Agree Realty Q4 Revenue Jumps 18.5% to $190.5M, EPS $1.11 Tops Estimates
Agree Realty reported $190.49 million in Q4 revenue, up 18.5% year over year and exceeding analyst projections by 1.97%. EPS rose to $1.11 from $0.41 a year earlier, 1.21% above estimates, while operating cost reimbursements grew 18.8% to $21.53 million.
1. Q4 Financial Results
Agree Realty delivered $190.49 million in revenue for Q4 2025, marking an 18.5% increase year over year. Net earnings per share climbed to $1.11, up from $0.41 in Q4 2024.
2. Rental Income and Cost Reimbursements
Rental income reached $190.46 million, beating the $182.26 million consensus by 4.6%. Operating cost reimbursements grew 18.8% to $21.53 million, outperforming the $19.65 million estimate.
3. Analyst Estimates and Market Reaction
Revenue exceeded the $186.82 million forecast by 1.97%, and EPS topped the $1.10 projection by 1.21%. Shares have gained 5.5% over the past month, reflecting investor approval, while the stock holds a Hold rating.