Filing Flows › Boston Omaha (BOC) › Q2 2025
Boston Omaha (BOC) Q2 2025 earnings results (second quarter 2025)
10-Q filed Aug 13, 2025
Boston Omaha (BOC) reported revenue of $28.2M for the second quarter 2025 (Q2 2025), +4% from a year earlier and +2% from the quarter before. Operating margin was -2.9%, net loss $4.6M (16.2% of revenue).
Boston Omaha, Q2 2025: revenue $28.2M (+4% year over year), operating margin -2.9%, net loss $4.6M, operating cash flow $4.6M. The chart follows the revenue to costs, profit and cash.
| Q2 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $28.2M | +2% | +4% |
| Operating profit | −$820K | — | — |
| Net earnings | −$4.6M | — | — |
| Operating cash flow | $4.6M | +78% | +1% |
What changed
Revenue was $28.2M in Q2 2025, up 4% year over year and up 2% from the previous quarter.
Gross margin was 66.1%, down 2.1 points from a year earlier. Operating costs exceeded revenue by $820K, an operating margin of -2.9%. Operating expenses fell 15% while revenue rose 4%. The quarter ended with a net loss of $4.6M, wider than the previous quarter's $2.4M loss. Minority interests bore $2.3M of it: to shareholders the quarter was a loss of $2.3M. Net interest and other expense of $4.5M was the main reason.
Operating cash flow was $4.6M (up 1% year over year). Non-cash charges added back $4.1M of depreciation. Working capital and other items added $5.0M. Capital expenditures of $7.3M exceeded it, leaving free cash flow of −$2.7M.
Questions
What was Boston Omaha's revenue in the second quarter 2025?
Boston Omaha (BOC) reported revenue of $28.2M for the second quarter 2025 (Q2 2025), +4% from a year earlier and +2% from the quarter before.
Was Boston Omaha profitable in the second quarter 2025?
Operating loss was $820K (-2.9% of revenue) and net loss $4.6M.
Source: Boston Omaha 10-Q on SEC EDGAR.