Total revenues

Biglari Holdings Inc.·Products & Services·13 segments·Rolls up to Total Revenue

Breakdown

Segment	Q2 '24	Q3 '24	Q4 '24	Q1 '25	Q2 '25	Q3 '25	Q4 '25	Q1 '26
Restaurant operations	$64.48M	$62.38M	$62.59M	$64.35M	$72.01M	$71.74M	$72.77M	$66.15M
Franchise partner fees	$18.15M	$17.16M	$17.55M	$17.14M	$20.15M	$19.17M	$20.55M	$20.54M
Insurance premiums and other	$17.69M	$18.25M	$19.02M	$19.35M	$18.82M	$19.18M	$19.11M	$18.94M
Oil and gas	$8.67M	$9.57M	$9.19M	$9.93M	$7.5M	$7.37M	$5.41M	$9.14M
Licensing and media	—	—	—	$1.41M	—	—	—	$3.26M
Franchise royalties and fees	$3.62M	$3.44M	$3.1M	$3.49M	$3.13M	$2.9M	$4.07M	$3.13M
Total	$91.14M	$90.41M	$91.12M	$95.04M	$100.62M	$99.74M	$99.87M	$97.48M

Advertising, Franchise, Gift Cards are derived from annual filings.

Franchise partner feesView metric

Franchise royalties and feesView metric

Insurance premiums and otherView metric

Insurance UnderwritingView metric

Investment IncomeView metric

Licensing and mediaView metric

Restaurant operationsView metric