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Prologis, Inc.

Company overview

Market capitalization
—
Employees
2,802
Latest publication
2026-09-29
About Prologis, Inc.

Prologis, Inc. is a self-administered and self-managed REIT and is the sole general partner of Prologis, L.P. through which it holds substantially all of its assets. We operate Prologis, Inc. and Prologis, L.P. as one enterprise and, therefore, our discussion and analysis refer to Prologis, Inc. and its consolidated subsidiaries, including Prologis, L.P. We invest in real estate through wholly owned subsidiaries and other entities through which we co-invest with partners and investors (co-investment ventures). We have a significant ownership interest in the co-investment ventures, which are either consolidated or unconsolidated based on our level of control of the entity. Prologis, Inc. began operating as a fully integrated real estate company in 1997 and elected to be taxed as a REIT under the Internal Revenue Code of 1986, as amended (Internal Revenue Code or IRC). We believe the current organization and method of operation enable Prologis, Inc. to maintain its status as a REIT. Prologis, L.P. was also formed in 1997. We operate, manage and measure the operating performance of our properties on an owned and managed (O&M) basis. Our O&M portfolio includes our consolidated properties as well as properties owned by our unconsolidated co investment ventures, which we manage. We make operating decisions based on our total O&M portfolio as we manage the properties without regard to their ownership. Prologis, Inc. was incorporated in 1983 in Maryland and is based in San Francisco, California.

Company website

Financial statements

Income Quarterly

Exact reported values; units shown beside each amount. Missing values are —.
MetricQ2 20262026-06-30 · USDQ1 20122012-03-31 · USDQ3 20112011-09-30 · USDQ1 20102010-03-31 · USD
Total Revenue2,425,452,000USD500,064,000USD501,393,000USD157,952,000USD
General And Administrative Expenses129,626,000USD———
Other Operating Expenses20,166,000USD———
Total Operating Expenses1,465,761,000USD258,687,000USD252,769,000USD83,810,000USD
Operating Income1,251,336,000USD85,131,000USD79,339,000USD22,162,000USD
Total Other Income Expense Net-19,209,000USD116,320,000USD-39,622,000USD-23,622,000USD
Interest Expense276,311,000USD128,100,000USD135,863,000USD32,589,000USD
Depreciation And Amortization689,518,000USD191,825,000USD198,031,000USD44,371,000USD
Income Before Tax1,232,127,000USD206,808,000USD50,943,000USD-466,000USD
Income Tax Expense108,173,000USD12,124,000USD-2,838,000USD-315,000USD
Equity Method Income Loss147,470,000USD———
Net Income1,123,954,000USD212,979,000USD65,315,000USD-151,000USD
Minority Interest61,763,000USD118,000USD23,000USD253,000USD
Net Income Applicable To Common Shares1,060,844,000USD202,412,000USD55,436,000USD0USD
Cost Of Revenue—135,612,000USD137,029,000USD48,118,000USD
Gross Profit—343,818,000USD332,108,000USD105,972,000USD
Research Development—0USD0USD0USD
Selling General Administrative—60,159,000USD53,341,000USD32,265,000USD
Unclassified Operating Expenses—198,528,000USD199,428,000USD51,545,000USD
Net Income From Continuing Ops—194,684,000USD53,781,000USD0USD
Ebit—329,551,000USD175,580,000USD34,139,000USD
Ebitda—521,376,000USD373,611,000USD78,510,000USD
Reconciled Depreciation—191,825,000USD199,361,000USD44,345,000USD
Non Operating Income Net Other—249,376,000USD96,241,000USD—
Discontinued Operations—18,413,000USD12,087,000USD0USD
SourceDisclosureDeterministicFinalLegacy providerLegacyLegacy providerLegacyLegacy providerLegacy

Balance sheet Quarterly

Exact reported values; units shown beside each amount. Missing values are —.
MetricQ2 20262026-06-30 · USDQ1 20262026-03-31 · USDQ4 20252025-12-31 · USDQ3 20252025-09-30 · USDQ2 20252025-06-30 · USDQ1 20252025-03-31 · USDQ4 20242024-12-31 · USDQ3 20242024-09-30 · USD
Total Assets101,011,872,000USD98,133,451,000USD98,724,256,000USD98,341,141,000USD97,717,050,000USD95,993,391,000USD95,328,909,000USD95,905,196,000USD
Cash And Equivalents1,765,043,000USD—1,145,647,000USD1,186,022,000USD1,066,081,000USD671,117,000USD1,318,591,000USD—
Total Liabilities42,892,357,000USD———————
Total Stockholder Equity53,725,722,000USD53,503,401,000USD53,193,178,000USD52,635,541,000USD52,728,574,000USD53,467,210,000USD53,951,138,000USD53,071,769,000USD
Total Equity Including Noncontrolling Interest58,119,515,000USD———————
Common Stock9,330,000USD9,323,000USD9,287,000USD9,287,000USD9,280,000USD9,279,000USD9,263,000USD9,261,000USD
Retained Earnings-860,498,000USD-921,028,000USD-1,360,237,000USD-1,360,237,000USD-1,183,239,000USD-812,880,000USD-465,913,000USD-851,763,000USD
Accumulated Other Comprehensive Income-397,717,000USD-479,497,000USD-178,463,000USD-736,100,000USD-765,507,000USD-349,588,000USD-120,215,000USD-572,251,000USD
Total Liab—40,184,959,000USD40,970,248,000USD41,129,032,000USD40,410,236,000USD37,917,953,000USD36,712,139,000USD38,241,104,000USD
Other Current Liab—1,681,047,000USD5,933,175,000USD1,847,369,000USD1,627,999,000USD1,620,366,000USD1,951,000USD1,808,142,000USD
Capital Stock—73,271,000USD73,240,000USD73,235,000USD73,228,000USD73,227,000USD73,211,000USD73,209,000USD
Other Assets—97,272,307,000USD203,344,000USD97,155,119,000USD253,331,000USD95,322,274,000USD248,511,000USD—
Cash—861,144,000USD1,145,647,000USD1,186,022,000USD1,066,081,000USD671,117,000USD1,318,591,000USD780,871,000USD
Cash And Short Term Investments—861,144,000USD1,145,647,000USD1,186,022,000USD1,066,081,000USD671,117,000USD1,318,591,000USD780,871,000USD
Total Current Assets—861,144,000USD1,348,991,000USD1,544,873,000USD1,319,412,000USD1,216,659,000USD2,422,879,000USD1,106,858,000USD
Total Current Liabilities—2,234,912,000USD5,933,175,000USD2,072,291,000USD2,148,193,000USD2,152,498,000USD2,642,298,000USD2,468,879,000USD
Net Debt—33,808,448,000USD33,891,426,000USD34,116,879,000USD33,600,470,000USD31,590,938,000USD30,175,977,000USD31,508,961,000USD
Short Term Debt—553,865,000USD0USD224,922,000USD520,194,000USD532,132,000USD224,966,000USD660,737,000USD
Short Long Term Debt—553,865,000USD44,679,000USD224,922,000USD520,194,000USD532,132,000USD224,966,000USD660,737,000USD
Short Long Term Debt Total—34,669,592,000USD35,037,073,000USD35,302,901,000USD34,666,551,000USD32,262,055,000USD31,494,568,000USD32,289,832,000USD
Long Term Debt—34,115,727,000USD35,037,073,000USD35,077,979,000USD34,666,551,000USD31,729,923,000USD30,654,297,000USD31,629,095,000USD
Long Term Investments—11,241,723,000USD11,093,936,000USD10,543,057,000USD10,618,184,000USD10,287,314,000USD10,079,448,000USD10,092,765,000USD
Common Stock Shares Outstanding—957,561,000shares958,019,000shares956,603,000shares956,141,000shares956,080,000shares953,590,000shares953,813,000shares
Non Current Assets Total—97,272,307,000USD97,375,265,000USD96,796,268,000USD96,397,638,000USD94,776,732,000USD92,906,030,000USD94,798,338,000USD
Non Current Liabilities Total—37,950,047,000USD35,037,073,000USD39,056,741,000USD38,262,043,000USD35,765,455,000USD34,069,841,000USD35,772,225,000USD
Non Current Liabilities Other—3,834,320,000USD2,612,850,000USD3,978,762,000USD4,115,686,000USD4,035,532,000USD2,799,601,000USD4,143,130,000USD
Non Currrent Assets Other—6,087,492,000USD5,881,122,000USD86,253,211,000USD85,779,454,000USD84,489,418,000USD81,138,647,000USD84,705,573,000USD
Net Working Capital—-873,969,000USD-245,154,000USD-527,418,000USD-828,781,000USD-935,839,000USD-219,419,000USD-1,362,021,000USD
Unclassified Non Current Assets—-17,329,215,000USD—-178,500,562,000USD-80,758,380,000USD-175,450,587,000USD—-79,760,774,000USD
Unclassified Current Liabilities—-553,865,000USD-2,008,324,000USD-2,072,291,000USD-2,148,193,000USD-2,152,498,000USD-54,204,000USD-2,468,879,000USD
Unclassified Equity—54,821,332,000USD54,649,351,000USD54,649,356,000USD54,594,812,000USD54,547,172,000USD54,454,792,000USD54,413,313,000USD
Intangible Assets——588,427,000USD———764,546,000USD—
Other Current Assets——203,344,000USD358,851,000USD253,331,000USD545,542,000USD479,810,000USD325,987,000USD
Net Receivables——601,344,000USD———624,478,000USD—
Accounts Payable——1,963,645,000USD1,847,369,000USD1,627,999,000USD1,620,366,000USD1,769,327,000USD1,808,142,000USD
Property Plant Equipment Net——80,400,207,000USD81,345,443,000USD80,505,049,000USD80,128,313,000USD920,132,000USD79,760,774,000USD
Property Plant Equipment Gross——893,367,000USD———920,132,000USD—
Unclassified Current Assets——-601,344,000USD—————
Unclassified Non Current Liabilities——-2,612,850,000USD—-520,194,000USD—615,943,000USD—
Current Deferred Revenue——————475,292,000USD-5,951,272,000USD
SourceDisclosureDeterministicFinalLegacy providerLegacyLegacy providerLegacyLegacy providerLegacyLegacy providerLegacyLegacy providerLegacyLegacy providerLegacyLegacy providerLegacy

Balance sheet Yearly

Exact reported values; units shown beside each amount. Missing values are —.
MetricFY 20252025-12-31 · USDFY 20242024-12-31 · USDFY 20232023-12-31 · USDFY 20222022-12-31 · USDFY 20212021-12-31 · USDFY 20202020-12-31 · USDFY 20192019-12-31 · USDFY 20182018-12-31 · USD
Total Assets98,724,256,000USD95,328,909,000USD93,020,840,000USD87,897,448,000USD58,486,220,000USD56,065,005,000USD40,031,850,000USD38,417,664,000USD
Intangible Assets588,427,000USD764,546,000USD1,010,615,000USD1,183,006,000USD552,517,000USD726,821,000USD314,179,000USD450,690,000USD
Other Current Assets203,344,000USD479,810,000USD710,254,000USD770,740,000USD-1,149,361,000USD1,209,450,000USD830,361,000USD730,869,000USD
Total Liab40,970,248,000USD36,712,139,000USD35,197,120,000USD30,034,355,000USD20,744,010,000USD19,740,425,000USD13,960,066,000USD12,616,776,000USD
Total Stockholder Equity53,193,178,000USD53,951,138,000USD53,181,724,000USD53,237,282,000USD37,742,210,000USD31,971,547,000USD22,653,127,000USD25,800,888,000USD
Other Current Liab5,933,175,000USD1,951,000USD14,182,000USD4,536,000USD133,724,000USD16,214,000USD41,994,000USD619,775,000USD
Common Stock9,287,000USD9,263,000USD9,244,000USD9,231,000USD7,398,000USD7,394,000USD6,318,000USD6,296,000USD
Capital Stock73,240,000USD73,211,000USD73,192,000USD73,179,000USD71,346,000USD71,342,000USD75,266,000USD75,244,000USD
Retained Earnings-1,360,237,000USD-465,913,000USD-627,068,000USD-457,695,000USD-1,327,828,000USD-2,394,690,000USD-2,151,168,000USD-2,378,467,000USD
Other Assets203,344,000USD1,104,288,000USD87,319,000USD77,920,067,000USD11,056,113,000USD55,466,919,000USD505,798,000USD479,807,000USD
Cash1,145,647,000USD1,318,591,000USD530,388,000USD278,483,000USD556,117,000USD598,086,000USD1,088,855,000USD343,856,000USD
Cash And Equivalents1,145,647,000USD1,318,591,000USD530,388,000USD278,483,000USD556,117,000USD598,086,000USD1,088,855,000USD343,856,000USD
Cash And Short Term Investments1,145,647,000USD1,318,591,000USD530,388,000USD278,483,000USD556,117,000USD598,086,000USD1,088,855,000USD343,856,000USD
Total Current Assets1,348,991,000USD2,422,879,000USD1,794,979,000USD1,687,073,000USD1,972,640,000USD2,187,913,000USD2,161,282,000USD966,144,000USD
Total Current Liabilities5,933,175,000USD2,642,298,000USD3,289,062,000USD3,699,579,000USD2,064,252,000USD1,609,522,000USD1,125,014,000USD1,526,961,000USD
Net Debt33,891,426,000USD30,175,977,000USD29,067,676,000USD24,236,289,000USD17,607,382,000USD16,737,962,000USD11,288,656,000USD10,745,959,000USD
Short Term Debt0USD224,966,000USD979,313,000USD1,538,461,000USD491,393,000USD171,794,000USD184,255,000USD50,500,000USD
Short Long Term Debt44,679,000USD224,966,000USD979,313,000USD1,538,461,000USD491,393,000USD171,794,000USD184,255,000USD428,000USD
Short Long Term Debt Total35,037,073,000USD31,494,568,000USD29,598,064,000USD24,514,772,000USD18,206,447,000USD17,336,048,000USD12,377,511,000USD11,140,315,000USD
Long Term Debt35,037,073,000USD30,654,297,000USD28,021,188,000USD23,875,961,000USD17,715,054,000USD16,849,076,000USD11,905,877,000USD11,089,815,000USD
Long Term Investments11,093,936,000USD10,079,448,000USD9,543,970,000USD9,698,898,000USD54,617,649,000USD52,517,910,000USD36,744,808,000USD36,297,889,000USD
Net Receivables601,344,000USD624,478,000USD554,337,000USD637,850,000USD593,244,000USD380,377,000USD242,066,000USD239,526,000USD
Accounts Payable1,963,645,000USD1,769,327,000USD1,766,018,000USD1,711,885,000USD1,252,767,000USD1,143,372,000USD704,954,000USD760,515,000USD
Property Plant Equipment Net80,400,207,000USD920,132,000USD891,737,000USD855,327,000USD577,408,000USD610,501,000USD593,798,000USD112,211,000USD
Property Plant Equipment Gross893,367,000USD920,132,000USD891,737,000USD855,327,000USD577,408,000USD610,501,000USD593,798,000USD112,211,000USD
Accumulated Other Comprehensive Income-178,463,000USD-120,215,000USD-514,201,000USD-443,609,000USD-878,253,000USD-1,193,739,000USD-990,398,000USD-1,084,671,000USD
Common Stock Shares Outstanding958,019,000shares953,590,000shares951,791,000shares834,843,000shares785,711,000shares775,151,000shares673,449,000shares590,239,000shares
Non Current Assets Total97,375,265,000USD92,906,030,000USD91,225,861,000USD86,210,375,000USD56,513,580,000USD53,877,092,000USD37,870,568,000USD37,451,520,000USD
Non Current Liabilities Total35,037,073,000USD34,069,841,000USD31,908,058,000USD26,334,776,000USD18,679,758,000USD18,130,903,000USD12,835,052,000USD11,089,815,000USD
Non Current Liabilities Other2,612,850,000USD2,799,601,000USD3,224,839,000USD3,351,783,000USD1,776,189,000USD1,747,977,000USD1,349,235,000USD766,446,000USD
Non Currrent Assets Other5,881,122,000USD81,138,647,000USD79,778,308,000USD74,467,412,000USD46,763,771,000USD44,932,164,000USD30,720,625,000USD31,134,558,000USD
Net Working Capital-245,154,000USD-219,419,000USD-1,464,390,000USD-2,012,506,000USD-91,612,000USD746,364,000USD1,154,391,000USD432,433,000USD
Unclassified Current Assets-601,344,000USD—-87,437,000USD-45,566,000USD613,340,000USD——-348,134,000USD
Unclassified Current Liabilities-2,008,324,000USD-54,204,000USD-826,826,000USD-1,423,544,000USD-491,393,000USD-61,625,000USD-108,567,000USD—
Unclassified Non Current Liabilities-2,612,850,000USD615,943,000USD662,031,000USD-5,114,480,000USD-2,429,688,000USD-1,920,355,000USD-1,473,564,000USD-1,698,947,000USD
Unclassified Equity54,649,351,000USD54,454,792,000USD54,240,557,000USD54,056,176,000USD39,869,547,000USD35,481,240,000USD25,713,109,000USD29,182,486,000USD
Current Deferred Revenue—475,292,000USD377,062,000USD329,780,000USD186,368,000USD167,973,000USD118,123,000USD96,171,000USD
Unclassified Non Current Assets—-1,101,031,000USD—-77,920,067,000USD-57,062,804,000USD-100,382,815,000USD-31,013,235,000USD-31,023,635,000USD
Good Will——1,231,000USD5,732,000USD8,926,000USD5,592,000USD4,595,000USD—
Short Term Investments——118,000USD45,566,000USD209,939,000USD——27,000USD
Inventory——87,319,000USD-877,333,000USD——1USD-348,107,000USD
Deferred Long Term Liab———650,127,000USD520,778,000USD425,995,000USD381,013,000USD346,852,000USD
Other Liab———3,571,385,000USD1,097,425,000USD1,028,210,000USD672,491,000USD585,649,000USD
Net Tangible Assets———57,799,145,000USD33,426,873,000USD36,260,632,000USD26,002,836,000USD22,229,145,000USD
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Cash flow YTD

Exact reported values; units shown beside each amount. Missing values are —.
MetricQ2 20262026-06-30 · USD
Net Income2,168,769,000USD
Depreciation1,421,024,000USD
Stock Based Compensation115,780,000USD
Deferred Income Tax19,044,000USD
Unclassified Operating Cash Flow-1,089,606,000USD
Operating Cash Flow2,635,011,000USD
Unclassified Investing Cash Flow-1,553,170,000USD
Investing Cash Flow-1,553,170,000USD
Unclassified Financing Cash Flow-449,947,000USD
Financing Cash Flow-449,947,000USD
Effect Of Forex Changes On Cash-12,498,000USD
Change In Cash619,396,000USD
End Cash Flow1,765,043,000USD
SourceDisclosureDeterministicFinal

Cash flow Quarterly

Exact reported values; units shown beside each amount. Missing values are —.
MetricQ1 20262026-03-31 · USDQ4 20252025-12-31 · USDQ3 20252025-09-30 · USDQ2 20252025-06-30 · USDQ1 20252025-03-31 · USDQ4 20242024-12-31 · USDQ3 20242024-09-30 · USDQ2 20242024-06-30 · USD
Net Income1,044,815,000USD1,482,215,000USD821,260,000USD622,304,000USD639,520,000USD1,342,176,000USD1,063,451,000USD861,348,000USD
Depreciation731,506,000USD668,750,000USD647,999,000USD657,221,000USD652,058,000USD656,444,000USD649,265,000USD637,305,000USD
Stock Based Compensation60,632,000USD43,812,000USD44,509,000USD43,984,000USD53,161,000USD67,445,000USD42,520,000USD54,545,000USD
Other Non Cash Items-448,701,000USD-883,376,000USD-156,952,000USD-39,855,000USD-97,263,000USD-738,373,000USD-437,217,000USD-326,546,000USD
Change To Account Receivables31,009,000USD-6,894,000USD3,380,000USD-11,852,000USD16,638,000USD-17,237,000USD15,535,000USD-22,607,000USD
Change In Working Capital-100,306,000USD-160,422,000USD96,224,000USD-37,619,000USD-93,405,000USD-11,201,000USD125,130,000USD-140,199,000USD
Total Cash From Operating Activities1,288,136,000USD1,158,236,000USD1,447,728,000USD1,241,717,000USD1,160,753,000USD1,335,451,000USD1,434,845,000USD1,086,453,000USD
Capital Expenditures-149,881,000USD-4,909,142,000USD-3,417,667,000USD-2,588,073,000USD-1,590,215,000USD-5,920,317,000USD-254,338,000USD-207,512,000USD
Free Cash Flow1,138,255,000USD1,158,236,000USD1,447,728,000USD1,241,717,000USD1,160,753,000USD1,335,451,000USD1,434,845,000USD878,941,000USD
Investments176,795,000USD-6,740,000USD-1,070,091,000USD-1,034,970,000USD-1,550,511,000USD319,956,000USD-1,711,117,000USD-623,831,000USD
Total Cashflows From Investing Activities-400,615,000USD25,125,000USD-1,070,091,000USD-1,034,970,000USD-1,550,511,000USD319,956,000USD-1,711,117,000USD-619,323,000USD
Net Borrowings-6,877,000USD-163,281,000USD749,724,000USD1,220,445,000USD748,238,000USD-175,772,000USD1,402,894,000USD—
Total Cash From Financing Activities-1,158,280,000USD-1,218,282,000USD-251,725,000USD181,948,000USD-275,560,000USD-1,091,609,000USD445,064,000USD-360,308,000USD
Dividends Paid-1,026,181,000USD-941,973,000USD-941,264,000USD-941,588,000USD-939,920,000USD-893,003,000USD-892,862,000USD-892,809,000USD
Sale Purchase Of Stock-47,952,000USD-5,190,000USD-3,342,000USD1,000USD-15,416,000USD—-4,968,000USD-205,000USD
Change In Cash-284,503,000USD-40,375,000USD119,941,000USD394,964,000USD-647,474,000USD537,720,000USD182,524,000USD97,758,000USD
Begin Period Cash Flow1,145,647,000USD1,186,022,000USD1,066,081,000USD671,117,000USD1,318,591,000USD780,871,000USD598,347,000USD500,589,000USD
End Period Cash Flow861,144,000USD1,145,647,000USD1,186,022,000USD1,066,081,000USD671,117,000USD1,318,591,000USD780,871,000USD598,347,000USD
Other Cashflows From Investing Activities310,000USD265,147,000USD-620,299,000USD-25,468,000USD-9,231,000USD374,774,000USD-1,632,398,000USD-623,831,000USD
Other Cashflows From Financing Activities-77,270,000USD-107,838,000USD-56,843,000USD-96,910,000USD-68,462,000USD-22,834,000USD-60,000,000USD-98,323,000USD
Unclassified Investing Cash Flow-427,839,000USD4,675,860,000USD4,037,966,000USD2,613,541,000USD1,599,446,000USD5,545,543,000USD1,886,736,000USD835,851,000USD
Unclassified Operating Cash Flow—————18,960,000USD——
Unclassified Financing Cash Flow———————631,029,000USD
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Cash flow Yearly

Exact reported values; units shown beside each amount. Missing values are —.
MetricFY 20252025-12-31 · USDFY 20242024-12-31 · USDFY 20232023-12-31 · USDFY 20222022-12-31 · USDFY 20212021-12-31 · USDFY 20202020-12-31 · USDFY 20192019-12-31 · USDFY 20182018-12-31 · USD
Net Income3,410,663,000USD3,947,935,000USD3,059,214,000USD3,555,398,000USD3,148,590,000USD1,616,630,000USD1,701,846,000USD1,822,960,000USD
Depreciation2,626,028,000USD2,580,519,000USD2,484,891,000USD1,812,777,000USD1,577,942,000USD1,561,969,000USD1,139,879,000USD947,214,000USD
Stock Based Compensation185,466,000USD231,747,000USD267,648,000USD175,356,000USD113,028,000USD109,831,000USD97,557,000USD76,093,000USD
Other Non Cash Items-1,218,032,000USD-1,742,619,000USD-526,477,000USD-1,403,515,000USD-1,678,964,000USD-333,325,000USD-706,080,000USD-961,436,000USD
Change To Account Receivables1,272,000USD20,532,000USD-82,375,000USD-135,254,000USD-342,734,000USD-112,949,000USD-96,608,000USD-39,890,000USD
Change In Working Capital-195,222,000USD-126,534,000USD70,074,000USD-26,224,000USD-165,876,000USD-18,844,000USD18,611,000USD-82,720,000USD
Total Cash From Operating Activities5,008,434,000USD4,912,209,000USD5,373,058,000USD4,126,430,000USD2,996,042,000USD2,937,005,000USD2,264,034,000USD1,803,559,000USD
Capital Expenditures-4,909,142,000USD-5,920,317,000USD-691,856,000USD-5,610,487,000USD-4,960,320,000USD-1,248,294,000USD-791,860,000USD-915,698,000USD
Free Cash Flow5,008,434,000USD4,912,209,000USD4,681,202,000USD4,126,430,000USD2,996,042,000USD1,688,711,000USD2,264,034,000USD887,861,000USD
Investments-197,511,000USD-3,099,057,000USD-6,419,397,000USD-4,499,057,000USD3,938,298,000USD2,315,144,000USD2,535,028,000USD2,427,422,000USD
Total Cashflows From Investing Activities-3,630,447,000USD-3,099,057,000USD-6,419,397,000USD-4,499,057,000USD-1,990,058,000USD-3,074,330,000USD-685,350,000USD-663,796,000USD
Net Borrowings2,555,126,000USD2,856,272,000USD4,915,817,000USD248,510,000USD300,018,000USD-65,163,000USD109,910,000USD41,587,000USD
Total Cash From Financing Activities-1,563,619,000USD-999,957,000USD1,320,282,000USD115,789,000USD-1,008,325,000USD-372,162,000USD-839,599,000USD-1,232,101,000USD
Dividends Paid-3,764,745,000USD-3,570,480,000USD-3,228,589,000USD-2,571,267,000USD-1,872,861,000USD-1,722,989,000USD-1,345,660,000USD-1,123,367,000USD
Sale Purchase Of Stock-23,947,000USD-30,526,000USD-24,536,000USD-164,665,000USD3,921,026,000USD-42,029,000USD4,104,522,000USD4,225,121,000USD
Change In Cash-172,944,000USD788,203,000USD251,905,000USD-277,634,000USD-41,969,000USD-490,769,000USD744,999,000USD-103,190,000USD
Begin Period Cash Flow1,318,591,000USD530,388,000USD278,483,000USD556,117,000USD598,086,000USD1,088,855,000USD343,856,000USD447,046,000USD
End Period Cash Flow1,145,647,000USD1,318,591,000USD530,388,000USD278,483,000USD556,117,000USD598,086,000USD1,088,855,000USD343,856,000USD
Other Cashflows From Investing Activities-3,225,153,000USD-3,183,520,000USD-6,518,371,000USD-837,828,000USD-968,036,000USD-3,925,017,000USD-419,198,000USD34,260,000USD
Other Cashflows From Financing Activities-330,053,000USD-255,223,000USD-366,946,000USD4,068,061,000USD-497,059,000USD8,183,904,000USD-302,716,000USD-174,658,000USD
Unclassified Operating Cash Flow199,531,000USD———————
Unclassified Investing Cash Flow4,701,359,000USD9,103,837,000USD7,210,227,000USD6,448,315,000USD—-216,163,000USD-2,009,320,000USD-2,209,780,000USD
Issuance Of Capital Stock——0USD0USD743,000USD2,217,000USD6,082,000USD6,891,000USD
Unclassified Financing Cash Flow——24,536,000USD-1,464,850,000USD-2,859,449,000USD-6,725,885,000USD-3,405,655,000USD-4,200,784,000USD
Change To Inventory———71,307,000USD328,511,000USD127,619,000USD108,165,000USD—
Change To Liabilities———109,030,000USD176,858,000USD94,105,000USD115,219,000USD30,125,000USD
Cash And Cash Equivalents Changes———-256,838,000USD-41,969,000USD-490,769,000USD744,999,000USD-103,190,000USD
Exchange Rate Changes————-39,628,000USD18,718,000USD5,914,000USD-10,852,000USD
SourceLegacy providerLegacyLegacy providerLegacyLegacy providerLegacyLegacy providerLegacyLegacy providerLegacyLegacy providerLegacyLegacy providerLegacyLegacy providerLegacy

Operating metrics

Build-to-Suit Share of Development Starts

Period endPeriodValueUnitSource
2026-06-30year_to_date84.5percentDisclosure

Build-to-Suit Share of Stabilizations

Period endPeriodValueUnitSource
2026-06-30year_to_date33.4percentDisclosure

Consolidated Development Portfolio Properties

Period endPeriodValueUnitSource
2026-06-30instant70propertiesDisclosure

Data Center Development Power Capacity

Period endPeriodValueUnitSource
2026-06-30instant680megawattsDisclosure

Development Buildings Stabilized

Period endPeriodValueUnitSource
2026-06-30year_to_date32buildingsDisclosure

Development Buildings Started

Period endPeriodValueUnitSource
2026-06-30year_to_date24buildingsDisclosure

Development Disposition Square Feet

Period endPeriodValueUnitSource
2026-06-30quarterly2,952,000square_feetDisclosure

Development Land Acres Disposed

Period endPeriodValueUnitSource
2026-06-30quarterly22acresDisclosure

Development Portfolio Leased Percentage

Period endPeriodValueUnitSource
2026-06-30instant43.2percentDisclosure

Development Portfolio TEI

Period endPeriodValueUnitSource
2026-06-30instant5,700,000,000USDDisclosure

Development Properties and Land Disposed

Period endPeriodValueUnitSource
2026-06-30quarterly11propertiesDisclosure

Development Starts Area

Period endPeriodValueUnitSource
2026-06-30year_to_date7,000,000square_feetDisclosure

Development Starts Total Expected Investment

Period endPeriodValueUnitSource
2026-06-30year_to_date2,966,000,000USDDisclosure

Estimated Development Margin

Period endPeriodValueUnitSource
2026-06-30year_to_date26.2percentDisclosure

Estimated Development Value Creation

Period endPeriodValueUnitSource
2026-06-30year_to_date423,000,000USDDisclosure

Land Acres Acquired

Period endPeriodValueUnitSource
2026-06-30quarterly428acresDisclosure

Land Bank Acres

Period endPeriodValueUnitSource
2026-06-30instant8,387acresDisclosure

Lease Mark-to-Market, NER, Prologis Share

Period endPeriodValueUnitSource
2026-06-30instant17percentDisclosure

Leasing Commissions

Period endPeriodValueUnitSource
2026-06-30quarterly72,000,000USDDisclosure

O&M Operating Portfolio Occupancy

Period endPeriodValueUnitSource
2026-06-30instant95.5percentDisclosure

O&M Operating Portfolio Properties

Period endPeriodValueUnitSource
2026-06-30instant5,476propertiesDisclosure

O&M Operating Portfolio Square Feet

Period endPeriodValueUnitSource
2026-06-30instant1,222,000,000square_feetDisclosure

O&M Portfolio Rent Change, Net Effective

Period endPeriodValueUnitSource
2026-06-30quarterly36.9percentDisclosure

Operating Portfolio Occupancy, Prologis Share

Period endPeriodValueUnitSource
2026-06-30instant95.4percentDisclosure

Operating Properties Acquired

Period endPeriodValueUnitSource
2026-06-30quarterly88propertiesDisclosure

Operating Properties Held for Sale or Contribution

Period endPeriodValueUnitSource
2026-06-30instant18propertiesDisclosure

Operating Property Buildings

Period endPeriodValueUnitSource
2026-06-30instant3,051buildingsDisclosure

Operating Property Square Feet

Period endPeriodValueUnitSource
2026-06-30instant675,781,000square_feetDisclosure

Other Real-Estate Disposition Square Feet

Period endPeriodValueUnitSource
2026-06-30quarterly3,330,000square_feetDisclosure

Other Real-Estate Properties Disposed

Period endPeriodValueUnitSource
2026-06-30quarterly20propertiesDisclosure

Prestabilized Property Buildings

Period endPeriodValueUnitSource
2026-06-30instant12buildingsDisclosure

Prestabilized Property Square Feet

Period endPeriodValueUnitSource
2026-06-30instant2,962,000square_feetDisclosure

Properties Under Development Buildings

Period endPeriodValueUnitSource
2026-06-30instant58buildingsDisclosure

Properties Under Development Square Feet

Period endPeriodValueUnitSource
2026-06-30instant16,762,000square_feetDisclosure

Property Improvements

Period endPeriodValueUnitSource
2026-06-30quarterly71,000,000USDDisclosure

Same Store Property NOI Growth, Cash

Period endPeriodValueUnitSource
2026-06-30quarterly8.5percentDisclosure

Same Store Property NOI Growth, Net Effective

Period endPeriodValueUnitSource
2026-06-30quarterly6.4percentDisclosure

Square Feet Acquired

Period endPeriodValueUnitSource
2026-06-30quarterly27,401,000square_feetDisclosure

Square Feet Held for Sale or Contribution

Period endPeriodValueUnitSource
2026-06-30instant4,124,000square_feetDisclosure

Stabilized Development Area

Period endPeriodValueUnitSource
2026-06-30year_to_date9,000,000square_feetDisclosure

Stabilized Developments TEI

Period endPeriodValueUnitSource
2026-06-30year_to_date1,612,000,000USDDisclosure

Tenant Improvements

Period endPeriodValueUnitSource
2026-06-30quarterly62,000,000USDDisclosure

Unconsolidated Co-Investment Venture Loan-to-Value

Period endPeriodValueUnitSource
2026-06-30instant29.9percentDisclosure

Unconsolidated Co-Investment Ventures

Period endPeriodValueUnitSource
2026-06-30instant13venturesDisclosure

Unconsolidated Venture Operating Portfolio Gross Book Value

Period endPeriodValueUnitSource
2026-06-30instant62,400,000,000USDDisclosure

Unconsolidated Venture Operating Properties

Period endPeriodValueUnitSource
2026-06-30instant2,452propertiesDisclosure

Unconsolidated Venture Square Feet

Period endPeriodValueUnitSource
2026-06-30instant551,000,000square_feetDisclosure

Weighted Average Lease Term for Commenced Leases

Period endPeriodValueUnitSource
2026-06-30trailing_twelve_months68monthsDisclosure

Weighted Average Stabilized Yield

Period endPeriodValueUnitSource
2026-06-30year_to_date7.2percentDisclosure

Revenue breakdown

PeriodDimensionBusiness / regionRevenueCurrencySource
Q2 2026Quarterly · 2026-06-30GeographyAsia142,000,000USDDisclosure
Q2 2026Quarterly · 2026-06-30GeographyEurope541,000,000USDDisclosure
Q2 2026Quarterly · 2026-06-30GeographyOther Americas226,000,000USDDisclosure
Q2 2026Quarterly · 2026-06-30GeographyUnited States451,000,000USDDisclosure
Q2 2026Quarterly · 2026-06-30SegmentReal Estate Operations2,183,833,000USDDisclosure
Q2 2026Quarterly · 2026-06-30SegmentStrategic Capital241,619,000USDDisclosure
Q1 2026Quarterly · 2026-03-31GeographyAsia155,000,000USD0001193125-26-197850
Q1 2026Quarterly · 2026-03-31GeographyEurope537,000,000USD0001193125-26-197850
Q1 2026Quarterly · 2026-03-31GeographyOther Americas222,000,000USD0001193125-26-197850
Q1 2026Quarterly · 2026-03-31GeographyUnited States447,000,000USD0001193125-26-197850
Q1 2026Quarterly · 2026-03-31SegmentReal Estate Operations2,136,911,000USD0001193125-26-197850
Q1 2026Quarterly · 2026-03-31SegmentStrategic Capital160,812,000USD0001193125-26-197850
Q4 2025Quarterly · 2025-12-31GeographyAsia160,000,000USDLegacy provider
Q4 2025Quarterly · 2025-12-31GeographyEurope547,000,000USDLegacy provider
Q4 2025Quarterly · 2025-12-31GeographyOther Americas211,000,000USDLegacy provider
Q4 2025Quarterly · 2025-12-31GeographyUnited States422,000,000USDLegacy provider
Q4 2025Quarterly · 2025-12-31SegmentReal Estate Operations2,099,011,000USDLegacy provider
Q4 2025Quarterly · 2025-12-31SegmentStrategic Capital153,701,000USDLegacy provider
FY 2025Yearly · 2025-12-31GeographyAsia650,000,000USD0001193125-26-051453
FY 2025Yearly · 2025-12-31GeographyEurope2,051,000,000USD0001193125-26-051453
FY 2025Yearly · 2025-12-31GeographyOther Americas831,000,000USD0001193125-26-051453
FY 2025Yearly · 2025-12-31GeographyUnited States1,646,000,000USD0001193125-26-051453
FY 2025Yearly · 2025-12-31SegmentReal Estate Operations8,197,774,000USD0001193125-26-051453
FY 2025Yearly · 2025-12-31SegmentStrategic Capital592,353,000USD0001193125-26-051453
Q3 2025Quarterly · 2025-09-30GeographyAsia164,000,000USD0001193125-25-253512
Q3 2025Quarterly · 2025-09-30GeographyEurope527,000,000USD0001193125-25-253512
Q3 2025Quarterly · 2025-09-30GeographyOther Americas206,000,000USD0001193125-25-253512
Q3 2025Quarterly · 2025-09-30GeographyUnited States411,000,000USD0001193125-25-253512
Q3 2025Quarterly · 2025-09-30SegmentReal Estate Operations2,063,530,000USD0001193125-25-253512
Q3 2025Quarterly · 2025-09-30SegmentStrategic Capital150,351,000USD0001193125-25-253512
Q2 2025Quarterly · 2025-06-30GeographyAsia166,000,000USD0000950170-25-099770
Q2 2025Quarterly · 2025-06-30GeographyEurope507,000,000USD0000950170-25-099770
Q2 2025Quarterly · 2025-06-30GeographyOther Americas200,000,000USD0000950170-25-099770
Q2 2025Quarterly · 2025-06-30GeographyUnited States406,000,000USD0000950170-25-099770
Q2 2025Quarterly · 2025-06-30SegmentReal Estate Operations2,036,707,000USD0000950170-25-099770
Q2 2025Quarterly · 2025-06-30SegmentStrategic Capital147,162,000USD0000950170-25-099770
Q1 2025Quarterly · 2025-03-31GeographyAsia160,000,000USD0001193125-26-197850
Q1 2025Quarterly · 2025-03-31GeographyEurope470,000,000USD0001193125-26-197850
Q1 2025Quarterly · 2025-03-31GeographyOther Americas214,000,000USD0001193125-26-197850
Q1 2025Quarterly · 2025-03-31GeographyUnited States407,000,000USD0001193125-26-197850
Q1 2025Quarterly · 2025-03-31SegmentReal Estate Operations1,998,526,000USD0001193125-26-197850
Q1 2025Quarterly · 2025-03-31SegmentStrategic Capital141,139,000USD0001193125-26-197850
Q4 2024Quarterly · 2024-12-31GeographyAsia163,000,000USDLegacy provider
Q4 2024Quarterly · 2024-12-31GeographyEurope458,000,000USDLegacy provider
Q4 2024Quarterly · 2024-12-31GeographyOther Americas175,000,000USDLegacy provider
Q4 2024Quarterly · 2024-12-31GeographyUnited States382,000,000USDLegacy provider
Q4 2024Quarterly · 2024-12-31SegmentReal Estate Operations1,947,260,000USDLegacy provider
Q4 2024Quarterly · 2024-12-31SegmentStrategic Capital253,386,000USDLegacy provider
FY 2024Yearly · 2024-12-31GeographyAsia638,000,000USD0001193125-26-051453
FY 2024Yearly · 2024-12-31GeographyEurope1,817,000,000USD0001193125-26-051453
FY 2024Yearly · 2024-12-31GeographyOther Americas525,000,000USD0001193125-26-051453
FY 2024Yearly · 2024-12-31GeographyUnited States1,452,000,000USD0001193125-26-051453
FY 2024Yearly · 2024-12-31SegmentReal Estate Operations7,529,703,000USD0001193125-26-051453
FY 2024Yearly · 2024-12-31SegmentStrategic Capital671,907,000USD0001193125-26-051453
Q3 2024Quarterly · 2024-09-30GeographyAsia162,000,000USD0001193125-25-253512
Q3 2024Quarterly · 2024-09-30GeographyEurope467,000,000USD0001193125-25-253512
Q3 2024Quarterly · 2024-09-30GeographyOther Americas110,000,000USD0001193125-25-253512
Q3 2024Quarterly · 2024-09-30GeographyUnited States355,000,000USD0001193125-25-253512
Q3 2024Quarterly · 2024-09-30SegmentReal Estate Operations1,901,022,000USD0001193125-25-253512
Q3 2024Quarterly · 2024-09-30SegmentStrategic Capital135,367,000USD0001193125-25-253512
FY 2023Yearly · 2023-12-31GeographyAsia654,000,000USD0001193125-26-051453
FY 2023Yearly · 2023-12-31GeographyEurope1,695,000,000USD0001193125-26-051453
FY 2023Yearly · 2023-12-31GeographyOther Americas427,000,000USD0001193125-26-051453
FY 2023Yearly · 2023-12-31GeographyUnited States1,315,000,000USD0001193125-26-051453
FY 2023Yearly · 2023-12-31SegmentReal Estate Operations6,823,237,000USD0001193125-26-051453
FY 2023Yearly · 2023-12-31SegmentStrategic Capital1,200,232,000USD0001193125-26-051453
FY 2022Yearly · 2022-12-31GeographyAsia629,000,000USD0000950170-25-021272
FY 2022Yearly · 2022-12-31GeographyEurope1,424,000,000USD0000950170-25-021272
FY 2022Yearly · 2022-12-31GeographyOther Americas383,000,000USD0000950170-25-021272
FY 2022Yearly · 2022-12-31GeographyUnited States1,182,000,000USD0000950170-25-021272
FY 2022Yearly · 2022-12-31SegmentReal Estate Operations4,934,107,000USD0000950170-25-021272
FY 2022Yearly · 2022-12-31SegmentStrategic Capital1,039,585,000USD0000950170-25-021272
FY 2021Yearly · 2021-12-31GeographyAsia653,000,000USD0000950170-24-014539
FY 2021Yearly · 2021-12-31GeographyEurope1,387,000,000USD0000950170-24-014539
FY 2021Yearly · 2021-12-31GeographyOther Americas321,000,000USD0000950170-24-014539
FY 2021Yearly · 2021-12-31GeographyUnited States1,039,000,000USD0000950170-24-014539
FY 2021Yearly · 2021-12-31SegmentReal Estate Operations4,168,690,000USD0000950170-24-014539
FY 2021Yearly · 2021-12-31SegmentStrategic Capital590,750,000USD0000950170-24-014539
FY 2020Yearly · 2020-12-31GeographyAsia584,000,000USD0001564590-23-001902
FY 2020Yearly · 2020-12-31GeographyEurope1,208,000,000USD0001564590-23-001902
FY 2020Yearly · 2020-12-31GeographyOther Americas278,000,000USD0001564590-23-001902
FY 2020Yearly · 2020-12-31GeographyUnited States946,000,000USD0001564590-23-001902
FY 2020Yearly · 2020-12-31SegmentReal Estate Operations3,801,748,000USD0001564590-23-001902
FY 2020Yearly · 2020-12-31SegmentStrategic Capital636,987,000USD0001564590-23-001902
FY 2019Yearly · 2019-12-31GeographyAsia514,000,000USD0001564590-22-004436
FY 2019Yearly · 2019-12-31GeographyEurope1,099,000,000USD0001564590-22-004436
FY 2019Yearly · 2019-12-31GeographyOther Americas266,000,000USD0001564590-22-004436
FY 2019Yearly · 2019-12-31GeographyUnited States738,000,000USD0001564590-22-004436
FY 2019Yearly · 2019-12-31SegmentReal Estate Operations2,838,735,000USD0001564590-22-004436
FY 2019Yearly · 2019-12-31SegmentStrategic Capital491,886,000USD0001564590-22-004436
FY 2018Yearly · 2018-12-31GeographyAsia457,000,000USD0001564590-21-005312
FY 2018Yearly · 2018-12-31GeographyEurope1,101,000,000USD0001564590-21-005312
FY 2018Yearly · 2018-12-31GeographyOther Americas217,000,000USD0001564590-21-005312
FY 2018Yearly · 2018-12-31GeographyUnited States676,000,000USD0001564590-21-005312
FY 2018Yearly · 2018-12-31SegmentReal Estate Operations2,398,149,000USD0001564590-21-005312
FY 2018Yearly · 2018-12-31SegmentStrategic Capital406,300,000USD0001564590-21-005312

Periods follow company fiscal calendars. Quarterly, annual and year-to-date amounts are shown separately. Missing values are not zero. Data may be delayed, incomplete or corrected; follow the disclosure links to verify figures.