Prologis net earnings attributable to common stockholders rise 75.8% to $2.04 billion in FY26 H1; revenue increases 7.2% to $4.32 billion in FY26 H1
PLD•First-half earnings and revenue increase
Prologis reported net earnings attributable to common stockholders of $2.04 billion for the six months ended June 30, 2026, up 75.8%.
Revenue increased 7.2% to $4.32 billion in FY26 H1.
Operating performance and balance sheet highlights
Operating income climbed to $2.46 billion, up 37.5%, as Real Estate segment NOI rose to $3.24 billion, up 6.62%.
Strategic Capital segment NOI increased to $225 million, up 38.89%, including $83 million of promote revenue.
Rental revenue grew to $4.3 billion, up 7.2%, while net interest expense increased to $531 million, up 9.71%.
Liquidity totaled $7.6 billion at June 30, 2026; the development pipeline carried $5.7 billion of TEI and was .
