Lamar Advertising (LAMR) Cost of Revenue (2009 - 2026)

Lamar Advertising (LAMR) has reported Cost of Revenue for 18 consecutive years, with $183.3 million the latest figure, recorded in Q1 2026.

• In Q1 2026, Cost of Revenue rose 1.84% year-over-year to $183.3 million; the TTM figure through Mar 2026 stood at $750.2 million (up 2.45% YoY), while the FY2025 annual figure was $746.9 million, up 2.61% from the prior year.
• Cost of Revenue declined to $183.3 million in Q1 2026 per LAMR's latest filing, from $192.4 million in the prior quarter.
• Across five years, Cost of Revenue topped out at $192.4 million in Q4 2025 and bottomed at $157.8 million in Q1 2022.
• Historically, Cost of Revenue has averaged $177.8 million across 5 years, with a median of $180.0 million in 2025.
• Annual changes were most pronounced in 2022 — Cost of Revenue gained 20.24% — and 2026, when it advanced 1.84%.
• Lamar Advertising's Cost of Revenue stood at $173.8 million in 2022, then increased by 4.36% to $181.4 million in 2023, then increased by 2.75% to $186.4 million in 2024, then increased by 3.21% to $192.4 million in 2025, then retreated by 4.71% to $183.3 million in 2026.
• Business Quant data shows LAMR's Cost of Revenue at $183.3 million in Q1 2026, $192.4 million in Q4 2025, and $187.7 million in Q3 2025.