Atlanta Braves Holdings Inc

For the period ended Mar 31, 2025. Filed May 12, 2025.

About this filing

A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.

Mar 31, 2025 · Filed May 12, 2025

BATRA$57.43-0.1%Stored close · as of Nov 10, 2026

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Contents

Condensed Consolidated Statements of Operations (unaudited)

Condensed Consolidated Statements of Operations


· · Three months ended ·
· · March 31, ·
· 2025 · 2024
· · amounts in thousands,
· · except per share amounts ·
Revenue: · ·
Baseball revenue	$28,621	21,970
Mixed-Use Development revenue	18,590	15,110
Total revenue	47,211	37,080
Operating costs and expenses:
Baseball operating costs	48,763	45,207
Mixed-Use Development costs	2,408	2,253
Selling, general and administrative, including stock-based compensation	27,235	27,093
Depreciation and amortization	13,257	14,882
	91,663	89,435
Operating income (loss)	(44,452)	(52,355)
Other income (expense):
Interest expense	(10,344)	(9,443)
Share of earnings (losses) of affiliates, net (note 4)	322	1,627
Realized and unrealized gains (losses) on financial instruments, net	(637)	2,974
Other, net	1,213	1,769
Earnings (loss) before income taxes	(53,898)	(55,428)
Income tax benefit (expense)	12,507	4,156
Net earnings (loss)	$(41,391)	(51,272)
Basic net earnings (loss) attributable to Series A, Series B and Series C Atlanta Braves Holdings, Inc. shareholders per common share (note 2)	$(0.66)	(0.83)
Diluted net earnings (loss) attributable to Series A, Series B and Series C Atlanta Braves Holdings, Inc. shareholders per common share (note 2)	$(0.66)	(0.83)

ContentsView on SEC.gov

The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.