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BH · NYSE · Restaurants

Biglari (BH)

Owns Steak n Shake, insurers, oil and gas assets, Maxim, and investment partnerships.

$343.29

vs last close−3.01 (−0.87%)

In millions of USD, except per-share figures

In millions	Q3 FY23Sep 2023	Q4 FY23Dec 2023	Q1 FY24Mar 2024	Q2 FY24Jun 2024	Q3 FY24Sep 2024	Q4 FY24Dec 2024	Q1 FY25Mar 2025	Q2 FY25Jun 2025	Q3 FY25Sep 2025	Q4 FY25Dec 2025	Q1 FY26Mar 2026	Q2 FY26Jun 2026
Revenue	91	91	89	91	90	91	95	101	100	100	97	109
Cost of revenue	54	61	65	67	55	56	61	72	61	74	70	64
Gross profit	37	29	25	25	35	35	35	29	39	26	28	45
	18	22	18	19	20	29	32	23	20	22	25	32
	0	22	18	19	20	19	21	23	20	22	25	26
Selling & marketing	0	13	3	3	3	13	3	5	5	0	0	0
General & administrative	0	10	15	16	16	7	18	18	15	0	0	26
Other expenses	18	0	0	0	0	10	10	1	0	0	0	5
Operating income	19	7	7	6	15	6	3	6	19	4	3	13
	−93	44	23	−69	28	−24	−44	59	−22	−68	−22	38
Interest expense	2	1	1	1	2	2	2	2	2	0	7	7
Other non-operating income	10	−45	−24	67	11	22	42	−62	20	68	15	−45
Income before tax	−74	51	29	−63	43	−18	−41	65	−3	−64	−19	52
Income tax expense	−18	6	7	−15	11	−8	−8	14	2	−14	−4	12
Net income from continuing operations	−57	45	23	−48	32	−10	−33	51	−5	−50	−15	40
Net income	−57	45	23	−48	32	−10	−33	51	−5	−50	−15	40
EPS, basic	−$39.11	$31.17	$15.91	−$34.38	$22.95	−$7.34	−$14.62	$16.41	−$1.71	−$16.07	−$4.63	$12.72
EPS, diluted	−$39.11	$31.17	$15.91	−$34.38	$22.95	−$7.34	−$14.62	$16.41	−$1.71	−$16.07	−$4.63	$12.72
Weighted average shares, basic	1	1	1	1	1	1	2	3	3	3	3	3
Weighted average shares, diluted	1	1	1	1	1	1	2	3	3	3	3	3
EBITDA	19	61	41	−52	15	−6	−29	77	8	−54	−1	69
Depreciation & amortization	10	9	10	9	11	10	10	10	10	11	11	10
EBIT	9	52	31	−62	5	−16	−39	67	−2	−64	−12	59