Lamar Advertising (LAMR) Operating Expenses (2009 - 2026)

Lamar Advertising (LAMR) has 18 years of Operating Expenses data on file, last reported at $381.9 million in Q1 2026.

• On a quarterly basis, Operating Expenses rose 21.56% year-over-year to $381.9 million in Q1 2026; TTM through Mar 2026 was $1.6 billion, a 3.45% decrease from a year earlier, with the FY2025 full-year figure at $1.5 billion, down 10.92% from the prior year.
• Operating Expenses for Q1 2026 stood at $381.9 million, down from $399.9 million in the prior quarter.
• Over the last five years, Operating Expenses for LAMR reached as high as $542.9 million in Q4 2024 and fell as low as $314.2 million in Q1 2025.
• Historically, Operating Expenses has averaged $378.8 million across 5 years, with a median of $373.6 million in 2024.
• Across the five-year window, Operating Expenses surged 49.07% in 2024 and decreased 26.35% in 2025, its largest moves.
• Year by year, Operating Expenses stood at $425.5 million in 2022, then fell by 14.4% to $364.2 million in 2023, then jumped by 49.07% to $542.9 million in 2024, then fell by 26.35% to $399.9 million in 2025, then slipped by 4.48% to $381.9 million in 2026.
• Per Business Quant data, the three most recent Operating Expenses figures were $381.9 million in Q1 2026, $399.9 million in Q4 2025, and $396.5 million in Q3 2025.