NYSE$BH

Biglari Holdings Inc-B · Q3 2025 earnings

Q3 2025 earnings · · After market close · Investor relations

Briefing

BH Q3 2025 — $118K revenue

In our opinion, all adjustments considered necessary to present fairly the results of the interim periods have been included and consist only of normal recurring adjustments. Biglari Holdings Inc-B reported Q3 2025 results. Net income of $32K. Headline numbers extracted from the Form 10-Q press release; narrative is light because this row was processed without an LLM call.

  • Revenue: $118K.
  • Net income: $32K.
  • Filed on Form 10-Q (accession 0001628280-25-050620).

Headline financials

Total Revenue

$99.7M

Previous: $90.4M+10.3%
EPS

-$20.38

Previous: $114.77-117.8%
Capital Expenditures

-$19M

Previous: -$23.5M+19.4%
Free Cash Flow

$70.2M

Previous: $8.17M+759.9%
Net Income

-$5.29M

Previous: $32.1M-116.5%
Operating Income

-$63.3M

Previous: -$48.8M-29.7%
Gross Profit

$57.9M

Previous: $54.2M+6.8%

Revenue & EPS history

Biglari Holdings · Revenue · Quarterly

$99.7M

Q3 2025+10.3%vs Q3 2024

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 19 quarterly earnings reports · overlaid with Q3 2025

Historical avgQ3 2025

+0.8%

Avg return

Earnings day

+1.4%

Avg return

5 days after

+3.2%

Avg return

30 days after

54%

33 / 61 earnings

Positive

+23.7%

Q4 2021

Best reaction

-14.0%

Q1 2019

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026+2.0%-16.3%
Q4 2025+0.8%-21.5%-14.2%
Q3 2025-8.6%-10.8%-12.0%
Q1 2025+0.1%+1.9%+13.0%
Q4 2024+0.8%+2.6%+11.5%
Q3 2024-3.0%+13.4%+27.7%
Q2 2024-8.4%-7.9%-10.4%
Q1 2024-3.2%+2.1%-6.6%
Q4 2023+7.0%+5.9%+22.8%
Q3 2023-2.5%-4.4%-2.7%
Q2 2023-4.1%-3.6%-8.4%
Q1 2023+1.0%-0.5%+15.6%
Q4 2022+4.6%+3.7%-5.6%
Q3 2022+2.0%+0.8%+4.2%
Q2 2022+5.3%+4.7%+0.9%
Q1 2022+1.1%-3.2%-5.0%
Q4 2021+23.7%+39.9%+25.4%
Q3 2021-1.8%-3.4%-14.5%
Q2 2021-0.6%+5.9%+3.7%
Q1 2021+11.8%+6.1%+18.8%
Q4 2020+16.3%+31.6%+13.3%
Q3 2020+15.8%+10.3%+41.8%
Q2 2020+16.9%+20.3%+34.2%
Q1 2020-5.3%-14.5%+43.3%
Q4 2019+2.6%-6.1%-62.0%
Q3 2019+11.4%+20.0%+35.1%
Q2 2019+3.3%+12.8%+1.0%
Q1 2019-14.0%-14.3%-32.9%
Q4 2018-0.2%-6.2%-3.7%
Q3 2018+0.3%-1.0%-3.8%
Q2 2018-2.3%+0.3%+6.5%
Q1 2018-2.6%+3.3%+5.2%
Q4 2017+0.4%-1.5%-3.3%
Q3 2017-6.8%-7.9%-7.0%
Q2 2017-8.9%-14.5%-17.4%
Q1 2017-3.5%-5.4%-9.8%
Q4 2016+1.1%-2.9%-5.5%
Q3 2016+1.6%+8.0%+10.7%
Q2 2016+1.3%+5.4%+11.6%
Q1 2016-0.9%
Q4 2015+0.2%
Q3 2015-1.3%
Q2 2015-1.0%
Q1 2015+0.1%
Q3 2014-2.4%
Q2 2014+0.6%
Q1 2014-3.5%
Q3 2013-0.9%
Q1 2013+1.1%
Q4 2012+3.5%
Q3 2012+2.0%
Q2 2012+0.7%
Q1 2012+3.7%
Q4 2011+1.8%
Q3 2011-6.4%
Q2 2011+1.8%
Q1 2011-0.1%
Q4 2010-1.3%
Q3 2010-0.4%
Q2 2010-5.9%
Q1 2010-0.2%

Discussion

Share your read of this quarter. Sign-in carries your eToro identity.

Join the conversation

Sign in with eToro to post your read of this quarter and vote on others'.

Sign in with eToro