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Biglari Holdings Inc. (BH) is a consumer-oriented services company in the sit-down dining establishments industry, based in San Antonio, United States, with about 2,535 full-time employees.
It reported revenue of $395.26 million for fiscal year 2025, up 9.2% from fiscal year 2024, and net income of -$37.49 million. In Q2 2026 (the quarter ended June 30, 2026) revenue was $108.52 million, up 7.9% from a year before. Its largest business segment, Gift Cards, brought in 55% of segment revenue in fiscal year 2025. Its market capitalization was $960.24 million as of December 4, 2025.
Figures from company filings and market data; latest fiscal year ended December 31, 2025; market data as of December 4, 2025.
, through its subsidiaries, primarily operates and franchises restaurants in the United States. It owns, operates, and franchises restaurants under the Steak n Shake and Western Sizzlin names.
Biglari reported $395.26 million in revenue for fiscal year 2025, up 9.2% from $362.11 million in fiscal year 2024. In Q2 2026 revenue was $108.52 million.
Gift Cards, with $4.66 million or 55% of segment revenue in fiscal year 2025. Next: Advertising (41%) and Franchise (4%).
$960.24 million as of December 4, 2025.
Listed companies of a similar size in the same industry (sit-down dining establishments) include Cracker Barrel Old Country Store, Inc. (CBRL), BJ's Restaurants, Inc. (BJRI), Super Hi International Holding Ltd. (HDL), Bloomin' Brands, Inc. (BLMN).