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How Atlanta Braves Holdings (BATRA) makes money

Atlanta Braves Holdings (BATRA) made $325M of revenue in the third quarter 2026 (Q3 2026), +4% from a year earlier. Baseball brought in $296M (91%); Mixed-Use Development brought in $29.1M (9%). Of every dollar of revenue, 3¢ was left as operating profit, 3¢ was left as net earnings.

Drawing the Sankey…

Atlanta Braves Holdings revenue by segment, Q3 2026Atlanta Braves Holdings revenue by segment, Q3 2026Baseball$296MMixed-Use Development$29.1M
Atlanta Braves Holdings: revenue by line, Q1 2025 to Q3 2026Atlanta Braves Holdings: revenue by line, Q1 2025 to Q3 2026BaseballMixed-Use DevelopmentBaseball: $296M latest$296MMixed-Use Development: $29.1M latest$29.1MQ1 2025Q2 2025Q3 2025Q4 2025Q1 2026Q2 2026Q3 2026
Baseball went from 61% of revenue in Q1 2025 to 91% in Q3 2026, the largest shift in the mix.
Atlanta Braves Holdings revenue by quarterAtlanta Braves Holdings revenue by quarter$47.2MQ1 2025$312MQ2 2025$312MQ3 2025$61.3MQ4 2025$72.0MQ1 2026$305MQ2 2026$325MQ3 2026
Atlanta Braves Holdings: where each dollar of revenue goesAtlanta Braves Holdings: where each dollar of revenue goesOperating profit3¢Income tax2¢Net earnings3¢

Revenue by segment, Q3 2026

SegmentRevenueShareQ/QY/Y
Baseball$296M91.0%+7%+4%
Mixed-Use Development$29.1M9.0%+1%+7%

Where each dollar of revenue goes

LineQ3 2026% of revenue
Revenue$325M100.0%
Operating profit$8.7M2.7%
Income tax$6.5M2.0%
Net earnings$9.8M3.0%

Revenue, quarter by quarter

QuarterRevenueY/Y
Q3 2026$325M+4%
Q2 2026$305M-2%
Q1 2026$72.0M+52%
Q4 2025$61.3M+18%
Q3 2025$312M+7%
Q2 2025$312M+10%
Q1 2025$47.2M+27%

From Atlanta Braves Holdings' 10-Q filed Nov 4, 2026 (on EDGAR).

Questions

How does Atlanta Braves Holdings make money?

Atlanta Braves Holdings (BATRA) made $325M of revenue in the third quarter 2026 (Q3 2026), +4% from a year earlier. Baseball brought in $296M (91%); Mixed-Use Development brought in $29.1M (9%). Of every dollar of revenue, 3¢ was left as operating profit, 3¢ was left as net earnings.

What is Atlanta Braves Holdings' biggest business?

Baseball: $296M in the third quarter 2026, 91% of revenue, +4% from a year earlier.

What is Atlanta Braves Holdings' profit margin?

Net earnings were $9.8M, 3.0% of revenue, in the third quarter 2026; the operating margin was 2.7%.

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Updated Nov 8, 2026. Read automatically from SEC filings and public data; errors are possible. Not investment advice.