Outfront Media

OUT Q4 2025 Earnings

Reported Feb 25, 2026 at 4:13 PM ET · SEC Source

Q4 25 EPS

$0.55

BEAT +19.57%

Est. $0.46

Q4 25 Revenue

$513.3M

BEAT +0.33%

Est. $511.6M

vs S&P Since Q4 25

+19.3%

BEATING MARKET

OUT +25.0% vs S&P +5.8%

Full Year 2025 Results

FY 25 EPS

$0.82

FY 25 Revenue

$1.83B

Market Reaction

Did OUT Beat Earnings? Q4 2025 Results

Outfront Media closed fiscal 2025 on a strong note, posting fourth-quarter earnings per share of $0.55 against a consensus estimate of $0.46, a beat of 19.57%, while revenue of $513.30 million edged past the $511.61 million estimate and grew 4.1% yea… Read more Outfront Media closed fiscal 2025 on a strong note, posting fourth-quarter earnings per share of $0.55 against a consensus estimate of $0.46, a beat of 19.57%, while revenue of $513.30 million edged past the $511.61 million estimate and grew 4.1% year over year. The standout driver behind the quarter's performance was a surging Transit segment, where revenues climbed 15.7% to $134.80 million on higher yields per display, pushing Transit Adjusted OIBDA margins from 18.9% to 25.5%. That momentum lifted consolidated Adjusted OIBDA 12.0% to $173.80 million, expanding overall margins to 33.9% from 31.5%. Shares have reflected investor enthusiasm, gaining roughly 25% over the past three months as the company's digital billboard expansion and programmatic growth drew attention. CEO Nick Brien pointed to accelerating revenue growth throughout 2025 and full-year AFFO that exceeded management's own guidance as reasons for confidence heading into 2026, signaling the company expects its operational momentum to carry forward.

Key Takeaways

  • Higher average revenue per display (yield) in both Billboard and Transit segments
  • Impact of programmatic and direct-sale advertising platforms on digital billboard revenues
  • Transit segment revenue growth of 15.7% driven by higher yield
  • Lower variable billboard property lease expenses due to lost billboards
  • Adjusted OIBDA margin expansion to 33.9% from 31.5% year over year
24/7 Wall St

OUT YoY Financials

Q4 2025 vs Q4 2024, source: SEC Filings

24/7 Wall St

OUT Revenue by Segment

With YoY comparisons, source: SEC Filings

Q2 25 Q1 26

“We finished the year with significant momentum, with revenue growth accelerating throughout 2025.”

— Nick Brien, Q4 2025 Earnings Press Release