secwatch.observer — SEC 8-K summary
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Issuer:     Prologis, Inc. (PLD)
CIK:        0001045609
Form:       8-K
Filed at:   2026-04-16T23:59:59+00:00
Accession:  0001193125-26-157977
Event type: earnings
Sentiment:  positive
Materiality: 0.80
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1045609/000119312526157977/0001193125-26-157977-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1045609/000119312526157977/pld-20260416.htm
  HTML page:      https://secwatch.observer/filing/0001193125-26-157977

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer