Lamar Advertising Q3 revenue rises 3.8% to $585.5 million; net income falls 2.5%
Lamar Advertising reported third-quarter 2025 net revenues of $585.5 million, up 3.8% from a year earlier, while net income fell 2.5% to $144.1 million and diluted EPS was $1.40 versus $1.44. The company said it is on track to meet its revised full-year diluted AFFO per share guidance, but the filing does not state the revised figures. Nine-month net income rose 20.4%, mainly due to a $68.6 million gain on the sale of its Vistar Media stake.
Key points
- Q3 net revenues were $585.5 million versus $564.1 million, up 3.8%; acquisition-adjusted net revenue rose 2.9%.
- Q3 net income was $144.1 million, down from $147.8 million; diluted EPS was $1.40 versus $1.44.
- Q3 adjusted EBITDA was $280.8 million, up 3.5%; diluted AFFO per share was $2.20, up 2.3%.
- On September 23 and 25, 2025, Lamar Media completed a $700.0 million Term B Loan and $400.0 million 5 3/8% Senior Notes due 2033; total liquidity was $834.2 million at September 30, 2025.
The filing
Written by AI on Nov 8, 2026, 1:11 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on November 06, 2025.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.