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Side-by-side financial comparison of Blue Bird Corp (BLBD) and iRhythm Holdings, Inc. (IRTC). Click either name above to swap in a different company.
Blue Bird Corp is the larger business by last-quarter revenue ($333.1M vs $208.9M, roughly 1.6× iRhythm Holdings, Inc.). Blue Bird Corp runs the higher net margin — 9.2% vs 2.7%, a 6.6% gap on every dollar of revenue. On growth, iRhythm Holdings, Inc. posted the faster year-over-year revenue change (27.1% vs 6.1%). Blue Bird Corp produced more free cash flow last quarter ($31.1M vs $14.5M). Over the past eight quarters, iRhythm Holdings, Inc.'s revenue compounded faster (25.8% 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.
iRhythm Holdings is a digital healthcare company focused on cardiac care, developing and commercializing wearable ambulatory heart monitoring devices paired with AI-powered analytical tools. It primarily serves healthcare providers and patients across the United States, helping to detect undiagnosed arrhythmias such as atrial fibrillation through convenient long-term heart rhythm tracking that delivers actionable clinical insights.
BLBD vs IRTC — Head-to-Head
Income Statement — Q1 FY2026 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $333.1M | $208.9M |
| Net Profit | $30.8M | $5.6M |
| Gross Margin | 21.4% | 70.9% |
| Operating Margin | 11.3% | 1.1% |
| Net Margin | 9.2% | 2.7% |
| Revenue YoY | 6.1% | 27.1% |
| Net Profit YoY | 7.1% | 518.5% |
| EPS (diluted) | $0.94 | $0.18 |
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 | $208.9M | ||
| Q3 25 | $409.4M | $192.9M | ||
| Q2 25 | $398.0M | $186.7M | ||
| Q1 25 | $358.9M | $158.7M | ||
| Q4 24 | $313.9M | $164.3M | ||
| Q3 24 | $350.2M | $147.5M | ||
| Q2 24 | $333.4M | $148.0M | ||
| Q1 24 | $345.9M | $131.9M |
| Q4 25 | $30.8M | $5.6M | ||
| Q3 25 | $36.5M | $-5.2M | ||
| Q2 25 | $36.5M | $-14.2M | ||
| Q1 25 | $26.0M | $-30.7M | ||
| Q4 24 | $28.7M | $-1.3M | ||
| Q3 24 | $24.7M | $-46.2M | ||
| Q2 24 | $28.7M | $-20.1M | ||
| Q1 24 | $26.0M | $-45.7M |
| Q4 25 | 21.4% | 70.9% | ||
| Q3 25 | 21.1% | 71.1% | ||
| Q2 25 | 21.6% | 71.2% | ||
| Q1 25 | 19.7% | 68.8% | ||
| Q4 24 | 19.2% | 70.0% | ||
| Q3 24 | 17.0% | 68.8% | ||
| Q2 24 | 20.8% | 69.9% | ||
| Q1 24 | 18.4% | 66.3% |
| Q4 25 | 11.3% | 1.1% | ||
| Q3 25 | 12.3% | -4.4% | ||
| Q2 25 | 12.6% | -10.0% | ||
| Q1 25 | 9.4% | -20.5% | ||
| Q4 24 | 10.5% | -2.5% | ||
| Q3 24 | 7.3% | -34.1% | ||
| Q2 24 | 11.9% | -15.5% | ||
| Q1 24 | 10.4% | -28.9% |
| Q4 25 | 9.2% | 2.7% | ||
| Q3 25 | 8.9% | -2.7% | ||
| Q2 25 | 9.2% | -7.6% | ||
| Q1 25 | 7.3% | -19.3% | ||
| Q4 24 | 9.2% | -0.8% | ||
| Q3 24 | 7.0% | -31.3% | ||
| Q2 24 | 8.6% | -13.6% | ||
| Q1 24 | 7.5% | -34.6% |
| Q4 25 | $0.94 | $0.18 | ||
| Q3 25 | $1.11 | $-0.16 | ||
| Q2 25 | $1.12 | $-0.44 | ||
| Q1 25 | $0.79 | $-0.97 | ||
| Q4 24 | $0.86 | $-0.03 | ||
| Q3 24 | $0.71 | $-1.48 | ||
| Q2 24 | $0.85 | $-0.65 | ||
| Q1 24 | $0.79 | $-1.47 |
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 | $583.8M |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $271.4M | $152.7M |
| Total Assets | $642.3M | $1.0B |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $241.7M | $583.8M | ||
| Q3 25 | $229.3M | $565.2M | ||
| Q2 25 | $173.1M | $545.5M | ||
| Q1 25 | $130.7M | $520.6M | ||
| Q4 24 | $136.1M | $535.6M | ||
| Q3 24 | $127.7M | $522.0M | ||
| Q2 24 | $88.4M | $561.5M | ||
| Q1 24 | $93.1M | $569.1M |
| Q4 25 | $271.4M | $152.7M | ||
| Q3 25 | $255.4M | $121.9M | ||
| Q2 25 | $221.8M | $103.7M | ||
| Q1 25 | $190.4M | $86.7M | ||
| Q4 24 | $179.7M | $90.9M | ||
| Q3 24 | $159.6M | $71.8M | ||
| Q2 24 | $137.3M | $99.2M | ||
| Q1 24 | $105.8M | $90.3M |
| Q4 25 | $642.3M | $1.0B | ||
| Q3 25 | $625.3M | $995.2M | ||
| Q2 25 | $575.5M | $964.0M | ||
| Q1 25 | $543.7M | $926.1M | ||
| Q4 24 | $535.2M | $931.4M | ||
| Q3 24 | $524.9M | $909.7M | ||
| Q2 24 | $468.1M | $919.2M | ||
| Q1 24 | $456.5M | $909.8M |
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 | $26.2M |
| Free Cash FlowOCF − Capex | $31.1M | $14.5M |
| FCF MarginFCF / Revenue | 9.3% | 6.9% |
| Capex IntensityCapex / Revenue | 1.6% | 5.6% |
| Cash ConversionOCF / Net Profit | 1.19× | 4.70× |
| TTM Free Cash FlowTrailing 4 quarters | $162.6M | $34.5M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $36.6M | $26.2M | ||
| Q3 25 | $65.1M | $34.9M | ||
| Q2 25 | $56.9M | $27.7M | ||
| Q1 25 | $27.8M | $-7.9M | ||
| Q4 24 | $26.4M | $19.2M | ||
| Q3 24 | $55.4M | $24.3M | ||
| Q2 24 | $989.0K | $11.8M | ||
| Q1 24 | $54.6M | $-52.0M |
| Q4 25 | $31.1M | $14.5M | ||
| Q3 25 | $60.5M | $20.1M | ||
| Q2 25 | $52.3M | $17.3M | ||
| Q1 25 | $18.7M | $-17.3M | ||
| Q4 24 | $21.8M | $12.4M | ||
| Q3 24 | $50.2M | $15.5M | ||
| Q2 24 | $-3.5M | $3.4M | ||
| Q1 24 | $51.8M | $-61.8M |
| Q4 25 | 9.3% | 6.9% | ||
| Q3 25 | 14.8% | 10.4% | ||
| Q2 25 | 13.1% | 9.3% | ||
| Q1 25 | 5.2% | -10.9% | ||
| Q4 24 | 7.0% | 7.5% | ||
| Q3 24 | 14.3% | 10.5% | ||
| Q2 24 | -1.1% | 2.3% | ||
| Q1 24 | 15.0% | -46.8% |
| Q4 25 | 1.6% | 5.6% | ||
| Q3 25 | 1.1% | 7.7% | ||
| Q2 25 | 1.2% | 5.6% | ||
| Q1 25 | 2.5% | 5.9% | ||
| Q4 24 | 1.5% | 4.2% | ||
| Q3 24 | 1.5% | 6.0% | ||
| Q2 24 | 1.3% | 5.7% | ||
| Q1 24 | 0.8% | 7.4% |
| Q4 25 | 1.19× | 4.70× | ||
| 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% |
IRTC
| Commercial Payors | $111.7M | 53% |
| Centers For Medicare And Medicaid | $49.2M | 24% |
| Healthcare Institutions | $34.3M | 16% |
| Non Contracted Third Party Payors | $13.7M | 7% |
