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Edge16 Oct 2026
Winner, Winner: The Chicken McNugget Story
How a 1940s breeding contest, a Cornell food scientist, and a hedge by Ray Dalio helped McDonald's turn the Chicken McNugget into a fast-food icon.
Atlanta Braves Holdings
Atlanta Braves Holdings (BATRK) investor relations material
Atlanta Braves Holdings Q3 2026 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Q3 2026 earnings summary4 Nov, 2026
Executive summary
2026 season: 94 wins, an 18-win improvement YoY, NL East title and first postseason series win since 2021; eliminated by the Dodgers in the Division Series.
Q3 revenue reached $324.6M, up 4% YoY; postseason activity and attendance supported event revenue, while higher player salaries and operating expenses weighed on profitability.
Financial highlights
Q3 operating income was $8.7M vs. $38.9M, Adjusted OIBDA was $40.6M vs. $67.2M, net earnings were $9.8M vs. $30.1M, and diluted EPS was $0.15 vs. $0.47.
9M revenue rose to $701.8M from $671.2M; results shifted to an operating loss of $51.1M from income of $36.3M and a net loss of $42.7M from earnings of $18.2M; Adjusted OIBDA fell to $34.8M from $104.3M.
Q3 baseball operating costs increased $34.4M and SG&A excluding stock compensation rose $4.9M YoY.
Outlook and guidance
BravesVision is expected to exceed prior local media rights revenue and replicate the prior model’s profitability on an annualized basis; Q4 expenses are expected to be relatively light vs. Q3.
2027 plans include additional BravesVision content, a strong home schedule, Savannah Bananas games and concerts; plans also include building on the team’s 2026 progress.
BravesVision distribution cash collections are expected to catch up in early Q2 2027 as 12-month contracts ending March 31, 2027 are paid in arrears.
Expected cash uses include player and employee contracts, capital expenditures, real estate investments and debt service; available liquidity is believed sufficient for projected cash needs.
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Latest events from Atlanta Braves Holdings
- Q2 2026 revenue fell 2% to $305M, with a net loss of $12.2M and rising debt.BATRK
Q2 2026 - Director and auditor proposals passed by large margins; no shareholder questions raised.BATRKAGM 2026
- Revenue up 53% to $72M in Q1 2026; BravesVision launched, net loss narrowed, cash increased.BATRKQ1 2026
- 2025 saw strong financial growth, governance enhancements, and key votes on director and auditor.BATRKProxy filing
- Director election and auditor ratification are up for vote at the 2026 annual meeting.BATRKProxy filing
- Revenue up 11% to $732M, Adjusted OIBDA up 172%, BravesVision and real estate drove growth.BATRKQ4 2025
- CBA, media rights, and real estate growth drive record revenues and future opportunities.BATRKInvestor Day 2025
- Structural simplification and strong revenue growth drive momentum across motorsports and entertainment.BATRKInvestor Day 2024
- Q2 2024 revenue up 5% to $283M, net earnings $29.1M, but broadcast risks remain.BATRKQ2 2024
Next Atlanta Braves Holdings earnings date
Q4 202624 Feb, 2027
Atlanta Braves Holdings
Next Atlanta Braves Holdings earnings date
Q4 202624 Feb, 2027
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Frequently asked questions
Atlanta Braves Holdings Inc. is an entertainment company within the communication services sector. The company owns and operates the Atlanta Braves Major League Baseball club and the associated mixed-use development project, The Battery Atlanta. This development includes retail, office, hotel, and entertainment projects, catering to an audience beyond just baseball fans. The Atlanta Braves, the key asset of the company, is the oldest continually operating sports franchise in North America. The holding company is headquartered in Englewood, Colorado, and its shares are listed on the Nasdaq.