---
title: "Biglari - B (BH.US) — Financial Reports"
type: "Symbol"
locale: "en"
url: "https://longbridge.com/en/quote/BH.US/norm.md"
symbol: "BH.US"
name: "Biglari - B"
parent: "https://longbridge.com/en/quote/BH.US.md"
datetime: "2026-05-20T12:28:53.781Z"
locales:
  - [en](https://longbridge.com/en/quote/BH.US/norm.md)
  - [zh-CN](https://longbridge.com/zh-CN/quote/BH.US/norm.md)
  - [zh-HK](https://longbridge.com/zh-HK/quote/BH.US/norm.md)
---

# Biglari - B (BH.US) — Financial Reports

## Income Statement (USD)

| Indicator | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 |
| --- | --- | --- | --- | --- | --- |
| EPS | -1.12 | -3.87 | -0.4076 | 3.89 | -2.53 |
| ROE | -11.15% | -36.13% | -3.62% | 36.09% | -23.92% |
| Revenue | 97.48M | 99.87M | 99.74M | 100.62M | 95.03M |
| Net income | -14.53M | -49.85M | -5.29M | 50.93M | -33.27M |
| Operating income | 2.87M | 3.58M | 9.10M | 6.22M | 2.90M |
| Gross margin | 39.39% | 36.52% | 39.17% | 39.10% | 36.33% |
| Net margin | -14.91% | -49.92% | -5.30% | 50.62% | -35.01% |
| Profit quality | 14.10% | 20.12% | 29.11% | 14.76% | 18.39% |

## Balance Sheet (USD)

| Indicator | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 |
| --- | --- | --- | --- | --- | --- |
| A&L | 1.02B | 1.03B | 1.08B | 863.58M | 829.06M |
| Leverage | 1.96 | 1.96 | 1.86 | 1.47 | 1.54 |
| BVPS | 16.54 | 16.87 | 18.70 | 18.99 | 17.40 |
| Turnover | 0.4306 | 0.4179 | 0.3975 | 0.4510 | 0.4290 |
| Cash & STI | 314.26M | 337.83M | 369.17M | 137.31M | 135.33M |
| Inv & Rec | 3.52M | 3.77M | 3.93M | 4.37M | 4.23M |
| LT assets | 410.24M | 406.66M | 407.73M | 400.77M | 404.15M |
| Net debt | 43.45M | 20.80M | -22.00M | -11.87M | 17.50M |

## Cash Flow Statement (USD)

| Indicator | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 |
| --- | --- | --- | --- | --- | --- |
| Operating CF | 20.33M | 17.77M | 31.25M | 42.15M | 15.79M |
| Investing CF | -95.14M | -29.27M | -9.04M | -7.27M | -19.89M |
| Financing CF | 6.06M | 7.81M | 217.50M | -30.78M | 2.00M |
| Free CF | -1.30M | -2.92M | 23.96M | 2.47M | 7.88M |
| OCF coverage | 119.42% | 127.16% | 102.63% | 88.76% | 86.32% |
| Repaid & issued | 1.25M | 12.25M | 239.00M | 14.00M | 13.00M |
| CapEx | -6.97M | -11.40M | -8.95M | -2.70M | -7.30M |