Atlanta Braves Holdings reported a significant increase in total revenue for the first quarter of 2025, driven by strong growth in both baseball and mixed-use development segments. Operating income and Adjusted OIBDA also showed improvement compared to the prior year.
Atlanta Braves Holdings reported a total revenue of $52.118 million in the fourth quarter of 2024, a decrease from $67.748 million in the prior year period. The company experienced a net loss of $19.125 million for the quarter. Mixed-use development revenue increased by 21%, while baseball revenue decreased by 35% for the quarter.
Atlanta Braves Holdings reported a 7% increase in total revenue for the third quarter of 2024, reaching $291 million. Baseball revenue increased by 7% to $273 million, and mixed-use development revenue grew by 12% to $17 million. However, operating income decreased by 59% to $6.4 million due to increased baseball operating costs.
Atlanta Braves Holdings reported a 5% increase in total revenue, reaching $283 million for the second quarter of 2024. Operating income increased by 28% to $25 million. The company announced new seating options at Truist Park to enhance the fan experience.