Source: Acadia Realty Trust's 10-K / 10-Q XBRL data on SEC EDGAR · fetched Nov 03, 2026
Revenue, net income & free cash flow
Income statement
fiscal years · USD
Fiscal year
FY2016
FY2017
FY2018
FY2019
FY2020
FY2021
FY2022
FY2023
FY2024
FY2025
Revenue
$189.94M
$248.55M
$259.68M
$289.58M
$250.91M
$292.50M
$326.29M
$338.69M
$359.69M
$410.76M
Operating income
$21.89M
$66.20M
$32.68M
$73.08M
-$115.06M
$30.66M
$68.23M
$49.08M
$65.66M
$49.43M
Pre-tax income
$52.52M
$65.31M
-$14.76M
$24.70M
-$65.45M
$26.12M
-$65.24M
-$1.45M
$8.35M
-$39.60M
Income tax
-$105.00K
$1.00M
$934.00K
$1.47M
$269.00K
$93.00K
$12.00K
$301.00K
$212.00K
$412.00K
Net income
$72.78M
$61.47M
$31.44M
$53.72M
-$8.98M
$23.55M
-$35.45M
$19.87M
$21.65M
$16.90M
EBITDA
$91.90M
$171.14M
$150.23M
$195.66M
$32.17M
$154.09M
$204.15M
$185.06M
$204.57M
$206.88M
EPS (basic)
$0.94
$0.73
$0.38
$0.63
$-0.11
$0.26
$-0.38
$0.20
$0.19
$0.10
EPS (diluted)
$0.94
$0.73
$0.38
$0.63
$-0.11
$0.26
$-0.40
$0.20
$0.19
$0.10
Diluted shares
76.24M
83.69M
82.08M
84.44M
86.44M
87.65M
94.64M
95.28M
108.26M
128.66M
Operating margin
11.5%
26.6%
12.6%
25.2%
-45.9%
10.5%
20.9%
14.5%
18.3%
12.0%
Net margin
38.3%
24.7%
12.1%
18.5%
-3.6%
8.1%
-10.9%
5.9%
6.0%
4.1%
Balance sheet
fiscal years · USD
Fiscal year
FY2016
FY2017
FY2018
FY2019
FY2020
FY2021
FY2022
FY2023
FY2024
FY2025
Cash & equivalents
$71.81M
$74.82M
$20.07M
$14.15M
$18.70M
$17.75M
$17.16M
$17.48M
$16.81M
$38.82M
Total assets
$4.00B
$3.96B
$3.96B
$4.25B
$4.13B
$4.26B
$4.30B
$4.29B
$4.37B
$4.84B
Long-term debt
$1.49B
$1.42B
$1.55B
$1.71B
$1.71B
$1.81B
$1.79B
$1.87B
$1.54B
$1.86B
Total debt
$1.49B
$1.42B
$1.55B
$1.71B
$1.71B
$1.81B
$1.79B
$1.87B
$1.54B
$1.86B
Total liabilities
$1.82B
$1.74B
$1.88B
$2.12B
$2.08B
$2.11B
$2.05B
$2.16B
$1.84B
$2.21B
Shareholders' equity
$1.59B
$1.57B
$1.46B
$1.54B
$1.44B
$1.52B
$1.69B
$1.64B
$2.07B
$2.23B
Cash flow
fiscal years · USD
Fiscal year
FY2016
FY2017
FY2018
FY2019
FY2020
FY2021
FY2022
FY2023
FY2024
FY2025
Operating cash flow
$109.85M
$114.66M
$96.08M
$131.38M
$103.95M
$104.98M
$133.21M
$155.76M
$140.45M
$166.98M
Capital expenditures
$149.43M
$108.14M
—
—
—
—
—
—
—
—
Free cash flow
-$39.59M
$6.51M
$96.08M
$131.38M
$103.95M
$104.98M
$133.21M
$155.76M
$140.45M
$166.98M
Investing cash flow
-$613.56M
$4.06M
-$136.62M
-$410.54M
-$100.92M
-$198.54M
-$124.17M
-$208.54M
-$170.66M
-$450.46M
Financing cash flow
$488.37M
-$127.76M
-$10.28M
$273.96M
-$1.26M
$91.32M
-$4.38M
$45.85M
$44.62M
$300.67M
Dividends paid
$91.33M
$99.53M
$88.89M
$93.90M
$50.18M
$39.48M
$64.59M
$68.57M
$76.32M
$101.33M
Share buybacks
—
—
$55.11M
—
—
—
—
—
—
—
Stock-based compensation
$13.70M
$11.15M
$12.95M
$10.01M
$10.91M
$12.43M
$11.12M
$12.75M
$12.79M
$11.62M
Depreciation & amortization
$70.01M
$104.93M
$117.55M
$122.58M
$147.23M
$123.44M
$135.92M
$135.98M
$138.91M
$157.46M
Income statement
quarters · USD
Quarter ended
Dec 2023
Mar 2024
Jun 2024
Sep 2024
Dec 2024
Mar 2025
Jun 2025
Sep 2025
Dec 2025
Mar 2026
Jun 2026
Sep 2026
Revenue
$85.51M
$91.36M
$87.25M
$87.75M
$93.33M
$104.39M
$100.59M
$101.01M
$104.77M
$102.99M
$95.42M
$94.98M
Operating income
$10.62M
$14.01M
$17.79M
$17.49M
$16.37M
$15.32M
$760.00K
$12.68M
$20.66M
$158.51M
$22.67M
$10.22M
Pre-tax income
-$10.18M
-$6.83M
$1.74M
$12.27M
$1.17M
-$11.54M
-$20.73M
-$10.95M
$3.63M
$139.12M
$22.98M
-$5.62M
Income tax
$53.00K
$31.00K
$155.00K
$15.00K
$11.00K
$116.00K
$211.00K
$2.00K
$83.00K
$12.00K
$154.00K
-$1.00K
Net income
-$1.34M
$3.27M
$1.44M
$8.41M
$8.52M
$1.61M
$1.96M
$5.62M
$7.71M
$30.48M
$11.04M
-$3.59M
EBITDA
$45.65M
$48.95M
$52.07M
$51.99M
$51.56M
$54.76M
$40.03M
$51.57M
$60.52M
$198.67M
$57.84M
$45.80M
EPS (basic)
$-0.01
$0.03
$0.01
$0.07
$0.07
$0.01
$0.01
$0.03
$0.04
$0.22
$0.05
$-0.03
EPS (diluted)
$-0.01
$0.03
$0.01
$0.07
$0.07
$0.01
$0.01
$0.03
$0.04
$0.22
$0.05
$-0.03
Diluted shares
27.05K
102.13M
103.59M
108.35M
3.55M
121.33M
130.98M
131.02M
844.31K
131.33M
133.82M
137.65M
Operating margin
12.4%
15.3%
20.4%
19.9%
17.5%
14.7%
0.8%
12.6%
19.7%
153.9%
23.8%
10.8%
Net margin
-1.6%
3.6%
1.7%
9.6%
9.1%
1.5%
2.0%
5.6%
7.4%
29.6%
11.6%
-3.8%
Balance sheet
quarters · USD
Quarter ended
Dec 2023
Mar 2024
Jun 2024
Sep 2024
Dec 2024
Mar 2025
Jun 2025
Sep 2025
Dec 2025
Mar 2026
Jun 2026
Sep 2026
Cash & equivalents
$17.48M
$18.80M
$31.91M
$46.21M
$16.81M
$31.98M
$42.78M
$49.39M
$38.82M
$31.41M
$32.96M
$37.98M
Total assets
$4.29B
$4.27B
$4.25B
$4.28B
$4.37B
$4.74B
$4.88B
$4.88B
$4.84B
$4.53B
$4.62B
$4.83B
Long-term debt
$1.87B
$1.72B
$1.70B
$1.58B
$1.54B
$1.63B
$1.80B
$1.86B
$1.86B
$1.60B
$1.64B
$1.82B
Total debt
$1.87B
$1.72B
$1.70B
$1.58B
$1.54B
$1.63B
$1.80B
$1.86B
$1.86B
$1.60B
$1.64B
$1.82B
Total liabilities
$2.16B
$2.00B
$1.97B
$1.87B
$1.84B
$1.95B
$2.15B
$2.21B
$2.21B
$1.89B
$1.94B
$2.15B
Shareholders' equity
$1.64B
$1.76B
$1.78B
$1.93B
$2.07B
$2.30B
$2.27B
$2.25B
$2.23B
$2.28B
$2.34B
$2.34B
Cash flow
quarters · USD
Quarter ended
Dec 2023
Mar 2024
Jun 2024
Sep 2024
Dec 2024
Mar 2025
Jun 2025
Sep 2025
Dec 2025
Mar 2026
Jun 2026
Sep 2026
Operating cash flow
$40.59M
$25.99M
$32.03M
$44.56M
$37.87M
$25.89M
$64.81M
$34.30M
$41.99M
$31.36M
$58.25M
$42.85M
Free cash flow
$40.59M
$25.99M
$32.03M
$44.56M
$37.87M
$25.89M
$64.81M
$34.30M
$41.99M
$31.36M
$58.25M
$42.85M
Investing cash flow
-$118.47M
-$3.83M
$23.80M
-$70.11M
-$120.53M
-$196.02M
-$198.68M
-$35.74M
-$20.02M
$367.60M
-$99.43M
-$210.95M
Financing cash flow
$75.99M
-$20.54M
-$27.70M
$39.79M
$53.07M
$186.73M
$145.37M
$8.67M
-$40.10M
-$407.07M
$41.62M
$168.17M
Dividends paid
$17.16M
$17.16M
$18.57M
$18.95M
$21.64M
$22.73M
$26.19M
$26.20M
$26.21M
$26.21M
$26.70M
$27.47M
Stock-based compensation
$2.56M
$4.25M
$3.10M
$2.74M
$2.71M
$2.60M
$3.05M
$3.01M
$2.96M
$6.36M
$3.35M
$3.35M
Depreciation & amortization
$35.03M
$34.94M
$34.28M
$34.50M
$35.19M
$39.44M
$39.27M
$38.88M
$39.86M
$40.16M
$35.16M
$35.57M
Quarterly figures are rebuilt from the year-to-date totals companies report — Q4 is the full year minus the first nine months, since no 10-Q is filed for it. Values are as filed; later restatements replace earlier ones. Fiscal years are labelled by the calendar year in which they end.