Prologis (PLD) income statement
NYSE · Real Estate · REIT - Industrial · 2,802 employees · CEO Daniel S. Letter
- Price
- $128.06 +0.03%
- Market cap
- $122B
- Enterprise value
- $156B
- Last report
- Q3 '26 filed 2026-10-28
- Next report
- 2027-01-20 EPS est. $0.76
Prologis (PLD) reported revenue of $2.39B for Q3 '26 (+7.8% year on year), operating income of $937M (39.2% of revenue) and net income of $817M. Over the last four quarters revenue was $9.36B.
Income statement
| Income statement | Trend | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | Q2 '26 | Q3 '26 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $1.89B | $1.96B | $2.01B | $2.04B | $2.2B | $2.14B | $2.18B | $2.21B | $2.25B | $2.3B | $2.43B | $2.39B | |
| Cost of revenue | $487M | $533M | $516M | $489M | $520M | $549M | $553M | $1.2B | $1.25B | $2.07B | $2.01B | $2.02B | |
| Gross profit | $1.4B | $1.42B | $1.49B | $1.55B | $1.68B | $1.59B | $1.63B | $1.01B | $1.01B | $233M | $420M | $371M | |
| General & administrative | $98.3M | $111M | $107M | $98.2M | $103M | $115M | $107M | $119M | $137M | $0 | $0 | $0 | |
| Other operating expenses | $469M | $592M | $362M | $198M | $157M | $597M | $611M | $0 | $16M | -$594M | -$540M | -$566M | |
| Operating expenses | $567M | $703M | $469M | $297M | $260M | $712M | $718M | $119M | $153M | -$594M | -$540M | -$566M | |
| Operating income | $835M | $720M | $1.02B | $1.25B | $1.42B | $878M | $913M | $893M | $852M | $827M | $960M | $937M | |
| Interest income | $0 | $0 | $0 | $0 | -$26.6M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | |
| Interest expense | $174M | $193M | $208M | $230M | $205M | $232M | $252M | $258M | $260M | $254M | $276M | $287M | |
| Other non-operating income (gains on investments, FX ...) | -$51.3M | -$136M | -$139M | -$46.8M | -$213M | -$36.5M | $15.1M | -$241M | -$774M | -$520M | -$549M | -$328M | |
| Total non-operating income | -$100M | -$56.7M | -$68.8M | -$183M | $7.79M | -$196M | -$267M | -$16.8M | $713M | $266M | $272M | $41.1M | |
| Income before tax | $734M | $664M | $955M | $1.07B | $1.43B | $683M | $646M | $876M | $1.56B | $1.09B | $1.23B | $978M | |
| Income tax | $58.5M | $32.8M | $43.1M | $4.21M | $86.9M | $43.4M | $23.4M | $54.5M | $82.7M | $48M | $108M | $98M | |
| Net income | $631M | $586M | $861M | $1.01B | $1.28B | $593M | $571M | $764M | $1.4B | $982M | $1.06B | $817M | |
| EPS (basic) | $0.68 | $0.63 | $0.93 | $1.08 | $1.38 | $0.65 | $0.61 | $0.82 | $1.49 | $1.05 | $1.14 | $0.86 | |
| EPS (diluted) | $0.68 | $0.63 | $0.90 | $1.08 | $1.37 | $0.63 | $0.60 | $0.82 | $1.49 | $1.05 | $1.13 | $0.86 | |
| Shares (basic, weighted) | 925M | 925M | 926M | 926M | 926M | 927M | 928M | 929M | 938M | 931M | 933M | 944M | |
| Shares (diluted, weighted) | 952M | 954M | 953M | 954M | 954M | 956M | 956M | 957M | 958M | 958M | 958M | 969M | |
| Depreciation & amortization | $638M | $638M | $637M | $649M | $656M | $652M | $657M | $648M | $669M | $732M | $690M | $710M | |
| EBITDA | $1.52B | $1.49B | $1.8B | $1.95B | $2.29B | $1.57B | $1.55B | $1.78B | $2.3B | $2.08B | $2.2B | $1.98B |
| Income statement | Trend | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $2.53B | $2.62B | $2.8B | $3.33B | $4.44B | $4.76B | $5.97B | $8.02B | $8.2B | $8.79B | |
| Cost of revenue | $697M | $725M | $758M | $919M | $1.17B | $1.25B | $1.51B | $2.01B | $2.06B | $3.55B | |
| Gross profit | $1.84B | $1.89B | $2.05B | $2.41B | $3.27B | $3.51B | $4.46B | $6.01B | $6.14B | $5.24B | |
| General & administrative | $222M | $231M | $239M | $267M | $275M | $293M | $331M | $390M | $419M | $478M | |
| Other operating expenses | $945M | -$292M | $120M | $295M | $875M | $10.8M | $666M | $1.91B | $1.31B | $1.22B | |
| Operating expenses | $1.17B | -$60.6M | $359M | $562M | $1.15B | $304M | $997M | $2.31B | $1.73B | $1.7B | |
| Operating income | $668M | $1.95B | $1.69B | $1.85B | $2.12B | $3.21B | $3.47B | $3.71B | $4.42B | $3.54B | |
| Interest income | $8.1M | $13.7M | $14.7M | $24.2M | $0 | $0 | $0 | -$22.6M | -$26.6M | $0 | |
| Interest expense | $288M | $260M | $216M | $227M | $313M | $266M | $309M | $619M | $837M | $1B | |
| Other non-operating income (gains on investments, FX ...) | -$966M | -$122M | -$414M | -$153M | $71.9M | -$366M | -$515M | -$375M | -$536M | -$1.04B | |
| Total non-operating income | $679M | -$138M | $198M | -$73.4M | -$372M | $116M | $223M | -$244M | -$301M | $233M | |
| Income before tax | $1.35B | $1.82B | $1.89B | $1.78B | $1.75B | $3.32B | $3.69B | $3.46B | $4.11B | $3.77B | |
| Income tax | $54.6M | $54.6M | $63.3M | $74.5M | $130M | $174M | $135M | $211M | $167M | $204M | |
| Net income | $1.21B | $1.65B | $1.65B | $1.57B | $1.48B | $2.94B | $3.36B | $3.06B | $3.73B | $3.41B | |
| EPS (basic) | $2.29 | $3.10 | $2.91 | $2.41 | $1.97 | $3.86 | $4.15 | $3.30 | $4.03 | $3.57 | |
| EPS (diluted) | $2.27 | $3.06 | $2.79 | $2.40 | $1.95 | $3.84 | $4.13 | $3.29 | $4.01 | $3.54 | |
| Shares (basic, weighted) | 526M | 530M | 567M | 649M | 749M | 760M | 809M | 948M | 926M | 938M | |
| Shares (diluted, weighted) | 547M | 552M | 590M | 673M | 775M | 786M | 835M | 952M | 954M | 958M | |
| Depreciation & amortization | $931M | $879M | $947M | $1.14B | $1.56B | $1.58B | $1.81B | $2.48B | $2.58B | $2.63B | |
| EBITDA | $2.57B | $2.95B | $3.05B | $3.14B | $3.61B | $5.15B | $5.8B | $6.57B | $7.53B | $7.2B |
Standardised by Financial Modeling Prep from the company's filings; outflows and costs keep the sign the provider reports. Hover a period for its end date. Amounts in USD.
Revenue, operating income and growth
quarterlyMargins
quarterlyCosts as % of revenue
quarterlyThe other statements
Sources
Statements, segment revenue, metrics, estimates: Financial Modeling Prep. Segment profits and every reported line: SEC EDGAR (XBRL). Filings read: 10-Q 2026-09-30, 10-Q 2026-06-30, 10-Q 2026-03-31, 10-K 2025-12-31, 10-Q 2025-09-30, 10-Q 2025-06-30, 10-Q 2025-03-31, 10-K 2024-12-31, 10-Q 2024-09-30
Data as of 2026-11-01