Biglari Holdings Inc. (BH-A) Gross Margin (2017 - 2026)
Biglari Holdings (BH-A) posted quarterly Gross Margin of 61.57% for Q1 2026, down 3418.0% year-over-year from 1.86% in Q1 2025, and up 219.9% quarter-over-quarter from 51.35% in Q4 2025.
Biglari Holdings Inc. (BH-A) Gross Margin (2017 - 2026) Analysis & Trends
Biglari Holdings' Gross Margin history runs 10 years deep, the most recent figure standing at 61.57% for Q1 2026.
- In Q1 2026, Gross Margin fell 3418.0% year-over-year to 61.57%; the TTM figure through Mar 2026 stood at 41.33% (down 2792.0% YoY), while the FY2025 annual figure was 59.19%, down 120.0% from the prior year.
- Gross Margin for Q1 2026 stood at 61.57%, up from 51.35% in the prior quarter.
- The five-year high for Gross Margin was 97.14% in Q2 2025, with the low at 51.35% in Q4 2025.
- The 5-year median for Gross Margin is 61.52% (2024), against an average of 56.89%.
- The sharpest annual moves came in 2022 and 2024: Gross Margin sank 15340 bps in 2022, then jumped 9869 bps in 2024.
- Biglari Holdings' Gross Margin stood at 66.69% in 2022, then plunged by 157 bps to 38.13% in 2023, then jumped by 259 bps to 60.57% in 2024, then slumped by 185 bps to 51.35% in 2025, then surged by 220 bps to 61.57% in 2026.
- Business Quant data shows BH-A's Gross Margin at 61.57% in Q1 2026, 51.35% in Q4 2025, and 58.05% in Q3 2025.
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Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 62.10% |
| Mar 31, 2026 | 61.57% |
| Dec 31, 2025 | -51.35% |
| Sep 30, 2025 | 58.05% |
| Jun 30, 2025 | 97.14% |
| Mar 31, 2025 | 95.74% |
| Dec 31, 2024 | 60.57% |
| Sep 30, 2024 | 59.95% |
| Jun 30, 2024 | 59.53% |
| Mar 31, 2024 | 61.52% |
| Dec 31, 2023 | -38.13% |
| Sep 30, 2023 | 59.54% |
| Jun 30, 2023 | 62.66% |
| Mar 31, 2023 | 63.70% |
| Dec 31, 2022 | 66.69% |
| Sep 30, 2022 | 95.56% |
| Jun 30, 2022 | 95.84% |
| Mar 31, 2022 | 58.59% |
| Dec 31, 2021 | 220.09% |
| Sep 30, 2021 | 97.50% |