vs

Side-by-side financial comparison of Atlanta Braves Holdings, Inc. (BATRA) and FIRSTSUN CAPITAL BANCORP (FSUN). Click either name above to swap in a different company.

FIRSTSUN CAPITAL BANCORP is the larger business by last-quarter revenue ($110.0M vs $61.3M, roughly 1.8× Atlanta Braves Holdings, Inc.). FIRSTSUN CAPITAL BANCORP runs the higher net margin — 19.6% vs -67.6%, a 87.2% gap on every dollar of revenue. Over the past eight quarters, FIRSTSUN CAPITAL BANCORP's revenue compounded faster (6.9% CAGR vs -52.5%).

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.

FirstSun Capital Bancorp is a U.S.-headquartered financial holding company that offers a comprehensive range of banking and financial services, including commercial and consumer lending, deposit products, wealth management, and treasury solutions. It mainly serves individual customers, small and medium-sized enterprises, and corporate clients across U.S. regional markets.

BATRA vs FSUN — Head-to-Head

Bigger by revenue
FSUN
FSUN
1.8× larger
FSUN
$110.0M
$61.3M
BATRA
Higher net margin
FSUN
FSUN
87.2% more per $
FSUN
19.6%
-67.6%
BATRA
Faster 2-yr revenue CAGR
FSUN
FSUN
Annualised
FSUN
6.9%
-52.5%
BATRA

Income Statement — Q4 FY2025 vs Q1 FY2026

Metric
BATRA
BATRA
FSUN
FSUN
Revenue
$61.3M
$110.0M
Net Profit
$-41.4M
$21.6M
Gross Margin
Operating Margin
-81.2%
Net Margin
-67.6%
19.6%
Revenue YoY
17.6%
Net Profit YoY
-116.7%
-8.4%
EPS (diluted)
$-0.64
$0.76

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
BATRA
BATRA
FSUN
FSUN
Q1 26
$110.0M
Q4 25
$61.3M
$110.2M
Q3 25
$311.5M
$107.3M
Q2 25
$312.4M
$105.6M
Q1 25
$47.2M
$96.2M
Q4 24
$52.1M
$98.7M
Q3 24
$290.7M
$98.2M
Q2 24
$282.9M
$96.2M
Net Profit
BATRA
BATRA
FSUN
FSUN
Q1 26
$21.6M
Q4 25
$-41.4M
$24.8M
Q3 25
$30.0M
$23.2M
Q2 25
$29.5M
$26.4M
Q1 25
$-41.4M
$23.6M
Q4 24
$-19.1M
$16.4M
Q3 24
$10.0M
$22.4M
Q2 24
$29.1M
$24.6M
Operating Margin
BATRA
BATRA
FSUN
FSUN
Q1 26
Q4 25
-81.2%
29.0%
Q3 25
12.5%
26.4%
Q2 25
13.4%
31.2%
Q1 25
-94.2%
30.9%
Q4 24
-35.8%
20.4%
Q3 24
2.2%
29.1%
Q2 24
8.8%
32.3%
Net Margin
BATRA
BATRA
FSUN
FSUN
Q1 26
19.6%
Q4 25
-67.6%
22.5%
Q3 25
9.6%
21.6%
Q2 25
9.4%
25.0%
Q1 25
-87.7%
24.5%
Q4 24
-36.7%
16.6%
Q3 24
3.4%
22.8%
Q2 24
10.3%
25.5%
EPS (diluted)
BATRA
BATRA
FSUN
FSUN
Q1 26
$0.76
Q4 25
$-0.64
$0.89
Q3 25
$0.47
$0.82
Q2 25
$0.46
$0.93
Q1 25
$-0.66
$0.83
Q4 24
$-0.29
$0.57
Q3 24
$0.16
$0.79
Q2 24
$0.46
$0.88

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
BATRA
BATRA
FSUN
FSUN
Cash + ST InvestmentsLiquidity on hand
$99.9M
$413.7M
Total DebtLower is stronger
$738.6M
Stockholders' EquityBook value
$526.0M
$1.2B
Total Assets
$1.6B
$8.6B
Debt / EquityLower = less leverage
1.40×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
BATRA
BATRA
FSUN
FSUN
Q1 26
$413.7M
Q4 25
$99.9M
$652.6M
Q3 25
$82.2M
$659.9M
Q2 25
$96.2M
$785.1M
Q1 25
$244.7M
$621.4M
Q4 24
$110.1M
$615.9M
Q3 24
$100.9M
$573.7M
Q2 24
$121.2M
$535.8M
Total Debt
BATRA
BATRA
FSUN
FSUN
Q1 26
Q4 25
$738.6M
Q3 25
$759.9M
Q2 25
$703.1M
Q1 25
$699.5M
Q4 24
$617.1M
Q3 24
$640.1M
Q2 24
$600.0M
Stockholders' Equity
BATRA
BATRA
FSUN
FSUN
Q1 26
$1.2B
Q4 25
$526.0M
$1.2B
Q3 25
$560.3M
$1.1B
Q2 25
$522.8M
$1.1B
Q1 25
$486.1M
$1.1B
Q4 24
$524.2M
$1.0B
Q3 24
$530.4M
$1.0B
Q2 24
$512.7M
$996.6M
Total Assets
BATRA
BATRA
FSUN
FSUN
Q1 26
$8.6B
Q4 25
$1.6B
$8.5B
Q3 25
$1.7B
$8.5B
Q2 25
$1.7B
$8.4B
Q1 25
$1.7B
$8.2B
Q4 24
$1.5B
$8.1B
Q3 24
$1.6B
$8.1B
Q2 24
$1.6B
$8.0B
Debt / Equity
BATRA
BATRA
FSUN
FSUN
Q1 26
Q4 25
1.40×
Q3 25
1.36×
Q2 25
1.34×
Q1 25
1.44×
Q4 24
1.18×
Q3 24
1.21×
Q2 24
1.17×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
BATRA
BATRA
FSUN
FSUN
Operating Cash FlowLast quarter
$26.4M
Free Cash FlowOCF − Capex
FCF MarginFCF / Revenue
Capex IntensityCapex / Revenue
0.0%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
BATRA
BATRA
FSUN
FSUN
Q1 26
Q4 25
$26.4M
$111.5M
Q3 25
$-88.8M
$49.4M
Q2 25
$-8.1M
$15.0M
Q1 25
$95.8M
$26.4M
Q4 24
$28.9M
$101.1M
Q3 24
$-69.0M
$48.1M
Q2 24
$-34.3M
$20.9M
Free Cash Flow
BATRA
BATRA
FSUN
FSUN
Q1 26
Q4 25
$104.0M
Q3 25
$47.6M
Q2 25
$-82.3M
$13.0M
Q1 25
$76.3M
$24.3M
Q4 24
$16.8M
$95.7M
Q3 24
$-85.5M
$47.1M
Q2 24
$-64.1M
$19.9M
FCF Margin
BATRA
BATRA
FSUN
FSUN
Q1 26
Q4 25
94.3%
Q3 25
44.4%
Q2 25
-26.3%
12.3%
Q1 25
161.5%
25.3%
Q4 24
32.3%
97.0%
Q3 24
-29.4%
47.9%
Q2 24
-22.7%
20.6%
Capex Intensity
BATRA
BATRA
FSUN
FSUN
Q1 26
Q4 25
0.0%
6.8%
Q3 25
0.0%
1.6%
Q2 25
23.7%
1.9%
Q1 25
41.3%
2.1%
Q4 24
23.2%
5.5%
Q3 24
5.7%
1.1%
Q2 24
10.5%
1.1%
Cash Conversion
BATRA
BATRA
FSUN
FSUN
Q1 26
Q4 25
4.49×
Q3 25
-2.96×
2.13×
Q2 25
-0.28×
0.57×
Q1 25
1.12×
Q4 24
6.18×
Q3 24
-6.89×
2.15×
Q2 24
-1.18×
0.85×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

BATRA
BATRA

Baseball$34.8M57%
Mixed Use Development Segment$26.5M43%

FSUN
FSUN

Net Interest Income$82.8M75%
Noninterest Income$27.2M25%

Related Comparisons