Biglari Holdings Inc.
Financial highlights
| Metric | FY December 31, 2025 | FY December 31, 2024 | FY December 31, 2023 | FY December 31, 2022 | FY December 31, 2021 |
|---|---|---|---|---|---|
| Revenue | $395.3M | $362.1M | $365.3M | $368.2M | $366.1M |
| Cost of revenue | $161.3M | $143.4M | $138.0M | $140.3M | $167.5M |
| Cash from operations | $107.0M | $49.7M | $73.0M | $127.8M | $228.8M |
| Capital expenditure | $30.4M | $30.6M | $23.4M | $29.7M | $64.5M |
| Free cash flow | $76.6M | $19.1M | $49.6M | $98.1M | $164.2M |
| Impairments | $1.3M | $1.1M | $3.9M | $3.5M | $4.6M |
| Total assets | $1.0B | $866.1M | $849.4M | $828.5M | $894.8M |
| Total liabilities | $502.0M | $293.2M | $250.1M | $272.9M | $307.1M |
Shares outstanding 2.3M · Free float 24.9%
Annual filing data through FY ended December 31, 2025; float as of June 27, 2026.