Boston Omaha Corporation filed its quarterly report on Form 10-Q with the SEC on August 13, 2026, covering the three and six months ended June 30, 2026, reporting continued net losses across its billboard and broadband segments.

Key Highlights

  • Total revenues (Q2 2026): $22,200 thousand for the three months ended June 30, 2026, compared with $21,679 thousand in the same period of 2025.
  • Net loss attributable to common stockholders (Q2 2026): $(1,612) thousand, or $(0.05) per basic and diluted share, versus $(2,319) thousand, or $(0.07) per share, in Q2 2025.
  • Six-month net loss: $(3,760) thousand for the six months ended June 30, 2026, compared with $(2,989) thousand for the same period in 2025.
  • Total assets: $683,052 thousand as of June 30, 2026, down from $713,073 thousand as of December 31, 2025.
  • Treasury stock increased: 1,389,177 shares held at cost totaling $(18,003) thousand as of June 30, 2026, up from 561,868 shares at $(7,429) thousand as of December 31, 2025.
  • Shares outstanding: 29,546,008 shares of Class A common stock and 580,558 shares of Class B common stock as of August 12, 2026.

Boston Omaha's Q2 2026 Operations: Billboard and Broadband Results

According to the filing, Boston Omaha's two primary revenue streams for the three months ended June 30, 2026, were billboard rentals, net, which totaled $11,723 thousand, and broadband services, which totaled $10,477 thousand. For the comparable prior-year quarter, those figures were $11,441 thousand and $10,234 thousand, respectively. Total costs and expenses for Q2 2026 were $22,803 thousand, exceeding total revenues of $22,200 thousand and producing a net loss from operations of $(603) thousand, compared with a net loss from operations of $(512) thousand in Q2 2025.

The filing also reported other investment loss of $(1,747) thousand and equity in loss of unconsolidated affiliates of $(404) thousand for the three months ended June 30, 2026, contributing to a net loss from continuing operations before income taxes of $(3,103) thousand. After an income tax benefit of $448 thousand and a noncontrolling interest adjustment of $553 thousand, the net loss from continuing operations attributable to common stockholders was $(2,102) thousand, or $(0.07) per share, for Q2 2026. Income from discontinued operations, net of income taxes, was $490 thousand for the quarter.

On the balance sheet as of June 30, 2026, the company reported total equity of $515,281 thousand, including Boston Omaha stockholders' equity of $501,852 thousand and noncontrolling interests of $13,429 thousand. Goodwill remained unchanged at $171,055 thousand. Assets held for sale stood at $79,965 thousand, and liabilities held for sale were $41,130 thousand, according to the filing. Long-term debt, less current maturities, was reported at $45,177 thousand as of June 30, 2026, compared with $46,385 thousand as of December 31, 2025. The accumulated deficit widened to $(20,937) thousand from $(17,176) thousand at year-end 2025.

What Was Disclosed

Boston Omaha Corporation (NYSE:BOC) disclosed its unaudited condensed consolidated financial results for the quarter and six months ended June 30, 2026, showing total revenues of $22,200 thousand for Q2 2026, a net loss attributable to common stockholders of $(1,612) thousand, and total assets of $683,052 thousand.