Prologis, Inc. (PLD)

Prologis Income Statement

Financials in millions USD. Fiscal year is January - December.

Fiscal Quarter	Q3 2026	Q2 2026	Q1 2026	Q4 2025	Q3 2025	Q2 2025	Q1 2025	Q4 2024	Q3 2024	Q2 2024	Q1 2024	Q4 2023	Q3 2023	Q2 2023	Q1 2023	Q4 2022	Q3 2022	Q2 2022	Q1 2022	Q4 2021
Period Ending	Sep 30, 2026	Jun 30, 2026	Mar 31, 2026	Dec 31, 2025	Sep 30, 2025	Jun 30, 2025	Mar 31, 2025	Dec 31, 2024	Sep 30, 2024	Jun 30, 2024	Mar 31, 2024	Dec 31, 2023	Sep 30, 2023	Jun 30, 2023	Mar 31, 2023	Dec 31, 2022	Sep 30, 2022	Jun 30, 2022	Mar 31, 2022	Dec 31, 2021
Rental Revenue	2,205	2,177	2,125	2,092	2,054	2,025	1,987	1,938	1,897	1,852	1,828	1,756	1,777	1,651	1,634	1,591	1,152	1,093	1,077	1,074
Property Management Fees	17.92	6.76	11.83	6.9	9.33	11.38	11.26	9.75	3.86	0.84	0.55	3.64	0.46	0.48	0.12	5.91	4.29	2.39	8.34	2.99
Other Revenue	319.74	389.09	254.11	287.81	243.18	254.85	209.04	347.45	220.12	257.08	200.88	219.09	208.21	869.68	210.48	224.06	679.68	235.83	210.89	372.92
Total Revenue	2,543	2,573	2,391	2,387	2,307	2,292	2,208	2,295	2,121	2,110	2,029	1,979	1,986	2,522	1,844	1,821	1,836	1,332	1,296	1,450
Revenue Growth (YoY (YoY)	10.24%	12.28%	8.31%	4.01%	8.75%	8.59%	8.80%	15.97%	6.80%	-16.31%	10.02%	8.66%	8.18%	89.36%	42.30%	25.57%	44.00%	8.86%	6.64%	21.65%
Property Expenses	595.92	626.45	602.17	578.78	553.91	552.88	549.09	519.64	488.77	515.77	533.07	487.08	500.15	538.84	484.26	438.83	415.26	327.52	327.49	321.93
Selling, General & Administrative	127.6	129.63	126.89	136.88	110.66	106.87	114.7	102.72	98.15	106.6	111.29	98.31	96.67	95.65	99.78	85.42	87.9	83.11	74.65	73.82
Depreciation & Amortization	710.3	689.52	731.51	668.75	648	657.22	652.06	656.44	649.27	637.31	637.51	638.35	642.01	602.17	602.37	612.37	401.45	402.31	396.65	396.83
Other Operating Expenses	16.96	20.17	10.12	15.95	8.72	11.71	9.65	7.67	15.68	11.44	12.24	21.67	12.34	12.16	7.18	12.12	7	11.62	9.59	7.38
Total Operating Expenses	1,451	1,466	1,471	1,400	1,321	1,329	1,326	1,286	1,252	1,271	1,294	1,245	1,251	1,249	1,194	1,149	911.62	824.57	808.37	799.96
Operating Income	1,092	1,107	920.33	986.47	985.42	962.88	882.06	1,008	869.27	839.18	734.99	733.28	734.86	1,273	650.78	672.24	924.2	507.11	487.72	650.25
Interest Expense	-286.96	-276.31	-254.29	-260.45	-258.27	-251.87	-231.75	-232.23	-230.11	-208.27	-193.32	-174.45	-181.05	-149.82	-136.01	-120.8	-63.88	-60.29	-64.06	-62.9
Currency Exchange Gain (Loss)	-9	5	29	23	39	-136	-53	134	-85	34	57	-68	50	12	8.61	-118.38	178	137	45	28.28
Other Non-Operating Income	73.54	104.66	15.61	45.27	61.98	13.17	21.34	11.96	47.06	3.15	6.56	52.54	17.96	14.1	-	-4.62	-6.17	7.38	3.41	-5.86
EBT Excluding Unusual Items	869.74	940.51	710.65	794.29	828.13	588.19	618.65	921.96	601.21	668.06	605.23	543.37	621.77	1,149	523.38	428.45	1,032	591.2	472.07	609.77
Gain (Loss) on Sale of Assets	107.97	291.65	384.02	774.12	47.67	57.52	64.25	507.09	466.45	286.5	57.84	191.01	218.61	209.64	4.05	210.6	75.7	105.8	795.04	731
Other Unusual Items	0.14	-0.03	-1.89	-3.5	-	-	-	-	-	-	0.54	-	-	-	3.28	-1.29	-	-0.73	-18.17	-
Pretax Income	977.86	1,232	1,093	1,565	875.8	645.71	682.9	1,429	1,068	954.56	663.61	734.38	840.38	1,359	530.7	637.75	1,108	696.27	1,249	1,341
Income Tax Expense	97.96	108.17	47.97	82.69	54.54	23.41	43.38	86.87	4.21	43.06	32.8	58.5	41.24	79.23	32.07	17.69	38.67	49.83	29.22	39.91
Earnings From Continuing Operations	879.9	1,124	1,045	1,482	821.26	622.3	639.52	1,342	1,063	911.5	630.81	675.88	799.14	1,279	498.63	620.07	1,069	646.44	1,220	1,301
Minority Interest in Earnings	-62.8	-61.76	-62.84	-82.43	-56.99	-51.08	-46.57	-63.32	-57.73	-50.15	-45.09	-44.95	-51.51	-63.46	-34.01	-32.85	-53.71	-35.04	-68.94	-52.19
Net Income	817.1	1,062	981.98	1,400	764.27	571.23	592.95	1,279	1,006	861.35	585.72	630.94	747.63	1,216	464.62	587.21	1,015	611.39	1,151	1,249
Preferred Dividends & Other Adjustments	1.37	1.35	1.5	1.56	1.37	1.51	1.45	1.47	1.45	1.5	1.45	1.46	1.45	1.48	1.45	1.46	1.53	1.54	1.53	1.54
Net Income to Common	815.73	1,061	980.48	1,398	762.9	569.72	591.5	1,277	1,004	859.85	584.26	629.48	746.17	1,215	463.17	585.75	1,014	609.86	1,149	1,247
Net Income Growth (YoY)	6.93%	86.20%	65.76%	9.46%	-24.03%	-33.74%	1.24%	102.93%	34.59%	-29.20%	26.14%	7.46%	-26.41%	99.15%	-59.70%	-53.03%	40.43%	1.88%	214.16%	344.65%
Basic Shares Outstanding	944	933	931	958	929	928	927	927	926	926	925	925	924	924	924	919	741	741	740	740
Diluted Shares Outstanding	969	958	958	958	957	956	956	954	954	953	954	952	952	952	952	947	766	766	766	766
Shares Change (YoY)	1.24%	0.21%	0.15%	0.41%	0.29%	0.28%	0.23%	0.18%	0.20%	0.16%	0.24%	0.57%	24.21%	24.23%	24.31%	23.69%	0.19%	0.19%	0.07%	0.10%
EPS (Basic)	0.86	1.14	1.05	1.46	0.82	0.61	0.64	1.38	1.08	0.93	0.63	0.68	0.81	1.31	0.50	0.64	1.37	0.82	1.55	1.69
EPS (Diluted)	0.86	1.13	1.05	1.46	0.82	0.61	0.63	1.37	1.08	0.92	0.63	0.68	0.80	1.31	0.50	0.63	1.36	0.82	1.54	1.67
EPS Growth (YoY)	5.19%	85.28%	65.20%	6.33%	-24.29%	-33.97%	1.00%	102.43%	34.25%	-29.33%	25.85%	7.13%	-40.92%	59.77%	-67.67%	-62.21%	40.29%	1.73%	213.91%	344.46%

Additional Metrics

Fiscal Quarter	Q3 2026	Q2 2026	Q1 2026	Q4 2025	Q3 2025	Q2 2025	Q1 2025	Q4 2024	Q3 2024	Q2 2024	Q1 2024	Q4 2023	Q3 2023	Q2 2023	Q1 2023	Q4 2022	Q3 2022	Q2 2022	Q1 2022	Q4 2021
Period Ending	Sep 30, 2026	Jun 30, 2026	Mar 31, 2026	Dec 31, 2025	Sep 30, 2025	Jun 30, 2025	Mar 31, 2025	Dec 31, 2024	Sep 30, 2024	Jun 30, 2024	Mar 31, 2024	Dec 31, 2023	Sep 30, 2023	Jun 30, 2023	Mar 31, 2023	Dec 31, 2022	Sep 30, 2022	Jun 30, 2022	Mar 31, 2022	Dec 31, 2021
Dividend Per Share	1.070	1.070	1.070	1.010	1.010	1.010	1.010	0.960	0.960	0.960	0.960	0.870	0.870	0.870	0.870	0.790	0.790	0.790	0.790	0.630
Dividend Growth (YoY)	5.94%	5.94%	5.94%	5.21%	5.21%	5.21%	5.21%	10.35%	10.35%	10.35%	10.35%	10.13%	10.13%	10.13%	10.13%	25.40%	25.40%	25.40%	25.40%	8.62%
Operating Margin	42.95%	43.03%	38.49%	41.33%	42.72%	42.02%	39.96%	43.94%	40.98%	39.77%	36.22%	37.06%	37.00%	50.48%	35.28%	36.92%	50.34%	38.08%	37.63%	44.84%
Profit Margin	32.08%	41.23%	41.01%	58.58%	33.07%	24.86%	26.79%	55.67%	47.35%	40.74%	28.79%	31.81%	37.57%	48.17%	25.11%	32.17%	55.23%	45.80%	88.67%	86.00%
EBITDA	1,802	1,797	1,652	1,655	1,633	1,620	1,534	1,665	1,519	1,476	1,372	1,372	1,377	1,875	1,253	1,285	1,326	909.42	884.37	1,047
EBITDA Margin	70.88%	69.83%	69.08%	69.35%	70.81%	70.70%	69.49%	72.54%	71.59%	69.97%	67.64%	69.32%	69.33%	74.36%	67.94%	70.55%	72.21%	68.29%	68.23%	72.20%
D&A For Ebitda	710.3	689.52	731.51	668.75	648	657.22	652.06	656.44	649.27	637.31	637.51	638.35	642.01	602.17	602.37	612.37	401.45	402.31	396.65	396.83
EBIT	1,092	1,107	920.33	986.47	985.42	962.88	882.06	1,008	869.27	839.18	734.99	733.28	734.86	1,273	650.78	672.24	924.2	507.11	487.72	650.25
EBIT Margin	42.95%	43.03%	38.49%	41.33%	42.72%	42.02%	39.96%	43.94%	40.98%	39.77%	36.22%	37.06%	37.00%	50.48%	35.28%	36.92%	50.34%	38.08%	37.63%	44.84%
Funds From Operations (FFO)	1,574	1,632	1,735	1,600	1,482	1,277	1,321	1,825	1,306	1,371	1,292	1,349	1,354	1,897	1,147	1,287	1,486	1,061	1,044	1,197
FFO Per Share	1.63	1.70	1.81	1.67	1.55	1.34	1.38	1.91	1.37	1.44	1.35	1.42	1.42	1.99	1.20	1.36	1.94	1.38	1.36	1.56
Adjusted Funds From Operations (AFFO)	1,207	1,323	1,472	1,152	1,064	1,036	1,084	1,303	1,014	1,072	1,032	-	1,017	1,689	971.6	1,070	1,260	805.39	921.58	-
AFFO Per Share	1.25	1.38	1.54	1.20	1.11	1.08	1.13	1.37	1.06	1.12	1.08	-	1.07	1.77	1.02	1.13	1.64	1.05	1.20	-
Effective Tax Rate	10.02%	8.78%	4.39%	5.28%	6.23%	3.62%	6.35%	6.08%	0.40%	4.51%	4.94%	7.96%	4.91%	5.83%	6.04%	2.77%	3.49%	7.16%	2.34%	2.98%
Revenue as Reported	2,388	2,425	2,298	2,253	2,214	2,184	2,140	2,201	2,036	2,008	1,957	1,889	1,915	2,451	1,769	1,752	1,751	1,252	1,219	1,277

SEC Filings: 10-K · 10-Q

Data Source: S&P Global Market Intelligence Last updated: Sep 30, 2026

Financial data is provided by S&P Global Market Intelligence and updates within hours after each earnings release, which is every three months for this company.

Update frequency:

Quarterly

Last checked:

Nov 7, 2026

Data Sources Report a data error