Atlanta Braves Holdings, Inc.BATRAEarnings & Financial Report
Atlanta Braves Holdings, Inc. is a sports and entertainment holding company that owns and operates the Atlanta Braves MLB franchise. It also manages adjacent mixed-use real estate, live events, merchandise sales, and media operations, serving fans across the U.S. Southeast and global baseball audiences.
Revenue
$312.4M
Gross Profit
N/A
Operating Profit
$41.8M
Net Profit
$29.5M
Gross Margin
N/A
Operating Margin
13.4%
Net Margin
9.4%
YoY Growth
10.5%
EPS
$0.46
Atlanta Braves Holdings, Inc. Q2 FY2025 Financial Summary
Atlanta Braves Holdings, Inc. reported revenue of $312.4M (up 10.5% YoY) for Q2 FY2025, with a net profit of $29.5M (up 1.3% YoY) (9.4% margin).
Key Financial Metrics
| Total Revenue | $312.4M |
|---|---|
| Net Profit | $29.5M |
| Gross Margin | N/A |
| Operating Margin | 13.4% |
| Report Period | Q2 FY2025 |
Revenue Breakdown
Atlanta Braves Holdings, Inc. Q2 FY2025 revenue of $312.4M breaks down across 5 segments, led by Baseball Event at $180.3M (57.7% of total).
| Segment | Revenue | % of Total |
|---|---|---|
| Baseball Event | $180.3M | 57.7% |
| Broadcasting | $81.1M | 25.9% |
| Collective Bargaining Agreement | $24.8M | 7.9% |
| Retail And Licensing | $18.6M | 5.9% |
| Other Product Or Service | $7.3M | 2.3% |
Atlanta Braves Holdings, Inc. Revenue by Segment — Quarterly Trend
Atlanta Braves Holdings, Inc. revenue by segment across the last 4 reported quarters, showing how each business line (such as Baseball Event and Broadcasting) has evolved quarter over quarter.
| Segment | Q1 FY2026 | Q4 FY2025 | Q3 FY2025 | Q2 FY2025 |
|---|---|---|---|---|
| Baseball Event | — | — | $176.3M | $180.3M |
| Broadcasting | $2.5M | — | $79.2M | $81.1M |
| Collective Bargaining Agreement | — | — | — | $24.8M |
| Retail And Licensing | — | — | $15.6M | $18.6M |
| Other Product Or Service | — | — | $13.2M | $7.3M |
Atlanta Braves Holdings, Inc. Annual Revenue by Year
Atlanta Braves Holdings, Inc. annual revenue history includes year-by-year totals (for example, 2025 revenue was $732.5M).
| Year | Annual Revenue |
|---|---|
| 2025 | $732.5M |
Atlanta Braves Holdings, Inc. Quarterly Revenue & Net Profit History
Atlanta Braves Holdings, Inc. results over the last 8 reported quarters, including revenue, net profit and year-over-year growth.
| Quarter | Revenue | Revenue YoY | Net Profit | Net Margin |
|---|---|---|---|---|
| Q1 FY2026 | $72.0M | +52.5% | $-40.4M | -56.1% |
| Q4 FY2025 | $61.3M | +17.6% | $-41.4M | -67.6% |
| Q3 FY2025 | $311.5M | +7.2% | $30.0M | 9.6% |
| Q2 FY2025 | $312.4M | +10.5% | $29.5M | 9.4% |
| Q1 FY2025 | $47.2M | +27.3% | $-41.4M | -87.7% |
| Q4 FY2024 | $52.1M | — | $-19.1M | -36.7% |
| Q3 FY2024 | $290.7M | +6.9% | $10.0M | 3.4% |
| Q2 FY2024 | $282.9M | +4.7% | $29.1M | 10.3% |
Income Statement
| Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $282.9M | $290.7M | $52.1M | $47.2M | $312.4M | $311.5M | $61.3M | $72.0M |
| YoY Growth | 4.7% | 6.9% | N/A | 27.3% | 10.5% | 7.2% | 17.6% | 52.5% |
Balance Sheet
| Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | |
|---|---|---|---|---|---|---|---|---|
| Assets | $1.57B | $1.56B | $1.52B | $1.68B | $1.68B | $1.67B | $1.61B | $1.69B |
| Liabilities | $1.05B | $1.01B | $987.6M | $1.18B | $1.15B | $1.10B | $1.08B | $1.16B |
| Equity | $512.7M | $530.4M | $524.2M | $486.1M | $522.8M | $560.3M | $526.0M | $519.0M |
Cash Flow
| Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|
| Operating CF | $-34.3M | $-69.0M | $28.9M | $95.8M | $-8.1M | $-88.8M | $26.4M |