Q2 FY2026 · ended Jun 30, 2026 · Revenue $108.52M, +7.9% YoY · Filed Aug 7, 2026
Biglari Holdings Inc. (BH-A) files with the SEC under industry code 5812, Retail-Eating Places. In Q2 of fiscal 2026, the quarter ended Jun 30, 2026, it reported revenue of $108.5 million and net income of $39.9 million. Free cash flow was $8.3 million. As of Jun 30, 2026 it held $68.4 million in cash and investments and $261.1 million in total debt.
Revenue
$108.52M
+7.9% vs year-ago quarter
Net income
$39.93M
-21.6% vs year-ago quarter
Operating cash flow
$14.95M
-64.5% vs year-ago quarter
Free cash flow
$8.28M
-79.0% vs year-ago quarter
EPS
—
Dividend per share
None
Shares outstanding
206,864
Net cash
$-192.67M
Q2 FY2026
Operating margin
—
Company profile
- Industry
- Retail-Eating Places (SIC 5812)
- Listed as
- BH-A (NYSE), BH (NYSE)
- Fiscal year ends
- December 31
- Incorporated in
- IN
- Headquarters
- San Antonio, TX
- SEC filer status
- Accelerated filer
- SEC CIK
- 1726173
- Former names
- NBHSA Inc. (until Apr 2, 2018)
Other Retail-Eating Places companies
- Mcdonalds Corp MCD
- Yum Brands Inc YUM
- Chipotle Mexican Grill Inc CMG
- Restaurant Brands International Inc. QSR
- Darden Restaurants Inc DRI
- Yum China Holdings, Inc. YUMC
- Aramark ARMK
- Texas Roadhouse, Inc. TXRH
Key figures
Fiscal-year totals from the annual reports; switch to Annual for the full-year view. Balance sheet lines are as of each year end.
| Line | Q2 FY2026 Jun 30, 2026 |
Q1 FY2026 Mar 31, 2026 |
Q4 FY2025 Dec 31, 2025 |
Q3 FY2025 Sep 30, 2025 |
Q2 FY2025 Jun 30, 2025 |
|---|---|---|---|---|---|
| Revenue | $108.5M | $97.5M | $99.9M | $99.7M | $100.6M |
| Net income | $39.9M | -$14.5M | -$49.9M | -$5.3M | $50.9M |
| Operating cash flow | $14.9M | $20.3M | $17.8M | $31.2M | $42.1M |
| Free cash flow | $8.3M | $13.4M | $6.4M | $22.3M | $39.4M |
| Total assets | $1.1B | $1.0B | $1.0B | $1.1B | $863.6M |
| Total liabilities | $514.8M | $499.1M | $502.0M | $499.2M | $274.3M |
| Stockholders' equity | $543.8M | $519.2M | $523.4M | $580.3M | $589.3M |
| Cash and investments | $68.4M | $200.1M | $268.8M | $272.5M | $32.8M |
| Total debt | $261.1M | $262.1M | $263.2M | $264.1M | $42.7M |
Recent SEC filings
| Form | Description | Filed | Period |
|---|---|---|---|
| 8-K |
Current report
Results of operations
|
Aug 7, 2026 | Aug 7, 2026 |
| 10-Q | Quarterly report | Aug 7, 2026 | Jun 30, 2026 |
| 8-K |
Current report
Results of operations
|
May 8, 2026 | May 8, 2026 |
| 10-Q | Quarterly report | May 8, 2026 | Mar 31, 2026 |
| 8-K |
Current report
Shareholder vote results
|
Apr 10, 2026 | Apr 8, 2026 |
| 10-K/A | Amended annual report | Mar 31, 2026 | Dec 31, 2025 |
All 258 Biglari Holdings Inc. SEC filings
Source: SEC EDGAR filings. This is company-reported data, not investment advice.