BRUN - Boost Run Inc. Clas... Stock Analysis | Stock Taper
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Boost Run Inc. Class A Common Stock

BRUN

Boost Run Inc. Class A Common Stock NASDAQ
$25.66 0.08% (+0.02)

Market Cap $2.07 B
52w High $42.00
52w Low $10.23
P/E -53.46
Volume 1.96M
Outstanding Shares 80.77M

Income Statement

Period Revenue Operating Expense Net Income Net Profit Margin Earnings Per Share EBITDA
Q1-2026 $10.96M $12.05M $-4.12M -37.59% $-0.08 $2M
Q4-2025 $7.58M $7.05M $197.24K 2.6% $0.01 $-1.11M
Q3-2025 $0 $604.4K $785.53K 0% $0.05 $-604.4K
Q2-2025 $0 $162.84K $1.22M 0% $0.07 $-162.84K

What's going well?

Revenue surged 44% and gross margins are very high at 86%. The company is clearly able to sell more product and keep most of each sale as gross profit.

What's concerning?

Operating costs and interest expenses soared, wiping out all profits and leading to a $4.12 million loss. The share count nearly tripled, diluting existing shareholders.

Balance Statement

Period Cash & Short-term Total Assets Total Liabilities Total Equity
Q1-2026 $13.24M $264.1M $259.88M $4.22M
Q4-2025 $9.75M $77.43M $69.3M $8.14M
Q3-2025 $3.61M $63.11M $53.52M $9.59M
Q2-2025 $1.12M $131.22M $4.51M $126.71M

What's financially strong about this company?

They have invested heavily in physical assets, and customer prepayments (deferred revenue) are strong. Cash is up from last quarter.

What are the financial risks or weaknesses?

Debt has exploded, especially from leases, and liquidity is very tight. Equity is barely positive, and the company has a history of losses.

Cash Flow Statement

Period Net Income Cash From Operations Cash From Investing Cash From Financing Net Change Free Cash Flow
Q1-2026 $-4.12M $13.23M $-15.95M $6.21M $3.49M $4.3M
Q4-2025 $-1.66M $16.38M $-8.55M $-1.69M $6.14M $7.83M

What's strong about this company's cash flow?

The business continues to generate positive cash from operations and free cash flow, even with reported accounting losses. Cash on hand increased, showing some financial flexibility.

What are the cash flow concerns?

Cash flow from operations and free cash flow both declined, and the company had to borrow $6.2 million to support its needs. Large swings in working capital and slower customer payments could signal future cash flow pressure.

5-Year Trend Analysis

A comprehensive look at Boost Run Inc. Class A Common Stock's financial evolution and strategic trajectory over the past five years.

+ Strengths

Boost Run benefits from very strong gross margins, which are characteristic of attractive software economics, and it has already achieved a meaningful revenue base. Despite accounting losses, the company generates solid operating and free cash flow and has been able to increase its cash balance while paying down some debt. Its asset base, including tangible operating assets, provides a platform for scaling the business if demand continues to grow.

! Risks

The company faces significant risks from persistent operating and net losses, a heavy overhead structure, and high financial leverage. Short‑term liquidity is relatively tight, with near‑term obligations outpacing readily available current assets, leaving less cushion against surprises. Negative retained earnings highlight a history of losses, and the lack of clearly delineated R&D spending raises questions about the level and transparency of investment in future products, all in the context of a highly competitive software industry.

Outlook

Looking ahead, Boost Run’s prospects hinge on its ability to improve the balance between growth and profitability. If the company can scale revenue without proportionately increasing operating costs, its strong product‑level economics and current cash generation could gradually strengthen the balance sheet. Conversely, if costs remain high, competition intensifies, or growth slows, the combination of ongoing losses and elevated debt may constrain flexibility. Overall, the outlook is highly dependent on execution over the next few years, with meaningful upside potential but also material financial and competitive uncertainty.