Prologis Q2 revenue rises to $2.18 billion; net earnings fall to $570 million
Prologis reported second quarter 2025 results, with total revenues of $2.18 billion, up from $2.01 billion a year earlier. Net earnings attributable to common stockholders fell to $570 million, or $0.61 per diluted share, from $860 million, or $0.92, while Core FFO per diluted share rose to $1.46 from $1.34. The company also reiterated 2025 guidance of $5.75 to $5.80 per share for Core FFO and $3.00 to $3.15 per share for net earnings.
Key points
- Total revenues were $2.18 billion for the three months ended June 30, 2025, compared with $2.01 billion a year earlier.
- Net earnings attributable to common stockholders were $570 million, or $0.61 per diluted share, compared with $860 million, or $0.92, in the second quarter of 2024.
- Core FFO attributable to common stockholders/unitholders was $1.46 per diluted share, compared with $1.34 a year earlier.
- 2025 guidance: Core FFO of $5.75 to $5.80 per share and net earnings of $3.00 to $3.15 per share; the filing does not compare this guidance with prior guidance.
The filing
Written by AI (Anthropic Claude, claude-haiku-5-5) on Nov 8, 2026, 2:16 AM ET, from the text of the filing and its press-release exhibits only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on July 16, 2025.
Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.