vs

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

RIGEL PHARMACEUTICALS INC is the larger business by last-quarter revenue ($69.8M vs $61.3M, roughly 1.1× Atlanta Braves Holdings, Inc.). RIGEL PHARMACEUTICALS INC runs the higher net margin — 384.0% vs -67.6%, a 451.6% gap on every dollar of revenue. On growth, RIGEL PHARMACEUTICALS INC posted the faster year-over-year revenue change (21.2% vs 17.6%). Over the past eight quarters, RIGEL PHARMACEUTICALS INC's revenue compounded faster (53.7% 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.

Rigel Pharmaceuticals Inc is a clinical-stage biotechnology company focused on developing and commercializing targeted small molecule therapies for autoimmune, inflammatory, and hematologic diseases. Its approved flagship product treats adult immune thrombocytopenia, with primary operations and core markets in the United States, addressing unmet medical needs for underserved patient groups.

BATRA vs RIGL — Head-to-Head

Bigger by revenue
RIGL
RIGL
1.1× larger
RIGL
$69.8M
$61.3M
BATRA
Growing faster (revenue YoY)
RIGL
RIGL
+3.6% gap
RIGL
21.2%
17.6%
BATRA
Higher net margin
RIGL
RIGL
451.6% more per $
RIGL
384.0%
-67.6%
BATRA
Faster 2-yr revenue CAGR
RIGL
RIGL
Annualised
RIGL
53.7%
-52.5%
BATRA

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
BATRA
BATRA
RIGL
RIGL
Revenue
$61.3M
$69.8M
Net Profit
$-41.4M
$268.1M
Gross Margin
91.5%
Operating Margin
-81.2%
33.2%
Net Margin
-67.6%
384.0%
Revenue YoY
17.6%
21.2%
Net Profit YoY
-116.7%
1769.2%
EPS (diluted)
$-0.64
$14.11

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
RIGL
RIGL
Q4 25
$61.3M
$69.8M
Q3 25
$311.5M
$69.5M
Q2 25
$312.4M
$101.7M
Q1 25
$47.2M
$53.3M
Q4 24
$52.1M
$57.6M
Q3 24
$290.7M
$55.3M
Q2 24
$282.9M
$36.8M
Q1 24
$29.5M
Net Profit
BATRA
BATRA
RIGL
RIGL
Q4 25
$-41.4M
$268.1M
Q3 25
$30.0M
$27.9M
Q2 25
$29.5M
$59.6M
Q1 25
$-41.4M
$11.4M
Q4 24
$-19.1M
$14.3M
Q3 24
$10.0M
$12.4M
Q2 24
$29.1M
$-1.0M
Q1 24
$-8.2M
Gross Margin
BATRA
BATRA
RIGL
RIGL
Q4 25
91.5%
Q3 25
93.2%
Q2 25
95.6%
Q1 25
91.7%
Q4 24
89.9%
Q3 24
85.5%
Q2 24
92.4%
Q1 24
93.1%
Operating Margin
BATRA
BATRA
RIGL
RIGL
Q4 25
-81.2%
33.2%
Q3 25
12.5%
40.9%
Q2 25
13.4%
60.1%
Q1 25
-94.2%
23.9%
Q4 24
-35.8%
28.9%
Q3 24
2.2%
25.4%
Q2 24
8.8%
1.2%
Q1 24
-23.6%
Net Margin
BATRA
BATRA
RIGL
RIGL
Q4 25
-67.6%
384.0%
Q3 25
9.6%
40.2%
Q2 25
9.4%
58.6%
Q1 25
-87.7%
21.5%
Q4 24
-36.7%
24.9%
Q3 24
3.4%
22.5%
Q2 24
10.3%
-2.8%
Q1 24
-27.9%
EPS (diluted)
BATRA
BATRA
RIGL
RIGL
Q4 25
$-0.64
$14.11
Q3 25
$0.47
$1.46
Q2 25
$0.46
$3.28
Q1 25
$-0.66
$0.63
Q4 24
$-0.29
$0.82
Q3 24
$0.16
$0.70
Q2 24
$0.46
$-0.06
Q1 24
$-0.47

Balance Sheet & Financial Strength

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

Metric
BATRA
BATRA
RIGL
RIGL
Cash + ST InvestmentsLiquidity on hand
$99.9M
$155.0M
Total DebtLower is stronger
$738.6M
$52.5M
Stockholders' EquityBook value
$526.0M
$391.5M
Total Assets
$1.6B
$513.6M
Debt / EquityLower = less leverage
1.40×
0.13×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
BATRA
BATRA
RIGL
RIGL
Q4 25
$99.9M
$155.0M
Q3 25
$82.2M
$137.1M
Q2 25
$96.2M
$108.4M
Q1 25
$244.7M
$77.1M
Q4 24
$110.1M
$77.3M
Q3 24
$100.9M
$61.1M
Q2 24
$121.2M
$49.1M
Q1 24
$49.5M
Total Debt
BATRA
BATRA
RIGL
RIGL
Q4 25
$738.6M
$52.5M
Q3 25
$759.9M
$60.0M
Q2 25
$703.1M
$60.0M
Q1 25
$699.5M
$60.0M
Q4 24
$617.1M
$60.0M
Q3 24
$640.1M
$60.0M
Q2 24
$600.0M
$60.0M
Q1 24
$60.0M
Stockholders' Equity
BATRA
BATRA
RIGL
RIGL
Q4 25
$526.0M
$391.5M
Q3 25
$560.3M
$117.6M
Q2 25
$522.8M
$81.9M
Q1 25
$486.1M
$18.6M
Q4 24
$524.2M
$3.3M
Q3 24
$530.4M
$-14.6M
Q2 24
$512.7M
$-29.9M
Q1 24
$-31.7M
Total Assets
BATRA
BATRA
RIGL
RIGL
Q4 25
$1.6B
$513.6M
Q3 25
$1.7B
$242.5M
Q2 25
$1.7B
$206.7M
Q1 25
$1.7B
$176.0M
Q4 24
$1.5B
$164.0M
Q3 24
$1.6B
$139.4M
Q2 24
$1.6B
$128.4M
Q1 24
$126.5M
Debt / Equity
BATRA
BATRA
RIGL
RIGL
Q4 25
1.40×
0.13×
Q3 25
1.36×
0.51×
Q2 25
1.34×
0.73×
Q1 25
1.44×
3.23×
Q4 24
1.18×
18.25×
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
BATRA
BATRA
RIGL
RIGL
Operating Cash FlowLast quarter
$26.4M
$22.0M
Free Cash FlowOCF − Capex
FCF MarginFCF / Revenue
Capex IntensityCapex / Revenue
0.0%
Cash ConversionOCF / Net Profit
0.08×
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
BATRA
BATRA
RIGL
RIGL
Q4 25
$26.4M
$22.0M
Q3 25
$-88.8M
$24.0M
Q2 25
$-8.1M
$30.5M
Q1 25
$95.8M
$-893.0K
Q4 24
$28.9M
$14.5M
Q3 24
$-69.0M
$21.7M
Q2 24
$-34.3M
$302.0K
Q1 24
$-5.0M
Free Cash Flow
BATRA
BATRA
RIGL
RIGL
Q4 25
Q3 25
Q2 25
$-82.3M
Q1 25
$76.3M
Q4 24
$16.8M
Q3 24
$-85.5M
Q2 24
$-64.1M
Q1 24
FCF Margin
BATRA
BATRA
RIGL
RIGL
Q4 25
Q3 25
Q2 25
-26.3%
Q1 25
161.5%
Q4 24
32.3%
Q3 24
-29.4%
Q2 24
-22.7%
Q1 24
Capex Intensity
BATRA
BATRA
RIGL
RIGL
Q4 25
0.0%
Q3 25
0.0%
Q2 25
23.7%
Q1 25
41.3%
Q4 24
23.2%
Q3 24
5.7%
Q2 24
10.5%
Q1 24
Cash Conversion
BATRA
BATRA
RIGL
RIGL
Q4 25
0.08×
Q3 25
-2.96×
0.86×
Q2 25
-0.28×
0.51×
Q1 25
-0.08×
Q4 24
1.01×
Q3 24
-6.89×
1.75×
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%

RIGL
RIGL

Segment breakdown not available.

Related Comparisons