BOC · Boston Omaha Corp - Financials
Annual line items from SEC XBRL filings, sourced from EDGAR's Company Facts API with fallback to the quarterly Financial Statement Data Sets. See issuer overview for Form 4 activity and 10-K signals.
Income Statement
| Line item | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $28.25M | - | $28.73M | $28.20M | $27.73M | - | $27.70M | $27.09M | $25.55M | - |
| Cost of Revenue | $10.78M | - | $9.01M | $9.57M | $8.20M | - | - | - | - | - |
| Gross Profit | $17.47M | - | $19.02M | $18.64M | $18.65M | - | $18.69M | $18.48M | $17.36M | - |
| R&D | - | - | - | - | - | - | - | - | - | - |
| SG&A | $3.88M | - | $4.01M | $4.00M | $3.78M | - | $4.34M | $4.00M | $4.06M | - |
| Total Operating Expenses | $19.66M | - | $20.07M | $22.87M | $19.42M | - | $28.44M | $31.48M | $27.61M | - |
| D&A | $4.45M | - | $4.32M | $4.16M | $4.03M | - | $5.67M | $5.46M | $5.34M | - |
| Operating Income | ($2.19M) | - | ($1.05M) | ($820.5K) | ($797.4K) | - | ($740.0K) | ($4.40M) | ($2.06M) | - |
| Interest Expense | $609.0K | - | $650.1K | $368.4K | $282.0K | - | $466.7K | $368.4K | $282.0K | - |
| Income Tax | ($669.0K) | - | ($809.4K) | ($743.7K) | ($186.9K) | - | ($533.1K) | ($22.0K) | ($937.2K) | - |
| Net Income | ($2.15M) | - | ($2.59M) | ($2.32M) | ($669.3K) | - | ($1.60M) | ($2.24M) | ($2.81M) | - |
| EPS - Basic | ($0.07) | - | ($0.08) | ($0.07) | ($0.02) | - | ($0.05) | ($0.07) | ($0.09) | - |
| EPS - Diluted | ($0.07) | - | ($0.08) | ($0.07) | ($0.02) | - | ($0.05) | ($0.07) | ($0.09) | - |
Balance Sheet
| Line item | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | $28.79M | $28.62M | $37.05M | $29.69M | $22.26M | $28.29M | $19.43M | $24.62M | $17.40M | $21.95M |
| Accounts Receivable | $11.61M | $16.02M | $14.89M | $13.35M | $12.54M | $12.43M | $13.62M | $13.52M | $12.32M | $12.14M |
| Inventory | - | - | - | - | - | - | - | - | - | - |
| Accounts Payable | - | - | - | - | - | - | - | - | - | - |
| Current Assets | $110.07M | $118.94M | $126.13M | $124.33M | $126.17M | $117.45M | $108.57M | $100.65M | $129.86M | $131.39M |
| Total Assets | $696.16M | $713.07M | $721.35M | $730.63M | $730.84M | $728.35M | $711.94M | $723.06M | $757.34M | $768.21M |
| Current Liabilities | $59.28M | $60.17M | $61.00M | $60.78M | $56.89M | $54.91M | $51.99M | $49.97M | $44.40M | $51.39M |
| Long-term Debt | $45.78M | $46.38M | $43.39M | $43.85M | $41.15M | $38.36M | $35.49M | $36.10M | $26.31M | $26.52M |
| Total Liabilities | $172.99M | $177.00M | $173.43M | $175.35M | $171.08M | $165.63M | $158.50M | $157.66M | $143.25M | $151.75M |
| Stockholders' Equity | $509.22M | $516.14M | $528.38M | $530.97M | $533.29M | $532.82M | $527.68M | $530.48M | $536.18M | $538.21M |
| Retained Earnings | ($19.32M) | ($17.18M) | ($10.33M) | ($7.74M) | ($5.42M) | ($4.75M) | ($10.09M) | ($8.50M) | $12.86M | $15.67M |
Cash Flow
| Line item | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | $3.86M | - | - | - | $2.56M | - | - | - | $2.42M | - |
| Investing Cash Flow | $5.33M | - | - | - | ($11.23M) | - | - | - | $22.88M | - |
| Financing Cash Flow | ($11.00M) | - | - | - | $6.83M | - | - | - | ($4.65M) | - |
| CapEx | $6.48M | - | - | - | $6.86M | - | - | - | $8.45M | - |
| Free Cash Flow | ($2.62M) | - | - | - | ($4.30M) | - | - | - | ($6.03M) | - |
Ratios
| Metric | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Profitability | ||||||||||
| Gross margin | 61.8% | - | 66.2% | 66.1% | 67.3% | - | 67.5% | 68.2% | 67.9% | - |
| Operating margin | -7.7% | - | -3.7% | -2.9% | -2.9% | - | -2.7% | -16.2% | -8.1% | - |
| EBITDA margin | 8.0% | - | 11.4% | 11.8% | 11.6% | - | 17.8% | 3.9% | 12.8% | - |
| Net margin | -7.6% | - | -9.0% | -8.2% | -2.4% | - | -5.8% | -8.3% | -11.0% | - |
| Free cash flow margin | -9.3% | - | - | - | -15.5% | - | - | - | -23.6% | - |
| FCF / Net income | 1.22 | - | - | - | 6.43 | - | - | - | 2.15 | - |
| R&D / Revenue | - | - | - | - | - | - | - | - | - | - |
| SG&A / Revenue | 13.7% | - | 14.0% | 14.2% | 13.6% | - | 15.7% | 14.8% | 15.9% | - |
| Effective tax rate | - | - | - | - | - | - | - | - | - | - |
| Return on assets | -0.3% | - | -0.4% | -0.3% | -0.1% | - | -0.2% | -0.3% | -0.4% | - |
| Return on equity | -0.4% | - | -0.5% | -0.4% | -0.1% | - | -0.3% | -0.4% | -0.5% | - |
| Return on invested capital | -0.3% | - | -0.1% | -0.1% | -0.1% | - | -0.1% | -0.6% | -0.3% | - |
| Liquidity | ||||||||||
| Current ratio | 1.86 | 1.98 | 2.07 | 2.05 | 2.22 | 2.14 | 2.09 | 2.01 | 2.92 | 2.56 |
| Quick ratio | 1.86 | 1.98 | 2.07 | 2.05 | 2.22 | 2.14 | 2.09 | 2.01 | 2.92 | 2.56 |
| Cash ratio | 0.49 | 0.48 | 0.61 | 0.49 | 0.39 | 0.52 | 0.37 | 0.49 | 0.39 | 0.43 |
| Leverage | ||||||||||
| Debt / Equity | 0.09 | 0.09 | 0.08 | 0.08 | 0.08 | 0.07 | 0.07 | 0.07 | 0.05 | 0.05 |
| Debt / Assets | 0.07 | 0.07 | 0.06 | 0.06 | 0.06 | 0.05 | 0.05 | 0.05 | 0.03 | 0.03 |
| Debt / EBITDA | 20.27 | - | 13.28 | 13.15 | 12.74 | - | 7.19 | 34.07 | 8.02 | - |
| Interest coverage | -3.6x | - | -1.6x | -2.2x | -2.8x | - | -1.6x | -11.9x | -7.3x | - |
| Equity multiplier | 1.37 | 1.38 | 1.37 | 1.38 | 1.37 | 1.37 | 1.35 | 1.36 | 1.41 | 1.43 |
| Liabilities / Assets | 0.25 | 0.25 | 0.24 | 0.24 | 0.23 | 0.23 | 0.22 | 0.22 | 0.19 | 0.20 |
| Efficiency | ||||||||||
| Asset turnover | 0.04 | - | 0.04 | 0.04 | 0.04 | - | 0.04 | 0.04 | 0.03 | - |
| Inventory turnover | - | - | - | - | - | - | - | - | - | - |
| Days sales outstanding | 150d | - | 189d | 173d | 165d | - | 180d | 182d | 176d | - |
| Days inventory outstanding | - | - | - | - | - | - | - | - | - | - |
| Days payable outstanding | - | - | - | - | - | - | - | - | - | - |
| Cash conversion cycle | - | - | - | - | - | - | - | - | - | - |
| Valuation | ||||||||||
| P / E | - | - | - | - | - | - | - | - | - | - |
| P / B | 0.7x | - | 0.8x | 0.8x | 0.9x | - | 0.9x | 0.8x | - | - |
| P / S | 12.7x | - | 14.3x | 15.7x | 16.5x | - | 16.9x | 15.8x | - | - |
| EV / EBITDA | 166.9x | - | 127.8x | 136.7x | 147.7x | - | 98.0x | 415.5x | - | - |
| Growth | ||||||||||
| Revenue growth (YoY) | 1.9% | - | 3.7% | 4.1% | 8.5% | - | 12.8% | 11.9% | 12.0% | - |
| Revenue CAGR (3y) | 7.4% | - | 10.2% | 10.5% | 19.4% | - | 24.1% | - | 21.7% | - |
| Revenue CAGR (5y) | 14.8% | - | 19.9% | 19.7% | 19.4% | - | 20.7% | 21.7% | 22.9% | - |
| Gross profit growth (YoY) | -6.3% | - | 1.8% | 0.9% | 7.4% | - | 12.9% | 12.8% | 16.7% | - |
| Operating income growth (YoY) | -174.4% | - | -42.2% | 81.3% | 61.3% | - | 61.9% | -167.6% | 30.9% | - |
| Net income growth (YoY) | -221.1% | - | -62.2% | -3.8% | 76.2% | - | 2.9% | - | 15.4% | - |
| EPS growth (YoY) | -250.0% | - | -60.0% | 0.0% | 77.8% | - | 0.0% | - | 18.2% | - |
| EPS CAGR (3y) | - | - | - | - | - | - | - | - | - | - |
| EPS CAGR (5y) | - | - | - | - | - | - | - | - | - | - |
| FCF growth (YoY) | 39.1% | - | - | - | 28.7% | - | - | - | 9.2% | - |
| FCF CAGR (5y) | - | - | - | - | - | - | - | - | - | - |
| Book value growth (YoY) | -4.5% | -3.1% | 0.1% | 0.1% | -0.5% | -1.0% | -2.5% | -2.2% | 1.6% | 6.9% |
Sales by segment
From XBRL dimensional facts in the 10-K period ending 2025-12-31.
Business segments
$114.38M totalLMH$45.85M · 40.1%
BOB$41.19M · 36.0%
GIG$27.24M · 23.8%
BOAM$93.9K · 0.1%
Peer comparison
Same SIC group: Real Estate Operators (No Developers) & Lessors
Comparing BOSTON OMAHA Corp against the 3 most active filers in the same SIC group.