For Q1 FY2026 ended March 31, 2026, Biglari Holdings reported revenue of $97.5 million, up 2.6% year-over-year. Net loss was $14.5 million, a 56.3% improvement from the prior year's loss. Cash stood at $200.1 million, equity at $519.2 million, and long-term debt at $211.7 million.
•Revenue increased 2.6% YoY to $97.5 million.
•Net loss narrowed 56.3% YoY to $14.5 million.
•Cash and equivalents of $200.1 million; long-term debt of $211.7 million.
Informational summary based on SEC XBRL figures · generated by deepseek-v4-flash. Not investment advice.
Biglari Holdings Inc., through its subsidiaries, primarily operates and franchises restaurants in the United States. The company owns, operates, and franchises restaurants under the Steak n Shake and Western Sizzlin names, as well as underwriting commercial truck insurance including selling physical damage and non-trucking liability insurance to truckers; and property and casualty insurance and reinsurance.
Additionally, it operates oil and natural gas properties offshore in Louisiana state waters and in the Permian Basin publishes, licenses, and sells magazines under the MAXIM brand names.
It also involved investment activities. Founded in 1934 and based in San Antonio, Texas, Biglari was formerly known as The Steak n Shake Company before rebranding in April 2010.
Biglari Holdings Inc., through its subsidiaries, primarily operates and franchises restaurants in the United States. The company owns, operates, and franchises restaurants under the Steak n Shake and Western Sizzlin names. Additionally, it underwrites commercial truck insurance, including selling physical damage and non-trucking liability insurance to truckers, as well as property and casualty insurance and reinsurance. Biglari also operates oil and natural gas properties offshore in Louisiana state waters and in the Permian Basin, and publishes, licenses, and sells magazines under the MAXIM brand names. Furthermore, it engages in investment activities.
Where is Biglari Holdings (BH) listed and what currency is used?
Biglari Holdings Inc. is listed on the New York Stock Exchange (NYSE) under the ticker symbol BH. The company's financials are reported in US Dollars (USD), as it is headquartered in the United States. Being listed on the NYSE provides liquidity and exposure to a broad range of investors, and the use of USD aligns with its primary operations in the US market.
What sector and industry does Biglari Holdings (BH) belong to?
Biglari Holdings Inc. is classified under the Consumer Cyclical sector and the Restaurants industry. This means the company's performance is closely tied to the economic cycle, as consumer spending on dining out tends to increase during economic expansions and decrease during downturns. As a restaurant operator and franchisor, Biglari's main revenue drivers are its Steak n Shake and Western Sizzlin chains, which are part of the broader food service industry.
Where is Biglari Holdings (BH) headquartered and what markets does it serve?
Biglari Holdings Inc. is headquartered in San Antonio, Texas, United States. The company primarily serves the US market through its restaurant chains, Steak n Shake and Western Sizzlin, which have locations across the country. Additionally, its insurance operations and oil and gas properties are based in the US, and its magazine publishing under the MAXIM brand has a global reach. The company was founded in 1934 and was formerly known as The Steak n Shake Company before rebranding in April 2010.
How does Biglari Holdings (BH) make money?
Biglari Holdings generates revenue through multiple business segments. Its primary source is the operation and franchising of restaurants under the Steak n Shake and Western Sizzlin brands, which provide income from company-owned store sales and franchise fees. The company also earns underwriting premiums from its commercial truck insurance business, which offers physical damage and non-trucking liability insurance to truckers, as well as property and casualty insurance and reinsurance. Additionally, Biglari derives revenue from oil and natural gas production offshore in Louisiana and in the Permian Basin, and from publishing, licensing, and selling magazines under the MAXIM brand. Finally, it engages in investment activities to generate returns on its capital.