BH Q4 2025 Earnings — Biglari Holdings Inc. Revenue & Financial Results | Market Cap Arena

BHBiglari Holdings Inc.

$997M

Q4 2025 Earnings

Consumer Cyclical Restaurants

Income Statement

Revenue

$100M+9.6% YoY

Gross Profit

$26M25.8% margin

Operating Income

$4M3.7% margin

Net Income

-$50M-49.9% margin

EPS (Diluted)

$-16.07

QoQ Revenue Growth

+0.1%

Cash Flow

Operating Cash Flow

$18M

Free Cash Flow

$6M

Stock-Based Comp.

$0

Balance Sheet

Total Assets

$1.0B

Total Liabilities

$526M

Stockholders' Equity

$523M

Cash & Equivalents

$269M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$100M	$91M	+9.6%
Gross Profit	$26M	$35M	-26.4%
Operating Income	$4M	$6M	-34.7%
Net Income	-$50M	-$10M	-385.3%