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Lamar Advertising (LAMR) Operating Expenses (2016 - 2025)

Lamar Advertising (LAMR) has disclosed Operating Expenses for 17 consecutive years, with $93.0 million as the latest value for Q3 2025.

  • On a quarterly basis, Operating Expenses fell 75.37% to $93.0 million in Q3 2025 year-over-year; TTM through Dec 2025 was $182.3 million, a 85.23% decrease, with the full-year FY2025 number at $1.5 billion, up 313.19% from a year prior.
  • Operating Expenses was $93.0 million for Q3 2025 at Lamar Advertising, up from $89.3 million in the prior quarter.
  • In the past five years, Operating Expenses ranged from a high of $381.0 million in Q2 2024 to a low of $81.3 million in Q3 2023.
  • A 5-year average of $249.5 million and a median of $313.5 million in 2021 define the central range for Operating Expenses.
  • Peak YoY movement for Operating Expenses: skyrocketed 364.52% in 2024, then plummeted 76.56% in 2025.
  • Lamar Advertising's Operating Expenses stood at $344.6 million in 2021, then plummeted by 73.97% to $89.7 million in 2022, then dropped by 9.38% to $81.3 million in 2023, then grew by 25.92% to $102.3 million in 2024, then dropped by 9.13% to $93.0 million in 2025.
  • Per Business Quant, the three most recent readings for LAMR's Operating Expenses are $93.0 million (Q3 2025), $89.3 million (Q2 2025), and $102.3 million (Q4 2024).