{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-26-017256","form_type":"8-K","ticker":"PLD","cik":"0001045609","company_name":"Prologis, Inc.","filed_at":"2026-01-21T23:59:59+00:00","discovered_at":"2026-05-14T18:02:34.453853+00:00","generated_at":"2026-05-16T09:12:29.459916+00:00","sec_items":["2.02","7.01","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Prologis Q4 2025 Core FFO $1.44 vs $1.50 YoY; 2026 guide $6.00-$6.20; record 228M sq ft leases in 2025","bullets":["Q4 net earnings $1.49/diluted share ($3.56 FY) vs $1.37 ($4.01 FY) prior year; Core FFO $1.44 ($5.81 FY) vs $1.50 ($5.56 FY).","2026 guidance: Core FFO $6.00-$6.20, net earnings $3.70-$4.00; cash same-store NOI growth 5.75%-6.75%.","Record leasing: 228M sq ft signed in 2025; data center power pipeline expanded to 5.7 GW.","Q4 development stabilizations $539M at 6.4% yield, $95M value creation; starts $1,019M at 6.1% yield.","Closed $3.0B aggregate debt at 3.1% avg rate/7.2yr term; debt-to-EBITDA 5.3x, market cap debt 24.6%."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-26-017256","json":"https://secwatch.observer/filing/0001193125-26-017256.json","markdown":"https://secwatch.observer/filing/0001193125-26-017256.md","text":"https://secwatch.observer/filing/0001193125-26-017256.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1045609/000119312526017256/0001193125-26-017256-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1045609/000119312526017256/pld-20260121.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-16T09:12:29.459916+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}