Lamar Advertising Operating Expenses Growth & History (LAMR)
Lamar Advertising's operating expenses was $1.49B for fiscal 2025.
View full Lamar Advertising company overviewLamar Advertising annual operating expenses history
| Fiscal year | Period ended | Operating expenses | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | $1.49B | −$182.9M | −10.92% |
| 2024 | 2024-12-31 | $1.68B | $239.5M | +16.68% |
| 2023 | 2023-12-31 | $1.44B | −$18.6M | −1.28% |
| 2022 | 2022-12-31 | $1.45B | $187.9M | +14.84% |
| 2021 | 2021-12-31 | $1.27B | $107.5M | +9.27% |
| 2020 | 2020-12-31 | $1.16B | −$77.2M | −6.24% |
| 2019 | 2019-12-31 | $1.24B | $69.2M | +5.93% |
| 2018 | 2018-12-31 | $1.17B | $80.8M | +7.44% |
| 2017 | 2017-12-31 | $1.09B | $24.6M | +2.32% |
| 2016 | 2016-12-31 | $1.06B | — | — |
Lamar Advertising quarterly operating expenses
| Fiscal quarter | Period ended | Operating expenses | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | $408.8M | $27.2M | +7.12% |
| Q1 2026 | 2026-03-31 | $381.9M | $67.7M | +21.56% |
| Q4 2025 | 2025-12-31 | $399.9M | −$143.0M | −26.35% |
| Q3 2025 | 2025-09-30 | $396.5M | $18.9M | +5.00% |
| Q2 2025 | 2025-06-30 | $381.6M | $606,000 | +0.16% |
| Q1 2025 | 2025-03-31 | $314.2M | −$59.4M | −15.89% |
| Q4 2024 | 2024-12-31 | $542.9M | $178.7M | +49.07% |
| Q3 2024 | 2024-09-30 | $377.6M | $23.1M | +6.52% |
| Q2 2024 | 2024-06-30 | $381.0M | $16.7M | +4.58% |
| Q1 2024 | 2024-03-31 | $373.6M | $21.0M | +5.96% |
| Q4 2023 | 2023-12-31 | $364.2M | −$61.3M | −14.40% |
| Q3 2023 | 2023-09-30 | $354.5M | $8.1M | +2.33% |
| Q2 2023 | 2023-06-30 | $364.3M | $13.0M | +3.70% |
| Q1 2023 | 2023-03-31 | $352.5M | $21.6M | +6.53% |
| Q4 2022 | 2022-12-31 | $425.5M | $80.8M | +23.45% |
| Q3 2022 | 2022-09-30 | $346.4M | $2.8M | +0.83% |
| Q2 2022 | 2022-06-30 | $351.3M | $55.3M | +18.67% |
| Q1 2022 | 2022-03-31 | $330.9M | $49.0M | +17.37% |
| Q4 2021 | 2021-12-31 | $344.6M | $57.3M | +19.96% |
| Q3 2021 | 2021-09-30 | $343.6M | $63.3M | +22.59% |
| Q2 2021 | 2021-06-30 | $296.1M | $14.9M | +5.29% |
| Q1 2021 | 2021-03-31 | $282.0M | −$28.0M | −9.05% |
| Q4 2020 | 2020-12-31 | $287.3M | −$34.0M | −10.57% |
| Q3 2020 | 2020-09-30 | $280.3M | −$36.1M | −11.41% |
| Q2 2020 | 2020-06-30 | $281.2M | −$23.4M | −7.69% |
| Q1 2020 | 2020-03-31 | $310.0M | $16.3M | +5.56% |
| Q4 2019 | 2019-12-31 | $321.2M | $24.0M | +8.06% |
| Q3 2019 | 2019-09-30 | $316.3M | $26.2M | +9.03% |
| Q2 2019 | 2019-06-30 | $304.6M | $20.5M | +7.23% |
| Q1 2019 | 2019-03-31 | $293.7M | −$1.5M | −0.50% |
| Q4 2018 | 2018-12-31 | $297.3M | $18.8M | +6.76% |
| Q3 2018 | 2018-09-30 | $290.1M | $22.5M | +8.41% |
| Q2 2018 | 2018-06-30 | $284.1M | $15.2M | +5.65% |
| Q1 2018 | 2018-03-31 | $295.1M | $24.2M | +8.95% |
| Q4 2017 | 2017-12-31 | $278.5M | — | — |
| Q3 2017 | 2017-09-30 | $267.6M | — | — |
| Q2 2017 | 2017-06-30 | $268.9M | — | — |
| Q1 2017 | 2017-03-31 | $270.9M | — | — |
Lamar Advertising operating expenses trends
Over the last five fiscal years, Lamar Advertising's operating expenses increased from $1.16B to $1.49B, a change of $333.4M. The latest reported quarter, Q2 2026, shows $408.8M.
What operating expenses mean
Operating expenses are the recurring costs of running a company’s business beyond the direct costs used to calculate gross profit. They commonly include selling, general and administrative expenses, research and development, and other operating costs.
SEC-reported and calculated operating expenses
TickerStat uses operating expenses reported in company SEC filings when available. When a separate total is unavailable, it calculates operating expenses as aligned gross profit minus operating income for the same fiscal period. Fiscal periods can differ from calendar years, so exact period-end dates are included.
Review Lamar Advertising source filings ↗