Prologis (PLD) Revenue — Quarter Ended Jun 30, 2023
Revenue increased significantly during the quarter. The growth was robust compared with both the prior quarter and the same period last year.
Key takeaway
Quarter ended Jun 30, 2023 · FY2023 Q2
Revenue increased significantly during the quarter. The growth was robust compared with both the prior quarter and the same period last year.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$2.5B
Revenue reported for this quarter.
Quarter-over-quarter
+38.6%
Change from the immediately preceding quarter.
Year-over-year
+95.8%
Change from the comparable year-ago quarter.
Trailing four quarters
$7.7B
Sum of the latest four reported quarters.
Quarterly revenue trend
The latest four reported quarters with year-over-year comparisons.
| Period ended | Revenue | Year-over-year change |
|---|---|---|
| Sep 30, 2022 | $1.8B | +48.0% |
| Dec 31, 2022 | $1.8B | +37.1% |
| Mar 31, 2023 | $1.8B | +45.1% |
| Jun 30, 2023 | $2.5B | +95.8% |
Revenue performance
The reported revenue shows a strong upward trend, building on consecutive increases seen in recent quarters.
Quarterly comparison
Revenue improved from the immediately preceding quarter and saw a substantial gain compared with the same quarter one year earlier.
What to watch
Monitor whether the elevated revenue pace can be sustained in upcoming periods.