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Friday 6 November 2026 Export LAMR’s income statement to Excel — free account

Lamar Advertising Company

LAMR Real Estate Reit Specialty

Lamar Advertising Company’s revenue for fiscal 2025 (year ended December 2025) was $2.3 billion, up 2.68% from fiscal 2024.

Revenue
+6.65%
EPS
+13.6%
Free cash flow
+35.4%
Total debt
+4.50%

Quarter to September 2026, against a year earlier

157.35 1.23 −0.78%
Market cap
$16.0B
P/E
27.8×
Fwd P/E
26.7×
Dividend yield
3.08%
F-score
7/9
Altman Z
n/a
Beneish M
n/a
Dividend safety
n/a
Overview Business Profile Earnings & Analysis
Financials
Income Statement Balance Sheet Cash Flow Metrics & Ratios
Segments Valuation Filings

Lamar Advertising Company (LAMR) Earnings & Analysis

Updated · Covers results through Q2 FY2026 · How this is made

Latest quarter

Lamar Advertising reported Q2 FY2026 revenue of $616.7 million, above the consensus revenue of $608.0 million; the company’s reported revenue was 1.44% against the consensus. The company also reported adjusted EPS, as the consensus counts it, of $2.40, above consensus adjusted EPS of $2.30, or 4.35% against the consensus. Lamar reported diluted EPS of $1.58, up 3.95% from Q2 FY2025.

The filing said revenue increased 6.46% from a year earlier, primarily because billboard net revenues rose and logo net revenues increased, partly offset by lower transit net revenues. It also said acquisition-adjusted net revenue growth reflected increases in billboard, logo and transit net revenues. Lamar reported gross margin of 68.5%, an increase of 0.7 percentage points from Q2 FY2025, while operating margin was 33.7%, down 0.4 percentage points. The company reported free cash flow of $212.6 million, up 8.91% from a year earlier.

Q2 FY2026 Q2 FY2025 Change
Revenue $616.7 million $579.3 million 6.46%
Diluted EPS $1.58 $1.52 3.95%
Gross margin 68.5% 67.8% 0.7 percentage points
Operating margin 33.7% 34.1% −0.4 percentage points
Free cash flow $212.6 million $195.2 million 8.91%
Against the consensus Reported Consensus Result
Adjusted EPS $2.40 $2.30 Beat by 4.35%
Revenue $616.8 million $608.0 million Beat by 1.44%

Adjusted EPS is the figure the consensus estimates, not the GAAP EPS above.

What management said on the call

An earnings call for the latest quarter was not available. Accordingly, management commentary and analyst questions and answers on demand, pricing, margins, investment, competition and the quarter ahead were not available.

Guidance

In its August 6, 2026 results release, Lamar said it expects FY2026 GAAP diluted earnings per share of $5.95 to $5.99. The company described this as its current fiscal 2026 diluted earnings-per-share expectation.

Metric For Guide Previous guide Change
EPS, GAAP FY2026 $5.95–$5.99 — New

This page is for information only. It is not investment advice, a recommendation or an offer to buy or sell any security. Figures come from the sources listed above and may contain errors; verify against the company's filings.