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Lamar Advertising (LAMR) Cost of Revenue (2016 - 2025)

Lamar Advertising (LAMR) has disclosed Cost of Revenue for 17 consecutive years, with $187.7 million as the latest value for Q3 2025.

  • On a quarterly basis, Cost of Revenue rose 2.81% to $187.7 million in Q3 2025 year-over-year; TTM through Sep 2025 was $762.8 million, a 8.16% increase, with the full-year FY2024 number at $727.9 million, up 4.46% from a year prior.
  • Cost of Revenue was $187.7 million for Q3 2025 at Lamar Advertising, up from $180.0 million in the prior quarter.
  • In the past five years, Cost of Revenue ranged from a high of $212.5 million in Q4 2024 to a low of $147.3 million in Q3 2021.
  • A 5-year average of $173.8 million and a median of $173.5 million in 2023 define the central range for Cost of Revenue.
  • Peak YoY movement for Cost of Revenue: rose 14.7% in 2022, then rose 2.48% in 2025.
  • Lamar Advertising's Cost of Revenue stood at $157.5 million in 2021, then rose by 7.26% to $169.0 million in 2022, then rose by 3.68% to $175.2 million in 2023, then grew by 21.28% to $212.5 million in 2024, then fell by 11.65% to $187.7 million in 2025.
  • Per Business Quant, the three most recent readings for LAMR's Cost of Revenue are $187.7 million (Q3 2025), $180.0 million (Q1 2025), and $212.5 million (Q4 2024).