Biglari Holdings (BH) EBITDA (2017 - 2026)
Biglari Holdings' (BH) quarterly EBITDA came in at -$41.6 million in Q1 2026, down 799.5% year-on-year from $5.9 million in Q1 2025, and up 72.79% quarter-over-quarter from -$152.9 million in Q4 2025.
Biglari Holdings (BH) EBITDA (2017 - 2026) Analysis & Trends
Biglari Holdings' EBITDA history runs 10 years deep, the most recent figure standing at -$41.6 million for Q1 2026.
- On a quarterly basis, EBITDA fell 799.5% year-over-year to -$41.6 million in Q1 2026; TTM through Mar 2026 was -$228.7 million, a 200.08% decrease from a year earlier, with the FY2025 full-year figure at -$142.5 million, down 28.55% from the prior year.
- EBITDA grew to -$41.6 million in Q1 2026 per BH's latest filing, from -$152.9 million in the prior quarter.
- Across five years, EBITDA topped out at $8.7 million in Q3 2022 and bottomed at -$152.9 million in Q4 2025.
- The 5-year median for EBITDA is -$27.6 million (2022), against an average of -$32.9 million.
- Across the five-year window, EBITDA jumped 774.23% in 2022 and plunged 799.5% in 2026, its largest moves.
- Year by year, EBITDA stood at -$27.6 million in 2022, then slumped by 340.2% to -$121.4 million in 2023, then soared by 73.62% to -$32.0 million in 2024, then sank by 377.27% to -$152.9 million in 2025, then surged by 72.79% to -$41.6 million in 2026.
- Per Business Quant, the three latest BH EBITDA figures stand at -$41.6 million (Q1 2026), -$152.9 million (Q4 2025), and -$35.0 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBITDA (Qtr) |
|---|---|---|---|---|---|
| 1 | Starbucks | 117.61 Bn | 115.91 Bn | 6.32 Bn | 828.10 Mn |
| 2 | Chipotle Mexican Grill | 41.20 Bn | 40.33 Bn | 2.61 Bn | 397.06 Mn |
| 3 | Yum Brands | 40.68 Bn | 39.99 Bn | 1.38 Bn | 644.00 Mn |
| 4 | Restaurant Brands International | 25.13 Bn | 25.66 Bn | 2.14 Bn | 606.00 Mn |
| 5 | Darden Restaurants | 22.23 Bn | 21.99 Bn | 3.68 Bn | 516.80 Mn |
| 6 | Yum China Holdings | 15.22 Bn | 14.47 Bn | 2.31 Bn | 447.00 Mn |
| 7 | Texas Roadhouse | 12.56 Bn | 12.37 Bn | 1.40 Bn | 146.34 Mn |
| 8 | Dominos Pizza | 10.74 Bn | 10.60 Bn | 478.23 Mn | 232.04 Mn |
| 9 | Dutch Bros | 8.14 Bn | 8.10 Bn | 107.48 Mn | 34.30 Mn |
| 10 | Biglari Holdings | 99.94 Mn | -100.13 Mn | 60.02 Mn | -41.61 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -41.61 Mn |
| Dec 31, 2025 | -152.89 Mn |
| Sep 30, 2025 | -34.98 Mn |
| Jun 30, 2025 | 793,000.00 |
| Mar 31, 2025 | 5.95 Mn |
| Dec 31, 2024 | -32.03 Mn |
| Sep 30, 2024 | -32.94 Mn |
| Jun 30, 2024 | -17.18 Mn |
| Mar 31, 2024 | -28.72 Mn |
| Dec 31, 2023 | -121.42 Mn |
| Sep 30, 2023 | -16.49 Mn |
| Jun 30, 2023 | -24.89 Mn |
| Mar 31, 2023 | -23.69 Mn |
| Dec 31, 2022 | -27.58 Mn |
| Sep 30, 2022 | 8.74 Mn |
| Jun 30, 2022 | 8.47 Mn |
| Mar 31, 2022 | -29.39 Mn |
| Dec 31, 2021 | 125.70 Mn |
| Sep 30, 2021 | -1.30 Mn |
| Jun 30, 2021 | 5.91 Mn |