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Upexi Reports Fiscal Third Quarter 2026 Financial Results

  • On Monday, May 11, 2026, Atlanta Braves Holdings reported first quarter 2026 financial results, with total revenue reaching $72 million, up 53% year-over-year.
  • Baseball revenue increased 60% to $45.7 million, driven by five home games played in Q1 2026 compared to zero in the prior year period, plus contractual rate increases on season tickets and sponsorships.
  • Mixed-Use development revenue climbed 41% to $26.3 million, supported by an April 2025 acquisition of real estate assets adjacent to The Battery Atlanta, which increased rental income and tenant recoveries.
  • Operating loss narrowed to $ million from $ million, while adjusted OIBDA improved 39% year-over-year to $ million, easing near-term financial pressure.
  • Cash increased $35 million during the quarter and debt fell approximately $30 million, primarily from TeamCo revolver repayments, positioning ABH to manage refinancing risks and support ongoing development initiatives.
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The News-Gazette broke the news on Monday, May 11, 2026.
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