Prologis, Inc. (PLD) — Financial statements
Income statement, balance sheet, and cash flow for Prologis, Inc. — annual and quarterly history with growth and margin analysis.
| Metric (USD Millions) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
| Revenue & Gross Profit | ||||||
| Revenue | 8,790↑7.2% | 8,202↑2.2% | 8,023↑34.3% | 5,974↑25.5% | 4,759 | |
| Cost of Revenue | 3,551↑72.6% | 2,057↑2.3% | 2,010↑33.2% | 1,509↑20.9% | 1,248 | |
| Gross Profit | 5,239↓14.7% | 6,144↑2.2% | 6,013↑34.7% | 4,465↑27.2% | 3,511 | |
| Operating Expenses | ||||||
| R&D Expenses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| General & Administrative Expenses | 478↑14.1% | 419↑7.3% | 390↑17.9% | 331↑12.9% | 293 | |
| Selling & Marketing Expenses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| SG&A Expenses | 478↑14.1% | 419↑7.3% | 390↑17.9% | 331↑12.9% | 293 | |
| Other Expenses | 1,225↓6.5% | 1,310↓31.6% | 1,915↑187.5% | 666↑6072.2% | 11 | |
| Operating Expenses | 1,703↓1.5% | 1,728↓25.0% | 2,305↑131.2% | 997↑228.0% | 304 | |
| Total Costs & Expenses | 5,254↑38.8% | 3,786↓12.3% | 4,316↑72.2% | 2,506↑61.4% | 1,552 | |
| Operating Results | ||||||
| Operating Income | 3,536↓19.9% | 4,416↑19.1% | 3,708↑6.9% | 3,468↑8.1% | 3,207 | |
| Depreciation & Amortization | 2,626↑1.8% | 2,581↑3.8% | 2,485↑37.1% | 1,813↑14.9% | 1,578 | |
| EBITDA | 7,199↓4.4% | 7,533↑14.7% | 6,568↑13.3% | 5,795↑12.5% | 5,151 | |
| EBIT | 4,573↓7.7% | 4,952↑21.3% | 4,083↑2.5% | 3,983↑11.5% | 3,573 | |
| Interest & Other Income | ||||||
| Net Interest Income | -1,003↓16.0% | -864↓34.7% | -641↓107.5% | -309↓16.1% | -266 | |
| Interest Income | 0.00↑100.0% | -27↓17.8% | -23 | 0.00 | 0.00 | |
| Interest Expense | 1,003↑19.7% | 837↑35.3% | 619↑100.2% | 309↑16.1% | 266 | |
| Non-Operating Income | -1,037↓93.4% | -536↓43.0% | -375↑27.2% | -515↓40.8% | -366 | |
| Other Income / Expenses | 233↑177.5% | -301↓23.6% | -244↓209.1% | 223↑92.7% | 116 | |
| Income Before Tax | 3,769↓8.4% | 4,115↑18.8% | 3,464↓6.1% | 3,691↑11.1% | 3,323 | |
| Income Tax Expense | 204↑22.2% | 167↓20.9% | 211↑55.8% | 135↓22.3% | 174 | |
| Net Income & EPS | ||||||
| Net Income from Continuing Operations | 3,565↓9.7% | 3,948↑21.4% | 3,253↓8.5% | 3,555↑12.9% | 3,149 | |
| Net Income from Discontinued Operations | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Net Income | 3,411↓8.6% | 3,732↑22.0% | 3,059↓9.1% | 3,365↑14.5% | 2,940 | |
| Bottom-Line Net Income | 3,340↓10.5% | 3,732↑19.2% | 3,131↓9.3% | 3,451↑14.4% | 3,016 | |
| EPS (Basic) | 3.57↓11.4% | 4.03↑22.1% | 3.30↓20.5% | 4.15↑7.5% | 3.86 | |
| EPS (Diluted) | 3.54↓11.7% | 4.01↑21.9% | 3.29↓20.3% | 4.13↑7.6% | 3.84 | |
| Weighted Average Shares | 938↑1.3% | 926↓2.3% | 948↑17.2% | 809↑6.4% | 760 | |
| Weighted Average Diluted Shares | 958↑0.5% | 954↑0.2% | 952↑14.0% | 835↑6.3% | 786 | |
* All figures in Millions of USD, except per share data. Growth rates calculated Year-over-Year (YoY). Data source: SEC Filings.