Financial insights of ADC-PA

MyFinsight

For the quarter ending 2026-03-31, ADC-PA made $200,807K in revenue. $60,192K in net income. Net profit margin of 29.98%.

Income Statement	2026-03-31	2025-12-31	2025-09-30
Total revenues	200,807	168,732*	183,222
Real estate taxes	14,713	12,712*	13,173
Property operating expenses	9,636	9,044*	8,243
Land lease expense	554	475*	556
General and administrative	11,477	11,401*	10,887
Depreciation and amortization	66,699	55,771*	61,179
Provision for impairment	1,400	2,932*	2,980
Total operating expenses	104,479	92,335*	97,018
Gain on sale of assets, net	1,697	2,644*	924
Gain on involuntary conversion, net	528	-426*	132
Income from operations	98,553	78,615*	87,260
Interest expense, net	35,970	28,976*	35,212
Income and other tax expense	500	1,060*	225
Other income	148	-427*	456
Net income	62,231	48,152*	52,279
Less net income attributable to non-controlling interest	180	154*	162
Net income attributable to agree realty corporation	62,051	47,998*	52,117
Less series a preferred stock dividends	1,859	1,860*	1,859
Net income attributable to common stockholders	60,192	46,138	50,258

Basic EPS	0.5	0.419	0.45
Diluted EPS	0.5	0.416	0.45
Basic Average Shares	119,856,418	110,169,434	111,277,316
Diluted Average Shares	120,375,633	110,889,675	111,511,615

Unit: Thousand (K) dollars (except for numbers of shares and EPS). Numbers labeled with * are estimated quarterly values.