Prologis Inc.
Income Statement
| Line Item | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 |
|---|---|---|---|---|---|---|---|---|
| Revenue | — | $8.79B | $8.20B | $8.02B | $5.97B | $4.76B | $4.44B | $3.33B |
| Rental | — | $8.16B | $7.51B | $6.82B | $4.91B | $4.15B | $3.79B | $2.83B |
| Strategic Capital | — | $592.4M | $671.9M | $1.20B | $1.04B | $590.8M | $637.0M | $491.9M |
| Development and Other | — | $38.9M | $15.0M | $4.7M | $20.9M | $20.7M | $10.6M | $6.9M |
| Cost of Revenue | — | — | — | — | — | — | — | — |
| Gross Profit | — | — | — | — | — | — | — | — |
| Gross Margin | — | — | — | — | — | — | — | — |
| Operating Expenses | ||||||||
| Research & Development | — | — | — | — | — | — | — | — |
| SG&A Expense | — | $469.1M | $418.8M | $390.4M | $331.1M | $293.2M | $274.8M | $266.7M |
| Operating Income | — | $4.36B | $4.42B | $3.71B | $3.47B | $3.21B | $2.12B | $1.85B |
| Operating Margin | — | 49.6% | 53.8% | 46.2% | 58.0% | 67.4% | 47.7% | 55.5% |
| Interest Expense | — | $1.00B | $863.9M | $641.3M | $309.0M | $266.2M | $314.5M | $240.0M |
| Pretax Income | — | $3.77B | $4.11B | $3.46B | $3.69B | $3.32B | $1.75B | $1.78B |
| Income Tax Expense | — | $204.0M | $166.9M | $211.0M | $135.4M | $174.3M | $130.5M | $74.5M |
| Net Income | — | $3.33B | $3.73B | $3.06B | $3.36B | $2.94B | $1.48B | $1.57B |
| Net Margin | — | 37.9% | 45.5% | 38.1% | 56.3% | 61.8% | 33.4% | 47.2% |
| EPS (Basic) | — | $3.58 | $4.02 | $3.30 | $4.28 | $3.97 | $2.02 | $2.48 |
| EPS (Diluted) | — | $3.56 | $4.01 | $3.29 | $4.25 | $3.94 | $2.01 | $2.46 |
| Shares Outstanding (Basic) | 929.6M | 928.5M | 926.2M | 924.4M | 785.7M | 739.4M | 728.3M | 630.6M |
| Shares Outstanding (Diluted) | 929.6M | 956.8M | 953.6M | 951.8M | 811.6M | 764.8M | 754.4M | 654.9M |
| Dividends Per Share | — | $0.03 | $0.01 | $0.00 | $0.02 | $0.00 | $0.00 | $0.00 |