BATRK at a glance
Atlanta Braves Holdings, Inc. (BATRK, SEC CIK 1958140) filed its latest 10-K annual report on February 26, 2026, a 10-Q quarterly report on August 5, 2026, an 8-K current report on August 5, 2026 and Form 4 insider filings as recently as October 1, 2026. SignalX summarizes each filing with AI and tracks the company's insider trades and institutional holders.
- For the fiscal year ended December 31, 2025 (FY2025), Atlanta Braves Holdings, Inc. (BATRK) reported revenue of $732.5 million (up 10.5% from FY2024) and a net loss of $23.4 million. Diluted EPS was -$0.37.
- As of June 30, 2026, 30 institutional investment managers tracked by SignalX reported holding Atlanta Braves Holdings, Inc. (BATRK) shares worth $679.8 million in 13F-HR filings.
- The most recent insider open-market sale reported on Form 4 was by Schiller Derek Gordon on September 30, 2026 of 175,395 shares at $53.20 per share.
- In the last 90 days, BATRK insiders reported 0 open-market purchases ($0) and 3 open-market sales ($15.3M) on Form 4, a net sale of $15.3M.
Source: SEC EDGAR (XBRL financial data, 13F-HR and Form 4 filings).
- Revenue · FY2025
- $732.5M
- +10.5% vs prior year
- Insiders · 90 days
- 0 buys · 3 sells
- Net −$15.3M
- 13F holders
- 30 funds
- $679.8M · +0 vs prior quarter
- Latest 8-K
- Aug 5, 2026
- Item 2.02
AI 10-K Annual Report Analysis
Latest 10-K, fiscal year ended Dec 31, 2025
Business Overview
- Core business model: Ownership and operation of Atlanta Braves MLB team, management of associated sports and real estate assets including Truist Park and Mixed-Use Development
- Emphasis on Mixed-Use Development real estate segment with significant debt $487.3M under credit facilities, ongoing construction risks, and tenant renewal concerns
- Strategic focus on controlling operational rights via Stadium Operating Agreement through 2046 with 5-year extension option, including first refusal and purchase option for Truist Park
- Indebtedness notable: $223.8M for stadium, $487.3M for Mixed-Use Development, $30M for spring training facility outstanding as of Dec 31, 2025
- Multi-series stock structure highlighted as risk factor, possibly depressing stock trading price due to index exclusions and shareholder advisory opposition
Risk Factors
- Cybersecurity risk oversight by Audit Committee with quarterly updates on threat detection, incident reporting, and risk mitigation metrics
- Key-person dependency on SVP and Head of Technology Services with 30+ years of leadership managing cybersecurity and IT infrastructure
- Operational risk from cybersecurity breaches affecting business operations, financial results, and reputation monitored through incident response framework
- Compliance Committee including CEO and CFO oversees corporate compliance initiatives, highlighting multi-level governance on cybersecurity risks
Management Discussion & Analysis
- Revenue $732.5M, up $69.7M YoY; Baseball $635.1M (+$39.6M), Mixed-Use Development $97.4M (+$30.1M)
- Operating income loss improved to $(13.5)M vs $(39.7)M; Adjusted OIBDA $107.8M vs $39.7M; Baseball margin increase reflected in Adjusted OIBDA ($51.1M vs $6.6M)
- Best segment Mixed-Use Development Adjusted OIBDA $68.5M (+$23.1M); Worst segment Corporate and Other loss $(11.8)M, slight improvement
- Cash $99.9M; Capital allocation included $35M drawn on $150M revolver, $36.8M fully drawn MLBFF revolver; no specific data on buybacks/dividends; capex included acquisitions and real estate ventures
- Management expects to fund cash needs via cash on hand, operations and borrowings; key risk: impairment expense $30.1M due to termination of long-term local broadcasting agreement
AI summary of the BATRK 10-K filed . Generated from the filing text; verify against the original.View on SEC EDGARHow to read a 10-K
AI 10-Q Quarterly Report Analysis
Latest 10-Q, quarter ended Jun 30, 2026
Management Discussion & Analysis
- Quarterly revenue $305.1M, down $7.3M YoY from $312.4M
- Operating margin -6.1% vs 13.4% YoY; net loss $12.1M vs $29.5M net earnings
- Best segment Mixed-Use Development revenue $28.7M, up $3.6M YoY; Adjusted OIBDA $20.6M vs $17.6M
- Worst segment Baseball revenue $276.4M, down $10.9M YoY; Adjusted OIBDA loss $5.7M vs $52.0M
- Cash $116.3M; projected uses funded by cash on hand, operations and borrowings; CBA expires December 1, 2026 with work-stoppage risk
Risk Factors
- New broadcast-network risk triggered by February 2026 BravesVision launch, with limited operating history and direct cost responsibility
- Most material operational update: BravesVision now requires internal oversight of production, technology, staffing, sales, and distribution
- Regulatory and contractual risk: affiliation agreements may require shortfall credits if nationally broadcast games reduce delivery below minimums
- Near-term market risk: fragmented audiences and streaming migration may reduce viewership, advertising rates, and distributor economics
- Financial risk: BravesVision operating costs continue regardless of revenue and may make the platform dilutive to results
AI summary of the BATRK 10-Q filed . Generated from the filing text; verify against the original.View on SEC EDGAR10-K vs 10-Q vs 8-K
AI 8-K Current Report Analysis
The most recent material events, by 8-K item
Item 2.02: Results of Operations and Financial Condition
- Q2 2026 results for quarter ended June 30, 2026
- Press release furnished as Exhibit 99.1 contains financial results and management commentary
Item EX-99.1: Item EX-99.1
- Q2 revenue $305 million, down 2%; six-month revenue $377 million, up 5%, led by Mixed-Use Development growth
- Baseball revenue fell 4% as home games declined to 34 from 40, while baseball operating costs rose 20%
Item 5.07: Submission of Matters to a Vote of Security Holders
- Wonya Y. Lucas elected as Class III director for a three-year term ending at the 2029 annual meeting
- Director vote: 14,988,803 for, 1,217,686 withheld, and 2,525,465 broker non-votes
Item 2.02: Results of Operations and Financial Condition
- Q1 2026 results for quarter ended March 31, 2026
- Press release furnished as Exhibit 99.1, containing the operating and financial results
AI summaries of BATRK 8-K current reports filed with the SEC. What 8-K item codes mean
SignalX for BATRK
Don't miss the next BATRK filing
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- Fund moves. Which tracked funds opened, added or cut BATRK, by share count.
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Recent Insider Transactions (Form 4)
Latest reported trades by officers, directors and 10% owners
| Insider | Type | Date | Shares | Price |
|---|---|---|---|---|
| Schiller Derek Gordon | Sell | Sep 30, 2026 | 175,395 | $53.20 |
| Schiller Derek Gordon | M | Sep 30, 2026 | 175,395 | $27.18 |
| Schiller Derek Gordon | M | Sep 30, 2026 | 175,395 | - |
| Heller Gregory John | M | Sep 29, 2026 | 80,263 | - |
| Heller Gregory John | M | Sep 29, 2026 | 80,263 | $27.18 |
| Heller Gregory John | Sell | Sep 29, 2026 | 80,263 | $53.89 |
| Robinson Jill L. | Sell | Aug 19, 2026 | 30,263 | $52.84 |
| Robinson Jill L. | M | Aug 19, 2026 | 30,263 | - |
Financial SummaryXBRL
| Metric | FY2023 | FY2024 | FY2025 |
|---|---|---|---|
| Profitability | |||
| Revenue | $640.7M | $662.7M | $732.5M |
| Operating Income | -$46.4M | -$39.7M | -$13.5M |
| Net Income | -$125.3M | -$31.3M | -$23.4M |
| Op. Margin | -7.2% | -6.0% | -1.8% |
| Net Margin | -19.6% | -4.7% | -3.2% |
| Balance Sheet | |||
| Total Assets | $1.5B | $1.5B | $1.6B |
| Equity | - | $524.2M | $526.0M |
| ROE | - | -6.0% | -4.4% |
| Per Share | |||
| EPS | $-2.03 | $-0.50 | $-0.37 |
| Cash Flow | |||
| Operating CF | $1.6M | $16.6M | $25.2M |
Source: XBRL data in Atlanta Braves Holdings, Inc. (BATRK)'s 10-K filings on SEC EDGAR, in USD. Compare across companies →
13F Fund Holdings: Quarterly Trend
Latest: Q2 2026Aggregate BATRK share value held by 13F filers tracked by SignalX, by quarter.
Quarterly totals table
| Quarter | Funds | Total value |
|---|---|---|
| Q2 2026 | 30 | $679.8M |
| Q1 2026 | 30 | $492.3M |
| Q4 2025 | 26 | $433.2M |
| Q3 2025 | 27 | $481.4M |
| Q2 2025 | 27 | $504.7M |
| Q1 2025 | 22 | $278.0M |
| Q4 2024 | 18 | $236.1M |
| Q3 2024 | 16 | $158.5M |
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- FMR LLC (Fidelity)−2.5K (-9%)
- PNC Financial Services−187 (-5%)
- Two Sigma Investments+63.5K
- Mangrove Partners−10.2K
Source: 13F-HR filings on SEC EDGAR (aggregated from 196 fund-quarter rows). Reflects only 13F filers tracked by SignalX, not the full institutional ownership universe. How 13F filings work
BATRK filing archive
AI analysis pages for each 10-K, 10-Q and 8-K
10-K annual reports
10-Q quarterly reports
Latest 2026 SEC Filings: 10-K, 10-Q, 8-K & Form 4
| Form | Filing date | Period | Analysis | SEC |
|---|---|---|---|---|
| 4 | Oct 1, 2026 | - | - | - |
| 4 | Oct 1, 2026 | - | - | - |
| 4 | Aug 21, 2026 | - | - | - |
| 10-Q | Aug 5, 2026 | Jun 30, 2026 | Analysis | |
| 8-K | Aug 5, 2026 | - | Analysis | - |
| 8-K | May 22, 2026 | - | Analysis | |
| SC 13G | May 15, 2026 | - | - | |
| 8-K | May 11, 2026 | - | Analysis | |
| 10-Q | May 11, 2026 | Mar 31, 2026 | Analysis | |
| SC 13G | Apr 29, 2026 | - | - | |
| 4 | Mar 3, 2026 | - | - | - |
| 10-K | Feb 26, 2026 | Dec 31, 2025 | Analysis | |
| 8-K | Feb 25, 2026 | - | Analysis | - |
| 8-K | Feb 24, 2026 | - | Analysis | - |
| 4 | Feb 6, 2026 | - | - | |
| 4 | Feb 3, 2026 | - | - | |
| SC 13G | Jan 30, 2026 | - | - | |
| 4 | Dec 15, 2025 | - | - | |
| 4 | Dec 15, 2025 | - | - | |
| 4 | Dec 15, 2025 | - | - | |
| 4 | Dec 15, 2025 | - | - | |
| 4 | Dec 15, 2025 | - | - | |
| 4 | Dec 15, 2025 | - | - | |
| 4 | Dec 8, 2025 | - | - | |
| 4 | Dec 8, 2025 | - | - |
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BATRK SEC filings: frequently asked questions
Are BATRK insiders buying or selling?
In the last 90 days, Atlanta Braves Holdings, Inc. (BATRK) officers, directors and 10% owners reported no open-market purchases and 3 open-market sales worth $15.3 million by 3 insiders on Form 4. Many insider sales are pre-planned or for taxes, so purchases usually carry more information.
Which institutions hold BATRK stock?
As of June 30, 2026, the largest Atlanta Braves Holdings, Inc. (BATRK) holders among the 13F filers tracked by SignalX were BlackRock ($201.7 million), Vanguard Capital Management LLC ($111.9 million), State Street Corp ($60.0 million), T. Rowe Price Group ($53.0 million), Dimensional Fund Advisors ($50.2 million). 13F-HR reports are filed up to 45 days after each quarter ends.
What was BATRK's revenue in fiscal year 2025?
For the fiscal year ended December 31, 2025 (FY2025), Atlanta Braves Holdings, Inc. (BATRK) reported revenue of $732.5 million (up 10.5% from FY2024) and a net loss of $23.4 million. Diluted EPS was -$0.37. The figures come from the XBRL data in the 10-K.
What are the main risks in BATRK's latest 10-K?
In the 10-K filed February 26, 2026, Atlanta Braves Holdings, Inc. (BATRK) flagged: Cybersecurity risk oversight by Audit Committee with quarterly updates on threat detection, incident reporting, and risk mitigation metrics. Key-person dependency on SVP and Head of Technology Services with 30+ years of leadership managing cybersecurity and IT infrastructure. (AI summary of the Risk Factors section.)
What did BATRK report in its latest 8-K?
Atlanta Braves Holdings, Inc. (BATRK) filed an 8-K on August 5, 2026 reporting Item 2.02 (Results of Operations and Financial Condition). Q2 2026 results for quarter ended June 30, 2026.
What are the latest BATRK SEC filings?
Atlanta Braves Holdings, Inc. (BATRK) filed its latest 10-K annual report on February 26, 2026, a 10-Q quarterly report on August 5, 2026, an 8-K current report on August 5, 2026 and a Form 4 insider filing on October 1, 2026.
What is BATRK's SEC CIK number?
Atlanta Braves Holdings, Inc. (BATRK)'s SEC Central Index Key (CIK) is 1958140. EDGAR lists every BATRK filing under that number.
Ask anything about BATRK
The research agent reads BATRK's filings, financials, insider trades and 13F holders, then answers with sources.