PROLOGIS, INC. (PLD) Financial Statements
Historical financial data — 42 statements covering FY2018–FY2025
Prologis was formed by the 2011 merger of AMB Property and Prologis Trust. The company develops, acquires, and operates around 1.3 billion square feet of high-quality industrial and logistics facil...
PROLOGIS, INC.'s revenue increased 7.2% year over year, from $8.20B to $8.79B.
Net income decreased 10.8% over the same period, from $3.73B to $3.33B.
Over the 7-year period from FY2018 to FY2025, revenue grew by 213% in total.
Total debt increased by 13.5% to $35.04B.
The debt-to-equity ratio stands at 0.66, indicating a moderate leverage profile.
Operating cash flow grew 2.0% to $5.01B.
PROLOGIS, INC. maintains a strong net profit margin of 37.9%.
Recent Financial Statements
Quarterly figures are standalone quarters, de-cumulated from YTD filings (Q4 = FY − Q3 YTD when not reported).
| Period | Revenue | Net Income | EBIT | Op. Cash Flow | Total Assets | Total Debt | Equity |
|---|---|---|---|---|---|---|---|
| Q3 FY2024 | $2.04B+5.2% | $1.01B | $1.25B | $1.43B | $95.91B | $32.29B | $53.07B |
| Q4 FY2024 | $2.20B+8.1% | $1.28B | $1.42B | $1.34B | $95.33B | $30.88B | $53.95B |
| Q1 FY2025 | $2.14B-2.8% | $593.0M | $878.4M | $1.16B | $95.99B | $32.26B | $53.47B |
| Q2 FY2025 | $2.18B+2.1% | $571.2M | $912.7M | $1.24B | $97.72B | $34.67B | $52.73B |
| Q3 FY2025 | $2.21B+1.4% | $764.3M | $940.3M | $1.45B | $98.34B | $35.30B | $52.64B |
| Q4 FY2025 | $2.25B+1.8% | $1.40B | $1.63B | $1.16B | $98.72B | $35.04B | $53.19B |
| Q1 FY2026 | $2.30B+2.0% | $982.0M | $1.21B | $1.29B | $98.13B | $35.31B | $57.95B |
| Q2 FY2026 | $2.43B+5.6% | $1.06B | $1.25B | $1.35B | $101.01B | $37.09B | $58.12B |
Balance Sheet Summary (Q2 FY2026)
PROLOGIS, INC. (PLD) Financial Statements & Revenue History
PROLOGIS, INC. (PLD) is a US-listed stock operating in the Real Estate sector, specifically the Real Estate Investment Trusts industry trading at $125.72 with a market capitalization of $119. This page provides 42 historical financial statements for PROLOGIS, INC., including income statement, balance sheet, and cash flow data across multiple reporting periods. Most recently, PROLOGIS, INC. reported revenue of $8.8 billion, representing 7.2% year-over-year growth. The net profit margin of 37.9% reflects strong profitability. The debt-to-equity ratio of 0.66 reflects moderate leverage.
PLD Income Statement, Balance Sheet & Cash Flow
The financial statements table above shows PROLOGIS, INC.'s revenue, net income, gross profit, EBIT, operating cash flow, total assets, total debt, and shareholders' equity across the most recent reporting periods. Year-over-year growth rates help identify whether PLD is accelerating or decelerating in terms of top-line revenue and bottom-line profitability.
- Revenue trend: Track PLD's top-line growth across quarters and fiscal years to identify acceleration or deceleration in the business.
- Profitability: Net income and gross profit margins reveal how efficiently PROLOGIS, INC. converts revenue into earnings.
- Balance sheet health: Total assets, liabilities, debt, and equity provide a snapshot of PLD's financial position and leverage.
- Cash flow: Operating cash flow shows how much cash the business generates from its core operations, which is critical for funding dividends, buybacks, and growth.
How to Use PLD Financial Data
Investors use PROLOGIS, INC.'s financial statements to assess the company's financial health, growth trajectory, and valuation. Key metrics to focus on include:
- Revenue growth rate: Consistent double-digit revenue growth suggests a strong business; declining revenue may signal competitive pressure.
- Net profit margin: Higher margins indicate a more efficient business with pricing power. Compare PLD's margins to sector peers for context.
- Debt levels: High debt-to-equity ratios increase financial risk, especially in rising-rate environments. Low debt provides flexibility.
- Valuation multiples: See how PLD's P/E, P/S, and EV/EBITDA ratios compare to historical levels.
- Full analysis: View PLD's financial health score, earnings, and pre-market pricing.
Financial data is sourced from PROLOGIS, INC.'s SEC filings (10-K, 10-Q) via Polygon.io and Finnhub.PLD trades on NYSE/NASDAQ. This page is for informational purposes only and is not financial advice.

