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Biglari Holdings Inc. BH Franchise — Revenue, remaining performance obligation, amount

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Other financials

Income statement

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Revenue$97.5M+2.6%
Gross profit$60.0M+4.8%
Net income-$14.5M+56.3%
EPS (diluted)-$11.16+55.9%

Balance sheet

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Cash & equivalents$200.1M+598%
Total debt$290.3M+627%
Total equity$519.2M-3.8%
Total assets$1.0B+22.8%

Cash flow

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Operating cash flow$20.3M+28.7%
CapEx$7.0M-4.6%
Free cash flow$13.4M+57.3%

Valuation

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Market cap$1.13B+34.6%
Enterprise value$1.22B+43.0%
P/S2.8×+0.6×

Profitability

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Gross margin59.5%-0.6pp
Net margin-4.7%-2.0pp
FCF margin20.5%

Returns & leverage

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Return on equity-3.5%-1.4pp
Debt / equity0.6×+0.5×
Current ratio2.5×+1.3×

Where this comes from

Reported directly by Biglari Holdings Inc. in its filing.

Tagged under the XBRL concept us-gaap:RevenueRemainingPerformanceObligation.

The official record: Biglari Holdings Inc.’s 10-K, filed March 2, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Biglari Holdings Inc.'s franchise — revenue, remaining performance obligation, amount?
Biglari Holdings Inc. (BH) reported franchise — revenue, remaining performance obligation, amount of $1.76M in Q4 2025.
How has Biglari Holdings Inc.'s franchise — revenue, remaining performance obligation, amount changed year-over-year?
Biglari Holdings Inc.'s franchise — revenue, remaining performance obligation, amount increased by 0.3% year-over-year, from $1.76M to $1.76M.
What does franchise — revenue, remaining performance obligation, amount mean?
This metric represents the transaction price allocated to performance obligations that are unsatisfied or partially unsatisfied at the end of the reporting period. It reflects the future revenue expected to be recognized as the company fulfills its contractual commitments to franchisees over time. This figure provides visibility into the company's long-term revenue backlog and the stability of its future franchise-related cash flows.