Biglari Holdings (BH) Deferred Taxes (2017 - 2026)

Biglari Holdings' Deferred Taxes history runs 10 years deep, the most recent figure standing at -$3.5 million for Q1 2026.

• In Q1 2026, Deferred Taxes fell 138.24% year-over-year to -$3.5 million; the TTM figure through Mar 2026 stood at -$1.2 million (down 105.45% YoY), while the FY2025 annual figure was $11.5 million, up 35.27% from the prior year.
• Deferred Taxes was -$3.5 million for Q1 2026 at Biglari Holdings, down from $10.1 million in the prior quarter.
• In the past five years, Deferred Taxes ranged from a high of $37.9 million in Q4 2022 to a low of -$23.9 million in Q2 2022.
• Historically, Deferred Taxes has averaged $1.5 million across 5 years, with a median of $1.6 million in 2023.
• The sharpest annual moves came in 2022 and 2024: Deferred Taxes plunged 538.01% in 2022, then surged 865.98% in 2024.
• A 5-year view of Deferred Taxes shows it stood at $37.9 million in 2022, then tumbled by 133.0% to -$12.5 million in 2023, then soared by 145.87% to $5.7 million in 2024, then soared by 75.58% to $10.1 million in 2025, then sank by 134.78% to -$3.5 million in 2026.
• The last three Deferred Taxes figures came in at -$3.5 million (Q1 2026), $10.1 million (Q4 2025), and $12.7 million (Q3 2025), per Business Quant data.