Atlanta Braves Holdings Q2 FY26 operating loss widens to $19 million; revenue falls 2% to $305 million
Quarterly results
Atlanta Braves Holdings posted Q2 revenue of $305 million, down 2% year over year, and operating results swung to a $19 million operating loss.
Adjusted OIBDA fell 82% to $12 million, with Baseball Adjusted OIBDA turning to a $6 million loss from profit.
Segment performance and costs
Baseball segment revenue fell 4% to $276 million due to six fewer home games. Mixed-Use Development revenue rose 14% to $29 million.
Mixed-Use Development Adjusted OIBDA increased 18% to $21 million, offsetting weaker baseball profitability.
Baseball operating costs climbed 20% to $252 million on higher major league salaries, BravesVision production, special events, and MLB revenue sharing.
