Biglari Holdings (BH) Cost of Revenue (2017 - 2026)
Biglari Holdings' (BH) quarterly Cost of Revenue came in at $37.5 million in Q1 2026, up 825.98% year-on-year from $4.0 million in Q1 2025, and down 75.21% quarter-over-quarter from $151.2 million in Q4 2025.
Biglari Holdings (BH) Cost of Revenue (2017 - 2026) Analysis & Trends
Biglari Holdings' Cost of Revenue history runs 10 years deep, the most recent figure standing at $37.5 million for Q1 2026.
- On a quarterly basis, Cost of Revenue rose 825.98% year-over-year to $37.5 million in Q1 2026; TTM through Mar 2026 was $233.3 million, a 106.35% increase from a year earlier, with the FY2025 full-year figure at $161.3 million, up 12.46% from the prior year.
- Cost of Revenue fell to $37.5 million in Q1 2026 per BH's latest filing, from $151.2 million in the prior quarter.
- Across five years, Cost of Revenue topped out at $151.2 million in Q4 2025 and bottomed at $2.9 million in Q2 2025.
- The 5-year median for Cost of Revenue is $35.4 million (2022), against an average of $40.4 million.
- Across the five-year window, Cost of Revenue plunged 92.19% in 2025 and surged 825.98% in 2026, its largest moves.
- Year by year, Cost of Revenue stood at $32.8 million in 2022, then surged by 281.86% to $125.2 million in 2023, then sank by 71.31% to $35.9 million in 2024, then jumped by 320.68% to $151.2 million in 2025, then plunged by 75.21% to $37.5 million in 2026.
- Per Business Quant, the three latest BH Cost of Revenue figures stand at $37.5 million (Q1 2026), $151.2 million (Q4 2025), and $41.8 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Starbucks | 118.28 Bn | 116.58 Bn | 6.32 Bn | 3.21 Bn |
| 2 | Yum Brands | 41.26 Bn | 40.58 Bn | 1.38 Bn | 677.00 Mn |
| 3 | Chipotle Mexican Grill | 41.21 Bn | 40.34 Bn | 2.61 Bn | 480.64 Mn |
| 4 | Restaurant Brands International | 25.26 Bn | 24.25 Bn | 2.14 Bn | 122.00 Mn |
| 5 | Darden Restaurants | 22.64 Bn | 22.40 Bn | 3.31 Bn | 39.40 Mn |
| 6 | Yum China Holdings | 15.35 Bn | 13.92 Bn | 2.31 Bn | 963.00 Mn |
| 7 | Texas Roadhouse | 12.76 Bn | 12.54 Bn | 1.40 Bn | 228.63 Mn |
| 8 | Dominos Pizza | 11.11 Bn | 10.98 Bn | 478.23 Mn | 716.20 Mn |
| 9 | Dutch Bros | 8.18 Bn | 7.92 Bn | 107.48 Mn | 356.94 Mn |
| 10 | Biglari Holdings | 99.26 Mn | -100.82 Mn | 60.02 Mn | 37.47 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 37.47 Mn |
| Mar 31, 2026 | 37.47 Mn |
| Dec 31, 2025 | 151.15 Mn |
| Dec 31, 2025 | 151.15 Mn |
| Sep 30, 2025 | 41.84 Mn |
| Sep 30, 2025 | 41.84 Mn |
| Jun 30, 2025 | 2.88 Mn |
| Jun 30, 2025 | 2.88 Mn |
| Mar 31, 2025 | 4.05 Mn |
| Mar 31, 2025 | 4.05 Mn |
| Dec 31, 2024 | 35.93 Mn |
| Dec 31, 2024 | 35.93 Mn |
| Sep 30, 2024 | 36.21 Mn |
| Sep 30, 2024 | 36.21 Mn |
| Jun 30, 2024 | 36.89 Mn |
| Jun 30, 2024 | 36.89 Mn |
| Mar 31, 2024 | 34.42 Mn |
| Mar 31, 2024 | 34.42 Mn |
| Dec 31, 2023 | 125.23 Mn |
| Dec 31, 2023 | 125.23 Mn |