| (Values in U.S. Thousands) | Mar, 2026 | Dec, 2025 | Sep, 2025 | Jun, 2025 | Mar, 2025 |
| Sales | 97,480 | 99,870 | 99,740 | 100,620 | 95,040 |
| Sales Growth | -2.39% | +0.13% | -0.87% | +5.87% | +4.30% |
| Net Income | -14,530 | -49,850 | -5,290 | 50,930 | -33,280 |
| Net Income Growth | +70.85% | -842.34% | -110.39% | +253.03% | -224.05% |
Biglari Holdings Inc (BH)
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Biglari Holdings Inc., formerly known as The Steak n Shake Company, is engaged primarily in the ownership, operation, and franchising of restaurants in the United States. Steak n Shake Operations, Inc. (Steak n Shake) is a wholly-owned subsidiary of the Company. Steak n Shake is an American brand serving burgers and milk shakes. It offers its patrons full-service dining with counter and dining room seating, as well as drive-thru and carry-out service. Biglari Holdings is based in San Antonio, Texas.
Fiscal Year End Date: 12/31