Agree Realty Q3 net income rises 18.2%; raises 2025 AFFO and investment guidance
Agree Realty reported third-quarter 2025 results on October 21, 2025. Net income attributable to common stockholders rose 18.2% to $50.3 million, and AFFO per share rose 7.2% to $1.10. The company raised its 2025 AFFO per share guidance to $4.31 to $4.33 and its 2025 investment volume guidance to $1.50 billion to $1.65 billion, which signals higher expected earnings and growth for shareholders.
Key points
- Q3 net income attributable to common stockholders was $50.3 million, up 18.2%; $0.45 per share, up 7.9%
- Q3 Core FFO per share was $1.09, up 8.4%; AFFO per share was $1.10, up 7.2%
- 2025 AFFO per share guidance raised to $4.31 to $4.33 from $4.29 to $4.32
- Q3 investment volume was about $451 million in 110 properties; 2025 investment guidance raised to $1.50 billion to $1.65 billion
The filing
Written by AI (Anthropic Claude, claude-haiku-5-5) on Nov 8, 2026, 1:17 AM ET, from the text of the filing and its press-release exhibits only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on October 21, 2025.
Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.