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AGREE REALTY CORP

For the period ended Mar 31, 2025. Filed Apr 22, 2025.

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About this filing

A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.

Mar 31, 2025 · Filed Apr 22, 2025

ADC$70.20+0.5%Stored close · as of Nov 9, 2026

Extracted filing text, with the paragraph anchors used by the comparison.

See the whole filing, with its images and exhibits

Table of Contents

Index to Form 10-Q

Page
PART I · Financial Information
Item 1: · Financial Statements (Unaudited)
Condensed Consolidated Balance Sheets as of March 31, 2025 and December 31, 20241
Condensed Consolidated Statements of Operations and Comprehensive Income for the three months ended March 31, 2025 and 20242
Condensed Consolidated Statements of Equity for the three months ended March 31, 2025 and 20243
Condensed Consolidated Statements of Cash Flows for the three months ended March 31, 2025 and 20245
Notes to Condensed Consolidated Financial Statements6
Item 2:Management’s Discussion and Analysis of Financial Condition and Results of Operations31
Item 3:Quantitative and Qualitative Disclosures about Market Risk43
Item 4:Controls and Procedures44
PART IIOther Information
Item 1:Legal Proceedings44
Item 1A:Risk Factors44
Item 2:Unregistered Sales of Equity Securities and Use of Proceeds45
Item 3:Defaults Upon Senior Securities45
Item 4:Mine Safety Disclosures45
Item 5:Other Information45
Item 6:Exhibits46
SIGNATURES48
ContentsView on SEC.gov

The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.