Prologis, Inc.
Cash Flow Statement
| Line Item | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 | Jun 2024 |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Net Income | $982.0M | $1.48B | $764.3M | $571.2M | $593.0M | $1.34B | $1.01B | $861.3M |
| Depreciation & Amortization | $731.5M | $668.8M | $648.0M | $657.2M | $652.1M | $656.4M | $649.3M | $637.3M |
| Depreciation | — | — | — | — | — | — | — | — |
| Amortization | — | — | — | — | — | — | — | — |
| Stock-Based Compensation | $60.6M | $43.8M | $44.5M | $44.0M | $53.2M | $67.4M | $42.5M | $54.5M |
| Net Cash from Operating Activities | $1.29B | $1.16B | $1.45B | $1.24B | $1.16B | $1.34B | $1.43B | $1.09B |
| Investing Activities | ||||||||
| Capital Expenditures | — | — | — | — | — | — | — | — |
| Business Acquisitions | — | — | — | — | — | — | — | — |
| Net Cash from Investing Activities | $-400.6M | $25.1M | $-1.07B | $-1.03B | $-1.55B | $320.0M | $-1.71B | $-623.8M |
| Financing Activities | ||||||||
| Dividends Paid | $1.00B | $942.0M | $941.3M | $941.6M | $939.9M | $893.0M | $892.9M | $892.8M |
| Stock Repurchases | — | — | — | — | — | — | — | — |
| Net Cash from Financing Activities | $-1.16B | $-1.22B | $-251.7M | $181.9M | $-275.6M | $-1.09B | $445.1M | $-355.8M |
| Net Change in Cash | $-284.5M | $-40.4M | $119.9M | $395.0M | $-647.5M | $537.7M | $182.5M | $97.8M |
| Free Cash Flow | — | — | — | — | — | — | — | — |