vs
Side-by-side financial comparison of Atlanta Braves Holdings, Inc. (BATRA) and CS Disco, Inc. (LAW). Click either name above to swap in a different company.
Atlanta Braves Holdings, Inc. is the larger business by last-quarter revenue ($61.3M vs $41.2M, roughly 1.5× CS Disco, Inc.). CS Disco, Inc. runs the higher net margin — -20.7% vs -67.6%, a 47.0% gap on every dollar of revenue. On growth, Atlanta Braves Holdings, Inc. posted the faster year-over-year revenue change (17.6% vs 11.3%). Over the past eight quarters, CS Disco, Inc.'s revenue compounded faster (7.6% 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.
CS Disco, Inc. is a leading legal technology provider that develops cloud-based software solutions for legal practitioners. Its core offerings include e-discovery, document review, case management, and legal workflow automation tools, serving law firms, corporate legal teams, and government legal departments primarily in North America.
BATRA vs LAW — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $61.3M | $41.2M |
| Net Profit | $-41.4M | $-8.5M |
| Gross Margin | — | 75.1% |
| Operating Margin | -81.2% | -22.4% |
| Net Margin | -67.6% | -20.7% |
| Revenue YoY | 17.6% | 11.3% |
| Net Profit YoY | -116.7% | 66.3% |
| EPS (diluted) | $-0.64 | $-0.13 |
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 | $41.2M | ||
| Q3 25 | $311.5M | $40.9M | ||
| Q2 25 | $312.4M | $38.1M | ||
| Q1 25 | $47.2M | $36.7M | ||
| Q4 24 | $52.1M | $37.0M | ||
| Q3 24 | $290.7M | $36.3M | ||
| Q2 24 | $282.9M | $36.0M | ||
| Q1 24 | — | $35.6M |
| Q4 25 | $-41.4M | $-8.5M | ||
| Q3 25 | $30.0M | $-13.7M | ||
| Q2 25 | $29.5M | $-10.8M | ||
| Q1 25 | $-41.4M | $-11.4M | ||
| Q4 24 | $-19.1M | $-25.2M | ||
| Q3 24 | $10.0M | $-9.2M | ||
| Q2 24 | $29.1M | $-10.8M | ||
| Q1 24 | — | $-10.6M |
| Q4 25 | — | 75.1% | ||
| Q3 25 | — | 75.5% | ||
| Q2 25 | — | 74.6% | ||
| Q1 25 | — | 74.1% | ||
| Q4 24 | — | 74.2% | ||
| Q3 24 | — | 73.1% | ||
| Q2 24 | — | 74.2% | ||
| Q1 24 | — | 75.1% |
| Q4 25 | -81.2% | -22.4% | ||
| Q3 25 | 12.5% | -35.3% | ||
| Q2 25 | 13.4% | -31.0% | ||
| Q1 25 | -94.2% | -34.4% | ||
| Q4 24 | -35.8% | -70.6% | ||
| Q3 24 | 2.2% | -30.0% | ||
| Q2 24 | 8.8% | -34.4% | ||
| Q1 24 | — | -34.7% |
| Q4 25 | -67.6% | -20.7% | ||
| Q3 25 | 9.6% | -33.4% | ||
| Q2 25 | 9.4% | -28.4% | ||
| Q1 25 | -87.7% | -31.1% | ||
| Q4 24 | -36.7% | -68.1% | ||
| Q3 24 | 3.4% | -25.3% | ||
| Q2 24 | 10.3% | -30.1% | ||
| Q1 24 | — | -29.7% |
| Q4 25 | $-0.64 | $-0.13 | ||
| Q3 25 | $0.47 | $-0.22 | ||
| Q2 25 | $0.46 | $-0.18 | ||
| Q1 25 | $-0.66 | $-0.19 | ||
| Q4 24 | $-0.29 | $-0.43 | ||
| Q3 24 | $0.16 | $-0.15 | ||
| Q2 24 | $0.46 | $-0.18 | ||
| 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 | $114.6M |
| Total DebtLower is stronger | $738.6M | — |
| Stockholders' EquityBook value | $526.0M | $128.1M |
| Total Assets | $1.6B | $173.6M |
| Debt / EquityLower = less leverage | 1.40× | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $99.9M | $114.6M | ||
| Q3 25 | $82.2M | $113.5M | ||
| Q2 25 | $96.2M | $114.5M | ||
| Q1 25 | $244.7M | $118.8M | ||
| Q4 24 | $110.1M | $129.1M | ||
| Q3 24 | $100.9M | $126.8M | ||
| Q2 24 | $121.2M | $130.0M | ||
| Q1 24 | — | $148.7M |
| 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 | $128.1M | ||
| Q3 25 | $560.3M | $130.6M | ||
| Q2 25 | $522.8M | $137.9M | ||
| Q1 25 | $486.1M | $142.2M | ||
| Q4 24 | $524.2M | $147.5M | ||
| Q3 24 | $530.4M | $167.3M | ||
| Q2 24 | $512.7M | $170.9M | ||
| Q1 24 | — | $193.2M |
| Q4 25 | $1.6B | $173.6M | ||
| Q3 25 | $1.7B | $174.8M | ||
| Q2 25 | $1.7B | $164.9M | ||
| Q1 25 | $1.7B | $168.0M | ||
| Q4 24 | $1.5B | $180.3M | ||
| Q3 24 | $1.6B | $194.4M | ||
| Q2 24 | $1.6B | $198.0M | ||
| Q1 24 | — | $217.3M |
| 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 | $762.0K |
| Free Cash FlowOCF − Capex | — | $255.0K |
| FCF MarginFCF / Revenue | — | 0.6% |
| Capex IntensityCapex / Revenue | 0.0% | 1.2% |
| Cash ConversionOCF / Net Profit | — | — |
| TTM Free Cash FlowTrailing 4 quarters | — | $-18.0M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $26.4M | $762.0K | ||
| Q3 25 | $-88.8M | $-979.0K | ||
| Q2 25 | $-8.1M | $-4.2M | ||
| Q1 25 | $95.8M | $-10.5M | ||
| Q4 24 | $28.9M | $2.1M | ||
| Q3 24 | $-69.0M | $-2.9M | ||
| Q2 24 | $-34.3M | $-650.0K | ||
| Q1 24 | — | $-7.3M |
| Q4 25 | — | $255.0K | ||
| Q3 25 | — | $-2.0M | ||
| Q2 25 | $-82.3M | $-5.2M | ||
| Q1 25 | $76.3M | $-11.0M | ||
| Q4 24 | $16.8M | $1.5M | ||
| Q3 24 | $-85.5M | $-3.7M | ||
| Q2 24 | $-64.1M | $-1.3M | ||
| Q1 24 | — | $-8.0M |
| Q4 25 | — | 0.6% | ||
| Q3 25 | — | -5.0% | ||
| Q2 25 | -26.3% | -13.6% | ||
| Q1 25 | 161.5% | -30.1% | ||
| Q4 24 | 32.3% | 4.1% | ||
| Q3 24 | -29.4% | -10.3% | ||
| Q2 24 | -22.7% | -3.6% | ||
| Q1 24 | — | -22.5% |
| Q4 25 | 0.0% | 1.2% | ||
| Q3 25 | 0.0% | 2.6% | ||
| Q2 25 | 23.7% | 2.5% | ||
| Q1 25 | 41.3% | 1.4% | ||
| Q4 24 | 23.2% | 1.5% | ||
| Q3 24 | 5.7% | 2.4% | ||
| Q2 24 | 10.5% | 1.8% | ||
| Q1 24 | — | 1.9% |
| Q4 25 | — | — | ||
| Q3 25 | -2.96× | — | ||
| Q2 25 | -0.28× | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | -6.89× | — | ||
| Q2 24 | -1.18× | — | ||
| Q1 24 | — | — |
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% |
LAW
| Software | $35.1M | 85% |
| Services | $6.0M | 15% |
