vs

Side-by-side financial comparison of Atlanta Braves Holdings, Inc. (BATRA) and PUMA BIOTECHNOLOGY, INC. (PBYI). Click either name above to swap in a different company.

PUMA BIOTECHNOLOGY, INC. is the larger business by last-quarter revenue ($75.5M vs $61.3M, roughly 1.2× Atlanta Braves Holdings, Inc.). On growth, PUMA BIOTECHNOLOGY, INC. posted the faster year-over-year revenue change (27.7% vs 17.6%). Over the past eight quarters, PUMA BIOTECHNOLOGY, INC.'s revenue compounded faster (31.3% 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.

Puma Biotechnology is a publicly traded biopharmaceutical company headquartered in Los Angeles, CA.

BATRA vs PBYI — Head-to-Head

Bigger by revenue
PBYI
PBYI
1.2× larger
PBYI
$75.5M
$61.3M
BATRA
Growing faster (revenue YoY)
PBYI
PBYI
+10.1% gap
PBYI
27.7%
17.6%
BATRA
Faster 2-yr revenue CAGR
PBYI
PBYI
Annualised
PBYI
31.3%
-52.5%
BATRA

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
BATRA
BATRA
PBYI
PBYI
Revenue
$61.3M
$75.5M
Net Profit
$-41.4M
Gross Margin
69.3%
Operating Margin
-81.2%
22.7%
Net Margin
-67.6%
Revenue YoY
17.6%
27.7%
Net Profit YoY
-116.7%
EPS (diluted)
$-0.64
$0.26

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
PBYI
PBYI
Q4 25
$61.3M
$75.5M
Q3 25
$311.5M
$54.5M
Q2 25
$312.4M
$52.4M
Q1 25
$47.2M
$46.0M
Q4 24
$52.1M
$59.1M
Q3 24
$290.7M
$80.5M
Q2 24
$282.9M
$47.1M
Q1 24
$43.8M
Net Profit
BATRA
BATRA
PBYI
PBYI
Q4 25
$-41.4M
Q3 25
$30.0M
$8.8M
Q2 25
$29.5M
$5.9M
Q1 25
$-41.4M
$3.0M
Q4 24
$-19.1M
Q3 24
$10.0M
$20.3M
Q2 24
$29.1M
$-4.5M
Q1 24
$-4.8M
Gross Margin
BATRA
BATRA
PBYI
PBYI
Q4 25
69.3%
Q3 25
77.7%
Q2 25
76.5%
Q1 25
77.1%
Q4 24
76.4%
Q3 24
63.9%
Q2 24
77.4%
Q1 24
75.5%
Operating Margin
BATRA
BATRA
PBYI
PBYI
Q4 25
-81.2%
22.7%
Q3 25
12.5%
17.6%
Q2 25
13.4%
12.7%
Q1 25
-94.2%
8.7%
Q4 24
-35.8%
22.6%
Q3 24
2.2%
27.4%
Q2 24
8.8%
-4.6%
Q1 24
-5.3%
Net Margin
BATRA
BATRA
PBYI
PBYI
Q4 25
-67.6%
Q3 25
9.6%
16.2%
Q2 25
9.4%
11.2%
Q1 25
-87.7%
6.5%
Q4 24
-36.7%
Q3 24
3.4%
25.2%
Q2 24
10.3%
-9.6%
Q1 24
-11.0%
EPS (diluted)
BATRA
BATRA
PBYI
PBYI
Q4 25
$-0.64
$0.26
Q3 25
$0.47
$0.17
Q2 25
$0.46
$0.12
Q1 25
$-0.66
$0.06
Q4 24
$-0.29
$0.40
Q3 24
$0.16
$0.41
Q2 24
$0.46
$-0.09
Q1 24
$-0.10

Balance Sheet & Financial Strength

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

Metric
BATRA
BATRA
PBYI
PBYI
Cash + ST InvestmentsLiquidity on hand
$99.9M
$97.5M
Total DebtLower is stronger
$738.6M
$22.7M
Stockholders' EquityBook value
$526.0M
$130.3M
Total Assets
$1.6B
$216.3M
Debt / EquityLower = less leverage
1.40×
0.17×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
BATRA
BATRA
PBYI
PBYI
Q4 25
$99.9M
$97.5M
Q3 25
$82.2M
$94.4M
Q2 25
$96.2M
$96.0M
Q1 25
$244.7M
$93.2M
Q4 24
$110.1M
$101.0M
Q3 24
$100.9M
$96.7M
Q2 24
$121.2M
$96.8M
Q1 24
$107.2M
Total Debt
BATRA
BATRA
PBYI
PBYI
Q4 25
$738.6M
$22.7M
Q3 25
$759.9M
$34.0M
Q2 25
$703.1M
$45.3M
Q1 25
$699.5M
$56.7M
Q4 24
$617.1M
$68.0M
Q3 24
$640.1M
$79.3M
Q2 24
$600.0M
$90.7M
Q1 24
$102.0M
Stockholders' Equity
BATRA
BATRA
PBYI
PBYI
Q4 25
$526.0M
$130.3M
Q3 25
$560.3M
$115.3M
Q2 25
$522.8M
$104.7M
Q1 25
$486.1M
$97.1M
Q4 24
$524.2M
$92.1M
Q3 24
$530.4M
$71.1M
Q2 24
$512.7M
$48.5M
Q1 24
$51.0M
Total Assets
BATRA
BATRA
PBYI
PBYI
Q4 25
$1.6B
$216.3M
Q3 25
$1.7B
$202.9M
Q2 25
$1.7B
$194.9M
Q1 25
$1.7B
$196.2M
Q4 24
$1.5B
$213.3M
Q3 24
$1.6B
$220.7M
Q2 24
$1.6B
$205.0M
Q1 24
$214.1M
Debt / Equity
BATRA
BATRA
PBYI
PBYI
Q4 25
1.40×
0.17×
Q3 25
1.36×
0.30×
Q2 25
1.34×
0.43×
Q1 25
1.44×
0.58×
Q4 24
1.18×
0.74×
Q3 24
1.21×
1.12×
Q2 24
1.17×
1.87×
Q1 24
2.00×

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
PBYI
PBYI
Operating Cash FlowLast quarter
$26.4M
$14.4M
Free Cash FlowOCF − Capex
$14.4M
FCF MarginFCF / Revenue
19.1%
Capex IntensityCapex / Revenue
0.0%
0.0%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$41.7M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
BATRA
BATRA
PBYI
PBYI
Q4 25
$26.4M
$14.4M
Q3 25
$-88.8M
$9.7M
Q2 25
$-8.1M
$14.1M
Q1 25
$95.8M
$3.6M
Q4 24
$28.9M
$15.6M
Q3 24
$-69.0M
$11.0M
Q2 24
$-34.3M
$1.0M
Q1 24
$11.2M
Free Cash Flow
BATRA
BATRA
PBYI
PBYI
Q4 25
$14.4M
Q3 25
$9.7M
Q2 25
$-82.3M
$14.1M
Q1 25
$76.3M
$3.6M
Q4 24
$16.8M
$15.6M
Q3 24
$-85.5M
$11.0M
Q2 24
$-64.1M
$1.0M
Q1 24
FCF Margin
BATRA
BATRA
PBYI
PBYI
Q4 25
19.1%
Q3 25
17.7%
Q2 25
-26.3%
26.8%
Q1 25
161.5%
7.7%
Q4 24
32.3%
26.4%
Q3 24
-29.4%
13.7%
Q2 24
-22.7%
2.1%
Q1 24
Capex Intensity
BATRA
BATRA
PBYI
PBYI
Q4 25
0.0%
0.0%
Q3 25
0.0%
0.0%
Q2 25
23.7%
0.0%
Q1 25
41.3%
0.1%
Q4 24
23.2%
0.0%
Q3 24
5.7%
0.0%
Q2 24
10.5%
0.0%
Q1 24
0.0%
Cash Conversion
BATRA
BATRA
PBYI
PBYI
Q4 25
Q3 25
-2.96×
1.10×
Q2 25
-0.28×
2.41×
Q1 25
1.21×
Q4 24
Q3 24
-6.89×
0.54×
Q2 24
-1.18×
Q1 24

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%

PBYI
PBYI

Segment breakdown not available.

Related Comparisons