cash flow last quarter ($209.9M vs $31.1M). Over the past eight quarters, HAEMONETICS CORP's revenue compounded faster (1.5% CAGR vs -1.9%).

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.

Haemonetics Corporation is a global provider of blood and plasma supplies and services. The company was founded in Natick, Massachusetts by Dr. Allen (Jack) Latham in the 1970s.

BLBD vs HAE — Head-to-Head

Bigger by revenue
HAE
HAE
1.0× larger
HAE
$346.4M
$333.1M
BLBD
Growing faster (revenue YoY)
BLBD
BLBD
+1.3% gap
BLBD
6.1%
4.8%
HAE
Higher net margin
HAE
HAE
18.9% more per $
HAE
28.1%
9.2%
BLBD
More free cash flow
HAE
HAE
$178.8M more FCF
HAE
$209.9M
$31.1M
BLBD
Faster 2-yr revenue CAGR
HAE
HAE
Annualised
HAE
1.5%
-1.9%
BLBD

Income Statement — Q1 FY2026 vs Q4 FY2026

Metric
BLBD
BLBD
HAE
HAE
Revenue
$333.1M
$346.4M
Net Profit
$30.8M
$97.3M
Gross Margin
21.4%
57.2%
Operating Margin
11.3%
36.1%
Net Margin
9.2%
28.1%
Revenue YoY
6.1%
4.8%
Net Profit YoY
7.1%
EPS (diluted)
$0.94

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.

Revenue
BLBD
BLBD
HAE
HAE
Q1 26
$346.4M
Q4 25
$333.1M
$339.0M
Q3 25
$409.4M
$327.3M
Q2 25
$398.0M
$321.4M
Q1 25
$358.9M
$330.6M
Q4 24
$313.9M
$348.5M
Q3 24
$350.2M
$345.5M
Q2 24
$333.4M
$336.2M
Net Profit
BLBD
BLBD
HAE
HAE
Q1 26
$97.3M
Q4 25
$30.8M
$44.7M
Q3 25
$36.5M
$38.7M
Q2 25
$36.5M
$34.0M
Q1 25
$26.0M
$58.0M
Q4 24
$28.7M
$37.5M
Q3 24
$24.7M
$33.8M
Q2 24
$28.7M
$38.4M
Gross Margin
BLBD
BLBD
HAE
HAE
Q1 26
57.2%
Q4 25
21.4%
59.7%
Q3 25
21.1%
59.5%
Q2 25
21.6%
59.8%
Q1 25
19.7%
58.4%
Q4 24
19.2%
55.5%
Q3 24
17.0%
54.2%
Q2 24
20.8%
52.0%
Operating Margin
BLBD
BLBD
HAE
HAE
Q1 26
36.1%
Q4 25
11.3%
19.9%
Q3 25
12.3%
17.9%
Q2 25
12.6%
16.8%
Q1 25
9.4%
21.6%
Q4 24
10.5%
16.9%
Q3 24
7.3%
15.0%
Q2 24
11.9%
11.8%
Net Margin
BLBD
BLBD
HAE
HAE
Q1 26
28.1%
Q4 25
9.2%
13.2%
Q3 25
8.9%
11.8%
Q2 25
9.2%
10.6%
Q1 25
7.3%
17.5%
Q4 24
9.2%
10.8%
Q3 24
7.0%
9.8%
Q2 24
8.6%
11.4%
EPS (diluted)
BLBD
BLBD
HAE
HAE
Q1 26
Q4 25
$0.94
$0.95
Q3 25
$1.11
$0.81
Q2 25
$1.12
$0.70
Q1 25
$0.79
$1.17
Q4 24
$0.86
$0.74
Q3 24
$0.71
$0.66
Q2 24
$0.85
$0.74

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
BLBD
BLBD
HAE
HAE
Cash + ST InvestmentsLiquidity on hand
$241.7M
$245.4M
Total DebtLower is stronger
$1.2B
Stockholders' EquityBook value
$271.4M
$796.3M
Total Assets
$642.3M
$2.4B
Debt / EquityLower = less leverage
1.53×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
BLBD
BLBD
HAE
HAE
Q1 26
$245.4M
Q4 25
$241.7M
$363.4M
Q3 25
$229.3M
$296.4M
Q2 25
$173.1M
$292.9M
Q1 25
$130.7M
$306.8M
Q4 24
$136.1M
$320.8M
Q3 24
$127.7M
$299.3M
Q2 24
$88.4M
$344.4M
Total Debt
BLBD
BLBD
HAE
HAE
Q1 26
$1.2B
Q4 25
$1.2B
Q3 25
$1.2B
Q2 25
$1.2B
Q1 25
$1.2B
Q4 24
Q3 24
Q2 24
Stockholders' Equity
BLBD
BLBD
HAE
HAE
Q1 26
$796.3M
Q4 25
$271.4M
$911.5M
Q3 25
$255.4M
$849.2M
Q2 25
$221.8M
$882.3M
Q1 25
$190.4M
$820.8M
Q4 24
$179.7M
$906.9M
Q3 24
$159.6M
$878.9M
Q2 24
$137.3M
$905.4M
Total Assets
BLBD
BLBD
HAE
HAE
Q1 26
$2.4B
Q4 25
$642.3M
$2.5B
Q3 25
$625.3M
$2.4B
Q2 25
$575.5M
$2.5B
Q1 25
$543.7M
$2.5B
Q4 24
$535.2M
$2.5B
Q3 24
$524.9M
$2.5B
Q2 24
$468.1M
$2.5B
Debt / Equity
BLBD
BLBD
HAE
HAE
Q1 26
1.53×
Q4 25
1.34×
Q3 25
1.44×
Q2 25
1.39×
Q1 25
1.49×
Q4 24
Q3 24
Q2 24

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
BLBD
BLBD
HAE
HAE
Operating Cash FlowLast quarter
$36.6M
$293.2M
Free Cash FlowOCF − Capex
$31.1M
$209.9M
FCF MarginFCF / Revenue
9.3%
60.6%
Capex IntensityCapex / Revenue
1.6%
9.5%
Cash ConversionOCF / Net Profit
1.19×
3.01×
TTM Free Cash FlowTrailing 4 quarters
$162.6M
$417.1M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
BLBD
BLBD
HAE
HAE
Q1 26
$293.2M
Q4 25
$36.6M
$93.6M
Q3 25
$65.1M
$111.3M
Q2 25
$56.9M
$17.4M
Q1 25
$27.8M
$116.6M
Q4 24
$26.4M
$43.8M
Q3 24
$55.4M
$48.8M
Q2 24
$989.0K
$-27.4M
Free Cash Flow
BLBD
BLBD
HAE
HAE
Q1 26
$209.9M
Q4 25
$31.1M
$87.2M
Q3 25
$60.5M
$106.3M
Q2 25
$52.3M
$13.6M
Q1 25
$18.7M
$100.9M
Q4 24
$21.8M
$35.2M
Q3 24
$50.2M
$39.4M
Q2 24
$-3.5M
$-33.1M
FCF Margin
BLBD
BLBD
HAE
HAE
Q1 26
60.6%
Q4 25
9.3%
25.7%
Q3 25
14.8%
32.5%
Q2 25
13.1%
4.2%
Q1 25
5.2%
30.5%
Q4 24
7.0%
10.1%
Q3 24
14.3%
11.4%
Q2 24
-1.1%
-9.8%
Capex Intensity
BLBD
BLBD
HAE
HAE
Q1 26
9.5%
Q4 25
1.6%
1.9%
Q3 25
1.1%
1.5%
Q2 25
1.2%
1.2%
Q1 25
2.5%
4.7%
Q4 24
1.5%
2.5%
Q3 24
1.5%
2.7%
Q2 24
1.3%
1.7%
Cash Conversion
BLBD
BLBD
HAE
HAE
Q1 26
3.01×
Q4 25
1.19×
2.09×
Q3 25
1.78×
2.88×
Q2 25
1.56×
0.51×
Q1 25
1.07×
2.01×
Q4 24
0.92×
1.17×
Q3 24
2.24×
1.44×
Q2 24
0.03×
-0.71×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

BLBD
BLBD

Alternative Fuel Buses$151.4M45%
Diesel Buses$144.9M43%
Parts$24.8M7%
Other$12.1M4%

HAE
HAE

Hospital$159.6M46%
Plasma$130.3M38%
Blood Center$56.4M16%

Related Comparisons