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Side-by-side financial comparison of Blue Bird Corp (BLBD) and Tecnoglass Inc. (TGLS). Click either name above to swap in a different company.
Blue Bird Corp is the larger business by last-quarter revenue ($333.1M vs $245.3M, roughly 1.4× Tecnoglass Inc.). Tecnoglass Inc. runs the higher net margin — 10.6% vs 9.2%, a 1.4% gap on every dollar of revenue. On growth, Blue Bird Corp posted the faster year-over-year revenue change (6.1% vs 2.4%). Blue Bird Corp produced more free cash flow last quarter ($31.1M vs $11.4M). Over the past eight quarters, Tecnoglass Inc.'s revenue compounded faster (12.8% 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.
Tecnoglass Inc. is a leading manufacturer of high-performance architectural glass, aluminum windows, doors, and associated building components. It primarily caters to residential and commercial construction sectors across North America and Latin America, offering custom, energy-efficient solutions for new construction and renovation projects.
BLBD vs TGLS — Head-to-Head
Income Statement — Q1 FY2026 vs Q4 FY2025
| Metric | ||
|---|---|---|
| Revenue | $333.1M | $245.3M |
| Net Profit | $30.8M | $26.1M |
| Gross Margin | 21.4% | 40.0% |
| Operating Margin | 11.3% | 18.3% |
| Net Margin | 9.2% | 10.6% |
| Revenue YoY | 6.1% | 2.4% |
| Net Profit YoY | 7.1% | -44.5% |
| EPS (diluted) | $0.94 | $0.57 |
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 | $245.3M | ||
| Q3 25 | $409.4M | $260.5M | ||
| Q2 25 | $398.0M | $255.5M | ||
| Q1 25 | $358.9M | $222.3M | ||
| Q4 24 | $313.9M | $239.6M | ||
| Q3 24 | $350.2M | $238.3M | ||
| Q2 24 | $333.4M | $219.7M | ||
| Q1 24 | $345.9M | $192.6M |
| Q4 25 | $30.8M | $26.1M | ||
| Q3 25 | $36.5M | $47.2M | ||
| Q2 25 | $36.5M | $44.1M | ||
| Q1 25 | $26.0M | $42.2M | ||
| Q4 24 | $28.7M | $47.0M | ||
| Q3 24 | $24.7M | $49.5M | ||
| Q2 24 | $28.7M | $35.0M | ||
| Q1 24 | $26.0M | $29.7M |
| Q4 25 | 21.4% | 40.0% | ||
| Q3 25 | 21.1% | 42.7% | ||
| Q2 25 | 21.6% | 44.7% | ||
| Q1 25 | 19.7% | 43.9% | ||
| Q4 24 | 19.2% | 44.5% | ||
| Q3 24 | 17.0% | 45.8% | ||
| Q2 24 | 20.8% | 40.8% | ||
| Q1 24 | 18.4% | 38.8% |
| Q4 25 | 11.3% | 18.3% | ||
| Q3 25 | 12.3% | 25.1% | ||
| Q2 25 | 12.6% | 24.0% | ||
| Q1 25 | 9.4% | 26.7% | ||
| Q4 24 | 10.5% | 28.0% | ||
| Q3 24 | 7.3% | 28.4% | ||
| Q2 24 | 11.9% | 23.3% | ||
| Q1 24 | 10.4% | 21.3% |
| Q4 25 | 9.2% | 10.6% | ||
| Q3 25 | 8.9% | 18.1% | ||
| Q2 25 | 9.2% | 17.3% | ||
| Q1 25 | 7.3% | 19.0% | ||
| Q4 24 | 9.2% | 19.6% | ||
| Q3 24 | 7.0% | 20.8% | ||
| Q2 24 | 8.6% | 15.9% | ||
| Q1 24 | 7.5% | 15.4% |
| Q4 25 | $0.94 | $0.57 | ||
| Q3 25 | $1.11 | $1.01 | ||
| Q2 25 | $1.12 | $0.94 | ||
| Q1 25 | $0.79 | $0.90 | ||
| Q4 24 | $0.86 | $1.00 | ||
| Q3 24 | $0.71 | $1.05 | ||
| Q2 24 | $0.85 | $0.75 | ||
| Q1 24 | $0.79 | $0.63 |
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 | $104.1M |
| Total DebtLower is stronger | — | $174.4M |
| Stockholders' EquityBook value | $271.4M | $713.1M |
| Total Assets | $642.3M | $1.3B |
| Debt / EquityLower = less leverage | — | 0.24× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $241.7M | $104.1M | ||
| Q3 25 | $229.3M | $127.1M | ||
| Q2 25 | $173.1M | $140.9M | ||
| Q1 25 | $130.7M | $160.2M | ||
| Q4 24 | $136.1M | $137.5M | ||
| Q3 24 | $127.7M | $124.8M | ||
| Q2 24 | $88.4M | $129.5M | ||
| Q1 24 | $93.1M | $138.8M |
| Q4 25 | — | $174.4M | ||
| Q3 25 | — | $114.7M | ||
| Q2 25 | — | $110.6M | ||
| Q1 25 | — | $110.6M | ||
| Q4 24 | — | $111.1M | ||
| Q3 24 | — | $126.8M | ||
| Q2 24 | — | $144.7M | ||
| Q1 24 | — | $160.9M |
| Q4 25 | $271.4M | $713.1M | ||
| Q3 25 | $255.4M | $764.0M | ||
| Q2 25 | $221.8M | $736.0M | ||
| Q1 25 | $190.4M | $685.1M | ||
| Q4 24 | $179.7M | $631.2M | ||
| Q3 24 | $159.6M | $613.3M | ||
| Q2 24 | $137.3M | $574.8M | ||
| Q1 24 | $105.8M | $573.6M |
| Q4 25 | $642.3M | $1.3B | ||
| Q3 25 | $625.3M | $1.2B | ||
| Q2 25 | $575.5M | $1.2B | ||
| Q1 25 | $543.7M | $1.1B | ||
| Q4 24 | $535.2M | $1.0B | ||
| Q3 24 | $524.9M | $996.3M | ||
| Q2 24 | $468.1M | $942.5M | ||
| Q1 24 | $456.5M | $981.6M |
| Q4 25 | — | 0.24× | ||
| Q3 25 | — | 0.15× | ||
| Q2 25 | — | 0.15× | ||
| Q1 25 | — | 0.16× | ||
| Q4 24 | — | 0.18× | ||
| Q3 24 | — | 0.21× | ||
| Q2 24 | — | 0.25× | ||
| Q1 24 | — | 0.28× |
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 | $31.0M |
| Free Cash FlowOCF − Capex | $31.1M | $11.4M |
| FCF MarginFCF / Revenue | 9.3% | 4.7% |
| Capex IntensityCapex / Revenue | 1.6% | 8.0% |
| Cash ConversionOCF / Net Profit | 1.19× | 1.19× |
| TTM Free Cash FlowTrailing 4 quarters | $162.6M | $34.5M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $36.6M | $31.0M | ||
| Q3 25 | $65.1M | $40.0M | ||
| Q2 25 | $56.9M | $17.9M | ||
| Q1 25 | $27.8M | $46.9M | ||
| Q4 24 | $26.4M | $61.1M | ||
| Q3 24 | $55.4M | $41.5M | ||
| Q2 24 | $989.0K | $34.5M | ||
| Q1 24 | $54.6M | $33.4M |
| Q4 25 | $31.1M | $11.4M | ||
| Q3 25 | $60.5M | $21.2M | ||
| Q2 25 | $52.3M | $-14.7M | ||
| Q1 25 | $18.7M | $16.5M | ||
| Q4 24 | $21.8M | $35.4M | ||
| Q3 24 | $50.2M | $17.8M | ||
| Q2 24 | $-3.5M | $14.2M | ||
| Q1 24 | $51.8M | $23.6M |
| Q4 25 | 9.3% | 4.7% | ||
| Q3 25 | 14.8% | 8.2% | ||
| Q2 25 | 13.1% | -5.7% | ||
| Q1 25 | 5.2% | 7.4% | ||
| Q4 24 | 7.0% | 14.8% | ||
| Q3 24 | 14.3% | 7.5% | ||
| Q2 24 | -1.1% | 6.5% | ||
| Q1 24 | 15.0% | 12.2% |
| Q4 25 | 1.6% | 8.0% | ||
| Q3 25 | 1.1% | 7.2% | ||
| Q2 25 | 1.2% | 12.7% | ||
| Q1 25 | 2.5% | 13.7% | ||
| Q4 24 | 1.5% | 10.7% | ||
| Q3 24 | 1.5% | 9.9% | ||
| Q2 24 | 1.3% | 9.2% | ||
| Q1 24 | 0.8% | 5.1% |
| Q4 25 | 1.19× | 1.19× | ||
| Q3 25 | 1.78× | 0.85× | ||
| Q2 25 | 1.56× | 0.41× | ||
| Q1 25 | 1.07× | 1.11× | ||
| Q4 24 | 0.92× | 1.30× | ||
| Q3 24 | 2.24× | 0.84× | ||
| Q2 24 | 0.03× | 0.98× | ||
| Q1 24 | 2.10× | 1.13× |
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% |
TGLS
| Product Sales | $164.2M | 67% |
| Fixed Price Contracts | $81.1M | 33% |
| Related Party | $692.0K | 0% |