---
schema_version: "secwatch.filing_event.v1"
accession: "0001090425-26-000014"
form_type: "8-K"
ticker: "LAMR"
cik: "0001090425"
company_name: "LAMAR ADVERTISING CO/NEW"
filed_at: "2026-05-07T23:59:59+00:00"
generated_at: "2026-05-14T21:23:38.869100+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Lamar Q1 net revenue up 4.5% to $528M; AFFO per share $1.72 (+7.5%)

## Summary
- Net revenues $528.0M (+4.5% YoY); net income $101.8M (-26.9% due to prior-year $67.7M Vistar gain).
- Adjusted EBITDA $226.3M (+7.7%); free cash flow $152.4M (+25.8%).
- Diluted AFFO per share $1.72 vs $1.60 (+7.5%); CEO says results beat internal forecasts.
- Total liquidity $701.5M at March 31; $80M drawn on revolver, $242.1M on AR securitization.

## SEC filing metadata
- accession: 0001090425-26-000014
- form_type: 8-K
- ticker: LAMR
- cik: 0001090425
- company_name: LAMAR ADVERTISING CO/NEW
- filed_at: 2026-05-07T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1090425/000109042526000014/0001090425-26-000014-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1090425/000109042526000014/lamr-20260507.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001090425-26-000014
- JSON: https://secwatch.observer/filing/0001090425-26-000014.json
- Plain text: https://secwatch.observer/filing/0001090425-26-000014.txt

## Source-grounded claims
- claim_id: 9b546f5fbe07113746d5fbbd0ebfef59bb81e241
  claim: LAMAR ADVERTISING CO/NEW reported the quarter ended March 31, 2026 results: revenue $528.0 million, net income $101.8 million, EPS $1.00.
  evidence_excerpt: Corporate Boulevard Baton Rouge, LA 70808 Lamar Advertising Company Announces First Quarter Ended March 31, 2026 Operating Results Three Month Results • Net revenues were $528.0 million • Net income was $101.8 million • Adjusted EBITDA was $226.3 million Baton Rouge, LA – May 7, 2026 - Lamar Advertising Company (the “Company” or “Lamar”) (Nasdaq: LAMR), a
  evidence_url: https://www.sec.gov/Archives/edgar/data/1090425/000109042526000014/0001090425-26-000014-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.