Prologis, Inc. (PLDGP) Gross Margin (2010 - 2025)

Prologis' Gross Margin history runs 16 years deep, the most recent figure standing at 99.29% for Q4 2025.

• Quarterly Gross Margin fell 36.0% year-over-year to 99.29% in Q4 2025, while the trailing twelve-month figure through Dec 2025 was 99.48% (up 5.0% YoY) and the FY2025 annual result came in at 99.48%, up 5.0% from the prior year.
• Gross Margin was 99.29% for Q4 2025 at Prologis, roughly flat from 99.61% in the prior quarter.
• Across five years, Gross Margin topped out at 99.7% in Q1 2021 and bottomed at 98.85% in Q4 2023.
• A 5-year average of 99.41% and a median of 99.43% in 2021 frame the typical range for Gross Margin.
• Annual changes were most pronounced in 2021 — Gross Margin surged 153 bps — and 2022, when it slumped 49 bps.
• Prologis' Gross Margin stood at 99.42% in 2021, then declined by 0 bps to 99.31% in 2022, then decreased by 0 bps to 98.85% in 2023, then advanced by 1 bps to 99.65% in 2024, then dropped by 0 bps to 99.29% in 2025.
• Business Quant data shows PLDGP's Gross Margin at 99.29% in Q4 2025, 99.61% in Q3 2025, and 99.46% in Q2 2025.