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Side-by-side financial comparison of Atlanta Braves Holdings, Inc. (BATRA) and HEALTHSTREAM INC (HSTM). Click either name above to swap in a different company.
HEALTHSTREAM INC is the larger business by last-quarter revenue ($79.7M vs $61.3M, roughly 1.3× Atlanta Braves Holdings, Inc.). On growth, Atlanta Braves Holdings, Inc. posted the faster year-over-year revenue change (17.6% vs 7.4%). Over the past eight quarters, HEALTHSTREAM INC's revenue compounded faster (4.7% 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.
HealthStream Inc is a leading U.S.-based provider of workforce development, compliance, and training solutions tailored for the healthcare industry. It offers cloud-based platforms covering clinical skill training, talent management, patient safety education, and regulatory adherence tools, serving over 4,000 healthcare organizations including hospitals, clinics, and long-term care facilities nationwide.
BATRA vs HSTM — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $61.3M | $79.7M |
| Net Profit | $-41.4M | — |
| Gross Margin | — | — |
| Operating Margin | -81.2% | 3.0% |
| Net Margin | -67.6% | — |
| Revenue YoY | 17.6% | 7.4% |
| Net Profit YoY | -116.7% | — |
| EPS (diluted) | $-0.64 | $0.09 |
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.
| Q4 25 | $61.3M | $79.7M | ||
| Q3 25 | $311.5M | $76.5M | ||
| Q2 25 | $312.4M | $74.4M | ||
| Q1 25 | $47.2M | $73.5M | ||
| Q4 24 | $52.1M | $74.2M | ||
| Q3 24 | $290.7M | $73.1M | ||
| Q2 24 | $282.9M | $71.6M | ||
| Q1 24 | — | $72.8M |
| Q4 25 | $-41.4M | — | ||
| Q3 25 | $30.0M | $6.1M | ||
| Q2 25 | $29.5M | $5.4M | ||
| Q1 25 | $-41.4M | $4.3M | ||
| Q4 24 | $-19.1M | — | ||
| Q3 24 | $10.0M | $5.7M | ||
| Q2 24 | $29.1M | $4.2M | ||
| Q1 24 | — | $5.2M |
| Q4 25 | -81.2% | 3.0% | ||
| Q3 25 | 12.5% | 9.9% | ||
| Q2 25 | 13.4% | 7.9% | ||
| Q1 25 | -94.2% | 6.0% | ||
| Q4 24 | -35.8% | 6.3% | ||
| Q3 24 | 2.2% | 8.9% | ||
| Q2 24 | 8.8% | 6.2% | ||
| Q1 24 | — | 7.8% |
| Q4 25 | -67.6% | — | ||
| Q3 25 | 9.6% | 8.0% | ||
| Q2 25 | 9.4% | 7.2% | ||
| Q1 25 | -87.7% | 5.9% | ||
| Q4 24 | -36.7% | — | ||
| Q3 24 | 3.4% | 7.8% | ||
| Q2 24 | 10.3% | 5.8% | ||
| Q1 24 | — | 7.2% |
| Q4 25 | $-0.64 | $0.09 | ||
| Q3 25 | $0.47 | $0.20 | ||
| Q2 25 | $0.46 | $0.18 | ||
| Q1 25 | $-0.66 | $0.14 | ||
| Q4 24 | $-0.29 | $0.16 | ||
| Q3 24 | $0.16 | $0.19 | ||
| Q2 24 | $0.46 | $0.14 | ||
| Q1 24 | — | $0.17 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $99.9M | $36.2M |
| Total DebtLower is stronger | $738.6M | — |
| Stockholders' EquityBook value | $526.0M | $354.0M |
| Total Assets | $1.6B | $520.4M |
| Debt / EquityLower = less leverage | 1.40× | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $99.9M | $36.2M | ||
| Q3 25 | $82.2M | $53.5M | ||
| Q2 25 | $96.2M | $52.1M | ||
| Q1 25 | $244.7M | $77.3M | ||
| Q4 24 | $110.1M | $59.5M | ||
| Q3 24 | $100.9M | $57.5M | ||
| Q2 24 | $121.2M | $46.1M | ||
| Q1 24 | — | $52.4M |
| 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 | — | ||
| Q1 24 | — | — |
| Q4 25 | $526.0M | $354.0M | ||
| Q3 25 | $560.3M | $349.2M | ||
| Q2 25 | $522.8M | $350.6M | ||
| Q1 25 | $486.1M | $362.8M | ||
| Q4 24 | $524.2M | $359.4M | ||
| Q3 24 | $530.4M | $355.5M | ||
| Q2 24 | $512.7M | $349.2M | ||
| Q1 24 | — | $344.9M |
| Q4 25 | $1.6B | $520.4M | ||
| Q3 25 | $1.7B | $499.9M | ||
| Q2 25 | $1.7B | $500.1M | ||
| Q1 25 | $1.7B | $524.0M | ||
| Q4 24 | $1.5B | $510.8M | ||
| Q3 24 | $1.6B | $502.8M | ||
| Q2 24 | $1.6B | $499.6M | ||
| Q1 24 | — | $511.6M |
| 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× | — | ||
| Q1 24 | — | — |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | $26.4M | $13.2M |
| Free Cash FlowOCF − Capex | — | $13.0M |
| FCF MarginFCF / Revenue | — | 16.3% |
| Capex IntensityCapex / Revenue | 0.0% | 0.3% |
| Cash ConversionOCF / Net Profit | — | — |
| TTM Free Cash FlowTrailing 4 quarters | — | $59.6M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $26.4M | $13.2M | ||
| Q3 25 | $-88.8M | $18.0M | ||
| Q2 25 | $-8.1M | $5.0M | ||
| Q1 25 | $95.8M | $27.1M | ||
| Q4 24 | $28.9M | $11.2M | ||
| Q3 24 | $-69.0M | $19.1M | ||
| Q2 24 | $-34.3M | $6.5M | ||
| Q1 24 | — | $20.9M |
| Q4 25 | — | $13.0M | ||
| Q3 25 | — | $17.9M | ||
| Q2 25 | $-82.3M | $2.7M | ||
| Q1 25 | $76.3M | $26.0M | ||
| Q4 24 | $16.8M | $11.0M | ||
| Q3 24 | $-85.5M | $18.8M | ||
| Q2 24 | $-64.1M | $6.3M | ||
| Q1 24 | — | $20.2M |
| Q4 25 | — | 16.3% | ||
| Q3 25 | — | 23.4% | ||
| Q2 25 | -26.3% | 3.6% | ||
| Q1 25 | 161.5% | 35.4% | ||
| Q4 24 | 32.3% | 14.8% | ||
| Q3 24 | -29.4% | 25.8% | ||
| Q2 24 | -22.7% | 8.8% | ||
| Q1 24 | — | 27.8% |
| Q4 25 | 0.0% | 0.3% | ||
| Q3 25 | 0.0% | 0.1% | ||
| Q2 25 | 23.7% | 3.1% | ||
| Q1 25 | 41.3% | 1.4% | ||
| Q4 24 | 23.2% | 0.3% | ||
| Q3 24 | 5.7% | 0.4% | ||
| Q2 24 | 10.5% | 0.2% | ||
| Q1 24 | — | 1.0% |
| Q4 25 | — | — | ||
| Q3 25 | -2.96× | 2.96× | ||
| Q2 25 | -0.28× | 0.93× | ||
| Q1 25 | — | 6.25× | ||
| Q4 24 | — | — | ||
| Q3 24 | -6.89× | 3.34× | ||
| Q2 24 | -1.18× | 1.55× | ||
| Q1 24 | — | 4.01× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
BATRA
| Baseball | $34.8M | 57% |
| Mixed Use Development Segment | $26.5M | 43% |
HSTM
| Subscription Services | $77.0M | 97% |
| Professional Services | $2.7M | 3% |
