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Agree Realty ADC Revenue Not from Contract with Customer, Other

Revenue Not from Contract with Customer, Other at other companies

Agree Realty logo
Agree RealtyADC
$131K+179%
Innovative Industrial Properties, Inc. logo
Innovative Industrial Properties, Inc.IIPR
$76K+204%
Williams Companies logo
Williams CompaniesWMB
$704M+30.1%
Oppenheimer Holdings logo
Oppenheimer HoldingsOPY
-$2.6M-55.6%
Clover Health Investments logo
Clover Health InvestmentsCLOV
$5M-7.8%
Cass Information Systems logo
Cass Information SystemsCASS
$1.89M+14.6%

Other financials

Income statement

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Revenue$200.8M+18.7%
Operating income$98.6M+25.2%
Net income$62.1M+32.0%
EPS (diluted)$0.50+19.0%

Balance sheet

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Cash & equivalents$31.2M+179%
Total debt$3.8B+16,437%
Total equity$6.2B+10.5%
Total assets$10.2B+15.7%

Cash flow

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Operating cash flow$145.2M+14.6%

Valuation

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Market cap$9.46B+16.1%
Enterprise value$13.23B+61.9%
P/E43.1×-0.8×
P/S12.6×+0.3×

Profitability

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Operating margin48%-0.7pp
Net margin29.3%-0.8pp

Returns & leverage

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Return on equity3.7%+0.2pp
Debt / equity0.6×+0.6×

Where this comes from

Reported directly by Agree Realty in its filing.

Tagged under the XBRL concept us-gaap:RevenueNotFromContractWithCustomerOther.

The source filing: Agree Realty’s 10-Q, filed April 21, 2026.

Filed
Apr 21, 2026, 4:06 PM EDT
Fiscal quarter
Q1 FY2026
Calendar quarter
Q1 2026
Accession
0000917251-26-000047
Line itemThree Months Ended / March 31, 2026Three Months Ended / March 31, 2025
Revenues
Rental income$200,676$169,113
Other13147
Total Revenues200,807169,160
Operating Expenses
Real estate taxes14,71311,513
Property operating expenses9,6368,381
Land lease expense554485

Item 1. Financial Statements (Unaudited)

FAQ

What is Agree Realty's revenue not from contract with customer, other?
Agree Realty (ADC) reported revenue not from contract with customer, other of $131K in Q1 2026.
How has Agree Realty's revenue not from contract with customer, other changed year-over-year?
Agree Realty's revenue not from contract with customer, other increased by 178.7% year-over-year, from $47K to $131K.
What is the long-term trend for Agree Realty's revenue not from contract with customer, other?
Over 4 years (2021 to 2025), Agree Realty's revenue not from contract with customer, other has grown at a -2.1% compound annual growth rate (CAGR), from $256K to $235K.
What does revenue not from contract with customer, other mean?
Represents revenue streams recognized outside of standard customer contracts, such as incidental income or non-core business activities. For a REIT, this often includes miscellaneous income that does not qualify as primary rental or service revenue.

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