Atlanta Braves Holdings, Inc.
For the period ended Sep 30, 2025. Filed Nov 5, 2025.
View on SEC.govAbout this filing
A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Sep 30, 2025 · Filed Nov 5, 2025
BATRA$57.43-0.1%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Condensed Consolidated Statements of Cash Flows (unaudited)
Condensed Consolidated Statements of Cash Flows
| | | | | | | |
|---|---|---|---|---|---|---|
| · Nine months ended · | ||||||
| · · September 30, · | ||||||
| · 2025 · 2024 · | ||||||
| · · amounts in thousands · | ||||||
| Cash flows from operating activities: · · | ||||||
| Net earnings (loss) | | $18,205 | (12,143) | | ||
| Adjustments to reconcile net earnings (loss) to net cash provided by (used in) operating activities: | | | ||||
| Depreciation and amortization | | 57,996 | 50,669 | | ||
| Stock-based compensation | | 10,049 | 13,789 | | ||
| Share of (earnings) losses of affiliates, net | | (24,213) | (26,951) | | ||
| Realized and unrealized (gains) losses on financial instruments, net | | 1,083 | (1,429) | | ||
| Deferred income tax expense (benefit) | | 11,054 | (10,902) | | ||
| Cash receipts from returns on equity method investments | | | 11,400 | | 12,552 | |
| Net cash received (paid) for interest rate swaps | | | 1,991 | | 4,564 | |
| Other charges (credits), net | | 5,687 | 398 | | ||
| Net change in operating assets and liabilities: | | | ||||
| Current and other assets | | (62,326) | (42,539) | | ||
| Payables and other liabilities | | (32,101) | (280) | | ||
| Net cash provided by (used in) operating activities | | (1,175) | (12,272) | | ||
| Cash flows from investing activities: | | | ||||
| Capital expended for property and equipment | | (43,963) | (73,922) | | ||
| Acquisition of real estate assets | | | (93,709) | | — | |
| Other investing activities, net | | | 6 | | (293) | |
| Net cash provided by (used in) investing activities | | (137,666) | (74,215) | | ||
| Cash flows from financing activities: | | | ||||
| Borrowings of debt | | 153,509 | 106,343 | | ||
| Repayments of debt | | (15,314) | (39,284) | | ||
| Proceeds (disbursements) from exercise of stock options and other stock issuances | | | 7,968 | | 408 | |
| Other financing activities, net | | (5,304) | (2,677) | | ||
| Net cash provided by (used in) financing activities | | 140,859 | 64,790 | | ||
| Net increase (decrease) in cash, cash equivalents and restricted cash | | 2,018 | (21,697) | | ||
| Cash, cash equivalents and restricted cash at beginning of period | | 112,599 | 137,717 | | ||
| Cash, cash equivalents and restricted cash at end of period | | $114,617 | 116,020 | | ||
| | | | | | | |
| Supplemental disclosure to the condensed consolidated statements of cash flows: | | | | | | |
| Property and equipment expenditures incurred but not yet paid | | $6,192 | | 14,639 | | |
The following table reconciles cash and cash equivalents and restricted cash reported in our condensed consolidated balance sheets to the total amount presented in our condensed consolidated statements of cash flows:
| · · · · · · | ||||
|---|---|---|---|---|
| · · September 30, · · December 31, · | ||||
| · · 2025 · · 2024 · | ||||
| · · amounts in thousands · | ||||
| Cash and cash equivalents | $82,237 | 110,144 | | |
| Restricted cash | | 32,380 | 2,455 | |
| Total cash, cash equivalents and restricted cash at end of period | | $114,617 | 112,599 | |
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