SignValue Report: Link Media 2026 Q1 Overview and Infographic
Key Highlights
Revenue Growth: Link Media reported $28.2 million in total revenues for Q1 2026, representing a 1.9% increase year-over-year.
Lease Portfolio Strength: The company maintained an average remaining weighted lease term of 15.4 years, supporting long-term operational stability.
Billboard Network Stability: As of March 31, 2026, Link Media operated approximately 3,900 billboards with roughly 7,500 advertising faces, remaining consistent with prior-year levels.
Financial Metrics
Adjusted EBITDA: Link Media reported a 14.7% increase to an adjusted EBITDA of approximately $4.2 million.
Billboard Revenue Costs: Cost of billboard revenues improved as a percentage of billboard revenues, declining from 35.7% in Q1 2025 to 31.8% in Q1 2026.
Depreciation and Amortization: Depreciation expense increased by $398M, while amortization expense decreased to $1,877M from $1,911M in Q1 2025, primarily driven by continued capital investments.
Operational Insights
Capital Investments: Continued investment activity contributed to changes in depreciation and amortization expenses during the quarter.
Operational Consistency: Lamar maintained a stable billboard footprint year-over-year, reflecting disciplined asset management and market consistency.
Link Media’s Q1 2026 performance highlights stable revenue growth, improved cost efficiencies, and disciplined operational management, supported by long-term lease stability and continued investment in its advertising infrastructure.
Source: SignValue
