BATRAAtlanta Braves Holdings, Inc.

$3B

Q2 2023 Earnings

Communication Services Entertainment

Income Statement

Revenue

$270M+7.9% YoY

Gross Profit

$72M26.8% margin

Operating Income

$19M7.2% margin

Net Income

-$29M-10.7% margin

EPS (Diluted)

$-0.47

QoQ Revenue Growth

+772.2%

Cash Flow

Operating Cash Flow

-$49M

Free Cash Flow

-$65M

Stock-Based Comp.

$0

Balance Sheet

Total Assets

$1.5B

Total Liabilities

$1.3B

Stockholders' Equity

$211M

Cash & Equivalents

$131M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$270M	$250M	+7.9%
Gross Profit	$72M	$78M	-7.4%
Operating Income	$19M	$28M	-29.4%
Net Income	-$29M	$64M	-145.4%

Revenue Segments

Sirius XM Holdings Revenue

$2.3B69%

Formula 1

$724M22%

Other

$270M8%

BATRA Q2 2023 Earnings — Atlanta Braves Holdings, Inc. Revenue & Financial Results | Market Cap Arena