Atlanta Braves Holdings Reports 10% Revenue Growth, Beats Q2 Earnings Estimates

Atlanta Braves Holdings, Inc. reported strong financial results for Q2 2025, with total revenue increasing 10% to $312 million driven by an 8% rise in baseball revenue and a 49% surge in mixed-use development revenue. Baseball revenue growth was fueled by increased broadcasting revenue, including new streaming deals with Gray TV and Amazon Prime, and higher event revenue from contractual rate increases and new sponsorship agreements, despite a decline in home game attendance. The company’s Adjusted OIBDA rose 44% to $66 million, and operating income increased 68% to $41.8 million, reflecting effective cost management. Earnings per share came in at $0.46, surpassing some estimates but missing others, with the company having outperformed the market year-to-date. Management emphasized continued strategic investments in both sports and real estate sectors to sustain growth momentum. The mixed-use development segment, particularly The Battery Atlanta, also contributed significantly to revenue growth through higher rental income and recent acquisitions.