PROLOGIS, INC. (PLD) Financials
Key financial figures for PROLOGIS, INC. (Q3 2026).
Prologis Q3 2026 Core FFO per diluted share was $1.60 versus $1.49 a year earlier; full-year Core FFO guidance narrowed to $6.25-$6.29 while net earnings guidance was cut to $4.05-$4.15. Core FFO per diluted share was $1.60 (Q3 2025: $1.49); Core FFO excluding net promote was $1.61 (Q3 2025: $1.50). Net earnings per diluted share was $0.86 (Q3 2025: $0.82). Operations: owned-and-managed period-end occupancy was 95.6% and average occupancy was 95.1%; Prologis-share cash same-store NOI grew 5.9%, net effective rent change on leases was 38.0% and cash rent change was 23.4%; retention was 75.9%. On the outlook: 2026 guidance (current vs previous, per diluted share): Core FFO $6.25 to $6.29 (previously $6.22 to $6.30, narrowed); Core FFO excluding net promote $6.25 to $6.29 (previously $6.22 to $6.30); net earnings $4.05 to $4.15 (previously $4.40 to $4.55, lowered). Prologis share: average occupancy 95.25% to 95.50% (previously 95.25% to 95.75%); cash same-store NOI 7.00% to 7.50% (previously 6.75% to 7.25%, raised); net effective same-store NOI 5.50% to 6.00% (previously 5.25% to 5.75%); strategic capital revenue excluding promote $650M to $660M (previously $660M to $680M); G&A $515M to $525M (previously $510M to $525M). Capital deployment, Prologis share: development starts $5.0B to $5.75B (previously $4.5B to $5.5B); development stabilizations $2.5B to $3.0B (previously $2.25B to $2.75B); acquisitions $2.1B to $2.3B (previously $1.5B to $2.0B); contributions $1.75B to $2.25B (previously $2.0B to $2.5B); dispositions $1.75B to $2.5B (previously $2.25B to $2.75B); realized development gains $600M to $700M (unchanged). Figures are for Q3 2026, as Prologis, Inc. reported them.
- Revenue
- $2.4B
- Net Income
- $817M
- EPS
- $0.86
- Total Assets
- $103.9B
- Operating Cash Flow
- $1.8B
Recent quarters
| Period | Revenue | Net Income | EPS | Operating Margin | Free Cash Flow |
|---|---|---|---|---|---|
| Q3 FY2026 | $2.4B | $817M | $0.86 | 39.24% | $661M |
| Q2 FY2026 | $2.4B | $1.1B | $1.13 | 39.57% | |
| Q1 FY2026 | $2.3B | $982M | $1.05 | 35.99% | $1.1B |
| Q4 FY2025 | $2.3B | $1.4B | $1.49 | 37.84% | $1.2B |
| Q3 FY2025 | $2.2B | $764M | $0.82 | 40.32% | $1.4B |
Recent fiscal years
| Period | Revenue | Net Income | EPS | Operating Margin | Free Cash Flow |
|---|---|---|---|---|---|
| FY2025 | $8.8B | $3.4B | $3.56 | 40.23% | $5.0B |
| FY2024 | $8.2B | $3.7B | $4.01 | 53.84% | $4.9B |
| FY2023 | $8.0B | $3.1B | $3.29 | 46.21% | $5.4B |
Frequently asked questions
What was Prologis, Inc.'s revenue last quarter?
Prologis, Inc. reported revenue of $2.39 billion for Q3 FY2026, up 7.8% from the same period a year earlier.
Is Prologis, Inc. profitable?
Yes. Prologis, Inc. reported net income of $817.1 million for Q3 FY2026, a net margin of 34.22% on revenue.
How has Prologis, Inc.'s margin trended?
Operating margin was 39.24% in Q3 FY2026, compared with 40.32% in the same period a year earlier. The quarter by quarter series is on the SentiSense financials page.
How much free cash flow did Prologis, Inc. generate?
Prologis, Inc. generated free cash flow of $660.6 million in Q3 FY2026, after capital expenditure.
Full income statement, balance sheet and cash flow for PROLOGIS, INC. on SentiSense, with up to forty quarters and twenty fiscal years of history.