BH-ABiglari Holdings Inc.
Price
+16%1YEnd-of-day closes, not the intraday tick.
A mixed picture: the questions disagree
Quality shaky, nothing alarming, demanding price, growth steady, the market undecided.
Biglari Holdings Inc. is a holding company owning subsidiaries engaged in a number of diverse business activities, including property and casualty insurance and reinsurance, licensing and media, restaurants, and oil and gas. The Company’s largest operating subsidiaries are involved in the franchising and operating of restaurants. Biglari Holdings is founded and led by Sardar Biglari, Chairman and Chief Executive Officer of the Company.
In the company’s own words · 10-K filed Mar 2, 2026 · SEC EDGAR
Charts
As reported to the SEC, without any scoring.
Biglari Holdings Inc. (BH-A) reported revenue of $109M in Q2 2026 (quarter ended Jun 30, 2026), up 7.9% from the same quarter a year earlier. That came with a gross margin of 62% and net income of $40M (37% of revenue). For the full year FY2025, revenue was $395M (+9.2% year on year) and net income −$37M. Its largest product in Q2 2026 was Restaurant Operations at $75M, 69% of the disclosed total, well ahead of Insurance Operations at 18%. The next results filing is expected around Nov 6, 2026, the same week as a year ago.
What the company said
The company's own words from its current reports to the SEC, newest first
- Oct 6, 2025On September 30, 2025, Steak n Shake Inc., a subsidiary of Biglari Holdings, obtained a loan of $225,000,000. Proceeds from the loan were distributed to Biglari Holdings.Material agreement entered · Form 8-K
Quoted from SEC EDGAR filings. A current report is filed within four business days of the event it describes.
Business segments
Q2 2026 · $107.8MThe company’s own SEC segment disclosure.
- Restaurant Operations$74.7M69%
- Insurance Operations$19.0M18%
- Insurance Underwriting$9.2M9%
- Licensing And Media$3.5M3%
- Investment Income1$717.0K1%
- Other$620.0K1%
Why these answers
Each answer with the checks it was read from. Open one for the numbers.
Conflicts between checks are named, never averaged, and thin data says so.