United States was Prologis’s largest revenue line in fiscal 2025, bringing in $1.65B of $3.47B (47%).
| U.S. | FY 2009 | FY 2010 | FY 2011 | FY 2012 | FY 2013 | FY 2014 | FY 2015 | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| United States | $4.73B | $6.56B | $1.45B | $1.65B | |||||||||||||
| U.S | — | — | — | — | |||||||||||||
| Americas | — | — | — | — | |||||||||||||
| Europe | $92.75M | $110.31M | $662.89M | $1.02B | |||||||||||||
| Segment, Geographical, Groups Of Countries, Group One | — | — | — | — | |||||||||||||
| Other Americas | — | — | — | — | |||||||||||||
| Asia | $155.43M | $154.36M | $785.97M | $800.09M | |||||||||||||
| Total | $4.97B | $6.82B | $2.90B | $3.47B |
Prologis brought in $3.47B from its three revenue lines in fiscal 2025, the year ended December 31, 2025. That was up 19.6% from $2.90B in fiscal 2024. United States was the largest at $1.65B (47.4%), ahead of Europe at $1.02B (29.5%) and Asia at $800.09M (23.1%).
Compared with fiscal 2024, Europe grew fastest, up 54.4% to $1.02B. Every revenue line above 2% of revenue grew. From fiscal 2022 to 2025, combined revenue from these revenue lines fell from $4.97B to $3.47B, a compound annual decline of 11.3%. United States' share of the total fell from 95.0% to 47.4%.
Strategic Capital was Prologis’s largest segment in fiscal 2025, bringing in $811.17M of $1.00B (81%).
| Statement Business Segments | FY 2009 | FY 2010 | FY 2011 | FY 2012 | FY 2013 | FY 2014 | FY 2015 | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Real Estate Operations | $4.78B | $6.56B | $7.28B | $192.65M | |||||||||||||
| Reporting Segment One | — | — | — | — | |||||||||||||
| Strategic Capital | $741.71M | $928.80M | $385.07M | $811.17M | |||||||||||||
| Investment Management | — | — | — | — | |||||||||||||
| Private Capital | — | — | — | — | |||||||||||||
| Reporting Segment Two | — | — | — | — | |||||||||||||
| Total | $5.53B | $7.49B | $7.66B | $1.00B |
Prologis brought in $1.00B from its two segments in fiscal 2025, the year ended December 31, 2025. That is less than the $3.47B it reports by u.s., so these segments do not cover all of its revenue. Strategic Capital was the largest at $811.17M (80.8%), ahead of Real Estate Operations at $192.65M (19.2%).
Compared with fiscal 2024, Strategic Capital grew 110.7% to $811.17M, while Real Estate Operations fell 97.4% to $192.65M.
Prologis (PLD) reports its revenue by u.s. and by statement business segments. In fiscal 2025, United States was its largest revenue line, bringing in $1.65B (47.4% of the total), followed by Europe at $1.02B (29.5%).
United States was Prologis' largest revenue line in fiscal 2025, bringing in $1.65B, or 47.4% of the $3.47B total across its three revenue lines.
Strategic Capital was Prologis' largest segment in fiscal 2025, bringing in $811.17M, or 80.8% of the $1.00B total across its two segments.
Among Prologis' revenue lines that make up at least 2% of revenue, Europe grew fastest in fiscal 2025, up 54.4% from $662.89M to $1.02B.
Every figure comes from Prologis' annual financial filings, as reported. Each line keeps the name Prologis gives it, and years follow its fiscal calendar.
Prologis' revenue by u.s. goes back to fiscal 2009, with figures through fiscal 2025. The latest four fiscal years are free to view, and the full history is available with a Business Quant subscription.