Filing Flows › Agree Realty (ADC) › Operating margin
Agree Realty (ADC) operating margin by quarter
Agree Realty's operating margin was 51.2% in Q3 2026 (third quarter 2026), +4.8 pts from Q2 2026. Over the last 7 quarters it ranged from 46.5% (Q2 2026) to 51.2% (Q3 2026).
| Quarter | Operating margin | Q/Q | Y/Y |
|---|---|---|---|
| Q3 2026 | 51.2% | +4.8 pts | +3.6 pts |
| Q2 2026 | 46.5% | -2.6 pts | -0.2 pts |
| Q1 2026 | 49.1% | +0.6 pts | +2.6 pts |
| Q4 2025 | 48.5% | +0.9 pts | — |
| Q3 2025 | 47.6% | +0.9 pts | — |
| Q2 2025 | 46.7% | +0.2 pts | — |
| Q1 2025 | 46.5% | — | — |
Q3 2026 at a glance
Agree Realty, Q3 2026: revenue $214M (+17% year over year), operating margin 51.2%, net earnings $68.5M, operating cash flow $185M. The chart follows the revenue to costs, profit and cash.
Questions
What is Agree Realty's operating margin?
Agree Realty's operating margin was 51.2% in Q3 2026 (third quarter 2026), +4.8 pts from Q2 2026.
How has Agree Realty's operating margin changed?
Over the last 7 quarters it ranged from 46.5% (Q2 2026) to 51.2% (Q3 2026).