NYSE$PLD

Prologis Inc · Q3 2025 earnings

Q3 2025 earnings · · Before market open · Investor relations

Briefing

Prologis reported Q3 2025, revenue of $2.21B, net income of $762.9M, diluted EPS of $0.82.

For Q3 2025, Prologis reported revenue of $2.21B, net income of $762.9M, diluted EPS was $0.82. The filing discusses segment trends, liquidity, and management outlook for upcoming periods.

  • Revenue $2.21B.
  • Net income $762.9M.
  • Diluted EPS $0.82.

Headline financials

Total Revenue

$2.21B

Previous: $2.04B+8.7%
EPS (adj)

$0.82

Previous: $1.08-24.1%
Core FFO

$1.43B

No prior period
AFFO

$1.06B

No prior period
Adjusted EBITDA

$1.87B

No prior period
Average Occupancy

94.8%

No prior period
Capital Expenditures

-$3.21B

Previous: -$4.2B+23.6%
Free Cash Flow

-$2.44B

Previous: -$3.19B+23.5%
Net Income

$764M

Previous: $1.01B-24.0%
Operating Income

$940M

Previous: $1.25B-24.8%
Gross Profit

$1.73B

Previous: $1.61B+7.5%
Cash & Equivalents

$1.19B

Previous: $781M+51.9%
Total Assets

$98.3B

Previous: $95.9B+2.5%

Revenue & EPS history

Prologis · Revenue · Quarterly

$2.21B

Q3 2025+8.7%vs Q3 2024
Beat estimate in 15 of 15 quarters(100%)
ActualEstimate

Revenue by segment

Prologis · $137M total across 1 segment · Q3 2023

  • Strategic Capital
    $137M-77.0%

Forward guidance

The release discusses Prologis's outlook, capital allocation, and key risks for upcoming quarters, including guidance ranges or operating priorities where disclosed.

Tailwinds

  • Prologis cites demand and execution supporting the near-term outlook.
  • Liquidity and balance-sheet capacity support operations and shareholder returns.

Headwinds

  • Macro, input costs, and FX may pressure margins quarter to quarter.
  • Segment mix and one-time items can affect comparability versus prior periods.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 20 quarterly earnings reports · overlaid with Q3 2025

Historical avgQ3 2025

+0.1%

Avg return

Earnings day

+0.8%

Avg return

5 days after

+1.7%

Avg return

30 days after

56%

37 / 66 earnings

Positive

+6.3%

Q3 2025

Best reaction

-8.8%

Q1 2024

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026+0.7%+1.5%+0.6%
Q4 2025-1.9%-3.3%+8.2%
Q3 2025+6.3%+10.2%+6.4%
Q2 2025-0.3%+4.3%+8.6%
Q1 2025+1.8%+0.2%+12.3%
Q4 2024+5.2%+8.6%+10.4%
Q3 2024+1.1%-3.0%-6.6%
Q2 2024+0.9%+4.3%+1.1%
Q1 2024-8.8%-9.3%-2.8%
Q4 2023-2.9%-0.9%+2.6%
Q3 2023-5.9%-7.7%-0.6%
Q2 2023-4.1%-2.0%-6.1%
Q1 2023+1.6%+0.4%-0.9%
Q4 2022-0.1%+3.8%+3.2%
Q3 2022-3.2%-2.3%+8.2%
Q2 2022+3.4%+4.9%+13.5%
Q1 2022+5.9%+3.5%-26.6%
Q4 2021+0.5%-0.1%-7.1%
Q3 2021+3.0%+5.7%+9.6%
Q2 2021+0.6%+0.5%+4.1%
Q1 2021+1.9%+2.1%+2.5%
Q4 2020+0.6%+0.5%-1.3%
Q3 2020-0.4%+0.2%-2.9%
Q2 2020+3.9%+5.5%+8.4%
Q1 2020-0.7%+0.6%-2.4%
Q4 2019+0.1%-0.6%+3.8%
Q3 2019+3.2%+3.9%+3.3%
Q2 2019+2.1%+1.0%+1.6%
Q1 2019-2.0%-0.2%+4.3%
Q4 2018+0.6%+2.0%+9.8%
Q3 2018-0.3%+0.8%+5.8%
Q2 2018-3.2%-4.0%+0.9%
Q1 2018+4.9%+3.8%+1.1%
Q4 2017+2.2%+2.0%-5.0%
Q3 2017+0.5%-0.9%+3.2%
Q2 2017+2.7%+0.8%+4.8%
Q1 2017-1.7%-1.6%-0.9%
Q4 2016-2.0%-6.8%-4.3%
Q3 2016+0.2%+0.6%-6.4%
Q2 2016-0.0%+1.8%+3.5%
Q1 2016-0.2%
Q4 2015+3.3%
Q3 2015+1.2%
Q2 2015+1.2%
Q1 2015-1.6%
Q4 2014+1.2%
Q3 2014+1.8%
Q2 2014+1.1%
Q1 2014-1.1%
Q4 2011-0.0%
Q4 2013+4.7%
Q3 2013-0.6%
Q2 2013-1.9%
Q1 2013-1.2%
Q4 2012-2.1%
Q3 2012-1.7%
Q2 2012+2.7%
Q1 2012+0.4%
Q4 2009+0.6%
Q1 2010+0.6%
Q3 2011-6.0%
Q2 2011-5.4%
Q4 2010-5.4%
Q1 2011+1.1%
Q3 2010+0.8%
Q2 2010-0.4%

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