Business
Biglari Holdings is a holding company with restaurants, property and casualty insurance and reinsurance, licensing and media, oil and gas, and investment partnerships.
Biglari's revenue and free cash flow rose, but the net loss widened and debt increased sharply.
The read at a glance✓ Audited against SEC data
- Business mix — Restaurants, insurance, media, oil and gas, investmentsNote
- Revenue — $395.3M, up 9.2%OK
- Losses — Net loss widened to $37.5MWatch
- Cash — Free cash flow up 301.8%OK
- Debt — Debt rose to $213.9MWatch
- Insiders — 15 purchases / 0 salesOK
- Accounting — Beneish-M clean; earnings-quality safeOK
Where the revenue comes from
Fiscal 2025, as Biglari Holdings Inc. reports it. History and quarterly detail are in the app.
- Restaurant$280.9M
- Insurance$76.5M
- Oil and Gas$30.2M
- Maxim$7.7M
Latest filings
- 10-Q · Quarterly report2026-08-07
- 8-K · Company announcement2026-08-07
- 10-Q · Quarterly report2026-05-08
- 8-K · Company announcement2026-05-08
- 8-K · Company announcement2026-04-10
In the full recordFree for 14 days
- What changed🔒
- Insider signal🔒
- Growth quality🔒
- Margins & accounting🔒
- Capital allocation🔒
- Real risks🔒
- The long arc🔒
- Company history🔒
- Main tension🔒
- The filings, readable — with what changed vs the prior year highlighted🔒
- Full financial statements, industry-aware, sources cited throughout🔒
- Forensic score history & components — the trend, not one year🔒
- Ownership: insider buys/sells, clusters, activist stakes🔒
- Ana — ask about Biglari Holdings Inc., every answer cited to the official filings🔒
Every figure comes from the company's filings, and analysis whose figures don't match SEC data is rejected before publication.
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