adc: the income statement

MyFinsight

For the quarter ending 2025-09-30.

Unit: Thousand (K) dollars (except for numbers of shares and EPS)

Income Statement	2025-09-30	2025-06-30	2025-03-31	2024-09-30
Net income	52,279	49,353	47,148	44,528
Less net income attributable to non-controlling interest	162	155	152	153
Net income attributable to agree realty corporation	52,117	49,198	46,996	44,375
Less series a preferred stock dividends	1,859	1,859	1,859	1,859
Net income attributable to common stockholders	50,258	47,339	45,137	42,516

Earnings per share, basic	0.45	0.43	0.42	0.42
Earnings per share, diluted	0.45	0.43	0.42	0.42
Weighted average number of shares outstanding, basic	111,277,316	109,758,046	107,048,557	100,383,207
Weighted average number of shares outstanding, diluted	111,511,615	110,377,221	107,547,193	101,715,311