Company Reports Q4 Adjusted OIBDA of $3.5M
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Feb 25 2026
0mins
Should l Buy BATRA?
Reports Q4 adjusted OIBDA $3.5M vs. OIBDA loss $3.76M last year. The company said, "Operating loss increased in the fourth quarter compared to the prior year due to the contract asset impairment associated with the termination of a long-term local broadcasting agreement. Adjusted OIBDA increased in the fourth quarter compared to the prior year as revenue growth and a reduction in Baseball operating costs more than offset increases in Mixed-Use Development costs and selling, general, and administrative expenses."
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Analyst Views on BATRA
Wall Street analysts forecast BATRA stock price to rise
1 Analyst Rating
1 Buy
0 Hold
0 Sell
Moderate Buy
Current: 48.350
Low
67.00
Averages
67.00
High
67.00
Current: 48.350
Low
67.00
Averages
67.00
High
67.00
About BATRA
Atlanta Braves Holdings, Inc. is a holding company of Braves Holdings, LLC (Braves Holdings). Braves Holdings is the owner and operator of the Atlanta Braves Major League Baseball Club and a real estate portfolio that includes the mixed-use development, The Battery Atlanta, and is the operator of the Atlanta Braves Major League Baseball Club’s stadium, Truist Park. The Company’s segments include Baseball and Mixed-Use Development. The Baseball segment includes operations relating to the Atlanta Braves Major League Baseball Club and the Braves’ ballpark. The Mixed-Use Development segment includes retail, office, hotel and entertainment operations primarily within The Battery Atlanta. The Battery Atlanta is an approximately 2.25 million square-foot mixed-use development, located around Truist Park at the intersection of I-75 and I-285, and offers an expansive mix of market-exclusive entertainment experiences, chef-driven restaurants, boutique shopping, and others.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
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- New Media Strategy Implementation: The launch of 'BravesVision' as the new in-house distribution and streaming platform allows the Braves to regain control over local media rights, anticipated to boost audience engagement and revenue streams while strengthening the team's influence in the media market.
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- Market Price Comparison: BATRA shares are currently trading at $43.04, which is 3.5% below Malone's purchase price, providing a relatively cheaper entry point for investors and potentially attracting more attention to the stock.
- Malone's Investment History: Over the past year, Malone has purchased BATRA on 11 occasions, totaling $11.25M at an average price of $41.53 per share, demonstrating his long-term bullish outlook on the company, which may influence market confidence in BATRA.
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Atlanta Braves Holdings Q4 2025 Earnings Call Highlights
- Significant Revenue Growth: Atlanta Braves reported total revenue of $732 million in 2025, an increase of nearly $70 million from $663 million in 2024, showcasing strong performance in ticket sales and sponsorships, which is expected to enhance brand value and market competitiveness.
- New Media Strategy Implementation: The launch of 'BravesVision' as the new in-house distribution and streaming platform allows the Braves to regain control over local media rights, anticipated to boost audience engagement and revenue streams while strengthening the team's influence in the media market.
- Reduced Operating Loss: The operating loss for 2025 was $14 million, a significant improvement from a $40 million loss in 2024, reflecting effective strategies in cost control and revenue growth, thereby enhancing confidence in future profitability.
- Record Ticket Sales: With over 1.9 million tickets sold for 2026 and premium club seats sold out, the strong market demand indicates the team's successful efforts in attracting audiences and enhancing the event experience.
See More
Atlanta Braves Holdings Q4 Earnings Analysis
- Earnings Report: Atlanta Braves Holdings reported a Q4 GAAP EPS of -$0.66, missing expectations by $0.11, indicating challenges in profitability despite revenue growth.
- Revenue Growth: The Q4 revenue reached $61.3 million, reflecting a 17.6% year-over-year increase and exceeding market expectations by $6.37 million, showcasing strong performance in revenue generation.
- Home Game Situation: There were no home games played in Q4 2025, compared to 81 home games in the same period of 2024, which may impact future revenue expectations and fan engagement.
- Mixed-Use Development Revenue: Mixed-use development revenue increased by 45% for the full year and 48% for Q4, indicating success in non-event-related income streams, potentially providing financial stability for the future.
See More
Atlanta Braves Q4 Earnings Report
- Earnings Overview: Atlanta Braves reported a Q4 GAAP EPS of -$0.66, indicating challenges in profitability that could affect investor confidence moving forward.
- Revenue Growth: Despite the negative EPS, the company achieved revenue of $61.3 million in Q4, reflecting a 17.6% year-over-year increase and beating market expectations by $6.37 million, suggesting ongoing revenue growth potential.
- New Media Plan Risks: The implementation of a new media plan may introduce new risks for Atlanta Braves Holdings, necessitating investor attention on its potential impact on future financial performance.
- Historical Financial Data: Historical earnings data for Atlanta Braves Holdings provides insights into its long-term performance, and while the current quarter shows weakness, historical trends may offer guidance for future recovery.
See More
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- Recent Commentary: Money managers, research firms, and market newsletter writers have issued a commentary that has been edited by Barron's.
- Market Insights: The commentary provides insights and perspectives on current market trends and investment strategies.
See More
John C. Malone Buys $1.72M in BATRA Shares
- Malone's BATRA Purchase: John C. Malone of Atlanta Braves Holdings made a $1.72M investment in BATRA by acquiring 38,669 shares at $44.60 each on Thursday, reflecting his confidence in the company despite the current market price being lower than his purchase price, indicating market volatility.
- Market Price Comparison: BATRA shares are currently trading at $43.04, which is 3.5% below Malone's purchase price, providing a relatively cheaper entry point for investors and potentially attracting more attention to the stock.
- Malone's Investment History: Over the past year, Malone has purchased BATRA on 11 occasions, totaling $11.25M at an average price of $41.53 per share, demonstrating his long-term bullish outlook on the company, which may influence market confidence in BATRA.
- Amphenol Insider Trading: Amphenol's Director Robert Livingston bought 10,000 shares at $128.51 each for a total of $1.29M on Thursday, marking his first purchase in the past twelve months, indicating his confidence in the company's future performance.
See More
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Dramatic Start to 2026: The year has begun with significant tensions, likened to a transition from conflict to peace efforts.
Greenland's Political Situation: Greenland was on the verge of becoming the seventh state of New England, highlighting its unique geopolitical status.
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