Filing Flows › Atlanta Braves Holdings (BATRA) › Q1 2026
Atlanta Braves Holdings (BATRA) Q1 2026 earnings results (first quarter 2026)
10-Q filed May 11, 2026
Atlanta Braves Holdings (BATRA) reported revenue of $72.0M for the first quarter 2026 (Q1 2026), +53% from a year earlier and +17% from the quarter before. Operating margin was -57.3%, net loss $40.4M (56.1% of revenue).
Atlanta Braves Holdings, Q1 2026: revenue $72.0M (+52% year over year), operating margin -57.3%, net loss $40.4M, operating cash flow $62.5M. The chart follows the revenue to costs, profit and cash.
| Q1 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $72.0M | +17% | +53% |
| Operating profit | −$41.3M | — | — |
| Net earnings | −$40.4M | — | — |
| Operating cash flow | $62.5M | +137% | -35% |
What changed
Revenue was $72.0M in Q1 2026, up 53% year over year and up 17% from the previous quarter. Baseball was the largest line at 64% of revenue. Baseball added $17.1M year over year (up 60%), 69% of the total change.
Operating costs exceeded revenue by $41.3M, an operating margin of -57.3%. Total costs grew 24% against revenue growth of 53%. The fastest-growing cost line was SG&A (+29%). The quarter ended with a net loss of $40.4M, narrower than the previous quarter's $41.5M loss.
Operating cash flow was $62.5M (down 35% year over year). Non-cash charges added back $17.1M of depreciation and amortization and $6.6M of share-based compensation. Working capital and other items added $79.2M.
Questions
What was Atlanta Braves Holdings' revenue in the first quarter 2026?
Atlanta Braves Holdings (BATRA) reported revenue of $72.0M for the first quarter 2026 (Q1 2026), +53% from a year earlier and +17% from the quarter before.
Was Atlanta Braves Holdings profitable in the first quarter 2026?
Operating loss was $41.3M (-57.3% of revenue) and net loss $40.4M.