Biglari Holdings INC. (BH) — SEC Filings

Q: What are the key financial highlights for Biglari Holdings INC.?

Key financial highlights for Biglari Holdings INC. are extracted from the most recent 10-K or 10-Q filings, including revenue, net income, EPS, debt-to-equity, cash position, and operating margin.

Q: Who are the key executives at Biglari Holdings INC.?

Key executives at Biglari Holdings INC. are identified from SEC filings including 10-K annual reports, proxy statements, and insider trade forms.

Q: What are the main risk factors for Biglari Holdings INC. stock?

Risk factors for Biglari Holdings INC. (BH) are assessed from SEC filings using AI analysis. Each filing is categorized as high, medium, or low risk based on disclosed risk factors and financial indicators.

Q: What are recent predictions and forward guidance from Biglari Holdings INC.?

Forward-looking statements and predictions from Biglari Holdings INC. are extracted from SEC filings including earnings reports, annual reports, and current event filings.

Latest SEC filings for Biglari Holdings INC.. Recent 8-K filing on Nov 21, 2025. AI-decoded analysis of earnings, risk factors, and insider trades.

View Biglari Holdings INC. on SEC EDGAR

Overview

Biglari Holdings INC. (BH) is a publicly traded company tracked on ReadTheFiling. The most recent enriched filing is a 8-K filed on Nov 21, 2025: Biglari Holdings Inc. filed an 8-K on November 21, 2025, reporting information as of the same date. The filing indicates the company's incorporation in Indiana and provides its business and mailing addresses in San Antonio, Texas. It also lists its IRS Employer Identification Number and former compa

Sentiment Summary

Across 20 filings, the sentiment breakdown is: 2 bearish, 18 neutral. The dominant filing sentiment for Biglari Holdings INC. is neutral.

Filing Type Overview

Biglari Holdings INC. (BH) has filed 5 8-K, 6 10-Q, 2 10-K/A, 2 DEF 14A, 2 10-K, 2 SC 13D/A, 1 SC 13G/A with the SEC between Feb 2024 to Nov 2025.

Filings by Year

2025 · 2024

Recent Filings (20)

Biglari Holdings Files 8-K With Corporate Updates — 8-K · Nov 21, 2025 Risk: low
Biglari Holdings Inc. filed an 8-K on November 21, 2025, reporting information as of the same date. The filing indicates the company's incorporation in Indiana
Biglari Swings to Q3 Loss on Investment Partnership Hit, Revenue Up — 10-Q · Nov 7, 2025 Risk: high
Biglari Holdings Inc. reported a net loss of $5.291 million for the third quarter of 2025, a significant decline from a net income of $32.125 million in the thi
Biglari Holdings Inc. Enters Material Definitive Agreement — 8-K · Oct 6, 2025 Risk: medium
On October 6, 2025, Biglari Holdings Inc. entered into a material definitive agreement, creating a direct financial obligation. The filing does not specify the
Biglari Holdings Inc. Files 8-K on Sept 30, 2025 Events — 8-K · Oct 1, 2025 Risk: low
Biglari Holdings Inc. filed an 8-K on October 1, 2025, reporting events as of September 30, 2025. The filing is a Regulation FD Disclosure and includes informat
Biglari Holdings' Revenue Dips Amid Restaurant Slowdown — 10-Q · Aug 8, 2025 Risk: high
Biglari Holdings Inc. reported a significant decline in revenue and net income for the six months ended June 30, 2025. Total revenues decreased to $155,000 for
Biglari Holdings Inc. Files Q1 2025 10-Q — 10-Q · May 9, 2025 Risk: medium
Biglari Holdings Inc. filed its 10-Q for the period ending March 31, 2025. The filing details financial performance and operational updates for the first quarte
Biglari Holdings Inc. Reports on Shareholder Votes — 8-K · Apr 17, 2025 Risk: low
Biglari Holdings Inc. filed an 8-K on April 17, 2025, reporting on matters submitted to a vote of its security holders as of April 16, 2025. The filing indicate
Biglari Holdings Files 2024 10-K Amendment — 10-K/A · Mar 31, 2025 Risk: low
Biglari Holdings Inc. filed an amendment (10-K/A) to its annual report for the fiscal year ended December 31, 2024. The company, incorporated in Indiana with it
Biglari Holdings Files 2025 Proxy Statement — DEF 14A · Mar 21, 2025 Risk: low
Biglari Holdings Inc. filed its definitive proxy statement on March 21, 2025, for its annual meeting on April 16, 2025. The filing covers the company's fiscal y
10-K Filing — 10-K · Mar 3, 2025
Biglari Capital Amends 13D Filing for Biglari Holdings — SC 13D/A · Nov 15, 2024 Risk: medium
Biglari Capital Corp. filed an amendment (No. 48) to its Schedule 13D on November 15, 2024, regarding its holdings in Biglari Holdings Inc. The filing indicates
Biglari Holdings Inc. Files Q3 2024 10-Q — 10-Q · Nov 8, 2024 Risk: medium
Biglari Holdings Inc. filed its 10-Q for the period ending September 30, 2024. The filing covers the company's financial performance and operations for the thir
Biglari Holdings Inc. Files Q2 2024 10-Q — 10-Q · Aug 9, 2024 Risk: medium
Biglari Holdings Inc. filed its 10-Q for the period ending June 30, 2024. The filing details financial performance and operational updates for the second quarte
Biglari Holdings Inc. Files 10-Q for Period Ending March 31, 2024 — 10-Q · May 10, 2024 Risk: low
Biglari Holdings Inc. (BH) filed a Quarterly Report (10-Q) with the SEC on May 10, 2024. Biglari Holdings Inc. filed its 10-Q report for the quarterly period en
Biglari Holdings Inc. Files 8-K on Shareholder Votes — 8-K · Apr 18, 2024 Risk: low
Biglari Holdings Inc. filed an 8-K on April 18, 2024, reporting on matters submitted to a vote of security holders as of April 17, 2024. The filing details the
Biglari Holdings Inc. Files Amendment No. 1 to 2023 10-K Report — 10-K/A · Mar 29, 2024 Risk: low
Biglari Holdings Inc. (BH) filed a Amended Annual Report (10-K/A) with the SEC on March 29, 2024. Biglari Holdings Inc. filed an amendment (10-K/A) to its annua
Biglari Capital Corp. Amends 13D Filing for Biglari Holdings Inc. — SC 13D/A · Mar 28, 2024 Risk: medium
Biglari Capital Corp. filed an amendment (No. 47) to its Schedule 13D on March 28, 2024, regarding its holdings in Biglari Holdings Inc. The filing indicates a
Biglari Holdings Inc. Announces 2024 Annual Meeting of Shareholders — DEF 14A · Mar 19, 2024 Risk: low
Biglari Holdings Inc. (BH) filed a Proxy Statement (DEF 14A) with the SEC on March 19, 2024. The Annual Meeting of Shareholders for Biglari Holdings Inc. is sch
Biglari Holdings Inc. Files 2023 Annual Report on Form 10-K — 10-K · Feb 26, 2024 Risk:
Biglari Holdings Inc. (BH) filed a Annual Report (10-K) with the SEC on February 26, 2024. Biglari Holdings Inc. filed its 10-K report for the fiscal year ended
SC 13G/A Filing — SC 13G/A · Feb 14, 2024

Risk Profile

Risk Assessment: Of BH's 17 recent filings, 2 were flagged as high-risk, 6 as medium-risk, and 9 as low-risk. The overall risk profile suggests relatively low risk with generally favorable filings.

Financial Highlights

Key financial metrics from Biglari Holdings INC.'s most recent 10-Q filing (Nov 7, 2025):

Revenue: $99,738,000
Net Income: ($5,291,000)
EPS: N/A
Debt-to-Equity: 0.86
Cash Position: $272,485,000
Operating Margin: N/A
Total Assets: $1,079,498,000
Total Debt: $235,830,000

Key Executives

Sardar Biglari

Industry Context

Biglari Holdings operates in diverse sectors including restaurants, insurance, and oil & gas. The restaurant segment, particularly with Steak n Shake, faces intense competition and evolving consumer preferences. The insurance segment operates in a regulated environment with exposure to claims and underwriting risks. The oil and gas segment is subject to commodity price volatility.

Top Tags

Biglari Holdings (5) · 10-Q (4) · financials (3) · corporate-filing (2) · Restaurant Industry (2) · SEC Filing (2) · quarterly-report (2) · shareholder-vote (2) · corporate-governance (2) · amendment (2)

Key Numbers

Net loss for Q3 2025: $5.291M — Compared to $32.125M net income in Q3 2024
Net earnings for first nine months 2025: $12.365M — Increased from $6.514M in first nine months 2024
Total revenues for Q3 2025: $99.738M — Up from $90.407M in Q3 2024
Restaurant operations revenue for Q3 2025: $71.741M — Increased 15% from $62.384M in Q3 2024
Investment partnership gains (losses) for Q3 2025: ($15.897M) — Significant swing from $35.314M gain in Q3 2024
Cash and cash equivalents as of Sep 30, 2025: $272.485M — Substantially up from $30.709M at Dec 31, 2024
Proceeds from note payable, net for first nine months 2025: $223.000M — Contributed to increased cash and financing activities
Note payable and lines of credit as of Sep 30, 2025: $214.914M — Increased from $10.000M at Dec 31, 2024
Sardar Biglari's voting interest: 74.3% — As of September 30, 2025
Q2 2025 Total Revenues: $155,000 — Decreased from $165,000 in Q2 2024, a 6.06% decline.
Six Months 2025 Total Revenues: $310,000 — Decreased from $330,000 in the prior year period.
Revenue from Insurance Operations: 0 — No revenue generated for Q2 or six months ended June 30, 2025 and 2024.
Revenue from Oil and Gas: 0 — No revenue generated for Q2 or six months ended June 30, 2025 and 2024.
Revenue from Media and Licensing: 0 — No revenue generated for Q2 or six months ended June 30, 2025 and 2024.
Q2 Revenue Decline: 6.06% — Percentage decrease in total revenues from Q2 2024 to Q2 2025.

Related Companies

BH.A

Frequently Asked Questions

What are the latest SEC filings for Biglari Holdings INC. (BH)?

Biglari Holdings INC. has 20 recent SEC filings from Feb 2024 to Nov 2025, including 6 10-Q, 5 8-K, 2 10-K/A. Each filing includes an AI-generated plain-English summary.

What is the overall sentiment of BH filings?

Across 20 filings, the sentiment breakdown is: 2 bearish, 18 neutral. The dominant sentiment is neutral.

Where can I find Biglari Holdings INC. SEC filings explained simply?

ReadTheFiling provides AI-powered plain-English summaries of all Biglari Holdings INC. (BH) SEC filings, including 10-K annual reports, 10-Q quarterly reports, 8-K current reports, and insider trades.

What are the key financial highlights for Biglari Holdings INC.?

Key financial highlights from Biglari Holdings INC.'s most recent 10-Q include metrics such as revenue, net income, EPS, and debt ratios. Visit the filing detail page for the full breakdown.

What is the investment thesis for BH?

The investment thesis for BH includes bull, base, and bear case scenarios derived from AI analysis of recent SEC filings.

Who are the key executives at Biglari Holdings INC.?

Key executives identified across Biglari Holdings INC.'s filings include Sardar Biglari.

What are the main risk factors for Biglari Holdings INC. stock?

Of BH's 17 assessed filings, 2 were flagged high-risk, 6 medium-risk, and 9 low-risk.

What are recent predictions and forward guidance from Biglari Holdings INC.?

Forward guidance and predictions for Biglari Holdings INC. are extracted from SEC filings as they are enriched.