Prologis (PLD) Operating Expenses (2009 - 2026)

Prologis (PLD) has reported Operating Expenses for 18 consecutive years, with $1.5 billion the latest figure, recorded in Q2 2026.

• For the quarter ending Q2 2026, Operating Expenses rose 10.32% year-over-year to $1.5 billion; the trailing twelve-month figure through Jun 2026 stood at $5.5 billion (up 6.23% YoY), and the FY2025 full-year result was $5.4 billion, up 5.33% from the prior year.
• Operating Expenses improved to $1.5 billion in Q2 2026 per PLD's latest filing, from $1.4 billion in the prior quarter.
• Across five years, Operating Expenses topped out at $1.5 billion in Q2 2026 and bottomed at $808.4 million in Q1 2022.
• Historically, Operating Expenses has averaged $1.2 billion across 5 years, with a median of $1.3 billion in 2024.
• The sharpest annual moves came in 2023 and 2024: Operating Expenses jumped 51.45% in 2023, then increased 0.06% in 2024.
• Over 5 years, Operating Expenses stood at $1.1 billion in 2022, then advanced by 8.42% to $1.2 billion in 2023, then gained by 3.3% to $1.3 billion in 2024, then climbed by 8.85% to $1.4 billion in 2025, then grew by 4.67% to $1.5 billion in 2026.
• According to Business Quant data, Operating Expenses over the past three periods registered $1.5 billion, $1.4 billion, and $1.3 billion for Q2 2026, Q4 2025, and Q3 2025 respectively.