Atlanta Braves Holdings, Inc. - Series A · NASDAQ:BATRA
Atlanta Braves Holdings, Inc. - Series A — Atlanta Braves Holdings — Q1 2026 Earnings Presentation
8 slides from Atlanta Braves Holdings, Inc. - Series A's earnings presentation, May 11, 2026
Slide 1: Atlanta Braves Holdings Reports First Quarter 2026 Financial Results
May 11, 2026 Atlanta Braves Holdings Reports First Quarter 2026 Financial Results ATLANTA--(BUSINESS WIRE)-- Atlanta Braves Holdings, Inc. (“ABH”) (Nasdaq: BATRA, BATRK) today reported results for its first quarter 2026 results. Highlights include: Total revenue grew to $72 million in the first quar
Slide 2: Revenue by Segment and Source
revenue (ticket sales, concessions, advertising sponsorships, suites and premium seat fees) and (ii) broadcasting and other media revenue. Mixed-Use Development revenue is derived primarily from a real estate portfolio including the mixed-use facility The Battery Atlanta and primarily includes renta
Slide 3: Footnotes and Conference Call Information
FOOTNOTES 1) For a definition of Adjusted OIBDA (as defined by ABH) and the applicable reconciliation to the most comparable Generally accepted accounting principles (“GAAP”) measure, see “Non-GAAP Financial Measures and Supplemental Disclosures,” below. Conference Call Information: Atlanta Braves H
Slide 4: Forward-looking statements and risk factors
acquisitions or other strategic investments; the inherent risks in the real estate business, including, but not limited to, tenant defaults, potential liability relating to environmental matters and liquidity of real estate investments; the outcome of pending or future litigation or investigations;
Slide 5: Adjusted OIBDA Reconciliation and Cash and Debt
that ABH management considers in assessing the results of operations and performance of its assets. The following table provides a reconciliation of Adjusted OIBDA for ABH to operating income (loss) calculated in accordance with GAAP for the three months ended March 31, 2026 and March 31, 2025. Thre
Slide 6: Consolidated Balance Sheets
Restricted cash 33,661 11,694 Accounts receivable and contract assets, net of allowances for credit losses of $343 at both March 31, 2026 and December 31, 2025 29,909 33,566 Other current assets 25,870 13,563 Total current assets 224,637 158,707 Property and equipment, at cost 1,280,653 1,266,030 Ac
Slide 7: Consolidated Statements of Operations
$ 1,687,256 1,614,957 Total liabilities and equity ATLANTA BRAVES HOLDINGS, INC. CONSOLIDATED STATEMENTS OF OPERATIONS (unaudited) Three months ended March 31, 2026 2025 amounts in thousands, except per share amounts Revenue: Baseball revenue $ 45,746 28,621 Mixed-Use Development revenue 26,261 18,5
Slide 8: Consolidated Statements of Cash Flows
Net cash provided by (used in) operating activities 62,481 95,770 Cash flows from investing activities: Capital expended for property and equipment (8,630) (19,516) Other investing activities, net 5 (2,001) Net cash provided by (used in) investing activities (8,625) (21,517) Cash flows from financin
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