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What changed in Prologis, Inc.'s latest annual report

In the year ended 31 Dec 2025, Prologis, Inc.'s revenue rose 7.2% to USD 8.79bn, from USD 8.20bn; net income fell 10.8% to USD 3.33bn, from USD 3.73bn; long-term debt rose 13.5% to USD 35.04bn, from USD 30.88bn.

Year ended 31 Dec 2025. Source: 10-K filed 13 Feb 2026, read it on SEC EDGAR.

USD 8.20bn to USD 8.79bn

Revenue, up 7.2% year on year

The figures, year on year

Annual figures as reported to the SEC, in US dollars. Changes are calculated from the two values.
ItemYear beforeLatest yearChange
Revenue8.20bn8.79bnUp 7.2%
Net income3.73bn3.33bnDown 10.8%
Total assets95.33bn98.72bnUp 3.6%
Total liabilities36.71bn40.97bnUp 11.6%
Long-term debt30.88bn35.04bnUp 13.5%
Cash and cash equivalents1.32bn1.15bnDown 13.1%
Shareholders' equity53.95bn53.19bnDown 1.4%

Questions people ask

Did Prologis, Inc.'s revenue grow last year?

Revenue grew 7.2%, from USD 8.20bn to USD 8.79bn in the year ended 31 Dec 2025.

Is Prologis, Inc. profitable?

Yes. Net income was USD 3.33bn in the year ended 31 Dec 2025. The year before: USD 3.73bn.

How much cash and debt does Prologis, Inc. have?

At its latest year end (31 Dec 2025), Prologis, Inc. reported cash and cash equivalents of USD 1.15bn and long-term debt of USD 35.04bn.

Where do these numbers come from?

From Prologis, Inc.'s own annual filings with the SEC. Each change is calculated from the reported figures; nothing is estimated.

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Prologis, Inc. (PLD) 10-K: what changed year on year | LYNORIQ Insights