BATRA on Nasdaq
Atlanta Braves Holdings, Inc.
Price unavailable
Last updated Oct 16, 2026.
Overview
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Financials
From the company’s reports to the SEC. Every number links to the filing it came from.
Key numbers, fiscal 2025
-1.8%Operating margin2
-3.2%Net margin2
10.5%Revenue growth, 20252
-4.4%Return on equity2
0.99×Debt to equity2
What sells
Revenue by product, business segment and region, as the company reports it to the SEC.
Products and services
Baseball Event brought in 49% of the revenue Atlanta Braves Holdings, Inc. broke down this way in fiscal 2025.
Products and services by year
| Products and services | 2023 | 2024 | 2025 |
|---|---|---|---|
| Baseball Event | $339.5M | $347.9M | $357.8M |
| Broadcasting | $160.9M | $166.1M | $188.6M |
| Mixed-Use Development | $59.0M | $67.3M | $97.4M |
| Retail And Licensing | $51.5M | $47.8M | $46.5M |
| Product and Service, Other | $29.7M | $33.7M | $42.1M |
Business segments
Baseball. brought in 87% of the revenue Atlanta Braves Holdings, Inc. broke down this way in fiscal 2025.
Business segments by year
| Business segments | 2023 | 2024 | 2025 |
|---|---|---|---|
| Baseball. | $581.7M | $595.4M | $635.1M |
| Mixed Use Development | $59.0M | $67.3M | $97.4M |
Where the money goes
Where each dollar of revenue went, fiscal 2025
- Selling, general and admin18¢$128.9M
- Other costs82¢$602.8M
- Income tax0¢$831.0K
Out of $732.5M in revenue.2 The company lost money this year.
Where each dollar of operating cash went, fiscal 2025
- Kept or used elsewhere100¢$25.2M
Out of $25.2M of cash from operations.2
Financial statements
Every line of the income statement in the latest annual report, as filed.2
| Period ending | 2025-12-31 | 2024-12-31 | 2023-12-31 |
|---|---|---|---|
| Revenue | $732.5M | $662.7M | $640.7M |
| Selling, general and administrative, including stock-based compensation | $128.9M | $125.7M | $124.9M |
| Impairment expense | $30.1M | ||
| Depreciation and amortization | $75.6M | $62.8M | $71.0M |
| Total operating costs and expenses | $746.0M | $702.4M | $687.1M |
| Operating income (loss) | -$13.5M | -$39.7M | -$46.4M |
| Interest expense | -$46.4M | -$38.8M | -$37.7M |
| Share of earnings (losses) of affiliates, net (note 5) | $29.4M | $30.5M | $27.0M |
| Realized and unrealized gains (losses) on intergroup interests, net | -$83.2M | ||
| Realized and unrealized gains (losses) on financial instruments, net | -$1.0M | $3.4M | $2.3M |
| Gains (losses) on dispositions, net | $2.3M | ||
| Other, net | $7.4M | $8.6M | $6.5M |
| Earnings (loss) before income taxes | -$24.1M | -$35.9M | -$129.2M |
| Income tax benefit (expense) (note 9) | $831.0K | $4.7M | $3.9M |
| Net earnings (loss) | -$23.3M | -$31.3M | -$125.3M |
| Less net earnings (loss) attributable to noncontrolling interests | $87.0K | ||
| Net earnings (loss) attributable to Atlanta Braves Holdings' shareholders | -$23.4M | -$31.3M | -$125.3M |
| Basic net earnings (loss) attributable to Atlanta Braves Holdings, Inc. shareholders per common share (note 2) (in dollars per share) | -$0.37 | -$0.50 | -$2.03 |
| Diluted net earnings (loss) attributable to Atlanta Braves Holdings, Inc. shareholders per common share (in dollars per share) | -$0.37 | -$0.50 | -$2.03 |
Every line of the balance sheet in the latest annual report, as filed.2
| Period ending | 2025-12-31 | 2024-12-31 | 2023-12-31 |
|---|---|---|---|
| Cash and cash equivalents | $99.9M | $110.1M | $125.1M |
| Restricted cash | $11.7M | $2.5M | $12.6M |
| Accounts receivable and contract assets, net of allowance for credit losses of $343 and $238, respectively | $33.6M | $50.0M | |
| Other current assets | $13.6M | $16.6M | |
| Total current assets | $158.7M | $179.1M | |
| Property and equipment, at cost (note 4) | $1.3B | $1.2B | |
| Accumulated depreciation | -$397.1M | -$354.3M | |
| Property and equipment, net | $868.9M | $807.5M | |
| Investments in affiliates, accounted for using the equity method (note 5) | $116.8M | $108.8M | |
| Goodwill | $175.8M | $175.8M | |
| Franchise rights | $123.7M | $123.7M | |
| Intangible assets, Total | $299.5M | $299.5M | |
| Other assets, net | $171.1M | $129.0M | |
| Total assets | $1.6B | $1.5B | |
| Accounts payable and accrued liabilities | $43.5M | $63.7M | |
| Deferred revenue and refundable tickets | $109.8M | $111.9M | |
| Current portion of debt (note 6) | $215.3M | $104.2M | |
| Other current liabilities | $8.4M | $6.9M | |
| Total current liabilities | $377.0M | $286.7M | |
| Long-term debt (note 6) | $523.3M | $512.9M | |
| Finance lease liabilities (note 7) | $98.6M | $103.8M | |
| Deferred income tax liabilities (note 9) | $41.3M | $43.5M | |
| Pension liability (note 8) | $1.8M | $6.6M | |
| Other noncurrent liabilities | $34.8M | $34.1M | |
| Total liabilities | $1.1B | $987.6M | |
| Additional paid-in capital | $1.1B | $1.1B | |
| Accumulated other comprehensive earnings (loss), net of taxes | -$2.7M | -$3.4M | |
| Retained earnings (deficit) | -$609.0M | -$585.6M | |
| Total shareholders' equity | $526.0M | $524.2M | |
| Noncontrolling interests in equity of subsidiaries | $12.1M | $12.0M | |
| Total equity | $538.2M | $536.2M | $540.6M |
| Total liabilities and equity | $1.6B | $1.5B | |
| Allowance for credit losses | $343.0K | $238.0K | |
| Preferred stock, par value per share | $0.01 | $0.01 | |
| Preferred stock, shares authorized | 50.0M shares | 50.0M shares | |
| Preferred stock, shares issued | 0 shares | 0 shares |
Cash flow is reported year to date, not quarter by quarter, so there are no separate quarterly figures.
Every line of the cash flow in the latest annual report, as filed.2
| Period ending | 2025-12-31 | 2024-12-31 | 2023-12-31 |
|---|---|---|---|
| Net earnings (loss) | -$23.3M | -$31.3M | -$125.3M |
| Depreciation and amortization | $75.6M | $62.8M | $71.0M |
| Stock-based compensation | $15.6M | $16.5M | $13.2M |
| Impairment expense | $30.1M | ||
| Share of (earnings) losses of affiliates, net | -$29.4M | -$30.5M | -$27.0M |
| Realized and unrealized (gains) losses on intergroup interests, net | $83.2M | ||
| Realized and unrealized (gains) losses on financial instruments, net | $1.0M | -$3.4M | -$2.3M |
| (Gains) losses on dispositions, net | -$2.3M | ||
| Deferred income tax expense (benefit) | -$2.4M | -$9.3M | -$7.9M |
| Cash receipts from returns on equity method investments | $21.1M | $21.6M | $22.4M |
| Net cash received (paid) for interest rate swaps | $2.3M | $5.8M | $5.1M |
| Other charges (credits), net | $6.5M | $1.9M | $1.2M |
| Current and other assets | -$57.0M | -$15.8M | -$42.8M |
| Payables and other liabilities | -$14.9M | -$1.7M | $13.1M |
| Net cash provided by (used in) operating activities | $25.2M | $16.6M | $1.6M |
| Capital expended for property and equipment | -$51.3M | -$86.0M | -$69.0M |
| Acquisition of real estate assets | -$93.7M | ||
| Investments in equity method affiliates and equity securities | -$334.0K | -$125.0K | |
| Other investing activities, net | $6.0K | $40.0K | $110.0K |
| Net cash provided by (used in) investing activities | -$145.0M | -$86.3M | -$69.1M |
| Borrowings of debt | $158.2M | $144.9M | $83.0M |
| Repayments of debt | -$41.5M | -$102.4M | -$56.2M |
| Contribution from noncontrolling interest | $12.0M | ||
| Proceeds (disbursements) from exercise of stock options and other stock issuances | $9.1M | $6.4M | -$689.0K |
| Other financing activities, net | -$6.9M | -$4.3M | -$5.9M |
| Net cash provided by (used in) financing activities | $118.8M | $44.6M | $32.3M |
| Net increase (decrease) in cash, cash equivalents and restricted cash | -$1.0M | -$25.1M | -$35.1M |
Recent filings
- Oct 1, 20264
- Oct 1, 20264
- Sep 30, 2026144
- Sep 29, 2026144
- Sep 2, 2026SCHEDULE 13D/A
- Aug 21, 20264
- Aug 19, 2026144
- Aug 14, 2026SCHEDULE 13G/A
- Aug 5, 20268-K
- Aug 5, 202610-Q
- Jul 31, 2026SCHEDULE 13G/A
- May 22, 20268-K
- May 15, 2026SCHEDULE 13G
- May 11, 20268-K
- May 11, 202610-Q
Every filing from the last three years, summarized. The full record is on SEC EDGAR.1
Sources
The numbers on this page point here. Each one links to the record it came from.
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