Prologis revenue and financials
$128.68Change from previous close: +0.47%Absolute change: +$0.60
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 | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total revenue | 2,425 | 2,298 | 2,253 | 2,214 | 2,184 | — | — | — | — | — | — | — |
| Cost of revenue | 626 | 602 | 579 | 554 | 553 | — | — | — | — | — | — | — |
| Gross profit | 1,799 | 1,696 | 1,674 | 1,660 | 1,631 | — | — | — | — | — | — | — |
| Selling, general and administrative | 130 | 127 | 137 | 111 | 107 | — | — | — | — | — | — | — |
| Operating income | 960 | 827 | 852 | 893 | 855 | — | — | — | — | — | — | — |
| EBIT | 1,107 | 920 | 986 | 985 | 963 | 882 | 1,008 | 869 | 839 | 735 | 733 | 735 |
| EBITDA | 1,797 | 1,652 | 1,655 | 1,633 | 1,620 | 1,534 | 1,665 | 1,519 | 1,476 | 1,372 | 1,372 | 1,377 |
| Interest expense | 276 | 254 | 230 | 258 | 252 | — | — | — | — | — | — | — |
| Pre-tax income | 1,232 | 1,093 | 1,565 | 876 | 646 | 683 | 1,429 | 1,068 | 955 | 664 | 734 | 840 |
| Income tax | 108 | 48.0 | 82.7 | 54.5 | 23.4 | 43.4 | 86.9 | 4.2 | 43.1 | 32.8 | 58.5 | 41.2 |
| Net income | 1,062 | 982 | 1,400 | 764 | 571 | 593 | 1,279 | 1,006 | 861 | 586 | 631 | 748 |
| Net income to common shareholders | 1,061 | 980 | 1,398 | 763 | 570 | 592 | 1,277 | 1,004 | 860 | 584 | 629 | 746 |
| Basic EPS | 1.14 | 1.05 | 1.46 | 0.82 | 0.61 | 0.64 | 1.38 | 1.08 | 0.93 | 0.63 | 0.68 | 0.81 |
| Diluted EPS | 1.13 | 1.05 | 1.46 | 0.82 | 0.61 | 0.63 | 1.37 | 1.08 | 0.92 | 0.63 | 0.68 | 0.80 |
| Average shares (basic) | 933 | 931 | 958 | 929 | 928 | 927 | 927 | 926 | 926 | 925 | 925 | 924 |
| Average shares (diluted) | 958 | 958 | 958 | 957 | 956 | 956 | 954 | 954 | 953 | 954 | 952 | 952 |
| Dividend per share | 1.07 | 1.07 | 1.01 | 1.01 | 1.01 | 1.01 | 0.96 | 0.96 | 0.96 | 0.96 | 0.87 | 0.87 |