Revenue: As of FY2026 Q1, the actual value is USD 72.01 M.

EPS: As of FY2026 Q1, the actual value is USD -0.63.

EBIT: As of FY2026 Q1, the actual value is USD -30.08 M.

Overall Financial Performance

Atlanta Braves Holdings, Inc. reported total revenue of $72 million in the first quarter of 2026, an increase of 53% from the prior year period. Total Adjusted OIBDA improved to - $18 million in the first quarter of 2026, up 39% from the prior year period. The operating loss improved by $3 million to - $41 million in the first quarter of 2026, compared to - $44 million in the prior year period.

Segment Revenue

• Baseball Segment:
  • Baseball revenue increased by 60% to $45,746 thousand in the first quarter of 2026 compared to $28,621 thousand in the prior year period.
  • Baseball event revenue was $23,738 thousand, showing a 2,588% increase from the prior year period.
  • Broadcasting revenue decreased by 41% to $2,519 thousand.
  • Retail and licensing revenue increased by 20% to $7,283 thousand.
  • Other baseball revenue decreased by 30% to $12,206 thousand.
• Mixed-Use Development Segment:
  • Mixed-Use Development revenue increased by 41% to $26,261 thousand in the first quarter of 2026 compared to $18,590 thousand in the prior year period.

Operational Metrics

• Adjusted OIBDA by Segment:
  • Baseball Adjusted OIBDA improved by 18% to - $32,333 thousand.
  • Mixed-Use Development Adjusted OIBDA increased by 37% to $17,596 thousand.
• Operating Costs and Expenses:
  • Baseball operating costs were $56,616 thousand, a 16% increase from the prior year period.
  • Mixed-Use Development costs were $4,258 thousand, a 77% increase from the prior year period.
  • Selling, general and administrative expenses, excluding stock-based compensation, were $28,690 thousand, a 17% increase from the prior year period.
  • Total operating costs and expenses were $113,258 thousand in Q1 2026, compared to $91,663 thousand in Q1 2025.
  • Depreciation and amortization was $17,126 thousand in Q1 2026, up from $13,257 thousand in Q1 2025.
  • Stock-based compensation was $6,568 thousand in Q1 2026, up from $2,646 thousand in Q1 2025.

Cash Flow and Debt

• Net cash provided by operating activities was $62,481 thousand for the three months ended March 31, 2026, compared to $95,770 thousand in the prior year period.
• Capital expenditures for property and equipment were - $8,630 thousand for the three months ended March 31, 2026, compared to - $19,516 thousand in the prior year period.
• ABH cash increased by $35 million during the first quarter of 2026.
• Total ABH debt decreased by $30 million in the first quarter, primarily due to repayments on the TeamCo revolver.

Unique Operational Metrics

• There were 5 regular season home games played in the first quarter of 2026, compared to zero in the prior year period.

Outlook / Guidance

The report does not provide explicit forward-looking financial guidance or outlook statements for future periods, focusing instead on historical performance and general risk factors.