| Metric | Value ($ M) | Q1 FY26 | Q2 FY25 |
|---|---|---|---|
| Revenue | 616.75 | 16.8% | 6.5% |
| Total Income | 616.75 | 16.8% | 6.5% |
| Expenditure | 408.79 | 7.0% | 7.1% |
| PBT | 167.38 | 58.0% | 6.3% |
| Net Profit | 160.75 | 58.7% | 4.1% |
| OPM | 33.72% | 6.06pp | 0.40pp |
| NPM | 26.06% | 6.88pp | 0.58pp |
| EPS | 1.58 | 58.0% | 4.0% |
Lamar Advertising Announces Q2 2026 Operating Results
06 Aug 2026 · 6 Aug, 4:38 pm
Summary
Lamar Advertising Company announced its operating results for the second quarter ended June 30, 2026, reporting net revenues of $616.7 million, a 6.5% increase year-over-year. Net income rose 6.2% to $164.6 million, and Adjusted EBITDA saw a 9.0% increase to $303.4 million. The company also reported a 10.1% increase in AFFO to $247.9 million. Based on these strong results, Lamar is raising its full-year guidance for diluted AFFO per share to $8.75-$8.90.
Key Highlights
- 1
Lamar Advertising reported net revenues of $616.7 million for the second quarter of 2026, a 6.5% increase compared to the prior year.
- 2
Net income for the second quarter of 2026 was $164.6 million, an increase of 6.2% from $155.0 million in the same period of 2025.
- 3
Adjusted EBITDA for the second quarter of 2026 increased by 9.0% to $303.4 million.
- 4
AFFO increased by 10.1% to $247.9 million for the second quarter of 2026.
- 5
Diluted AFFO per share increased 8.1% to $2.40 for the three months ended June 30, 2026.
- 6
The company is raising its guidance for full-year diluted AFFO per share to a range of $8.75 to $8.90.
Management Comments
Sean Reilly
Our business is in a great place right now. As our results demonstrate, customers appreciate our ability to connect them with their audiences and to deliver messages that resonate. With second-quarter results that exceeded our expectations and strong pacings for the balance of 2026, we are raising our guidance for full-year diluted AFFO per share to a range of $8.75 to $8.90.
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