Prologis revenue and financials
$128.08Change from previous close: −0.64%Absolute change: −$0.83
In the fiscal year ended December 2025, Prologis reported revenue of $8.79B (+7.18% year over year). Net income was $3.33B, a net margin of 37.9%.
Fiscal year ending in December. Sources and method on the page Methodology and sources.
At a glance
- Revenue growth
- +7.18%
- 2025 vs 2024
- Net income growth
- −10.81%
- 2025 vs 2024
- Net margin
- 37.9%
- 2024: 45.5%
Financial data
Amounts in millions of USD; per-share values in USD; shares in millions.
| Item | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Total revenue | 8,790 | 8,202 | 8,023 | 5,974 | 4,759 | 4,439 | 3,331 | 2,804 | 2,618 | 2,533 |
| Cost of revenue | 2,235 | 2,057 | 2,010 | 1,509 | — | — | — | — | — | — |
| Gross profit | 6,555 | 6,144 | 6,013 | 4,465 | — | — | — | — | — | — |
| Selling, general and administrative | 469 | 419 | 390 | 331 | — | — | — | — | — | — |
| Operating income | 4,358 | 4,416 | 3,708 | 3,468 | 3,207 | 2,119 | 1,850 | 1,688 | 1,954 | 668 |
| EBIT | 3,817 | 3,452 | 3,392 | 2,591 | 2,022 | — | — | — | — | — |
| EBITDA | 6,443 | 6,032 | 5,877 | 4,404 | 3,600 | — | — | — | — | — |
| Interest expense | 1,002 | 864 | 641 | 309 | 266 | 315 | 240 | 229 | 274 | 303 |
| Pre-tax income | 3,769 | 4,115 | 3,464 | 3,691 | 3,323 | — | — | — | — | — |
| Income tax | 204 | 167 | 211 | 135 | 174 | 130 | 74.5 | 63.3 | 54.6 | 54.6 |
| Net income | 3,328 | 3,732 | 3,059 | 3,365 | 2,940 | 1,482 | 1,573 | 1,649 | 1,652 | 1,210 |
| Net income to common shareholders | 3,322 | 3,726 | 3,053 | 3,359 | 2,934 | — | — | — | — | — |
| Basic EPS | 3.58 | 4.02 | 3.30 | 4.28 | 3.97 | 2.02 | 2.48 | 2.90 | 3.10 | 2.29 |
| Diluted EPS | 3.56 | 4.01 | 3.29 | 4.25 | 3.94 | 2.01 | 2.46 | 2.87 | 3.06 | 2.27 |
| Average shares (basic) | 928 | 926 | 924 | 786 | 739 | — | — | — | — | — |
| Average shares (diluted) | 957 | 954 | 952 | 812 | 765 | 754 | 655 | 590 | 552 | 547 |
| Dividend per share | 4.04 | 3.84 | 3.48 | 3.16 | 2.52 | — | — | — | — | — |