Agree Realty Q1 Core FFO $1.13 (+8.1% YoY); raises $658M forward equity

AGREE REALTY CORP

2026-Q1 EPS reported $0.50 revenue$200,807,000

Net income $60.2M, diluted EPS $0.50 (+19.1% YoY).
Core FFO $1.13/share, AFFO $1.14/share; monthly dividend raised 4.3% to $0.267.
Invested $424M in 100 retail net lease properties at 7.1% cap rate.
Sold 8.7M shares via ATM for ~$658M net proceeds; total liquidity ~$2.3B.
2026 AFFO guidance reaffirmed at $4.54-$4.58; portfolio 99.7% leased.

item 2.02 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.9

AGREE REALTY CORP reported the first quarter ended March 31, 2026 results: net income $60.2 million, EPS $0.50. Guidance reaffirmed.

Period: the first quarter ended March 31, 2026
Net income: $60.2 million
EPS: $0.50
Guidance: reaffirmed
Result: reported results

Exact text from the filing

Net Income for the three months ended March 31, 2026 increased 33.4% to $60.2 million, compared to $45.1 million for the comparable period in 2025. Net Income per share for the three months ended March 31 st increased 19.1% to $0.50, compared to $0.42 for the comparable period in 2025.

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1342 earnings releases filed in the last 30 days. Browse all earnings releases →

AGREE REALTY CORP filing history →

Source: SEC EDGAR

accession 0000917251-26-000046

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