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Atlanta Braves Holdings — Third Quarter 2026 Earnings Summary

  • Total revenue rose 4% year-over-year to $325 million in Q3 2026, driven by event revenue and a 14% increase in average attendance, while year-to-date revenue reached $702 million (up 5%).
  • Profitability metrics declined significantly due to a 16% surge in player salaries and higher SG&A costs; Adjusted OIBDA fell to $41 million in Q3 from $67 million in the prior year, and operating income dropped to $9 million from $39 million.
  • Net earnings attributable to stockholders were $9.8 million ($0.15 per diluted share) for the quarter, compared to $30.0 million ($0.47 per share) in the prior year, with a year-to-date net loss of $42.9 million.
  • Strategic highlights include BravesVision leading the league in in-market DTC subscribers and a 25% jump in retail and licensing revenue fueled by City Connect apparel demand, though media revenue declined 4% due to recognition timing and rights arrangement changes.
  • No specific forward financial guidance was provided; the company reported cash of $121.5 million and total debt of $815.1 million, with a conference call scheduled for November 4, 2026.
Company
ATLANTA BRAVES HOLDINGS INC
Sector
Communication Services
Industry
Entertainment