Revenue and earnings increased in the third quarter
Prologis reported total revenue of $2,387.5 million for the three months ended September 30, 2026, up from $2,213.9 million in the same period of 2025. Net earnings attributable to common stockholders rose to $815.7 million from $762.9 million, while diluted earnings per share increased to $0.86 from $0.82. The filing-based reporting also showed approximately 950,513,000 common shares outstanding as of October 26, 2026.
Nine-month results reflected higher revenue and cash generation
For the nine months ended September 30, 2026, Prologis reported revenue of $7,110.7 million, compared with $6,537.4 million in 2025. Net earnings attributable to common stockholders increased to $2,857.1 million from $1,924.1 million, while operating cash flow rose to $4,392.9 million from $3,850.2 million.
Investing and financing activity remained substantial
Investing activities included $2,385.5 million for real estate development and $1,626.9 million for acquisitions during the nine-month period. Prologis generated $2,411.4 million from common-stock issuance and paid $3,022.4 million in dividends. The company issued 17.25 million shares in an equity offering during the period.
Assets rose alongside debt
Total assets stood at $103,894.7 million as of September 30, 2026, compared with $98,724.3 million at December 31, 2025. Debt was $36,832.5 million at the September 30, 2026 balance-sheet date, up from $35,037.1 million at December 31, 2025.
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