Prologis (PLD) Q3 FY2026 earnings

Prologis, Inc. (PLD) announced its results for Q3 FY2026, the quarter ended 30 September 2026, on 15 October 2026. The figures are from the company's earnings press release; the 10-Q with the full statements is not filed yet, and this page fills in when it is.

RevenueNot yetwith the 10-Q

Net incomeNot yetwith the 10-Q

Diluted EPSNot yet

QuarterQ3 FY2026ended 30 September 2026

What management said

Guidance figures: 8 raised, 5 lowered, 1 kept.

Read the earnings call summary

The quarter, against the one before and a year earlier

Line	Q3 FY2026	Q2 FY2026	Q3 FY2025	Change on the year
Revenue	n/a	2,425	2,214	n/a
Net income	n/a	1,062	764	n/a
Diluted EPS	n/a	$1.13	$0.82	n/a

$ million except per share.

Q3 FY2026 is from the company's press release of 15 October 2026; the other columns are from its 10-Q and 10-K filings. A release figure is shown when the release's own figure for an earlier quarter matches the filed one, so the line and its units are read right; revenue, net income, diluted EPS will come with the 10-Q.

Quarterly results, the last 20 quarters filed

	Q3 FY2021	Q4 FY2021	Q1 FY2022	Q2 FY2022	Q3 FY2022	Q4 FY2022	Q1 FY2023	Q2 FY2023	Q3 FY2023	Q4 FY2023	Q1 FY2024	Q2 FY2024	Q3 FY2024	Q4 FY2024	Q1 FY2025	Q2 FY2025	Q3 FY2025	Q4 FY2025	Q1 FY2026	Q2 FY2026
Revenue	1,183	1,277	1,219	1,252	1,751	1,752	1,769	2,451	1,915	1,889	1,957	2,008	2,036	2,201	2,140	2,184	2,214	2,253	2,298	2,425
Operating income	766	1,208	1,206	533	915	813	579	1,412	882	835	720	1,023	1,251	1,421	878	913	940	1,626	1,211	1,251
Operating margin	65%	95%	99%	43%	52%	46%	33%	58%	46%	44%	37%	51%	61%	65%	41%	42%	42%	72%	53%	52%
Interest expense	63.6	62.9	64.1	60.3	63.9	121	136	150	181	174	193	208	230	232	232	252	258	260	254	276
Pre-tax income	857	1,341	1,249	696	1,108	638	531	1,359	840	734	664	955	1,068	1,429	683	646	876	1,565	1,093	1,232
Tax rate	7%	3%	2%	7%	3%	3%	6%	6%	5%	8%	5%	5%	0%	6%	6%	4%	6%	5%	4%	9%
Net income	724	1,247	1,151	611	1,015	586	465	1,216	748	629	586	861	1,006	1,277	593	571	764	1,398	982	1,062
Net margin	61%	98%	94%	49%	58%	33%	26%	50%	39%	33%	30%	43%	49%	58%	28%	26%	35%	62%	43%	44%
Diluted EPS	$0.97	$1.67	$1.54	$0.82	$1.36	$0.63	$0.50	$1.31	$0.80	$0.68	$0.63	$0.92	$1.08	$1.37	$0.63	$0.61	$0.82	$1.49	$1.05	$1.13
Operating cash flow	814	716	842	804	1,203	1,278	1,114	1,215	1,969	1,074	1,055	1,086	1,435	1,335	1,161	1,242	1,448	1,158	1,288	1,347
Capital expenditure	773	870	640	822	770	887	937	775	796	891	720	835	822	829	776	555	627	823	764	800
Free cash flow	41.0	-153	202	-18.4	434	391	177	440	1,173	183	336	251	613	506	385	687	820	336	524	547
Dividends paid	468	469	587	588	588	732	807	807	806	809	892	893	893	893	940	942	941	942	1,001	1,002
Shares outstanding	739m	740m	740m	740m	740m	923m	923m	924m	924m	924m	926m	926m	926m	926m	928m	928m	929m	929m	932m	933m
Filing	10-Q	10-K	10-Q	10-Q	10-Q	10-K	10-Q	10-Q	10-Q	10-K	10-Q	10-Q	10-Q	10-K	10-Q	10-Q	10-Q	10-K	10-Q	10-Q

Each quarter as filed, linked to its filing.

Money is in $ million as the company files it, or in $ billion by the switch above the tables; per share figures and the share count are as they are. Free cash flow is operating cash flow less capital expenditure; the effective tax rate is income tax over pre-tax income; margins are the line over revenue. Gross profit is revenue less cost of revenue, and operating income is revenue less the company's own total costs, where the statement does not print those lines. Cash flow lines filed year to date are the difference between two filings. Shares outstanding are at the period end where the balance sheet tags them, otherwise the count on the filing's cover page. A derived fourth-quarter EPS is left blank when a split in the year makes the arithmetic meaningless.

Earnings press release for the quarter ended 30 September 2026, filed with the SEC on 15 October 2026 with a Form 8-K: the release.