SAN FRANCISCO, April 16, 2026 /PRNewswire/ -- Prologis, Inc. (NYSE: PLD) today
announced the following results for the quarter ended March 31, 2026:
- Net earnings per diluted share was $1.05 for the quarter compared with $0.63 for the
corresponding period in 2025. - Core funds from operations (Core FFO)* per diluted share was $1.50 for the quarter
compared with $1.42 for the corresponding period in 2025. - Core FFO, excluding Net Promote Income (Expense)* per diluted share was $1.52 for
the quarter compared with $1.43 for the corresponding period in 2025.
"We delivered record lease signings of 64 million square feet in our logistics business this
quarter, reflecting the strength of our platform and resilient customer demand," said Daniel
S. Letter, chief executive officer of Prologis. "We also advanced our data center platform
with $1.3 billion of build-to-suit development starts, and we are scaling digital infrastructure
and energy to support our next phase of growth."
"Through our Strategic Capital platform, new partnerships with GIC and La Caisse will
expand our access to capital and enhance our ability to invest at scale while preserving
balance sheet strength and financial flexibility," said Timothy D. Arndt, chief financial officer
of Prologis. "Even amid an uncertain geopolitical environment, this combination of strong
execution and capital strength underpins our increased Core FFO outlook."