KPIs & Operating Metrics(New)
Growth Metrics

Agree Realty (ADC) Operating Expenses (2016 - 2026)

Agree Realty has reported Operating Expenses over the past 17 years, most recently at $104.5 million for Q1 2026.

  • For the quarter ending Q1 2026, Operating Expenses rose 14.52% year-over-year to $104.5 million, compared with a TTM value of $396.6 million through Mar 2026, up 17.86%, and an annual FY2025 reading of $383.4 million, up 17.5% over the prior year.
  • Operating Expenses came in at $104.5 million for Q1 2026, up from $100.1 million in the prior quarter.
  • In the past five years, Operating Expenses ranged from a high of $104.5 million in Q1 2026 to a low of $49.7 million in Q1 2022.
  • Median Operating Expenses over the past 5 years was $77.8 million (2024), compared with a mean of $77.4 million.
  • The sharpest move saw Operating Expenses surged 36.63% in 2022, then grew 10.81% in 2024.
  • Over 5 years, Operating Expenses stood at $59.1 million in 2022, then grew by 29.43% to $76.5 million in 2023, then grew by 12.14% to $85.8 million in 2024, then increased by 16.63% to $100.1 million in 2025, then grew by 4.37% to $104.5 million in 2026.
  • Per Business Quant, the three most recent readings for ADC's Operating Expenses are $104.5 million (Q1 2026), $100.1 million (Q4 2025), and $97.0 million (Q3 2025).