---
schema_version: "secwatch.filing_event.v1"
accession: "0001437749-25-034855"
form_type: "8-K"
ticker: "BOC"
cik: "0001494582"
company_name: "BOSTON OMAHA Corp"
filed_at: "2025-11-13T23:59:59+00:00"
generated_at: "2026-05-16T20:18:41.194311+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Boston Omaha Q3 2025 net loss $(0.08)/share vs $(0.05) YoY; revenue up 3.7%

## Summary
- Net loss attributable to common holders $(2.59M), wider than $(1.60M) in Q3 2024; operating loss $(1.05M).
- Total revenue $28.73M, up from $27.70M; billboard rentals +2.5%, broadband services +5.0%.
- Net other expense $4.11M driven by $1.5M unrealized loss on Sky Harbour warrants and $2.0M BOAM losses.
- Investment in Sky Harbour (equity method) valued at $82.7M; fair value would be $126.9M.
- Book value per share $16.80 vs $16.99 at Dec 2024; unrestricted cash & investments $56.2M.

## SEC filing metadata
- accession: 0001437749-25-034855
- form_type: 8-K
- ticker: BOC
- cik: 0001494582
- company_name: BOSTON OMAHA Corp
- filed_at: 2025-11-13T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1494582/000143774925034855/0001437749-25-034855-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1494582/000143774925034855/bomn20251112_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001437749-25-034855
- JSON: https://secwatch.observer/filing/0001437749-25-034855.json
- Plain text: https://secwatch.observer/filing/0001437749-25-034855.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.