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Companies / Communication Services / Atlanta Braves Holdings, Inc.
BATRA

Atlanta Braves Holdings, Inc.

Ticker BATRAATLANTA, GAFiscal year ends DecemberBook value per share $8.41Diluted shares 64.0M

Atlanta Braves Holdings, Inc. (Nasdaq: BATRA) owns Braves Holdings, which operates the Atlanta Braves Major League Baseball club and manages Truist Park and nearby mixed-use real estate. Its two reportable segments are Baseball, which earns revenue from tickets, concessions, local and national broadcasting,… From the company’s description.

Over the twelve months to Sep 30, 2026, Atlanta Braves Holdings, Inc. reported revenue of $763.06M, up 5.5% from a year earlier, and a net loss of $84.19M. Its operating margin was −13.2%, and operations used $39.07M in cash. In fiscal 2025, it reported revenue of $732.49M, up 10.5% from fiscal 2024, and a net loss of $23.28M.

Fiscal year 2025 · ends 12-31Changes are against fiscal 2024The amber dot is the latest twelve months, to 2026-09-30
Sales & profitability
$732.49MFY2025
+10.5% year over year
Last 12 mo $763.06M
-1.85%FY2025
+4.1 percentage points
Last 12 mo -13.23%
$-23.28MFY2025
+25.5% year over year
Last 12 mo $-84.19M
1.48%FY2025
+7.4 percentage points
Last 12 mo -15.66%
Cash & financing
$25.24MFY2025
+51.7% year over year
Last 12 mo $-39.07M
$-119.81MFY2025
−72.7% year over year
Last 12 mo $-66.39M
1.59FY2025
Was 1.38× a year earlier
Last 12 mo 1.69
63.6MFY2025
+1.1% year over year
Last 12 mo 64.0M

Margins and return on equity change in ; everything else in percent. Fewer shares and less debt are shown plainly, not as bad news — it depends what you make of buybacks. Dotted labels explain each measure. is shown separately from the annual figures.

What Atlanta Braves Holdings, Inc. does

In the company’s own words

Atlanta Braves Holdings, Inc. (Nasdaq: BATRA) owns Braves Holdings, which operates the Atlanta Braves Major League Baseball club and manages Truist Park and nearby mixed-use real estate. Its two reportable segments are Baseball, which earns revenue from tickets, concessions, local and national broadcasting, sponsorships, premium seating, merchandise and licensing, and Mixed-Use Development, which principally earns rental income from office and retail properties, along with hotel, parking and sponsorship revenue. The Battery Atlanta, surrounding Truist Park, includes retail, offices, hotels, restaurants, residences and entertainment venues, including the Coca-Cola Roxy; Braves Holdings also owns the adjacent Pennant Park office complex. The Braves play at Truist Park and conduct spring training at CoolToday Park in Florida. The company was separated from Liberty Media in 2023, becoming an independent public company. Braves Holdings and its consolidated subsidiaries had approximately 1,610 full-time, seasonal and part-time employees as of December 31, 2025. Its website is www.bravesholdings.com.

Company details
Sector
Communication Services
Industry (SIC)
Services
Headquarters
ATLANTA, GA
Fiscal year end
December
CIK
1958140
SIC
7900

Financial performance, year by year

Fiscal 2023–2025 · USD
$-214.13M$52.38M$318.88M$585.39M$851.89M202320242025Last 12 moLast 12 monthsLast 12 months

The full income statement, balance sheet and cash flow for each of these years — every figure traceable to its filing — is on the Financials tab with a free account.

Ownership

Who owns Atlanta Braves Holdings, Inc. — and what changed

Funds as of 2026Q2 · superinvestors as of 2026-06-30

198
funds hold it
0 of 35
superinvestors hold it
$852.02M
held by funds, at market
27.4%
of shares held by funds

Largest fund holders · Atlanta Braves Holdings, Inc.’s weight in each

VANGUARD TOTAL STOCK MARKET INDEX FUND
VTI · VANGUARD INDEX FUNDS
0.00%of fund net assets
iShares Russell 2000 ETF
IWM · iShares Trust
0.09%of fund net assets
Janus Henderson Venture Fund
JAVTX · Janus Investment Fund
0.99%of fund net assets
VANGUARD EXTENDED MARKET INDEX FUND
VXF · VANGUARD INDEX FUNDS
0.04%of fund net assets
0.77%of fund net assets

Fund ownership is a floor, not a census — pensions, insurers and people holding shares directly are not visible here.

By share class

ClassHeld by fundsFundsShares out
BATRASeries A common stock27.4%12910.3M
BATRKSeries C common stock25.5%19353.2M

Fund ownership counts N-PORT filers only, so it is a floor rather than a census — pensions, insurers and direct holders are not visible here, and the remainder is not “held by individuals”.

Could not be determined for this company: bond issues.

Every fund and institutional holder, quarter by quarter, is on the Ownership tab with a free account.

Connected research

Put this business in context.

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