Biglari Holdings (BH-A) Intangibles (2017 - 2025)

Biglari Holdings' Intangibles history runs 9 years deep, the most recent figure standing at $23.7 million for Q4 2025.

• In Q4 2025, Intangibles rose 3.74% year-over-year to $23.7 million; the TTM figure through Dec 2025 stood at $23.7 million (up 3.74% YoY), while the FY2025 annual figure was $23.7 million, up 3.74% from the prior year.
• Intangibles was $23.7 million for Q4 2025 at Biglari Holdings, up from $22.8 million in the prior quarter.
• In the past five years, Intangibles ranged from a high of $23.7 million in Q4 2025 to a low of $22.8 million in Q4 2024.
• Historically, Intangibles has averaged $23.2 million across 5 years, with a median of $23.2 million in 2023.
• The sharpest annual moves came in 2021 and 2025: Intangibles decreased 2.5% in 2021, then gained 3.74% in 2025.
• A 5-year view of Intangibles shows it stood at $23.5 million in 2021, then retreated by 1.9% to $23.0 million in 2022, then grew by 0.93% to $23.2 million in 2023, then declined by 1.76% to $22.8 million in 2024, then gained by 3.74% to $23.7 million in 2025.
• The last three Intangibles figures came in at $23.7 million (Q4 2025), $22.8 million (Q4 2024), and $23.2 million (Q4 2023), per Business Quant data.