Lamar Advertising (LAMR) Cost of Revenue (2009 - 2025)

Lamar Advertising (LAMR) has 17 years of Cost of Revenue data on file, last reported at $192.4 million in Q4 2025.

• Cost of Revenue for Q4 2025 came in at $192.4 million, up 3.21% year-over-year; the trailing twelve-month figure through Dec 2025 was $746.9 million (up 2.61% YoY), and the FY2025 annual result was $746.9 million, up 2.61% from the prior year.
• Cost of Revenue climbed to $192.4 million in Q4 2025 per LAMR's latest filing, from $187.7 million in the prior quarter.
• Over five years, Cost of Revenue peaked at $192.4 million in Q4 2025 and troughed at $131.2 million in Q1 2021.
• A 5-year average of $170.8 million and a median of $174.5 million in 2022 frame the typical range for Cost of Revenue.
• The sharpest annual moves came in 2021 and 2022: Cost of Revenue dropped 12.23% in 2021, then gained 20.24% in 2022.
• A 5-year view of Cost of Revenue shows it stood at $157.5 million in 2021, then climbed by 10.34% to $173.8 million in 2022, then grew by 4.36% to $181.4 million in 2023, then grew by 2.75% to $186.4 million in 2024, then grew by 3.21% to $192.4 million in 2025.
• Business Quant data shows LAMR's Cost of Revenue at $192.4 million in Q4 2025, $187.7 million in Q3 2025, and $186.8 million in Q2 2025.