{"version":"company-facts.v1","source":"https://secwatch.observer","generated_at":"2026-06-04T09:40:05.129558+00:00","company":{"ticker":"BH-A","cik":1726173,"company_name":"Biglari Holdings Inc."},"pagination":{"limit":100,"returned":6,"next_cursor":null},"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer","facts":[{"fact_type":"earnings_release","fact_key":"e9ce6a5e45194bba22445ef3e0f0f5ac96acd300","cik":1726173,"ticker":"BH-A","company_name":"Biglari Holdings Inc.","filed_at":"2026-05-08T23:59:59+00:00","payload":{"eps_text":null,"guidance_signal":"none","item_codes_triggered":["2.02"],"net_income_text":"$ (14,531)","period_text":"first quarter of 2026","report_date":"2026-05-08","result_type":"reported_results","revenue_text":null},"claim":"Biglari Holdings Inc. reported first quarter of 2026 results: net income $ (14,531).","evidence_excerpt":"in thousands) First Quarter 2026 2025 Pre-tax operating earnings $ (4,141) $ 9,994 Investment gains (losses) (14,741) (51,177) Income taxes 4,351 7,908 Net earnings (loss) $ (14,531) $ (33,275) Analysis of Results : Investments affect our reported quarterly earnings based on their carrying value. We do not regard the quarterly or annual fluctuations in our","confidence":0.9,"filing_url":"https://secwatch.observer/filing/0001628280-26-032884","anchor_url":"https://secwatch.observer/filing/0001628280-26-032884#claim-e9ce6a5e45194bba22445ef3e0f0f5ac96acd300","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/1726173/000162828026032884/0001628280-26-032884-index.htm"},{"fact_type":"debt_financing","fact_key":"a4caa879b33d18af32fb7f023f4f47c521495335","cik":1726173,"ticker":"BH-A","company_name":"Biglari Holdings Inc.","filed_at":"2025-10-06T23:59:59+00:00","payload":{"counterparty":null,"effective_date":"2025-09-30","event":"incurrence","instrument_type":"loan","interest_rate_text":"8.80% per annum","item_codes_triggered":["2.03"],"maturity_text":"five years","principal_text":"$225,000,000"},"claim":"Biglari Holdings Inc. incurred loan of $225,000,000 at 8.80% per annum maturing five years.","evidence_excerpt":"On September 30, 2025, Steak n Shake Inc., a subsidiary of Biglari Holdings, obtained a loan of $225,000,000.","confidence":0.9,"filing_url":"https://secwatch.observer/filing/0001628280-25-044299","anchor_url":"https://secwatch.observer/filing/0001628280-25-044299#claim-a4caa879b33d18af32fb7f023f4f47c521495335","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/1726173/000162828025044299/0001628280-25-044299-index.htm"},{"fact_type":"earnings_release","fact_key":"6081aeb67ab81ed3453d8cd2bf0489826ca252a6","cik":1726173,"ticker":"BH-A","company_name":"Biglari Holdings Inc.","filed_at":"2024-05-10T23:59:59+00:00","payload":{"eps_text":null,"guidance_signal":"none","item_codes_triggered":["2.02"],"net_income_text":"$ 22,579","period_text":"the first quarter of 2024","report_date":"2024-05-10","result_type":"reported_results","revenue_text":null},"claim":"Biglari Holdings Inc. reported the first quarter of 2024 results: net income $ 22,579.","evidence_excerpt":"On May 10, 2024 , Biglari Holdings Inc. 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Person 162,039 22,792","confidence":0.95,"filing_url":"https://secwatch.observer/filing/0001726173-24-000023","anchor_url":"https://secwatch.observer/filing/0001726173-24-000023#claim-e1c6b2497a6c6a3d90842cfc1cf9150780df298c","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/1726173/000172617324000023/0001726173-24-000023-index.htm"}]}