BH Q3 2025 Earnings — Biglari Holdings Inc. Revenue & Financial Results | Market Cap Arena

BHBiglari Holdings Inc.

$997M

Q3 2025 Earnings

Consumer Cyclical Restaurants

Income Statement

Revenue

$100M+10.3% YoY

Gross Profit

$39M39.2% margin

Operating Income

$19M18.7% margin

Net Income

-$5M-5.3% margin

EPS (Diluted)

$-1.71

QoQ Revenue Growth

-0.9%

Cash Flow

Operating Cash Flow

$31M

Free Cash Flow

$22M

Stock-Based Comp.

$0

Balance Sheet

Total Assets

$1.1B

Total Liabilities

$499M

Stockholders' Equity

$580M

Cash & Equivalents

$272M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$100M	$90M	+10.3%
Gross Profit	$39M	$35M	+11.8%
Operating Income	$19M	$15M	+20.8%
Net Income	-$5M	$32M	-116.5%