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Boston Omaha (BOC) Q2 2026 earnings results (second quarter 2026)

10-Q filed Aug 13, 2026

Boston Omaha (BOC) reported revenue of $22.2M for the second quarter 2026 (Q2 2026), +2% from a year earlier and -21% from the quarter before. Operating margin was -2.7%, net loss $2.2M (9.8% of revenue).

Revenue$22.2M
Year over year+2%
Quarter over quarter-21%
Operating margin-2.7%
Net earnings−$2.2M

Boston Omaha, Q2 2026: revenue $22.2M (+2% year over year), operating margin -2.7%, net loss $2.2M. The chart follows the revenue to costs, profit and cash.

Q2 2026AmountQ/QY/Y
Revenue$22.2M-21%+2%
Operating profit−$603K——
Net earnings−$2.2M——

What changed

Revenue was $22.2M in Q2 2026, up 2% year over year and down 21% from the previous quarter. Billboard Rentals was the largest line at 53% of revenue. Billboard Rentals added $282K year over year (up 2%), 54% of the total change.

Gross margin was 72.1%, down 0.2 points from Q2 2025. Operating costs exceeded revenue by $603K, an operating margin of -2.7%. Operating expenses grew 3% against revenue growth of 2%. The quarter ended with a net loss of $2.2M, narrower than the previous quarter's $2.6M loss. Minority interests bore $554K of it: to shareholders the quarter was a loss of $1.6M. Net interest and other expense of $2.0M was the main reason.

Questions

What was Boston Omaha's revenue in the second quarter 2026?

Boston Omaha (BOC) reported revenue of $22.2M for the second quarter 2026 (Q2 2026), +2% from a year earlier and -21% from the quarter before.

Was Boston Omaha profitable in the second quarter 2026?

Operating loss was $603K (-2.7% of revenue) and net loss $2.2M.

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Source: Boston Omaha 10-Q on SEC EDGAR.