Prologis Achieves Record Performance in Fourth Quarter and Full Year 2025

Prologis Reports Exceptional Q4 2025 and Full Year Results

Prologis, Inc., a leading logistics real estate firm, recently announced its outstanding financial results for the fourth quarter and the full year ending December 31, 2025. The company reported net earnings per diluted share of $1.49 for the quarter and $3.56 for the year, demonstrating an increase from the previous year's figures of $1.37 for the quarter and $4.01 for the full year. This growth highlights Prologis's resilience and strategic positioning in the logistics market.

Overall, Prologis signed a record 228 million square feet of leases in 2025, a significant achievement that sets a strong foundation for continued success in 2026. Daniel S. Letter, the CEO of Prologis, stated, "Customers are making long-term decisions with greater conviction, and we are meeting that demand with a platform that integrates logistics, digital infrastructure, and energy on a global scale."

In terms of operational metrics, the company achieved an impressive average occupancy of 95.3%, with retention rates standing at 77.7% for leases. The data center segment also drove growth as Prologis expanded its data center power pipeline to 5.7 gigawatts of capacity, along with exceeding its target of 1 gigawatt for installed solar and battery storage capacities.

Timothy D. Arndt, CFO of Prologis, expressed confidence through their excellent performance in both Q4 and the full year results. He remarked, "Embedded growth, disciplined investment activity, and unmatched global capital access give us confidence in our earnings growth outlook for 2026 and beyond."

Looking ahead, Prologis provides an optimistic forecast for 2026, with expectations for net earnings attributed to common stockholders to range between $3.70 and $4.00 per diluted share. Core FFO, which is crucial for measuring operational performance, is expected to range from $6.00 to $6.20 per share, highlighting the company’s focused approach to sustaining growth amidst competitive market landscapes.

Additionally, the company plans significant development activites, estimating $2.25 billion to $2.75 billion in development stabilizations and $3.0 billion to $4.0 billion in new development starts. Prologis is also aiming for $1.0 billion to $1.5 billion in acquisitions and $1.5 billion to $2.0 billion in contributions.

Through strategic initiatives and solid operational momentum, Prologis continues to shape the future of logistics real estate. With its innovative solutions and commitment to sustainability, Prologis not only leads the industry but is also setting the standards for what comes next. As the market continually evolves, the company is well-positioned to leverage its strengths, ensuring success in the years to come.

For more detailed insights and financial information regarding Prologis, stakeholders can explore their comprehensive reports available on their Investor Relations website.