Atlanta Braves Holdings (BATRA) Earnings: Q3 2026 Results

Last updated November 2026

Short answer

Atlanta Braves Holdings reported revenue of $325 million for Q3 2026, up 4% from a year earlier (Atlanta Braves Holdings, Nov 4, 2026). Diluted EPS was $0.15, down 68% from $0.47. Baseball brought in $296 million, up 4%. Every figure is from Atlanta Braves Holdings's release. Walnut is informational, not investment advice.

BATRA Q3 2026 results

In one sentence

Atlanta Braves Holdings reported revenue of $325 million for Q3 2026, up 4% from a year earlier (Atlanta Braves Holdings, Nov 4, 2026).

MeasureQ3 2026Q3 2025Change
Revenue$325 million$312 millionup 4%
Diluted EPS$0.15$0.47down 68%
Net income$9.8 million$30.0 milliondown 67%

The quarter ended September 30, 2026 and Atlanta Braves Holdings published the results on November 4, 2026. Revenue and diluted EPS are shown against Q3 2025, the same quarter a year earlier, which takes seasonal swings out of the comparison.

  • BATRA is the Series A common stock of Atlanta Braves Holdings; the company reports one EPS figure for all of its share series.
  • Baseball revenue is seasonal: Atlanta Braves Holdings has historically recognized most of it in the second and third quarters, when the regular season is played. The Braves played 44 home games in Q3 2026, including two postseason games, against 41 in Q3 2025, and none in Q4 2025.

Source: Atlanta Braves Holdings Q3 2026 results, November 4, 2026. Also in the Form 10-Q for the quarter ended September 30, 2026. Figures as reported; checked against the release on November 10, 2026.

BATRA revenue by segment

How Atlanta Braves Holdings splits revenue in its own release, under its own labels, for Q3 2026 against Q3 2025. Indented lines are parts of the line above them.

Revenue by segment and sourceQ3 2026Q3 2025Change
Baseball$296 million$284 millionup 4%
Baseball event$189 million$176 millionup 7%
Media related$76.1 million$79.2 milliondown 4%
Retail and licensing$19.5 million$15.6 millionup 25%
Other$10.6 million$13.2 milliondown 20%
Mixed-Use Development$29.1 million$27.2 millionup 7%
  • Atlanta Braves Holdings's Baseball revenue was $296 million in Q3 2026, up 4% from $284 million in Q3 2025, 91% of total revenue.
  • Atlanta Braves Holdings's Mixed-Use Development revenue was $29.1 million in Q3 2026, up 7% from $27.2 million in Q3 2025, 9% of total revenue.

Segment lines are the figures writers cite most often, because they show where the growth in a quarter came from. Companies redraw their segments from time to time and restate the prior year to match, so a year-ago figure here can differ from the one printed a year ago. When that has happened, the note above says so.

BATRA recent quarters

Revenue and diluted EPS for the last 5 quarters. Each date links to that quarter's release.

QuarterRevenueDiluted EPSReported
ended Sep 30, 2026
$325 million$0.15Nov 4, 2026
Q2 2026
ended Jun 30, 2026
$305 million-$0.19Aug 5, 2026
Q1 2026
ended Mar 31, 2026
$72.0 million-$0.63May 11, 2026
Q4 2025
ended Dec 31, 2025
$61.3 million-$0.66Feb 25, 2026
Q3 2025
ended Sep 30, 2025
$312 million$0.47Nov 5, 2025

Total revenue and GAAP diluted net earnings (loss) per common share attributable to Atlanta Braves Holdings stockholders, each as first reported in that quarter's release.

When does BATRA report earnings next?

We do not hold a confirmed date for Atlanta Braves Holdings's next report. Companies post the date on their investor relations site a few weeks ahead, usually with the time of the conference call.

Past Atlanta Braves Holdings quarterly reports

Each quarter keeps its own page with the figures as reported, so a link to one stays pointed at the same numbers after the next report.

  • Q3 2026 (this page), reported Nov 4, 2026

What Atlanta Braves Holdings's revenue is made of

Atlanta Braves Holdings' total revenue rose 4% to $324.6 million in Q3 2026. Baseball revenue, from the Atlanta Braves, was $295.5 million, up 4%, and Mixed-Use Development revenue, mainly rent from The Battery Atlanta next to Truist Park, was $29.1 million, up 7% on tenant recoveries and new leases. (Atlanta Braves Holdings Q3 2026 release, Nov 4, 2026)

Baseball event revenue (tickets, concessions, advertising sponsorships, suites and premium seats) rose 7% to $189.3 million. Atlanta Braves Holdings attributed it to contractual rate increases on season tickets, higher regular season attendance, single-game ticket sales and more home games: 42 regular season and two postseason games, against 41. Average attendance per regular season home game rose 14%. (Atlanta Braves Holdings Q3 2026 release, Nov 4, 2026)

Media related revenue fell 4% to $76.1 million. The company put this down to the timing of revenue recognition under BravesVision, its own local distribution, compared with the previous long-term local broadcasting arrangement, and to changes in national media rights, including more digital rights commercialized through MLB Advanced Media. BravesVision finished its first regular season and led the league in in-market direct-to-consumer subscribers. (Atlanta Braves Holdings Q3 2026 release, Nov 4, 2026)

Retail and licensing revenue rose 25% to $19.5 million on demand for City Connect apparel after its April 2026 launch, higher league-wide revenue and the two postseason games. Other baseball revenue fell 20% to $10.6 million because of fewer special events at Truist Park. (Atlanta Braves Holdings Q3 2026 release, Nov 4, 2026)

What Atlanta Braves Holdings's EPS includes

Atlanta Braves Holdings reports GAAP figures and Adjusted OIBDA, not an adjusted EPS. Diluted net earnings per common share were $0.15 in Q3 2026, against $0.47, on net earnings attributable to stockholders of $9.8 million, against $30.0 million. Operating income fell to $8.7 million from $38.9 million. (Atlanta Braves Holdings Q3 2026 release, Nov 4, 2026)

Atlanta Braves Holdings' baseball operating costs increased $34.4 million, including $17.8 million more in major league player salaries, $10.5 million for producing BravesVision, $4.1 million in variable concessions and retail costs and $2.6 million for postseason games. Baseball Adjusted OIBDA fell to $26 million from $50 million, and total Adjusted OIBDA fell 40% to $40.6 million. (Atlanta Braves Holdings Form 10-Q, Q3 2026, Nov 4, 2026; Atlanta Braves Holdings Q3 2026 release, Nov 4, 2026)

Selling, general and administrative expenses excluding stock-based compensation rose 16% to $34.9 million, which the release links to BravesVision sales, marketing and administrative costs, extra marketing, personnel, property taxes, insurance and professional fees. For the nine months the company had an operating loss of $51.1 million and a diluted loss of $0.67 per share. (Atlanta Braves Holdings Q3 2026 release, Nov 4, 2026)

Diluted EPS divides net income by the weighted average number of shares outstanding in the quarter, plus the shares that options and other equity awards could add. Buybacks shrink that count and lift EPS for the same profit; share issuance and stock awards enlarge it.

Consensus and guidance at Atlanta Braves Holdings

Atlanta Braves Holdings does not publish a revenue or earnings outlook in its release. The 10-K says the majority of baseball revenue is historically recognized in the second and third quarters, which align with the 162-game regular season. For the first nine months of 2026, total revenue was $701.8 million, up 5%, and Adjusted OIBDA was $34.8 million, against $104.3 million. (Atlanta Braves Holdings Q3 2026 release, Nov 4, 2026; Atlanta Braves Holdings Form 10-K, 2025, Feb 26, 2026)

A consensus figure is the average of the models published by the analysts who cover Atlanta Braves Holdings, collected by a data provider and revised up to the day of the report. A quarter that lands above it says how expectations were set as much as how the business did, and the share price on the day also reflects the guidance and the lines no consensus covers.

The consensus figures on this page are Yahoo Finance's, as pulled on the date shown. Each comes with the number of analysts behind it; the smaller that number, the more one revised estimate can move the average.

The numbers analysts watch at Atlanta Braves Holdings

The figures below are the ones Atlanta Braves Holdings's own release and filings put weight on for Q3 2026, with the latest reported value for each.

MetricLatest reported
Home games in the quarter
44, against 41
42 regular season and 2 postseason games
Average regular season attendance
Up 14% per home game
Baseball event revenue
$189.3 million, up 7%
Media related revenue
$76.1 million, down 4%
BravesVision's first regular season
Adjusted OIBDA
$40.6 million, down 40%
Baseball $26 million, Mixed-Use Development $18 million
Major league player salaries
Up $17.8 million in the quarter
Up $46.7 million over nine months

What the quarter means for a holding is a separate question from what it reported. The case for and against owning BATRA is on is BATRA a buy or a sell?, what analysts expect next is on the BATRA forecast, and what the company does is on the Atlanta Braves Holdings (BATRA) stock page.

How to check BATRA's figures yourself

Every number on this page can be traced to a document Atlanta Braves Holdings published. Checking one takes a couple of minutes, and it is worth doing before you quote a figure anywhere.

  • The results release is the document linked in the source line above. Companies publish it on their investor relations site at the moment results go out, and it carries the headline tables: revenue, operating income, net income and EPS for the quarter and the year-ago quarter.
  • The same release is filed with the SEC as Exhibit 99.1 to a Form 8-K under Item 2.02, usually on the day of the report. The SEC copy does not change after the fact, which makes it the safer thing to link when you cite a number.
  • The quarterly report (Form 10-Q) follows within a few weeks and carries the full financial statements, the segment note and management's discussion of what changed. The fourth quarter is covered by the annual report (Form 10-K) instead.
  • Restated comparisons are flagged in the notes on this page. When a company redraws its segments or changes how it adjusts EPS, it restates the year-ago column, so the year-ago figure in a new release can differ from the one printed a year ago. This page always uses the comparison in the newer release, because that is the like-for-like one.

A walk-through of every line in a release, with what each one tells you, is in how to read an earnings report.

Your questions about Atlanta Braves Holdings

Ask Walnut's AI anything about BATRA and see how it fits what you own.

FAQ

What was Atlanta Braves Holdings's revenue last quarter?

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Atlanta Braves Holdings reported revenue of $325 million for Q3 2026, the quarter ended September 30, 2026, against $312 million in Q3 2025 (up 4%). The figures come from Atlanta Braves Holdings's results release of November 4, 2026.

What were BATRA's earnings per share for Q3 2026?

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Diluted EPS was $0.15 on a GAAP basis, against $0.47 a year earlier. Atlanta Braves Holdings reports one EPS figure, on a GAAP basis.

When does BATRA report earnings next?

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We do not hold a confirmed date for Atlanta Braves Holdings's next report. Companies announce the date on their investor relations site a few weeks ahead, usually with the time of the call.

Where does Atlanta Braves Holdings's revenue come from?

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Atlanta Braves Holdings's Baseball revenue was $296 million in Q3 2026, up 4% from $284 million in Q3 2025, 91% of total revenue. Atlanta Braves Holdings's Mixed-Use Development revenue was $29.1 million in Q3 2026, up 7% from $27.2 million in Q3 2025, 9% of total revenue. These are the lines of Atlanta Braves Holdings's own "revenue by segment and source" table for Q3 2026.

How much did Atlanta Braves Holdings's revenue grow last quarter?

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Up 4% on the year: $325 million in Q3 2026 against $312 million in Q3 2025. That is the year-over-year comparison, the same quarter a year apart, so seasonal patterns in Atlanta Braves Holdings's business do not distort it.

Where do the BATRA numbers on this page come from?

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From Atlanta Braves Holdings's own results release and its Form 10-Q for the quarter ended September 30, 2026, copied as printed, in millions of US dollars. Percent changes are worked out from those figures and rounded to a whole percent, which matches how the release states them. Nothing on this page is an estimate except the consensus, which is labelled with its source and date.

Walnut is informational, not investment advice. Reported figures are copied from Atlanta Braves Holdings's results release and filings; consensus figures, where shown, are third-party estimates captured before the report. Verify figures against the source before relying on them.

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