Atlanta Braves Holdings, Inc. income statement
In fiscal 2025, Atlanta Braves Holdings, Inc. reported revenue of $732m, up 10.5% on the year before, operating income of −$13.5m (a -1.8% margin) and net income of −$23.4m, or −$0.37 per diluted share. Every line below comes from the company's 10-K and 10-Q filings; column headings link to the filing.
Income statement
| Fiscal year | 2022Dec 2022 | 2023Dec 2023 | 2024Dec 2024 | 2025Dec 2025 | LTMJun 2026 |
|---|---|---|---|---|---|
| Revenue | 589 | 641 | 663 | 732 | 750 |
| Selling, general and administrative | 106 | 125 | 126 | 129 | 146 |
| Operating income | −31 | −46 | −40 | −14 | −71 |
| Interest expense | 30 | 38 | 39 | 46 | 47 |
| Income before tax | −32 | −129 | −36 | −24 | −76 |
| Income tax | 3 | −4 | −5 | −1 | −12 |
| Net income | −34 | −125 | −31 | −23 | −64 |
| Diluted EPS | −$0.55 | −$2.03 | −$0.50 | −$0.37 | −$1.00 |
| Diluted shares (average) | — | 63m | 63m | 64m | 64m |
| EBITDA | 41 | 25 | 23 | 62 | 11 |
| Quarter | 2024 Q3Sept 2024 | 2024 Q4Dec 2024 | 2025 Q1Mar 2025 | 2025 Q2Jun 2025 | 2025 Q3Sept 2025 | 2025 Q4Dec 2025 | 2026 Q1Mar 2026 | 2026 Q2Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 291 | 52 | 47 | 312 | 312 | 61 | 72 | 305 |
| Selling, general and administrative | 37 | 28 | 27 | 35 | 35 | 32 | 35 | 44 |
| Operating income | 6 | −19 | −44 | 42 | 39 | −50 | −41 | −19 |
| Interest expense | 10 | 10 | 10 | 12 | 12 | 12 | 11 | 12 |
| Income before tax | 10 | −20 | −54 | 42 | 42 | −54 | −51 | −13 |
| Income tax | −0 | −1 | −13 | 12 | 12 | −12 | −10 | −1 |
| Net income | 10 | −19 | −41 | 29 | 30 | −41 | −40 | −12 |
| Diluted EPS | $0.16 | −$0.30 | −$0.66 | $0.46 | $0.47 | −$0.65 | −$0.63 | −$0.19 |
| EBITDA | 25 | −6 | −31 | 63 | 62 | −32 | −24 | 5 |
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