Prologis (PLD) financials
Prologis revenue and earnings by year
Prologis's revenue was $8.79 billion in the fiscal year to December 31, 2025, up 7.2% from the year before. Net income was $3.33 billion, 37.9% of revenue. Since the fiscal year to December 31, 2016, revenue has grown 14.8% a year on average.
Fiscal years, each labelled by the calendar year it ended in.
Income statement, the last 10 fiscal years
| Fiscal year to | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 8.79 | 8.20 | 8.02 | 5.97 | 4.76 | 4.44 | 3.33 | 2.80 | 2.62 | 2.53 |
| Revenue growth | 7.2% | 2.2% | 34.3% | 25.5% | 7.2% | 33.3% | 18.8% | 7.1% | 3.4% | — |
| Operating income | 4.36 | 4.42 | 3.71 | 3.47 | 3.21 | 2.12 | 1.85 | 1.69 | 1.95 | 0.67 |
| Operating margin | 49.6% | 53.8% | 46.2% | 58.0% | 67.4% | 47.7% | 55.5% | 60.2% | 74.6% | 26.4% |
| Net income | 3.33 | 3.73 | 3.06 | 3.36 | 2.94 | 1.48 | 1.57 | 1.65 | 1.65 | 1.21 |
| Net margin | 37.9% | 45.5% | 38.1% | 56.3% | 61.8% | 33.4% | 47.2% | 58.8% | 63.1% | 47.8% |
| Diluted EPS | $3.55 | $4.00 | $3.29 | $4.35 | $3.94 | $2.02 | $2.47 | $2.84 | $3.06 | $2.25 |
| Free cash flow | -0.46 | -1.51 | -2.91 | -2.03 | -2.46 | -0.59 | -0.86 | -1.38 | -0.63 | -0.95 |
Diluted EPS is stated in today's shares (adjusted for every split since). Quarterly statements and the income statement as a flow chart are in the app: open PLD in Markets.
See also: PLD valuation and P/E history · PLD returns
No forecast, no recommendation. This page describes Prologis from published data; it is not advice to buy, sell or hold any security.
Figures as of the close on Oct 30, 2026 unless a row says otherwise. Prices are split adjusted; returns include dividends reinvested. Data may be delayed. See the disclaimer and how TrendArc works.