Agree Realty Corp (ADC-PA) Operating Expenses (2010 - 2026)

Agree Realty (ADC-PA) has reported Operating Expenses for 17 consecutive years, with $112.3 million the latest figure, recorded in Q2 2026.

• For the quarter ending Q2 2026, Operating Expenses rose 18.19% year-over-year to $112.3 million; the trailing twelve-month figure through Jun 2026 stood at $413.9 million (up 17.0% YoY), and the FY2025 full-year result was $383.4 million, up 17.5% from the prior year.
• Operating Expenses rose to $112.3 million in Q2 2026 per ADC-PA's latest filing, from $104.5 million in the prior quarter.
• Across five years, Operating Expenses topped out at $112.3 million in Q2 2026 and bottomed at $49.7 million in Q1 2022.
• Historically, Operating Expenses has averaged $79.4 million across 5 years, with a median of $79.4 million in 2024.
• The sharpest annual moves came in 2022 and 2024: Operating Expenses soared 36.63% in 2022, then increased 10.81% in 2024.
• Over 5 years, Operating Expenses stood at $59.1 million in 2022, then rose by 29.43% to $76.5 million in 2023, then rose by 12.14% to $85.8 million in 2024, then gained by 16.63% to $100.1 million in 2025, then rose by 12.2% to $112.3 million in 2026.
• According to Business Quant data, Operating Expenses over the past three periods registered $112.3 million, $104.5 million, and $100.1 million for Q2 2026, Q1 2026, and Q4 2025 respectively.