10-Q quarterly report · filed May 8, 2026

Biglari Holdings Inc. (BH) Q1 2026 10-Q Quarterly Report

Short answer

Biglari Holdings Inc. (BH) filed its Q1 2026 10-Q quarterly report on May 8, 2026 for the quarter ended Mar 31, 2026. Quarterly revenue was $97M (up 2.6% year over year) with net income of −$15M.

Q1 2026 key financials · XBRL

Revenue
$97M
+2.6% YoY
Net income
−$15M
+56.3% YoY

Source: XBRL data from the Biglari Holdings Inc. (BH) Q1 2026 10-Q on SEC EDGAR. USD.

Biglari Holdings Inc. Q1 2026 10-Q analysis

AI summary of MD&A and risk factor updates

Management Discussion & Analysis

  • Net earnings loss $14,531 vs loss $33,275 YoY
  • Insurance contribution $2,885 vs $1,201, best-performing segment
  • Oil and gas contribution $907 vs $8,298; revenue $9,136 vs $9,930
  • Operating cash flow $20,332 vs $15,795; cash and investments $1,099,318 vs $1,110,417
  • Commodity-price volatility expected; no updated guidance disclosed

Risk Factors

  • No risk-factors section provided in the supplied filing text
  • No newly added risk factor or stated change from the prior 10-K
  • Affiliated-purchaser activity: The Lion Fund purchased 9,717 Class B shares at $306.51
  • Securities-compliance exposure: purchases conducted under Rule 10b-18(a)(3)
  • No defaults upon senior securities reported; no related debt-maturity risk disclosed

Generated from the filing text; verify against the original. 10-K vs 10-Q vs 8-K

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