KPIs & Operating Metrics(New)
Growth Metrics

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

Agree Realty (ADC) has disclosed Operating Expenses for 17 consecutive years, with $104.5 million as the latest value for Q1 2026.

  • For Q1 2026, Operating Expenses rose 14.52% year-over-year to $104.5 million; the TTM value through Mar 2026 reached $396.6 million, up 17.86%, while the annual FY2025 figure was $383.4 million, 17.5% up from the prior year.
  • Operating Expenses was $104.5 million for Q1 2026 at Agree Realty, up from $100.1 million in the prior quarter.
  • The five-year high for Operating Expenses was $104.5 million in Q1 2026, with the low at $49.7 million in Q1 2022.
  • Historically, Operating Expenses has averaged $77.4 million across 5 years, with a median of $77.8 million in 2024.
  • The largest annual shift saw Operating Expenses soared 36.63% in 2022 before it increased 10.81% in 2024.
  • Over 5 years, Operating Expenses stood at $59.1 million in 2022, then increased by 29.43% to $76.5 million in 2023, then increased by 12.14% to $85.8 million in 2024, then rose by 16.63% to $100.1 million in 2025, then increased by 4.37% to $104.5 million in 2026.
  • Per Business Quant database, its latest 3 readings for Operating Expenses were $104.5 million in Q1 2026, $100.1 million in Q4 2025, and $97.0 million in Q3 2025.