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Side-by-side financial comparison of Atlanta Braves Holdings, Inc. (BATRA) and Katapult Holdings, Inc. (KPLT). Click either name above to swap in a different company.
Katapult Holdings, Inc. is the larger business by last-quarter revenue ($73.9M vs $72.0M, roughly 1.0× Atlanta Braves Holdings, Inc.). Katapult Holdings, Inc. runs the higher net margin — 26.8% vs -56.1%, a 83.0% gap on every dollar of revenue. On growth, Atlanta Braves Holdings, Inc. posted the faster year-over-year revenue change (52.5% vs 17.3%). Over the past eight quarters, Katapult Holdings, Inc.'s revenue compounded faster (6.6% CAGR vs -49.5%).
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.
Katapult Holdings, Inc. is a U.S.-based fintech company that provides accessible point-of-sale lease-to-purchase solutions for consumers with limited or no traditional credit history. It partners with a wide network of e-commerce platforms and brick-and-mortar retail merchants across segments including electronics, furniture and home goods to offer flexible payment plans for customers to obtain needed products.
BATRA vs KPLT — Head-to-Head
Income Statement — Q1 FY2026 vs Q4 FY2025
| Metric | ||
|---|---|---|
| Revenue | $72.0M | $73.9M |
| Net Profit | $-40.4M | $19.8M |
| Gross Margin | — | 15.6% |
| Operating Margin | — | -1.4% |
| Net Margin | -56.1% | 26.8% |
| Revenue YoY | 52.5% | 17.3% |
| Net Profit YoY | 2.3% | 307.3% |
| EPS (diluted) | $-0.63 | $3.69 |
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.
| Q1 26 | $72.0M | — | ||
| Q4 25 | $61.3M | $73.9M | ||
| Q3 25 | $311.5M | $74.0M | ||
| Q2 25 | $312.4M | $71.9M | ||
| Q1 25 | $47.2M | $71.9M | ||
| Q4 24 | $52.1M | $63.0M | ||
| Q3 24 | $290.7M | $60.3M | ||
| Q2 24 | $282.9M | $58.9M |
| Q1 26 | $-40.4M | — | ||
| Q4 25 | $-41.4M | $19.8M | ||
| Q3 25 | $30.0M | $-4.9M | ||
| Q2 25 | $29.5M | $-7.8M | ||
| Q1 25 | $-41.4M | $-5.7M | ||
| Q4 24 | $-19.1M | $-9.6M | ||
| Q3 24 | $10.0M | $-8.9M | ||
| Q2 24 | $29.1M | $-6.9M |
| Q1 26 | — | — | ||
| Q4 25 | — | 15.6% | ||
| Q3 25 | — | 19.7% | ||
| Q2 25 | — | 15.5% | ||
| Q1 25 | — | 19.9% | ||
| Q4 24 | — | 11.8% | ||
| Q3 24 | — | 19.8% | ||
| Q2 24 | — | 16.9% |
| Q1 26 | — | — | ||
| Q4 25 | -81.2% | -1.4% | ||
| Q3 25 | 12.5% | 3.3% | ||
| Q2 25 | 13.4% | -2.0% | ||
| Q1 25 | -94.2% | -0.7% | ||
| Q4 24 | -35.8% | -7.7% | ||
| Q3 24 | 2.2% | -7.4% | ||
| Q2 24 | 8.8% | -4.5% |
| Q1 26 | -56.1% | — | ||
| Q4 25 | -67.6% | 26.8% | ||
| Q3 25 | 9.6% | -6.7% | ||
| Q2 25 | 9.4% | -10.9% | ||
| Q1 25 | -87.7% | -7.9% | ||
| Q4 24 | -36.7% | -15.2% | ||
| Q3 24 | 3.4% | -14.7% | ||
| Q2 24 | 10.3% | -11.7% |
| Q1 26 | $-0.63 | — | ||
| Q4 25 | $-0.64 | $3.69 | ||
| Q3 25 | $0.47 | $-0.94 | ||
| Q2 25 | $0.46 | $-1.63 | ||
| Q1 25 | $-0.66 | $-1.23 | ||
| Q4 24 | $-0.29 | $-2.17 | ||
| Q3 24 | $0.16 | $-2.05 | ||
| Q2 24 | $0.46 | $-1.61 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | ||
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $135.2M | $22.4M |
| Total DebtLower is stronger | $709.2M | — |
| Stockholders' EquityBook value | $519.0M | $-38.1M |
| Total Assets | $1.7B | $107.9M |
| Debt / EquityLower = less leverage | 1.37× | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | $135.2M | — | ||
| Q4 25 | $99.9M | $22.4M | ||
| Q3 25 | $82.2M | $3.4M | ||
| Q2 25 | $96.2M | $3.7M | ||
| Q1 25 | $244.7M | $6.0M | ||
| Q4 24 | $110.1M | $3.5M | ||
| Q3 24 | $100.9M | $25.9M | ||
| Q2 24 | $121.2M | $33.7M |
| Q1 26 | $709.2M | — | ||
| 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 26 | $519.0M | — | ||
| Q4 25 | $526.0M | $-38.1M | ||
| Q3 25 | $560.3M | $-58.4M | ||
| Q2 25 | $522.8M | $-54.1M | ||
| Q1 25 | $486.1M | $-51.7M | ||
| Q4 24 | $524.2M | $-46.8M | ||
| Q3 24 | $530.4M | $-40.3M | ||
| Q2 24 | $512.7M | $-32.9M |
| Q1 26 | $1.7B | — | ||
| Q4 25 | $1.6B | $107.9M | ||
| Q3 25 | $1.7B | $85.9M | ||
| Q2 25 | $1.7B | $90.6M | ||
| Q1 25 | $1.7B | $88.5M | ||
| Q4 24 | $1.5B | $93.2M | ||
| Q3 24 | $1.6B | $92.0M | ||
| Q2 24 | $1.6B | $106.6M |
| Q1 26 | 1.37× | — | ||
| 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 | ||
|---|---|---|
| Operating Cash FlowLast quarter | — | $-11.9M |
| Free Cash FlowOCF − Capex | — | $-12.0M |
| FCF MarginFCF / Revenue | — | -16.2% |
| Capex IntensityCapex / Revenue | — | 0.0% |
| Cash ConversionOCF / Net Profit | — | -0.60× |
| TTM Free Cash FlowTrailing 4 quarters | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | $26.4M | $-11.9M | ||
| Q3 25 | $-88.8M | $4.0M | ||
| Q2 25 | $-8.1M | $-6.6M | ||
| Q1 25 | $95.8M | $3.4M | ||
| Q4 24 | $28.9M | $-32.6M | ||
| Q3 24 | $-69.0M | $-5.4M | ||
| Q2 24 | $-34.3M | $-628.0K |
| Q1 26 | — | — | ||
| Q4 25 | — | $-12.0M | ||
| Q3 25 | — | $4.0M | ||
| Q2 25 | $-82.3M | — | ||
| Q1 25 | $76.3M | $3.4M | ||
| Q4 24 | $16.8M | $-32.6M | ||
| Q3 24 | $-85.5M | $-5.4M | ||
| Q2 24 | $-64.1M | $-653.0K |
| Q1 26 | — | — | ||
| Q4 25 | — | -16.2% | ||
| Q3 25 | — | 5.4% | ||
| Q2 25 | -26.3% | — | ||
| Q1 25 | 161.5% | 4.7% | ||
| Q4 24 | 32.3% | -51.8% | ||
| Q3 24 | -29.4% | -9.0% | ||
| Q2 24 | -22.7% | -1.1% |
| Q1 26 | — | — | ||
| Q4 25 | 0.0% | 0.0% | ||
| Q3 25 | 0.0% | 0.0% | ||
| Q2 25 | 23.7% | 0.0% | ||
| Q1 25 | 41.3% | 0.0% | ||
| Q4 24 | 23.2% | 0.1% | ||
| Q3 24 | 5.7% | 0.0% | ||
| Q2 24 | 10.5% | 0.0% |
| Q1 26 | — | — | ||
| Q4 25 | — | -0.60× | ||
| Q3 25 | -2.96× | — | ||
| Q2 25 | -0.28× | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | -6.89× | — | ||
| Q2 24 | -1.18× | — |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
BATRA
| Baseball revenue | $45.7M | 64% |
| Baseball event | $23.7M | 33% |
| Broadcasting | $2.5M | 3% |
KPLT
Segment breakdown not available.