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Biglari Holdings (BH) Retained Earnings (2016 - 2026)

Biglari Holdings' quarterly Retained Earnings came in at -$1.6 million in Q1 2026, down 100.26% year-on-year from $594.4 million in Q1 2025, and down 16.3% quarter-over-quarter from -$1.3 million in Q4 2025.

Biglari Holdings has reported Retained Earnings for 11 years, with the latest figure at -$1.6 million in Q1 2026.

  • For the quarter ending Q1 2026, Retained Earnings fell 100.26% year-over-year to -$1.6 million; the trailing twelve-month figure through Mar 2026 stood at -$1.6 million (down 100.26% YoY), and the FY2025 full-year result was -$1.3 million, up 52.99% from the prior year.
  • Retained Earnings for Q1 2026 stood at -$1.6 million, down from -$1.3 million in the prior quarter.
  • The five-year high for Retained Earnings was $645.4 million in Q2 2025, with the low at -$3.1 million in Q3 2023.
  • Average Retained Earnings over 5 years is $247.2 million, with a median of -$1.4 million recorded in 2025.
  • Peak annual rise in Retained Earnings reached 30099.81% in 2023, while the deepest fall reached 100.54% in 2023.
  • Tracing BH's Retained Earnings over 5 years: stood at -$2.8 million in 2022, then increased by 9.75% to -$2.5 million in 2023, then fell by 14.06% to -$2.9 million in 2024, then jumped by 52.99% to -$1.3 million in 2025, then slipped by 16.3% to -$1.6 million in 2026.
  • The last three Retained Earnings figures came in at -$1.6 million (Q1 2026), -$1.3 million (Q4 2025), and -$1.4 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Retained Earnings (Qtr)
1 Starbucks 110.27 Bn 108.58 Bn 9.40 Bn -8.88 Bn
2 Yum Brands 40.90 Bn 40.21 Bn 1.38 Bn -312.00 Mn
3 Chipotle Mexican Grill 39.62 Bn 38.75 Bn 2.61 Bn -8.01 Mn
4 Restaurant Brands International 25.25 Bn 25.79 Bn 2.14 Bn 1.90 Bn
5 Darden Restaurants 23.41 Bn 23.17 Bn 3.31 Bn 24.40 Mn
6 Yum China Holdings 15.07 Bn 13.64 Bn 3.24 Bn -98.00 Mn
7 Texas Roadhouse 11.59 Bn 11.39 Bn 1.40 Bn 1.52 Bn
8 Dominos Pizza 10.51 Bn 10.27 Bn 464.51 Mn -5.10 Mn
9 Cava 8.67 Bn 8.28 Bn 797.57 Mn 118,000.00
10 Biglari Holdings 616.65 Mn 416.58 Mn 60.02 Mn -1.57 Mn

Historic Data

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DateValue
Mar 31, 2026 -1.57 Mn
Dec 31, 2025 -1.35 Mn
Sep 30, 2025 -1.37 Mn
Jun 30, 2025 645.36 Mn
Mar 31, 2025 594.42 Mn
Dec 31, 2024 -2.87 Mn
Sep 30, 2024 637.97 Mn
Jun 30, 2024 605.85 Mn
Mar 31, 2024 -2.55 Mn
Dec 31, 2023 -2.52 Mn
Sep 30, 2023 -3.07 Mn
Jun 30, 2023 -2.78 Mn
Mar 31, 2023 641.40 Mn
Dec 31, 2022 -2.79 Mn
Sep 30, 2022 566.46 Mn
Jun 30, 2022 534.45 Mn
Mar 31, 2022 -2.14 Mn
Dec 31, 2021 608.53 Mn
Sep 30, 2021 613.35 Mn
Jun 30, 2021 -1.86 Mn
Mar 31, 2021 644.76 Mn
Dec 31, 2020 -1.53 Mn
Sep 30, 2020 -1.98 Mn
Jun 30, 2020 -2.32 Mn
Mar 31, 2020 3.12 Mn
Dec 31, 2019 -2.81 Mn
Sep 30, 2019 -3.25 Mn
Jun 30, 2019 -2.62 Mn
Mar 31, 2019 2.82 Mn
Dec 31, 2018 -2.52 Mn
Sep 30, 2018 -2.25 Mn
Jun 30, 2018 -2.11 Mn
Mar 31, 2018 -966,000.00
Dec 31, 2017 58,000.00
Sep 30, 2017 -1.67 Mn
Jun 30, 2017 -2.27 Mn
Mar 31, 2017 -3.28 Mn
Dec 31, 2016 -137,000.00