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Biglari Holdings Inc. BH Other — Insurance losses

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Other financials

Income statement

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Revenue$108.5M+7.9%
Gross profit$67.4M+11.3%
Net income$39.9M-21.6%
EPS (diluted)$31.63-18.7%

Balance sheet

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Cash & equivalents$68.4M+109%
Total debt$289.3M+577%
Total equity$543.8M-7.7%
Total assets$1.1B+22.6%

Cash flow

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Operating cash flow$14.9M-64.5%
CapEx$6.7M+146%
Free cash flow$8.3M-79.0%

Valuation

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Market cap$1.21B+42.1%
Enterprise value$1.43B+66.0%
P/S+0.7×

Profitability

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Gross margin60%-0.2pp
Net margin-7.3%-17.8pp
FCF margin12.4%-4.2pp

Returns & leverage

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Return on equity-5.3%-12.1pp
Debt / equity0.5×+0.5×
Current ratio2.4×+1.1×

Where this comes from

Reported directly by Biglari Holdings Inc. in its filing.

Tagged under the XBRL concept us-gaap:LiabilityForUnpaidClaimsAndClaimsAdjustmentExpenseIncurredClaims1.

The source filing: Biglari Holdings Inc.’s 10-Q, filed August 7, 2026.

Filed
Aug 7, 2026, 4:14 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001628280-26-054841
Line itemJune 30,2026June 30,2025
Incurred losses and loss adjustment expenses:
Current accident year23,33823,594
Prior accident years(2,833)872
Total20,50524,466
Paid losses and loss adjustment expenses:
Current accident year15,70818,663
Prior accident years4,0045,850
Total19,71224,513

ITEM 1. FINANCIAL STATEMENTS

FAQ

What is Biglari Holdings Inc.'s other — insurance losses?
Biglari Holdings Inc. (BH) reported other — insurance losses of $0 in Q2 2026.
What does other — insurance losses mean?
This metric tracks the total claims and associated losses incurred by insurance operations categorized within the 'Other' segment. It reflects the underwriting risk and the frequency or severity of claims experienced by these specific insurance subsidiaries. Lower values indicate more effective risk management and underwriting discipline within this segment.

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