Prologis (PLD) Operating Income (2009 - 2025)
Prologis (PLD) reported Operating Income of $1.6 billion for Q4 2025, up 14.44% on a YoY basis from $1.4 billion in Q4 2024, and up 72.98% quarter-over-quarter from $940.3 million in Q3 2025.
Prologis (PLD) Operating Income (2009 - 2025) Analysis & Trends
Prologis has reported Operating Income for 17 years, with the latest figure at $1.6 billion in Q4 2025.
- For the quarter ending Q4 2025, Operating Income rose 14.44% year-over-year to $1.6 billion; the trailing twelve-month figure through Dec 2025 stood at $4.4 billion (down 1.31% YoY), and the FY2025 full-year result was $4.4 billion, down 1.31% from the prior year.
- Operating Income for Q4 2025 stood at $1.6 billion, up from $940.3 million in the prior quarter.
- The five-year high for Operating Income was $1.6 billion in Q4 2025, with the low at $532.2 million in Q1 2021.
- Historically, Operating Income has averaged $957.8 million across 5 years, with a median of $897.4 million in 2023.
- The largest YoY upside for Operating Income was 164.72% in 2023 against a maximum downside of 51.98% in 2023.
- Prologis' Operating Income stood at $1.2 billion in 2021, then slumped by 32.68% to $813.4 million in 2022, then rose by 2.63% to $834.9 million in 2023, then jumped by 70.24% to $1.4 billion in 2024, then climbed by 14.44% to $1.6 billion in 2025.
- The last three Operating Income figures came in at $1.6 billion (Q4 2025), $940.3 million (Q3 2025), and $912.7 million (Q2 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Op. Inc (Qtr) |
|---|---|---|---|---|---|
| 1 | Prologis | 137.79 Bn | 141.12 Bn | 2.24 Bn | 1.63 Bn |
| 2 | Public Storage | 57.19 Bn | 57.15 Bn | 1.18 Bn | 474.28 Mn |
| 3 | Extra Space Storage | 31.69 Bn | 32.52 Bn | -204.61 Mn | 367.55 Mn |
| 4 | Eastgroup Properties | 10.93 Bn | 10.93 Bn | 190.03 Mn | 76.17 Mn |
| 5 | Lineage | 10.07 Bn | 10.97 Bn | 417.00 Mn | 36.00 Mn |
| 6 | CubeSmart | 9.54 Bn | 9.57 Bn | 191.86 Mn | 23.17 Mn |
| 7 | Rexford Industrial Realty | 7.99 Bn | 8.37 Bn | - | - |
| 8 | STAG Industrial | 7.40 Bn | 7.47 Bn | - | - |
| 9 | Terreno Realty | 7.04 Bn | 7.04 Bn | - | - |
| 10 | Americold Realty Trust | 4.14 Bn | 4.14 Bn | 195.51 Mn | 14.29 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |
| Sep 30, 2021 | 765.66 Mn |
| Jun 30, 2021 | 700.87 Mn |
| Mar 31, 2021 | 532.20 Mn |