Biglari Holdings Inc.
For the period ended Mar 31, 2026. Filed May 8, 2026.
View on SEC.govAbout this filing
A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Mar 31, 2026 · Filed May 8, 2026
BH$373.55+15.9%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Table of Contents
INDEX
| Page No. | ||
|---|---|---|
| Part I – Financial Information | ||
| Item 1. | Financial Statements | 1 |
| Consolidated Balance Sheets — March 31, 2026 and December 31, 2025 | 1 | |
| Consolidated Statements of Earnings — First Quarter 2026 and 2025 | 2 | |
| Consolidated Statements of Comprehensive Income — First Quarter 2026 and 2025 | 3 | |
| Consolidated Statements of Changes in Shareholders’ Equity — First Quarter 2026 and 2025 | 3 | |
| Consolidated Statements of Cash Flows — First Quarter 2026 and 2025 | 4 | |
| Notes to Consolidated Financial Statements | 5 | |
| Item 2. | Management’s Discussion and Analysis of Financial Condition and Results of Operations | 20 |
| Item 3. | Quantitative and Qualitative Disclosures about Market Risk | 30 |
| Item 4. | Controls and Procedures | 30 |
| Part II – Other Information | ||
| Item 1. | Legal Proceedings | 31 |
| Item 1A. | Risk Factors | 31 |
| Item 2. | Unregistered Sales of Equity Securities and Use of Proceeds | 31 |
| Item 3. | Defaults Upon Senior Securities | 31 |
| Item 4. | Mine Safety Disclosures | 31 |
| Item 5. | Other Information | 31 |
| Item 6. | Exhibits | 32 |
| Signatures | 33 | |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.