BH
Biglari Holdings Inc.
NYSE · Consumer Cyclical · Restaurants · US
$383.75
−0.46%Income statement
| Metric | TTM | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
| Revenue | |||||
| Total Revenue | 405.6M | 395.3M | 362.1M | 365.3M | 368.2M |
| Cost of Revenue | 268.3M | 286.6M | 223.5M | 248.9M | 215.4M |
| Gross Profit | 137.4M | 108.6M | 138.6M | 116.4M | 152.8M |
| Operating Expenses | |||||
| R&D Expense | — | — | — | — | — |
| SG&A Expense | 93.6M | 90.5M | 75.7M | 77.0M | 70.6M |
| General & Admin Expense | 41.3M | — | 63.1M | 64.4M | 56.7M |
| Selling & Marketing Expense | 5.4M | — | 12.6M | 12.6M | 13.9M |
| Other Expenses | 5.1M | — | 39.8M | — | — |
| Total Operating Expenses | 98.7M | 90.5M | 115.5M | 77.0M | 70.6M |
| Cost and Expenses | 367.0M | 377.1M | 339.0M | 325.9M | 286.1M |
| Operating Income (EBIT) | 38.6M | 18.1M | 23.1M | 39.4M | 82.2M |
| Non-Operating | |||||
| Interest Income | — | — | — | — | — |
| Interest Expense | 15.0M | 5.4M | 6.1M | 5.8M | 5.9M |
| Net Interest Income | (15.0M) | (5.4M) | (6.1M) | (5.8M) | (5.9M) |
| Other Non-Op Income/Expense | (73.0M) | (65.8M) | (31.3M) | 25.5M | (125.2M) |
| Non-Operating Income (excl Interest) | 58.0M | 60.4M | 25.1M | (31.3M) | 36.4M |
| EBT (Pre-Tax Income) | (34.4M) | (47.7M) | (8.2M) | 64.8M | (43.0M) |
| Income Tax Expense | (4.6M) | (10.2M) | (4.4M) | 9.3M | (10.7M) |
| Bottom Line | |||||
| Net Income | (29.7M) | (37.5M) | (3.8M) | 54.9M | (32.0M) |
| Earnings from Cont. Ops | (29.7M) | (37.5M) | (3.8M) | 55.5M | (32.3M) |
| Earnings from Discont. Ops | — | — | — | — | — |
| Bottom Line Net Income | (29.7M) | (37.5M) | (3.8M) | 54.9M | (32.0M) |
| Per Share | |||||
| Basic EPS | ($9.69) | ($12.08) | ($2.69) | $38.55 | ($21.49) |
| Diluted EPS | ($9.69) | ($12.08) | ($2.69) | $38.55 | ($21.49) |
| Revenue Per Share | $129.22 | $127.38 | $258.74 | $256.28 | $247.11 |
| Shares | |||||
| Basic Shares Outstanding | 3.1M | 3.1M | 1.4M | 1.4M | 1.5M |
| Diluted Shares Outstanding | 3.1M | 3.1M | 1.4M | 1.4M | 1.5M |
| Profitability Metrics | |||||
| EBITDA | 21.7M | (1.5M) | 37.8M | 109.6M | 82.2M |
| D&A | 41.1M | 40.8M | 39.8M | 39.0M | 36.4M |
| EBIT | (19.3M) | (42.3M) | (2.0M) | 70.6M | 45.7M |
As reported, in the filing currency · TTM sums the four latest quarters; MRQ is the latest quarter · Negatives in parentheses; a dash is a line the filing does not carry · Data as of Jun 1, 2026