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Biglari (NYSE: BH) stock: the official figures

Biglari (BIGLARI HOLDINGS INC.) is listed on the New York Stock Exchange under the ticker BH and belongs to the consumer discretionary sector. In fiscal 2025 it reported revenue of $395.3m and a net loss of $37.5m, according to the annual accounts it filed with the regulator.

Identifiers for Biglari: SEC CIK 1726173.

Fiscal 2025 figures

Consolidated annual accounts of Biglari, in millions of US dollars
Item20252024Change
Revenue$395.3m$362.1m+9.2%
Operating profit−$39.5m−$7.4m—
Net profit−$37.5m−$3.8m—
Operating margin−10.0%−2.0%−7.9 pts
Net margin−9.5%−1.0%−8.4 pts
Total assets$1,025m$866.1m+18.4%
Equity$523.4m$573.0m−8.6%
Cash$268.8m$30.7m+775.3%
Operating cash flow$107.0m$49.7m+115.4%

Margins are calculated from the filed figures: operating profit and net profit over revenue.

7 fiscal years

Revenue, in millions of US dollars668.82019433.72020366.12021368.22022365.32023362.12024395.32025Net profit, in millions of US dollars45.42019-38.0202035.52021-32.0202254.92023-3.82024-37.52025
Fiscal yearRevenueOperating profitNet profitDocument
2025$395.3m−$39.5m−$37.5mAnnual report
2024$362.1m−$7.4m−$3.8mAnnual report
2023$365.3m$65.5m$54.9mAnnual report
2022$368.2m−$42.6m−$32.0mAnnual report
2021$366.1m$43.4m$35.5mAnnual report
2020$433.7m−$40.9m−$38.0mAnnual report
2019$668.8m$67.6m$45.4mAnnual report

The full income statement, balance sheet and cash flow statement are in the annual accounts of Biglari. Purchases and sales by its executives and directors are in insider transactions.

Frequently asked questions about Biglari

How much did Biglari earn in fiscal 2025?
Biglari reported a net loss of $37.5m for fiscal 2025, on revenue of $395.3m. The year before it reported a net loss of $3.8m.
Where is Biglari listed?
Biglari is listed on the New York Stock Exchange under the ticker BH and belongs to the consumer discretionary sector.
Where do the figures for Biglari come from?
From the annual report (Form 10-K) that Biglari files with the SEC, the US securities regulator. Each fiscal year links to its filing.

Where each figure comes from

The annual accounts come from the annual report (Form 10-K) that Biglari files with the SEC, the US securities regulator. Each fiscal year in the table links to its filing. Celsmar reads the tagged figures from the document and does not adjust them: if an item is not in the filing, it is not shown. More detail in data sources and, if you spot an error, in corrections. What Celsmar is and what it costs, in its fact sheet.

Information prepared from the accounts the company files with the regulator, for information purposes only. It is not financial advice or a recommendation to buy or sell. Updated on 12 November 2026.