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Biglari Holdings Inc. BH Licensing and media costs

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Segments

By segment

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Maxim$1.65M

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+28.7%
Enterprise value$1.22B+37.2%
P/S2.8×+0.5×

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 bh:MediaAndLicensingCosts.

The official record: Biglari Holdings Inc.’s 10-Q, filed May 8, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Biglari Holdings Inc.'s licensing and media costs?
Biglari Holdings Inc. (BH) reported licensing and media costs of $2.87M in Q1 2026.
How has Biglari Holdings Inc.'s licensing and media costs changed year-over-year?
Biglari Holdings Inc.'s licensing and media costs increased by 74.1% year-over-year, from $1.65M to $2.87M.
What is the long-term trend for Biglari Holdings Inc.'s licensing and media costs?
Over 4 years (2021 to 2025), Biglari Holdings Inc.'s licensing and media costs has grown at a 41.2% compound annual growth rate (CAGR), from $2.28M to $9.04M.
What does licensing and media costs mean?
This metric tracks the expenditures related to brand licensing, media placement, and intellectual property rights management. It reflects the company's investment in maintaining brand visibility and legal rights to operate specific business concepts. It is essential for assessing the cost of maintaining intangible assets and marketing reach.