NYSE$BOC

Boston Omaha Corporation · Q1 2026 earnings

Q1 2026 earnings · · Investor relations

Briefing

Boston Omaha Corporation reported its financial results for the first quarter ended March 31, 2026.

Boston Omaha Corporation's Q1 2026 results showed total revenues of $28.2 million, up 1.9% from the prior year. The company reported a net loss attributable to common stockholders of $2.1 million, or $0.07 per share, with improved performance in billboard and broadband segments offset by higher losses in insurance. The company continued share repurchases and capital investments in broadband infrastructure.

  • Total revenues increased 1.9% year-over-year to $28.2 million driven by growth in billboard rentals and broadband services.
  • Net loss from operations widened to $2.2 million primarily due to elevated loss and loss adjustment expenses in the insurance segment.
  • Billboard and broadband segments delivered positive segment income while the company invested $6.5 million in capital expenditures.
  • Continued execution of the 2025 Share Repurchase Program with $4.8 million in Class A common stock repurchases during the quarter.

Headline financials

Total Revenue

$28.2M

Previous: $27.7M+1.9%
EPS (adj)

-$0.07

Previous: -$0.02-250.0%
Total Liabilities

$173M

Previous: $171M+1.1%
Boston Omaha Stockholders' Equity

$509M

Previous: $533M-4.5%
Noncontrolling Interests

$13.9M

Previous: $26.5M-47.3%
Total Equity

$523M

Previous: $560M-6.5%
Depreciation and Amortization

$6.38M

No prior period
Capital Expenditures

-$6.48M

Previous: -$6.86M+5.5%
Free Cash Flow

-$2.62M

Previous: -$7.53M+65.2%
Net Income

-$2.15M

Previous: -$669K-221.1%
Operating Income

-$2.19M

Previous: -$797K-174.4%
Gross Profit

$17.5M

Previous: $18.6M-6.3%
Cash & Equivalents

$28.8M

Previous: $22.3M+29.3%
Total Assets

$696M

Previous: $731M-4.7%

Revenue & EPS history

Boston Omaha · Revenue · Quarterly

$28.2M

Q1 2026+1.9%vs Q1 2025
Beat estimate in 7 of 13 quarters(54%)
ActualEstimate

Revenue by segment

Boston Omaha · $28.2M total across 5 segments · Q1 2026

  • Billboard Rentals
    $11M
  • Broadband Services
    $10.8M
  • Premiums Earned
    $5.46M
  • Insurance Commissions
    $631K
  • Investment and Other Income
    $438K

Forward guidance

The company continues to focus on organic growth and capital investments in its billboard and broadband segments while managing underwriting risks in insurance.

Tailwinds

  • Steady revenue growth in core billboard and broadband operations
  • Ongoing share repurchase activity returning capital to shareholders

Headwinds

  • Elevated loss expenses in the surety insurance business

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 19 quarterly earnings reports · overlaid with Q1 2026

Historical avgQ1 2026

-1.5%

Avg return

Earnings day

-1.4%

Avg return

5 days after

+0.5%

Avg return

30 days after

36%

13 / 36 earnings

Positive

+10.3%

Q3 2020

Best reaction

-11.3%

Q4 2019

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026+2.6%+8.8%
Q4 2025-2.8%-1.2%+1.6%
Q3 2025-6.7%-0.2%+9.9%
Q2 2025-9.6%-7.6%-1.5%
Q1 2025-6.2%-7.0%-8.5%
Q4 2024-0.5%+3.0%+7.3%
Q3 2024-6.6%-10.5%-5.6%
Q2 2024+1.1%+3.4%+9.9%
Q1 2024-2.2%-1.5%-0.8%
Q4 2023-4.3%-5.1%-1.5%
Q3 2023+5.2%+6.5%+11.8%
Q2 2023-1.6%-4.7%-5.4%
Q1 2023-1.7%-2.0%-0.8%
Q4 2022+5.5%+2.3%-4.3%
Q3 2022+6.0%+6.0%+2.9%
Q2 2022+4.8%+2.8%-2.6%
Q1 2022-0.1%-0.3%-0.2%
Q4 2021-0.5%-11.3%-25.0%
Q3 2021-3.9%-8.3%-19.5%
Q2 2021-5.2%-4.7%+1.8%
Q1 2021+1.0%+8.8%+13.5%
Q4 2020-7.5%-15.6%-21.3%
Q3 2020+10.3%+17.1%+35.4%
Q2 2020+1.9%-2.5%-3.2%
Q1 2020+1.7%-4.2%-14.5%
Q4 2019-11.3%-1.0%+19.8%
Q3 2019-4.5%-6.7%-11.5%
Q2 2019-1.3%+0.2%+2.2%
Q1 2019-6.4%-6.5%-9.4%
Q4 2018-0.1%-8.8%-7.9%
Q3 2018-10.8%-10.4%-15.0%
Q2 2018-6.0%-7.2%+34.7%
Q1 2018+0.9%-1.6%-10.2%
Q4 2017+1.1%+18.0%-4.1%
Q3 2017-2.2%-1.5%+31.1%
Q2 2017+7.8%+2.7%+9.9%
Q1 2017
Q4 2016
Q3 2016
Q2 2016
Q1 2016
Q4 2015
Q3 2015
Q2 2015
Q1 2015
Q4 2014
Q3 2014
Q2 2014
Q1 2014
Q4 2013
Q3 2013
Q2 2013
Q1 2013
Q4 2012
Q3 2012

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