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

Lamar Advertising (LAMR) has disclosed Operating Expenses for 17 consecutive years, with $399.9 million as the latest value for Q4 2025.

  • Quarterly Operating Expenses fell 26.35% to $399.9 million in Q4 2025 from the year-ago period, while the trailing twelve-month figure was $1.5 billion through Dec 2025, down 10.92% year-over-year, with the annual reading at $1.5 billion for FY2025, 10.92% down from the prior year.
  • Operating Expenses for Q4 2025 was $399.9 million at Lamar Advertising, up from $396.5 million in the prior quarter.
  • The five-year high for Operating Expenses was $542.9 million in Q4 2024, with the low at $282.0 million in Q1 2021.
  • Average Operating Expenses over 5 years is $366.2 million, with a median of $359.3 million recorded in 2023.
  • The sharpest move saw Operating Expenses surged 49.07% in 2024, then decreased 26.35% in 2025.
  • Over 5 years, Operating Expenses stood at $344.6 million in 2021, then rose by 23.45% to $425.5 million in 2022, then decreased by 14.4% to $364.2 million in 2023, then soared by 49.07% to $542.9 million in 2024, then decreased by 26.35% to $399.9 million in 2025.
  • According to Business Quant data, Operating Expenses over the past three periods came in at $399.9 million, $396.5 million, and $381.6 million for Q4 2025, Q3 2025, and Q2 2025 respectively.