Lamar Advertising Billboard — Total advertising expenses decreased by 1.4% to $227.51M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 4.9%, from $216.93M to $227.51M. Over 3 years (FY 2022 to FY 2025), Billboard — Total advertising expenses shows relatively stable performance with a 2.7% CAGR. This is a positive signal — lower values indicate better performance for this metric.
An increase may signal rising operational costs or expansion of the asset base, whereas a decrease suggests improved operational efficiency or reduced maintenance requirements.
This metric captures the aggregate costs directly associated with the operation, maintenance, and production of billboar...
Comparable to 'Direct Operating Expenses' or 'Cost of Revenue' for out-of-home advertising segments at peer firms.
lamr_segment_billboard_total_advertising_expenses| Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $207.32M | $207.32M | $207.32M | $207.32M | $213.23M | $213.23M | $213.23M | $213.23M | $209.90M | $219.06M | $219.89M | $221.78M | $216.93M | $221.89M | $227.51M | $230.82M | $227.51M |
| QoQ Change | — | +0.0% | +0.0% | +0.0% | +2.8% | +0.0% | +0.0% | +0.0% | -1.6% | +4.4% | +0.4% | +0.9% | -2.2% | +2.3% | +2.5% | +1.5% | -1.4% |
| YoY Change | — | — | — | — | +2.8% | +2.8% | +2.8% | +2.8% | -1.6% | +2.7% | +3.1% | +4.0% | +3.3% | +1.3% | +3.5% | +4.1% | +4.9% |