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

Lamar Advertising (LAMR) has 18 years of Cost of Revenue data on file, last reported at $183.3 million in Q1 2026.

• On a quarterly basis, Cost of Revenue rose 1.84% year-over-year to $183.3 million in Q1 2026; TTM through Mar 2026 was $750.2 million, a 2.45% increase from a year earlier, with the FY2025 full-year figure at $746.9 million, up 2.61% from the prior year.
• Cost of Revenue for Q1 2026 stood at $183.3 million, down from $192.4 million in the prior quarter.
• Over the last five years, Cost of Revenue for LAMR reached as high as $192.4 million in Q4 2025 and fell as low as $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.
• Across the five-year window, Cost of Revenue increased 20.24% in 2022 and rose 1.84% in 2026, its largest moves.
• Year by year, Cost of Revenue stood at $173.8 million in 2022, then gained by 4.36% to $181.4 million in 2023, then gained by 2.75% to $186.4 million in 2024, then gained by 3.21% to $192.4 million in 2025, then slipped by 4.71% to $183.3 million in 2026.
• Per Business Quant data, the three most recent Cost of Revenue figures were $183.3 million in Q1 2026, $192.4 million in Q4 2025, and $187.7 million in Q3 2025.