PR Newswire·Aug 5, 2026, 4:07 PM ET

OUTFRONT Media Reports Second Quarter 2026 Results

OUTFRONT Media Inc. reported second-quarter 2026 revenues of $522.5 million, a 13.5% increase from the prior year.
Operating income for the quarter reached $116.1 million, compared to $56.2 million in the same period last year.
Net income attributable to OUTFRONT Media Inc. was $77.5 million, up from $19.5 million in the prior-year quarter.
Adjusted OIBDA rose 29.2% to $160.3 million, driven by strong organic gains & the impact of the 2026 FIFA World Cup.
Adjusted FFO (AFFO) attributable to the company increased 45.4% to $120.8 million.
The Board of Directors approved a 10% increase in the quarterly dividend to $0.33 per share, payable on September 30, 2026.
Billboard segment revenues grew 8.0% to $379.4 million, while transit segment revenues surged 32.3% to $140.6 million.
Total operating expenses increased 6.3% to $246.1 million due to higher variable lease costs, inflation-driven MTA payments, & production expenses.
Net cash flow provided by operating activities for the six months ended June 30, 2026, was $183.7 million, an 82.4% increase year-over-year.
Total capital expenditures for the six-month period decreased 3.7% to $41.3 million.
As of June 30, 2026, total indebtedness stood at $2.5 billion, with $494.9 million available under the revolving credit facility.
The company expects to recoup only some MTA equipment deployment costs incurred prior to December 31, 2025, & does not expect to recover current or future costs.