PLD Q4 2025 Earnings — Prologis, Inc. Revenue & Financial Results | Market Cap Arena

PLDPrologis, Inc.

$127B

Q4 2025 Earnings

Real Estate REIT - Industrial

Income Statement

Revenue

$2.3B+2.4% YoY

Gross Profit

$1.0B44.6% margin

Operating Income

$852M37.8% margin

Net Income

$1.4B62.1% margin

EPS (Diluted)

$1.49

QoQ Revenue Growth

+1.8%

Cash Flow

Operating Cash Flow

$1.2B

Free Cash Flow

$1.2B

Stock-Based Comp.

$44M

Balance Sheet

Total Assets

$98.7B

Total Liabilities

$41.0B

Stockholders' Equity

$53.2B

Cash & Equivalents

$1.1B

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$2.3B	$2.2B	+2.4%
Gross Profit	$1.0B	$1.7B	-40.2%
Operating Income	$852M	$1.4B	-40.0%
Net Income	$1.4B	$1.3B	+9.5%

Revenue Segments

Real Estate Operations Segment

$4.1B93%

Strategic Capital Segment

$295M7%

Geographic Segments

Real Estate Operations Segment

$3.9B97%

Strategic Capital Segment

$111M3%