Every material Form 8-K Lamar Advertising filed with the SEC in 2026, read and summarized by AI: what happened, the key figures, whether it reads positive or negative for shareholders, and how big a deal it is (impact 1-5). Newest first; each brief links to its own page and to the filing on SEC.gov.
Lamar Advertising Company reported net revenues of $624.5 million and net income of $165.0 million for the third quarter ended September 30, 2026. Driven by accelerating sales growth and strong performance, the company raised its full-year 2026 diluted AFFO per share guidance to a range of $8.87 to $8.97.
Net revenues for Q3 2026 increased 6.6% year-over-year to $624.5 million.
Net income for Q3 2026 reached $165.0 million, compared to $144.1 million in Q3 2025.
Adjusted EBITDA for the quarter rose 9.3% to $306.9 million.
Full-year 2026 diluted AFFO per share guidance was updated to $8.87 to $8.97.
Lamar Media Corp., a unit of Lamar Advertising, signed an Eighth Amendment to its receivables financing agreement with PNC Bank that extends the maturity of its accounts receivable securitization program to October 1, 2029. The amendment also adds flexibility for which receivables are eligible under the program. The filing does not state any dollar amount for the facility or any change in its size.
Amendment dated October 1, 2026 extends the securitization program maturity to October 1, 2029
Amendment adds flexibility for eligibility of certain receivables
PNC Bank, National Association is administrative agent and a lender; PNC also has advisory, banking and senior credit facility roles with Lamar
Lamar Advertising reported second-quarter 2026 net revenues of $616.7 million, up 6.5%, and net income of $164.6 million, up 6.2%. The company raised its full-year 2026 diluted AFFO per share guidance to $8.75 to $8.90 and gave diluted earnings per share guidance of $5.95 to $5.99.
Q2 2026 diluted EPS was $1.58, versus $1.52 in Q2 2025; diluted AFFO per share rose 8.1% to $2.40
Q2 2026 AFFO was $247.9 million, up 10.1%; adjusted EBITDA was $303.4 million, up 9.0%
Six-month net income fell 9.4% to $266.5 million, mainly because of a $67.8 million gain on the 2025 sale of Vistar Media interest
As of June 30, 2026, total liquidity was $720.2 million
At its May 14, 2026 annual meeting, Lamar Advertising stockholders approved all five proposals, including an increase of 2,000,000 shares to the 1996 Equity Incentive Plan and 500,000 shares to the 2019 Employee Stock Purchase Plan. The filing reports the votes but no change in financial results, and the amended plans take effect as described in the filing, with the equity plan effective June 1, 2026.
Equity Incentive Plan share reserve rises from 17,500,000 to 19,500,000 Class A shares, effective June 1, 2026.
Employee Stock Purchase Plan increases by 500,000 Class A shares.
All ten director nominees were elected to serve until the 2027 Annual Meeting, including Nancy Fletcher and Elizabeth Thompson.
Stockholders ratified KPMG LLP as independent auditor for fiscal 2026 with 224,470,869.49 votes for.
Lamar Advertising reported first-quarter 2026 net revenues of $528.0 million, up 4.5%, and adjusted EBITDA of $226.3 million, up 7.7%. Net income fell 26.9% to $101.8 million, mainly because the prior-year period included a $67.7 million gain on the sale of its Vistar Media stake, while diluted AFFO per share rose 7.5% to $1.72.
Net revenues were $528.0 million, up 4.5% from $505.4 million a year earlier.
Net income was $101.8 million, or $1.00 per diluted share, versus $139.2 million, or $1.35 per diluted share, in Q1 2025.
Diluted AFFO per share was $1.72 versus $1.60; the CEO said pacings point to the top end of previously provided full-year AFFO per share guidance.
As of March 31, 2026, total liquidity was $701.5 million; after quarter end, the company paid down $40.0 million on its revolving credit facility.
Lamar Advertising reported fourth-quarter and full-year 2025 results on February 20, 2026, with net revenues up 2.8% in the quarter and 2.7% for the year. Quarterly net income rose from a year-earlier loss, but the comparison is distorted by a $159.7 million asset retirement obligation charge recorded in the 2024 period, and full-year free cash flow fell 5.3%. The company guided 2026 diluted earnings per share to $5.72 to $5.83 and diluted AFFO per share to $8.50 to $8.70.
Q4 2025 net revenues were $595.9 million, up 2.8% from $579.6 million; net income was $154.7 million versus a net loss of $1.0 million a year earlier
Full-year 2025 net revenues were $2.27 billion, up 2.7%; diluted EPS was $5.77 versus $3.52, helped by a $68.6 million gain on the sale of its Vistar Media stake
Full-year 2025 free cash flow was $696.6 million, down 5.3%; Q4 diluted AFFO per share rose 1.4% to $2.24
2026 guidance: diluted EPS of $5.72 to $5.83 and diluted AFFO per share of $8.50 to $8.70
Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.
Only material 8-Ks get a brief: results, deals, executive changes, restructuring, impairments, delisting notices, restatements, cybersecurity incidents and other disclosed events. Routine filings (vote results, exhibits only) are skipped. Every Lamar Advertising filing is on SEC EDGAR ↗. 8-K briefs of other companies →