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Side-by-side financial comparison of Blue Bird Corp (BLBD) and EXPRO GROUP HOLDINGS N.V. (XPRO). Click either name above to swap in a different company.

EXPRO GROUP HOLDINGS N.V. is the larger business by last-quarter revenue ($382.1M vs $333.1M, roughly 1.1× Blue Bird Corp). Blue Bird Corp runs the higher net margin — 9.2% vs 1.5%, a 7.7% gap on every dollar of revenue. On growth, Blue Bird Corp posted the faster year-over-year revenue change (6.1% vs -12.5%). Blue Bird Corp produced more free cash flow last quarter ($31.1M vs $23.2M). Over the past eight quarters, EXPRO GROUP HOLDINGS N.V.'s revenue compounded faster (-0.2% 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.

Expro is an energy services provider headquartered in Houston, Texas, United States.

BLBD vs XPRO — Head-to-Head

Bigger by revenue
XPRO
XPRO
1.1× larger
XPRO
$382.1M
$333.1M
BLBD
Growing faster (revenue YoY)
BLBD
BLBD
+18.6% gap
BLBD
6.1%
-12.5%
XPRO
Higher net margin
BLBD
BLBD
7.7% more per $
BLBD
9.2%
1.5%
XPRO
More free cash flow
BLBD
BLBD
$7.9M more FCF
BLBD
$31.1M
$23.2M
XPRO
Faster 2-yr revenue CAGR
XPRO
XPRO
Annualised
XPRO
-0.2%
-1.9%
BLBD

Income Statement — Q1 FY2026 vs Q4 FY2025

Metric
BLBD
BLBD
XPRO
XPRO
Revenue
$333.1M
$382.1M
Net Profit
$30.8M
$5.8M
Gross Margin
21.4%
Operating Margin
11.3%
3.1%
Net Margin
9.2%
1.5%
Revenue YoY
6.1%
-12.5%
Net Profit YoY
7.1%
-74.9%
EPS (diluted)
$0.94
$0.05

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
XPRO
XPRO
Q4 25
$333.1M
$382.1M
Q3 25
$409.4M
$411.4M
Q2 25
$398.0M
$422.7M
Q1 25
$358.9M
$390.9M
Q4 24
$313.9M
$436.8M
Q3 24
$350.2M
$422.8M
Q2 24
$333.4M
$469.6M
Q1 24
$345.9M
$383.5M
Net Profit
BLBD
BLBD
XPRO
XPRO
Q4 25
$30.8M
$5.8M
Q3 25
$36.5M
$14.0M
Q2 25
$36.5M
$18.0M
Q1 25
$26.0M
$13.9M
Q4 24
$28.7M
$23.0M
Q3 24
$24.7M
$16.3M
Q2 24
$28.7M
$15.3M
Q1 24
$26.0M
$-2.7M
Gross Margin
BLBD
BLBD
XPRO
XPRO
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%
Operating Margin
BLBD
BLBD
XPRO
XPRO
Q4 25
11.3%
3.1%
Q3 25
12.3%
6.4%
Q2 25
12.6%
7.7%
Q1 25
9.4%
2.6%
Q4 24
10.5%
7.3%
Q3 24
7.3%
6.2%
Q2 24
11.9%
5.9%
Q1 24
10.4%
2.2%
Net Margin
BLBD
BLBD
XPRO
XPRO
Q4 25
9.2%
1.5%
Q3 25
8.9%
3.4%
Q2 25
9.2%
4.3%
Q1 25
7.3%
3.6%
Q4 24
9.2%
5.3%
Q3 24
7.0%
3.8%
Q2 24
8.6%
3.3%
Q1 24
7.5%
-0.7%
EPS (diluted)
BLBD
BLBD
XPRO
XPRO
Q4 25
$0.94
$0.05
Q3 25
$1.11
$0.12
Q2 25
$1.12
$0.16
Q1 25
$0.79
$0.12
Q4 24
$0.86
$0.20
Q3 24
$0.71
$0.14
Q2 24
$0.85
$0.13
Q1 24
$0.79
$-0.02

Balance Sheet & Financial Strength

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

Metric
BLBD
BLBD
XPRO
XPRO
Cash + ST InvestmentsLiquidity on hand
$241.7M
$196.1M
Total DebtLower is stronger
$79.1M
Stockholders' EquityBook value
$271.4M
$1.5B
Total Assets
$642.3M
$2.3B
Debt / EquityLower = less leverage
0.05×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
BLBD
BLBD
XPRO
XPRO
Q4 25
$241.7M
$196.1M
Q3 25
$229.3M
$197.9M
Q2 25
$173.1M
$206.8M
Q1 25
$130.7M
$179.3M
Q4 24
$136.1M
$183.0M
Q3 24
$127.7M
$165.7M
Q2 24
$88.4M
$133.5M
Q1 24
$93.1M
$163.2M
Total Debt
BLBD
BLBD
XPRO
XPRO
Q4 25
$79.1M
Q3 25
$99.1M
Q2 25
$121.1M
Q1 25
$121.1M
Q4 24
$121.1M
Q3 24
$121.1M
Q2 24
$121.1M
Q1 24
$40.0M
Stockholders' Equity
BLBD
BLBD
XPRO
XPRO
Q4 25
$271.4M
$1.5B
Q3 25
$255.4M
$1.5B
Q2 25
$221.8M
$1.5B
Q1 25
$190.4M
$1.5B
Q4 24
$179.7M
$1.5B
Q3 24
$159.6M
$1.5B
Q2 24
$137.3M
$1.5B
Q1 24
$105.8M
$1.3B
Total Assets
BLBD
BLBD
XPRO
XPRO
Q4 25
$642.3M
$2.3B
Q3 25
$625.3M
$2.3B
Q2 25
$575.5M
$2.3B
Q1 25
$543.7M
$2.3B
Q4 24
$535.2M
$2.3B
Q3 24
$524.9M
$2.3B
Q2 24
$468.1M
$2.3B
Q1 24
$456.5M
$2.0B
Debt / Equity
BLBD
BLBD
XPRO
XPRO
Q4 25
0.05×
Q3 25
0.07×
Q2 25
0.08×
Q1 25
0.08×
Q4 24
0.08×
Q3 24
0.08×
Q2 24
0.08×
Q1 24
0.03×

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
XPRO
XPRO
Operating Cash FlowLast quarter
$36.6M
$57.1M
Free Cash FlowOCF − Capex
$31.1M
$23.2M
FCF MarginFCF / Revenue
9.3%
6.1%
Capex IntensityCapex / Revenue
1.6%
8.9%
Cash ConversionOCF / Net Profit
1.19×
9.89×
TTM Free Cash FlowTrailing 4 quarters
$162.6M
$97.8M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
BLBD
BLBD
XPRO
XPRO
Q4 25
$36.6M
$57.1M
Q3 25
$65.1M
$63.2M
Q2 25
$56.9M
$48.4M
Q1 25
$27.8M
$41.5M
Q4 24
$26.4M
$97.4M
Q3 24
$55.4M
$55.3M
Q2 24
$989.0K
$-13.2M
Q1 24
$54.6M
$29.9M
Free Cash Flow
BLBD
BLBD
XPRO
XPRO
Q4 25
$31.1M
$23.2M
Q3 25
$60.5M
$39.0M
Q2 25
$52.3M
$27.2M
Q1 25
$18.7M
$8.4M
Q4 24
$21.8M
$53.0M
Q3 24
$50.2M
$23.3M
Q2 24
$-3.5M
$-49.5M
Q1 24
$51.8M
$-801.0K
FCF Margin
BLBD
BLBD
XPRO
XPRO
Q4 25
9.3%
6.1%
Q3 25
14.8%
9.5%
Q2 25
13.1%
6.4%
Q1 25
5.2%
2.1%
Q4 24
7.0%
12.1%
Q3 24
14.3%
5.5%
Q2 24
-1.1%
-10.5%
Q1 24
15.0%
-0.2%
Capex Intensity
BLBD
BLBD
XPRO
XPRO
Q4 25
1.6%
8.9%
Q3 25
1.1%
5.9%
Q2 25
1.2%
5.0%
Q1 25
2.5%
8.5%
Q4 24
1.5%
10.2%
Q3 24
1.5%
7.6%
Q2 24
1.3%
7.7%
Q1 24
0.8%
8.0%
Cash Conversion
BLBD
BLBD
XPRO
XPRO
Q4 25
1.19×
9.89×
Q3 25
1.78×
4.52×
Q2 25
1.56×
2.69×
Q1 25
1.07×
2.98×
Q4 24
0.92×
4.23×
Q3 24
2.24×
3.40×
Q2 24
0.03×
-0.86×
Q1 24
2.10×

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%

XPRO
XPRO

NLA$130.3M34%
ESSA$116.3M30%
MENA$93.0M24%
Other$42.5M11%

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