AGREE REALTY CORP (ADC)

Every figure below is the company's own, as filed. Nothing is estimated and nothing is smoothed — a period the filing does not support is left blank rather than drawn. Quarters are the company's own, counted from its financial year ending 12-31. Amounts in USD.

Revenue Quarterly

0 70M 140M 210M Q3 '21: 87.5M Q4 '21: 91.4M Q1 '22: 98.3M Q2 '22: 104.9M Q3 '22: 110.1M Q4 '22: 116.5M Q1 '23: 126.6M Q2 '23: 129.9M Q3 '23: 136.8M Q4 '23: 144.2M Q1 '24: 149.5M Q2 '24: 152.6M Q3 '24: 154.3M Q4 '24: 160.7M Q1 '25: 169.2M Q2 '25: 175.5M Q3 '25: 183.2M Q4 '25: 190.5M Q1 '26: 200.8M Q2 '26: 205.1M Q4 '21 Q3 '22 Q2 '23 Q1 '24 Q4 '24 Q3 '25 Q2 '26

Gross Profit Quarterly

Nothing in this filer's XBRL supports this figure for the periods asked for, so there is nothing to draw. That is a gap in the filing, not a zero.

Operating Income Quarterly

0 35M 70M 105M Q3 '21: 50.3M Q4 '21: 46.9M Q1 '22: 50.9M Q2 '22: 52.3M Q3 '22: 57.3M Q4 '22: 57.5M Q1 '23: 60.5M Q2 '23: 61.6M Q3 '23: 63.1M Q4 '23: 69.2M Q1 '24: 70.5M Q2 '24: 82M Q3 '24: 74.4M Q4 '24: 75.3M Q1 '25: 78.7M Q2 '25: 82M Q3 '25: 87.3M Q4 '25: 92.4M Q1 '26: 98.6M Q2 '26: 95.3M Q4 '21 Q3 '22 Q2 '23 Q1 '24 Q4 '24 Q3 '25 Q2 '26

Net Income Quarterly

0 25M 50M 75M Q3 '21: 36.7M Q4 '21: 33.1M Q1 '22: 36.1M Q2 '22: 36M Q3 '22: 39.4M Q4 '22: 40.9M Q1 '23: 41.6M Q2 '23: 40.9M Q3 '23: 41.5M Q4 '23: 46M Q1 '24: 44.9M Q2 '24: 54.7M Q3 '24: 44.4M Q4 '24: 45.2M Q1 '25: 47M Q2 '25: 49.2M Q3 '25: 52.1M Q4 '25: 56M Q1 '26: 62.1M Q2 '26: 54.7M Q4 '21 Q3 '22 Q2 '23 Q1 '24 Q4 '24 Q3 '25 Q2 '26

Cost of Revenue Quarterly

Nothing in this filer's XBRL supports this figure for the periods asked for, so there is nothing to draw. That is a gap in the filing, not a zero.

Operating Cash Flow Quarterly

0 50M 100M 150M Q3 '21: 68M Q4 '21: 60.3M Q1 '22: 61.5M Q2 '22: 88.6M Q3 '22: 118.9M Q4 '22: 93.2M Q1 '23: 94.2M Q2 '23: 89.6M Q3 '23: 109.9M Q4 '23: 98M Q1 '24: 99.2M Q2 '24: 112.8M Q3 '24: 128.6M Q4 '24: 91.4M Q1 '25: 126.7M Q2 '25: 119.6M Q3 '25: 146.5M Q4 '25: 111.3M Q1 '26: 145.2M Q2 '26: 131M Q4 '21 Q3 '22 Q2 '23 Q1 '24 Q4 '24 Q3 '25 Q2 '26

Free Cash Flow Quarterly

-450M -300M -150M 0 150M 300M 450M Q1 '20: -198.3M Q2 '20: -233.4M Q3 '20: -435.7M Q4 '20: -299.6M Q1 '21: -342.1M Q2 '21: -274.8M Q3 '21: -272.6M Q4 '21: -254.6M Q1 '22: -348.3M Q2 '22: -335.1M Q3 '22: -242.6M Q4 '22: -306.8M Q1 '23: -209.7M Q2 '23: -217.4M Q3 '23: -289.8M Q4 '23: -92M Q1 '24: -29.1M Q2 '24: -74.8M Q3 '24: -87.4M Q4 '24: -251.7M Q2 '20 Q1 '21 Q4 '21 Q3 '22 Q2 '23 Q1 '24 Q4 '24

Operating cash flow minus capital expenditure.

Shares Outstanding Quarterly

0 50M 100M 150M Q1 '20: 45.6M Q2 '20: 53.3M Q3 '20: 54.6M Q1 '21: 62.9M Q2 '21: 65.2M Q3 '21: 69.6M Q1 '22: 71.3M Q2 '22: 75.6M Q3 '22: 80.6M Q1 '23: 90.5M Q2 '23: 93.1M Q3 '23: 97.3M Q1 '24: 100.3M Q2 '24: 100.5M Q3 '24: 101.7M Q1 '25: 107.5M Q2 '25: 110.4M Q3 '25: 111.5M Q1 '26: 120.4M Q2 '26: 120.5M Q2 '20 Q2 '21 Q2 '22 Q2 '23 Q2 '24 Q2 '25 Q2 '26

Weighted average diluted, as the filer reports it for each period. An average cannot be added across periods, so this one is always shown per period the filer tagged rather than as a trailing year.

EPS TTM

0.00 0.70 1.40 2.10 Q3 '21: 1.76 Q4 '21: 1.78 Q1 '22: 1.78 Q2 '22: 1.89 Q3 '22: 1.83 Q4 '22: 1.83 Q1 '23: 1.79 Q2 '23: 1.76 Q3 '23: 1.71 Q4 '23: 1.71 Q1 '24: 1.70 Q2 '24: 1.80 Q3 '24: 1.81 Q4 '24: 1.78 Q1 '25: 1.77 Q2 '25: 1.68 Q3 '25: 1.71 Q4 '25: 1.77 Q1 '26: 1.85 Q2 '26: 1.86 Q4 '21 Q3 '22 Q2 '23 Q1 '24 Q4 '24 Q3 '25 Q2 '26

The filer's own published earnings a share for each quarter, four quarters added up. The company page divides trailing net income by the share count instead, which lands within about 1% of this and is not the same sum, so the two are named differently rather than presented as one figure.