Prologis Q1 2026 net earnings rise to $980 million; core FFO $1.50 per share
Prologis reported first quarter 2026 results on April 16, 2026. Net earnings attributable to common stockholders were $980 million, or $1.05 per diluted share, up from $592 million, or $0.63 per share, a year earlier, and total revenues rose to $2.30 billion from $2.14 billion. Core FFO per diluted share was $1.50, compared with $1.42 in the first quarter of 2025, and the company reaffirmed 2026 guidance of $6.07 to $6.23 per share for Core FFO.
Key points
- Net earnings attributable to common stockholders: $980 million ($1.05 per diluted share) versus $592 million ($0.63) in Q1 2025.
- Core FFO attributable to common stockholders/unitholders: $1.50 per diluted share versus $1.42; realized development gains, net of taxes, were $0.30 per share versus $0.03.
- 2026 guidance: Core FFO of $6.07 to $6.23 per share and net earnings of $3.80 to $4.05 per share.
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 April 16, 2026.
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.