Prologis (PLD) Operating Income (2010 - 2026)
Prologis' Operating Income came in at $1.04 billion for Q3 2026, up 11.1% from $940.26 million a year earlier but down 16.5% from the prior quarter.
Prologis (PLD) Operating Income (2010 - 2026) Analysis & Trends
Over the trailing twelve months to Sep 30, 2026, Prologis reported Operating Income of $5.13 billion, up 23.6% year-over-year; for FY2025, it was $4.36 billion, down 1.3% from FY2024.
- Operating Income carries a five-year compound annual growth rate of 15.5% (FY2020 to FY2025).
- Going back by year, Operating Income was $4.42 billion in FY2024 (+19.1%), $3.71 billion in FY2023 (+6.9%), $3.47 billion in FY2022 (+8.1%) and $3.21 billion in FY2021 (+51.3%).
- The five-year range for quarterly Operating Income is $533.32 million (Q2 2022) to $1.63 billion (Q4 2025).
- Year-over-year, Operating Income has increased for four consecutive quarters, with growth averaging 19.6% over the last eight quarters.
- The fastest year-over-year change in Operating Income over five years came in Q2 2023 (growth of 164.7%), and the weakest in Q1 2023 (a decline of 52.0%).
- Business Quant data shows PLD's Operating Income at $1.25 billion (Q2 2026), $1.21 billion (Q1 2026) and $1.63 billion (Q4 2025) in the three quarters before Q3 2026.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Op. Inc (Qtr) |
|---|---|---|---|---|---|
| 1 | Welltower | 175.33 Bn | 162.40 Bn | 1.47 Bn | 337.95 Mn |
| 2 | Prologis | 123.26 Bn | 121.65 Bn | - | 1.04 Bn |
| 3 | Simon Property | 76.07 Bn | 73.28 Bn | - | 824.10 Mn |
| 4 | Public Storage | 62.23 Bn | 61.68 Bn | - | 316.96 Mn |
| 5 | Realty Income | 54.52 Bn | 55.13 Bn | - | - |
| 6 | Ventas | 45.86 Bn | 45.03 Bn | - | - |
| 7 | Extra Space Storage | 32.95 Bn | 32.73 Bn | 650.96 Mn | 391.87 Mn |
| 8 | Vici Properties | 27.52 Bn | 25.87 Bn | 1.06 Bn | 556.22 Mn |
| 9 | Vivmark Residential | 23.32 Bn | 23.29 Bn | - | - |
| 10 | Host Hotels & Resorts | 17.52 Bn | 12.78 Bn | 609.00 Mn | 293.00 Mn |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 1.04 Bn |
| Jun 30, 2026 | 1.25 Bn |
| Mar 31, 2026 | 1.21 Bn |
| Dec 31, 2025 | 1.63 Bn |
| Sep 30, 2025 | 940.26 Mn |
| Jun 30, 2025 | 912.71 Mn |
| Mar 31, 2025 | 878.41 Mn |
| Dec 31, 2024 | 1.42 Bn |
| Sep 30, 2024 | 1.25 Bn |
| Jun 30, 2024 | 1.02 Bn |
| Mar 31, 2024 | 720.36 Mn |
| Dec 31, 2023 | 834.85 Mn |
| Sep 30, 2023 | 882.11 Mn |
| Jun 30, 2023 | 1.41 Bn |
| Mar 31, 2023 | 579.04 Mn |
| Dec 31, 2022 | 813.45 Mn |
| Sep 30, 2022 | 914.97 Mn |
| Jun 30, 2022 | 533.32 Mn |
| Mar 31, 2022 | 1.21 Bn |
| Dec 31, 2021 | 1.21 Bn |
Prologis Operating Income API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=operating-income&ticker=PLD&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-income", "ticker": "PLD", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=operating-income&ticker=PLD&period=max&api_key=YOUR_API_KEY");
const data = await res.json();