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Side-by-side financial comparison of ARK RESTAURANTS CORP (ARKR) and BOSTON OMAHA Corp (BOC). Click either name above to swap in a different company.

ARK RESTAURANTS CORP is the larger business by last-quarter revenue ($40.7M vs $29.7M, roughly 1.4× BOSTON OMAHA Corp). ARK RESTAURANTS CORP runs the higher net margin — 2.2% vs -23.1%, a 25.3% gap on every dollar of revenue. On growth, BOSTON OMAHA Corp posted the faster year-over-year revenue change (6.4% vs -9.4%). ARK RESTAURANTS CORP produced more free cash flow last quarter ($-1.8M vs $-10.0M). Over the past eight quarters, BOSTON OMAHA Corp's revenue compounded faster (7.8% CAGR vs -1.8%).

ARK Restaurants Corp operates a diversified portfolio of dining establishments across the United States, spanning casual dining, fast-casual, and upscale fine dining segments. Its offerings include American comfort food, BBQ, seafood, and Italian cuisine, serving local community patrons and tourist visitors across dozens of locations in multiple states.

Boston Omaha Corporation is a publicly traded diversified holding company. Its core operating segments include outdoor advertising, surety insurance, residential real estate development, and fixed wireless broadband services, primarily serving customers across the United States, with a focus on driving long-term shareholder value via strategic acquisitions and organic operational growth.

ARKR vs BOC — Head-to-Head

Bigger by revenue
ARKR
ARKR
1.4× larger
ARKR
$40.7M
$29.7M
BOC
Growing faster (revenue YoY)
BOC
BOC
+15.8% gap
BOC
6.4%
-9.4%
ARKR
Higher net margin
ARKR
ARKR
25.3% more per $
ARKR
2.2%
-23.1%
BOC
More free cash flow
ARKR
ARKR
$8.2M more FCF
ARKR
$-1.8M
$-10.0M
BOC
Faster 2-yr revenue CAGR
BOC
BOC
Annualised
BOC
7.8%
-1.8%
ARKR

Income Statement — Q1 FY2026 vs Q4 FY2025

Metric
ARKR
ARKR
BOC
BOC
Revenue
$40.7M
$29.7M
Net Profit
$896.0K
$-6.9M
Gross Margin
64.0%
Operating Margin
2.7%
-4.2%
Net Margin
2.2%
-23.1%
Revenue YoY
-9.4%
6.4%
Net Profit YoY
-71.7%
-228.1%
EPS (diluted)
$0.25
$-0.23

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
ARKR
ARKR
BOC
BOC
Q4 25
$40.7M
$29.7M
Q3 25
$37.3M
$28.7M
Q2 25
$43.7M
$28.2M
Q1 25
$39.7M
$27.7M
Q4 24
$45.0M
$27.9M
Q3 24
$43.4M
$27.7M
Q2 24
$50.4M
$27.1M
Q1 24
$42.3M
$25.6M
Net Profit
ARKR
ARKR
BOC
BOC
Q4 25
$896.0K
$-6.9M
Q3 25
$-1.9M
$-2.6M
Q2 25
$-3.5M
$-2.3M
Q1 25
$-9.3M
$-669.3K
Q4 24
$3.2M
$5.3M
Q3 24
$-4.5M
$-1.6M
Q2 24
$640.0K
$-2.2M
Q1 24
$-1.4M
$-2.8M
Gross Margin
ARKR
ARKR
BOC
BOC
Q4 25
64.0%
Q3 25
66.2%
Q2 25
66.1%
Q1 25
67.3%
Q4 24
69.5%
Q3 24
67.5%
Q2 24
68.2%
Q1 24
67.9%
Operating Margin
ARKR
ARKR
BOC
BOC
Q4 25
2.7%
-4.2%
Q3 25
-4.6%
-3.7%
Q2 25
-7.8%
-2.9%
Q1 25
-11.6%
-2.9%
Q4 24
12.6%
-4.6%
Q3 24
-12.7%
-2.7%
Q2 24
1.6%
-16.2%
Q1 24
-2.8%
-8.1%
Net Margin
ARKR
ARKR
BOC
BOC
Q4 25
2.2%
-23.1%
Q3 25
-5.1%
-9.0%
Q2 25
-7.9%
-8.2%
Q1 25
-23.3%
-2.4%
Q4 24
7.0%
19.1%
Q3 24
-10.3%
-5.8%
Q2 24
1.3%
-8.3%
Q1 24
-3.4%
-11.0%
EPS (diluted)
ARKR
ARKR
BOC
BOC
Q4 25
$0.25
$-0.23
Q3 25
$-0.53
$-0.08
Q2 25
$-0.96
$-0.07
Q1 25
$-2.57
$-0.02
Q4 24
$0.88
$0.17
Q3 24
$-1.24
$-0.05
Q2 24
$0.18
$-0.07
Q1 24
$-0.40
$-0.09

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
ARKR
ARKR
BOC
BOC
Cash + ST InvestmentsLiquidity on hand
$9.1M
$56.8M
Total DebtLower is stronger
$25.7M
Stockholders' EquityBook value
$33.7M
$516.1M
Total Assets
$130.4M
$713.1M
Debt / EquityLower = less leverage
0.05×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
ARKR
ARKR
BOC
BOC
Q4 25
$9.1M
$56.8M
Q3 25
$11.3M
$67.6M
Q2 25
$12.3M
$68.6M
Q1 25
$11.1M
$69.2M
Q4 24
$13.1M
$73.2M
Q3 24
$10.3M
$58.6M
Q2 24
$11.5M
$53.1M
Q1 24
$10.4M
$53.4M
Total Debt
ARKR
ARKR
BOC
BOC
Q4 25
$25.7M
Q3 25
$25.9M
Q2 25
$26.1M
Q1 25
$26.3M
Q4 24
$26.5M
Q3 24
$26.7M
Q2 24
$26.9M
Q1 24
$27.1M
Stockholders' Equity
ARKR
ARKR
BOC
BOC
Q4 25
$33.7M
$516.1M
Q3 25
$32.7M
$528.4M
Q2 25
$34.7M
$531.0M
Q1 25
$38.1M
$533.3M
Q4 24
$47.3M
$532.8M
Q3 24
$44.1M
$527.7M
Q2 24
$48.9M
$530.5M
Q1 24
$49.7M
$536.2M
Total Assets
ARKR
ARKR
BOC
BOC
Q4 25
$130.4M
$713.1M
Q3 25
$133.5M
$721.4M
Q2 25
$136.3M
$730.6M
Q1 25
$141.9M
$730.8M
Q4 24
$154.6M
$728.3M
Q3 24
$156.0M
$711.9M
Q2 24
$166.5M
$723.1M
Q1 24
$169.6M
$757.3M
Debt / Equity
ARKR
ARKR
BOC
BOC
Q4 25
0.05×
Q3 25
0.05×
Q2 25
0.05×
Q1 25
0.05×
Q4 24
0.05×
Q3 24
0.05×
Q2 24
0.05×
Q1 24
0.05×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
ARKR
ARKR
BOC
BOC
Operating Cash FlowLast quarter
$-550.0K
$17.9M
Free Cash FlowOCF − Capex
$-1.8M
$-10.0M
FCF MarginFCF / Revenue
-4.4%
-33.8%
Capex IntensityCapex / Revenue
3.1%
93.9%
Cash ConversionOCF / Net Profit
-0.61×
TTM Free Cash FlowTrailing 4 quarters
$-1.3M
$-17.6M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
ARKR
ARKR
BOC
BOC
Q4 25
$-550.0K
$17.9M
Q3 25
$633.0K
$4.9M
Q2 25
$1.9M
$4.6M
Q1 25
$612.0K
$2.6M
Q4 24
$-1.3M
$21.2M
Q3 24
$728.0K
$5.2M
Q2 24
$3.2M
$4.5M
Q1 24
$208.0K
$2.4M
Free Cash Flow
ARKR
ARKR
BOC
BOC
Q4 25
$-1.8M
$-10.0M
Q3 25
$-989.0K
$-489.4K
Q2 25
$1.2M
$-2.7M
Q1 25
$290.0K
$-4.3M
Q4 24
$-2.0M
$-11.0M
Q3 24
$-482.0K
$-1.2M
Q2 24
$2.5M
$-4.3M
Q1 24
$-148.0K
$-6.0M
FCF Margin
ARKR
ARKR
BOC
BOC
Q4 25
-4.4%
-33.8%
Q3 25
-2.6%
-1.7%
Q2 25
2.7%
-9.7%
Q1 25
0.7%
-15.5%
Q4 24
-4.4%
-39.2%
Q3 24
-1.1%
-4.4%
Q2 24
5.0%
-15.9%
Q1 24
-0.4%
-23.6%
Capex Intensity
ARKR
ARKR
BOC
BOC
Q4 25
3.1%
93.9%
Q3 25
4.3%
18.9%
Q2 25
1.5%
25.9%
Q1 25
0.8%
24.7%
Q4 24
1.4%
115.3%
Q3 24
2.8%
23.2%
Q2 24
1.2%
32.6%
Q1 24
0.8%
33.1%
Cash Conversion
ARKR
ARKR
BOC
BOC
Q4 25
-0.61×
Q3 25
Q2 25
Q1 25
Q4 24
-0.43×
3.97×
Q3 24
Q2 24
4.94×
Q1 24

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

ARKR
ARKR

Segment breakdown not available.

BOC
BOC

Billboard Rentals$11.9M40%
Equity Method Investment Nonconsolidated Investee Or Group Of Investees$10.0M34%
GIG$7.3M25%
Other$608.4K2%

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