Filing Flows › Atlanta Braves Holdings (BATRA) › Q3 2026
Atlanta Braves Holdings (BATRA) Q3 2026 earnings results (third quarter 2026)
10-Q filed Nov 4, 2026
Atlanta Braves Holdings (BATRA) reported revenue of $325M for the third quarter 2026 (Q3 2026), +4% from a year earlier and +6% from the quarter before. Operating margin was 2.7%, net earnings $9.8M (3.0% of revenue).
Atlanta Braves Holdings, Q3 2026: revenue $325M (+4% year over year), operating margin 2.7%, net earnings $9.8M, operating cash flow −$63.8M. The chart follows the revenue to costs, profit and cash.
| Q3 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $325M | +6% | +4% |
| Operating profit | $8.7M | — | -78% |
| Net earnings | $9.8M | — | -67% |
| Operating cash flow | −$63.8M | — | — |
What changed
Revenue was $324.6M in Q3 2026, up 4% year over year and up 6% from the previous quarter. Baseball was the largest line at 91% of revenue. Baseball added $11.2M year over year (up 4%), 85% of the total change.
Operating profit was $8.7M, a 2.7% margin (down 9.8 points year over year). Operating profit fell $30.3M even though revenue rose $13.1M versus Q3 2025, so costs grew faster than sales. Total costs grew 16% against revenue growth of 4%. The fastest-growing cost line was SG&A (+21%). Net earnings were $9.8M, down 67% year over year. The effective tax rate was 39.9%. Non-operating items added $7.6M, 47% of pre-tax earnings, so the bottom line overstates operating performance.
Operating cash flow was −$63.8M. Non-cash charges added back $24.9M of depreciation and amortization and $7.0M of share-based compensation. Working capital and other items used $105.5M.
Questions
What was Atlanta Braves Holdings' revenue in the third quarter 2026?
Atlanta Braves Holdings (BATRA) reported revenue of $325M for the third quarter 2026 (Q3 2026), +4% from a year earlier and +6% from the quarter before.
Was Atlanta Braves Holdings profitable in the third quarter 2026?
Operating profit was $8.7M (2.7% of revenue) and net earnings $9.8M.