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Atlanta Braves Holdings (BATRA) Q3 FY2026 earnings: revenue $325 million, up 4.2% on the year

Atlanta Braves Holdings, Inc. (BATRA) reported revenue of $325 million for Q3 FY2026, the quarter ended 30 September 2026, up 4.2% on the same quarter a year earlier. Net income was $10 million, down 67.3% on the year, and diluted earnings per share $0.15. The figures are the company's own, from the 10-Q it filed with the SEC on 4 November 2026.

Revenue
$325 million
+4.2% on the year · +6.4% on the quarter
Q4 FY2024Q3 FY2026
Operating margin
2.7%
12.5% a year earlier
Q4 FY2024Q3 FY2026
Net income
$10 million
-67.3% on the year
Q4 FY2024Q3 FY2026
Diluted EPS
$0.15
-68.1% on the year
Q4 FY2024Q3 FY2026

this quarterthe same quarter a year earlierHover a bar for its figure.

What management said

  • Revenue rose 4% to $325 million: Total revenue was $324.6 million, against $311.5 million a year earlier. Both Baseball and Mixed-Use Development revenue were higher than in the prior year period.
  • Adjusted OIBDA fell 40%: Adjusted OIBDA was $40.6 million, against $67.2 million a year earlier. Nine-month Adjusted OIBDA was $34.8 million, against $104.3 million.
  • Baseball Adjusted OIBDA fell on salaries: Baseball Adjusted OIBDA was $25.5 million, against $50.0 million. Management named higher major league player salaries as the main driver.
Read the earnings call summary

Income statement (profit and loss)

$ millionQ3 FY2026Q2 FY2026Q3 FY2025On the quarterOn the yearLast 8 quarters
Revenue325305312+6.4%+4.2%
Selling, general and administrative41.943.634.8-3.8%+20.6%
Operating income8.7-18.538.9-77.7%
Operating margin2.7%-6.1%12.5%
Interest expense12.311.612.3+6.6%+0.5%
Pre-tax income16.3-13.341.8-61.0%
Income tax6.5-1.211.7-44.4%
Effective tax rate39.9%n/a28.0%
Net income9.8-12.230.0-67.3%
Net margin3.0%-4.0%9.6%
Diluted EPS$0.15-$0.19$0.47-68.1%
$ million except per share.
Read moreFree cash flow is operating cash flow less capital expenditure; the effective tax rate is income tax over pre-tax income; margins are the line over revenue. Gross profit is revenue less cost of revenue, and operating income is revenue less the company's own total costs, where the statement does not print those lines. Those four are arithmetic on the filed numbers; everything else is as filed. Money is in $ million as the company files it, or in $ billion by the switch above the tables; per share figures and share counts are as they are.

Cash flow

$ millionQ3 FY2026Q2 FY2026Q3 FY2025On the quarterOn the yearLast 8 quarters
Operating cash flow-63.8-64.1-88.8
Capital expendituren/an/a0.0
Free cash flown/an/a-88.8
Free cash flow marginn/an/a-28.5%
Cash from investing-4.1-7.2-7.6
Cash from financing34.481.557.4-57.8%-40.0%
Depreciation and amortisation24.923.523.5+6.1%+6.3%
Share-based compensation7.06.84.8+2.1%+46.5%
Diluted shares, weighted65m65m64m-0.0%+1.8%
Shares outstanding at period end64m64m63m+0.5%+2.5%

Cash flow lines for the quarter; where the company files them year to date, the quarter is the difference between two filings.

Balance sheet

$ millionQ3 FY2026Q2 FY2026Q3 FY2025On the quarterOn the yearLast 8 quarters
Shareholders' equity539514560+4.8%-3.8%
Non-controlling interest12.312.412.2-0.1%+1.4%
Debt813793760+2.5%+7.0%
Finance lease liabilities97.796.7102+1.0%-4.1%
Other liabilities274324237-15.4%+15.5%
Total liabilities and equity1,7361,7401,671-0.2%+3.9%
Fixed assets853863878-1.2%-2.8%
Goodwill1761761760.0%0.0%
Cash and equivalents12211682.2+4.5%+47.8%
Other assets586585536+0.1%+9.3%
Total assets1,7361,7401,671-0.2%+3.9%

Questions

What was Atlanta Braves Holdings' revenue in Q3 FY2026?

Atlanta Braves Holdings (BATRA) reported revenue of $325 million for Q3 FY2026, the quarter ended 30 September 2026, up 4.2% on the same quarter a year earlier.

How much did Atlanta Braves Holdings earn in Q3 FY2026?

Net income for Q3 FY2026 was $10 million, down 67.3% on the year, and diluted earnings per share $0.15.

When did Atlanta Braves Holdings report Q3 FY2026 results?

Atlanta Braves Holdings filed its 10-Q for the quarter ended 30 September 2026 with the SEC on 4 November 2026.

Quarterly results, the last 17 quarters

Q2 FY2022Q3 FY2022Q1 FY2023Q2 FY2023 †Q3 FY2023Q4 FY2023 *Q1 FY2024Q2 FY2024Q3 FY2024Q4 FY2024 *Q1 FY2025Q2 FY2025Q3 FY2025Q4 FY2025 *Q1 FY2026Q2 FY2026Q3 FY2026
Revenue25024531.027027267.737.128329152.147.231231261.372.0305325
SG&A33.027.726.833.734.329.727.133.437.128.127.234.934.832.035.343.641.9
Operating income27.6-4.7-49.319.515.7-32.4-52.424.96.4-18.6-44.541.838.9-49.8-41.3-18.58.7
Operating margin11%-2%-159%7%6%-48%-141%9%2%-36%-94%13%12%-81%-57%-6%3%
Interest expense6.48.08.99.49.79.79.49.79.610.110.311.712.312.211.211.612.3
Pre-tax income72.9-27.6-72.3-20.82.2-38.3-55.430.09.9-20.4-53.941.841.8-53.8-50.6-13.316.3
Tax rate13%n/an/an/a374%n/an/a3%-1%n/an/a29%28%n/an/an/a40%
Net income63.7-29.9-58.0-28.9-6.0-32.4-51.329.110.0-19.1-41.429.530.0-41.4-40.5-12.29.8
Net margin25%-12%-187%-11%-2%-48%-138%10%3%-37%-88%9%10%-68%-56%-4%3%
Diluted EPSn/a-$0.48-$0.94-$0.47-$0.10-$0.52-$0.83$0.46$0.16-$0.31-$0.66$0.46$0.47-$0.66-$0.63-$0.19$0.15
Operating cash flown/a-78.684.6-48.7-57.222.991.1-34.3-69.028.995.8-8.1-88.826.462.5-64.1-63.8
Capital expendituren/a5.513.616.115.623.727.629.816.512.119.574.20.00.0n/an/an/a
Free cash flown/a-84.270.9-64.7-72.8-0.863.4-64.1-85.516.876.3-82.3-88.826.4n/an/an/a
Shares outstandingn/an/an/an/an/an/an/an/an/a63m63m63m63m64m64m64m64m
Filing10-Q10-Q10-Q10-Q10-Q10-K10-Q10-Q10-Q10-K10-Q10-Q10-Q10-K10-Q10-Q10-Q
Each quarter as filed, linked to its filing.
Read more* The fourth quarter is the full year less the first three quarters, because the company files the year and not the quarter on its own. A fourth quarter's EPS, and its diluted share count where shown, are from the company's results press release for that quarter, checked against the company's filed figures or a second data source. A quarter marked † is shown as the company last restated it in a later filing, so it compares with the quarters around it on one basis; rest on a figure for the one first filed. EPS is as filed. Money is in $ million as the company files it, or in $ billion by the switch above the tables; per share figures and the share count are as they are. Free cash flow is operating cash flow less capital expenditure; the effective tax rate is income tax over pre-tax income; margins are the line over revenue. Gross profit is revenue less cost of revenue, and operating income is revenue less the company's own total costs, where the statement does not print those lines. Cash flow lines filed year to date are the difference between two filings. Shares outstanding are at the period end where the balance sheet tags them, otherwise the count on the filing's cover page. A derived fourth-quarter EPS is left blank when a split in the year makes the arithmetic meaningless.

10-Q for the period ended 30 September 2026, filed 4 November 2026: the filing.