Boston Omaha Corp income statement
In fiscal 2025, Boston Omaha Corp reported revenue of $114m, up 5.6% on the year before, operating income of −$3.9m (a -3.4% margin) and net income of −$12.4m, or −$0.40 per diluted share. Every line below comes from the company's 10-K and 10-Q filings; column headings link to the filing.
Income statement
| Fiscal year | 2012Dec 2012 | 2013Dec 2013 | 2014Dec 2014 | 2015Dec 2015 | 2016Dec 2016 | 2017Dec 2017 | 2018Dec 2018 | 2019Dec 2019 | 2020Dec 2020 | 2021Dec 2021 | 2022Dec 2022 | 2023Dec 2023 | 2024Dec 2024 | 2025Dec 2025 | LTMJun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 0 | 0 | 0 | 1 | 4 | 9 | 20 | 41 | 46 | 57 | 81 | 96 | 108 | 114 | 109 |
| Cost of revenue | — | — | — | 0 | 1 | 3 | 6 | 11 | — | — | — | 32 | 34 | 39 | 37 |
| Gross profit | — | — | — | 0 | 3 | 6 | 12 | 24 | 27 | 38 | 55 | 64 | 74 | 75 | 71 |
| General and administrative | 0 | 0 | — | 0 | 1 | 2 | 4 | 6 | 7 | 10 | 13 | 16 | 16 | 16 | 15 |
| Operating income | — | −0 | −0 | −1 | −3 | −7 | −12 | −12 | −5 | −24 | −5 | −9 | −8 | −4 | −5 |
| Interest expense | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 1 | 1 | 1 | 2 | 2 | 2 |
| Income before tax | — | — | −0 | −1 | −3 | −6 | −9 | −1 | −2 | 73 | 8 | −9 | 3 | −18 | −17 |
| Income tax | — | — | — | — | — | — | — | 0 | 0 | 18 | −3 | −3 | −0 | −0 | −0 |
| Net income | −0 | −0 | −0 | −1 | −3 | −6 | −9 | −1 | −0 | 53 | 10 | −7 | −1 | −12 | −13 |
| Diluted EPS | — | −$0.07 | −$0.06 | −$0.18 | −$0.53 | −$0.60 | −$0.46 | −$0.07 | $0.00 | $1.82 | $0.34 | −$0.23 | −$0.04 | −$0.40 | −$0.43 |
| Diluted shares (average) | 1m | 1m | 1m | 6m | 6m | 11m | 20m | 23m | 26m | 29m | 30m | 31m | 31m | 31m | 31m |
| EBITDA | — | −0 | — | −1 | −2 | −3 | −4 | 1 | 3 | −14 | 10 | 11 | 6 | 13 | 13 |
| Quarter | 2024 Q3Sept 2024 | 2024 Q4Dec 2024 | 2025 Q1Mar 2025 | 2025 Q2Jun 2025 | 2025 Q3Sept 2025 | 2025 Q4Dec 2025 | 2026 Q1Mar 2026 | 2026 Q2Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 28 | 28 | 28 | 22 | 29 | 30 | 28 | 22 |
| Cost of revenue | 9 | 9 | 9 | 6 | 10 | 11 | 11 | 6 |
| Gross profit | 19 | 19 | 19 | 16 | 19 | 19 | 17 | 16 |
| General and administrative | 4 | 4 | 4 | 3 | 4 | 4 | 4 | 3 |
| Operating income | −1 | −1 | −1 | −1 | −1 | −1 | −2 | −1 |
| Interest expense | 0 | 0 | 1 | 1 | 1 | 1 | 1 | 1 |
| Income before tax | −2 | 11 | −3 | −5 | −5 | −5 | −3 | −3 |
| Income tax | −1 | 1 | −0 | −1 | −1 | 2 | −1 | −0 |
| Net income | −2 | 5 | −1 | −2 | −3 | −7 | −2 | −2 |
| Diluted EPS | −$0.05 | $0.17 | −$0.02 | −$0.07 | −$0.08 | −$0.22 | −$0.07 | −$0.05 |
| EBITDA | 5 | −3 | 3 | 4 | 3 | 3 | 2 | 4 |
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