---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-26-157977"
form_type: "8-K"
ticker: "PLD"
cik: "0001045609"
company_name: "Prologis, Inc."
filed_at: "2026-04-16T23:59:59+00:00"
generated_at: "2026-05-15T05:41:32.917066+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Prologis Q1 net earnings $1.05/sh beats prior year $0.63; raises Core FFO guidance to $6.07-6.23

## Summary
- Record lease signings 64M sq ft in logistics; data center platform scales with $1.3B build-to-suit starts.
- Core FFO $1.50/sh vs $1.42 prior year; Core FFO ex promote $1.52/sh.
- Net earnings $980M, up from $592M YoY; total revenues $2.3B vs $2.14B YoY.
- 2026 guidance raised: Core FFO $6.07-6.23 vs prior $6.00-6.20; occupancy guidance raised to 95.00-95.75%.
- Balance sheet: debt-to-Adjusted EBITDA 4.8x, total available liquidity ~$6.7B.

## SEC filing metadata
- accession: 0001193125-26-157977
- form_type: 8-K
- ticker: PLD
- cik: 0001045609
- company_name: Prologis, Inc.
- filed_at: 2026-04-16T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1045609/000119312526157977/0001193125-26-157977-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1045609/000119312526157977/pld-20260416.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-26-157977
- JSON: https://secwatch.observer/filing/0001193125-26-157977.json
- Plain text: https://secwatch.observer/filing/0001193125-26-157977.txt

## Key facts
- Earnings Releases
  Prologis, Inc. reported Three Months Ended March 31, 2026 results: revenue $2,298, net income $980, EPS $1.05. Guidance reaffirmed.
  - Period: Three Months Ended March 31, 2026
  - Revenue: $2,298
  - Net income: $980
  - EPS: $1.05
  - Guidance: reaffirmed
  - Result: reported results
  source text: dollars in millions, except per share/unit data Three Months Ended March 31, 2026 2025 Rental and other revenues $ 2,137 $ 1,999 Strategic capital revenues 161 141 Total revenues 2,298 2,140 Net earnings attributable to common stockholders 980 592 Core FFO attributable to common stockholders/unitholders* 1,440 1,356 AFFO attributable to common
  evidence_url: https://www.sec.gov/Archives/edgar/data/1045609/000119312526157977/0001193125-26-157977-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.