Every 10-Q that Boston Omaha Corporation (BOC) has filed with the SEC in the last 24 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 10-Q covers the quarterly report filed between annual reports, so if you follow BOC and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full BOC filings page.
Boston Omaha Corporation reported second‑quarter 2026 results showing modest revenue growth but continuing losses from its core businesses. Operating revenues from continuing operations were $43.9 million for the first six months of 2026, up slightly from the prior year, driven by billboard rentals and broadband services.
For the six months ended June 30, 2026, the company recorded a net loss from continuing operations attributable to common stockholders of $3.6 million, or $0.12 per share
A major strategic step was a definitive agreement to sell 100% of its insurance business, General Indemnity Group (GIG), to CopperPoint Insurance Company for approximately $84.3 million in cash, with about 93% of net proceeds expected to go to Boston Omaha and the rest to GIG’s senior management. GIG is now classified as held for sale and reported as discontinued operations. The balance sheet showed total assets of $683.1 million and total equity of $515.3 million, with long‑term debt (including current portions) of about $47.6 million.
Boston Omaha Corporation reported a larger quarterly loss despite slightly higher revenue for the three months ended March 31, 2026. Total revenue rose to $28.2 million from $27.7 million, driven mainly by steady billboard rentals of $11.0 million and broadband services of $10.8 million. Insurance-related revenues, including premiums and commissions, contributed about $6.1 million.
Costs and expenses increased to $30.4 million from $28.5 million, with insurance cost of revenues rising to $4.7 million and higher professional fees. The company recorded an equity loss from unconsolidated affiliates of $1.7 million and net other investment income of $1.0 million. Net loss attributable to common stockholders widened to $2.1 million from $0.7 million, or a basic and diluted net loss per share of $0.07 versus $0.02 a year earlier.
Despite the loss, operating activities generated $3.9 million of cash, up from $2.6 million, helped by non-cash depreciation and amortization. Total cash, cash equivalents and restricted cash were $44.9 million as of March 31, 2026, while total assets were $696.2 million and total equity was $523.2 million. During the quarter, the company repurchased 375,286 Class A shares for approximately $4.8 million under its 2025 share repurchase program.
Boston Omaha Corporation reported Q3 2025 results showing steady top-line growth but a wider quarterly loss. Total revenues were $28.7 million, up from $27.7 million in Q3 2024, led by billboard rentals $11.8 million, broadband services $10.2 million, and insurance premiums earned $5.6 million. Net loss attributable to common stockholders was $2.6 million (basic and diluted -$0.08) versus $1.6 million (basic and diluted -$0.05) a year ago, reflecting higher depreciation and an other investment loss.
For the nine months ended September 30, 2025, revenue reached $84.7 million (from $80.3 million), and net loss attributable to common stockholders improved to $5.6 million (from $6.6 million). Operating cash flow was $12.1 million, with cash, cash equivalents, and restricted cash of $56.2 million at period-end. Total assets were $721.4 million and total liabilities $173.4 million.
Equity-method and investment marks affected results: Q3 2025 included equity in loss of unconsolidated affiliates of $0.6 million and other investment loss of $3.2 million. As of November 12, 2025, shares outstanding were 30,872,876 Class A and 580,558 Class B.
Boston Omaha Corporation reported consolidated total assets of $730,629,347 and total revenues of $55,934,164 for the six months ended June 30, 2025, compared with $52,640,514 in the prior-year period. The company recorded a consolidated net loss of $6,996,969 for the six months, compared with a net loss of $5,264,213 a year earlier. Net loss attributable to common stockholders for the six months was $2,989,368, reflecting a material change in allocation between consolidated loss and amounts attributable to noncontrolling interests.
Operating cash flow remained positive at $7,114,835 for the six months and the company ended the period with $46,840,136 in cash, cash equivalents, and restricted cash. Key drivers in the period included a large other investment loss of $9,573,102, improved equity in income of unconsolidated affiliates of $3,833,176, and capital investment that increased property and equipment to $167,471,673.