Prologis (PLD) Revenue — Quarter Ended Dec 31, 2024
Revenue increased in the quarter, rising from the preceding quarter and from the same quarter last year. The results demonstrate ongoing business momentum.
Key takeaway
Quarter ended Dec 31, 2024 · FY2024 FY
Revenue increased in the quarter, rising from the preceding quarter and from the same quarter last year. The results demonstrate ongoing business momentum.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$2.2B
Revenue reported for this quarter.
Quarter-over-quarter
+8.1%
Change from the immediately preceding quarter.
Year-over-year
+16.5%
Change from the comparable year-ago quarter.
Trailing four quarters
$8.2B
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 |
|---|---|---|
| Mar 31, 2024 | $2B | +10.6% |
| Jun 30, 2024 | $2B | -18.1% |
| Sep 30, 2024 | $2B | +6.4% |
| Dec 31, 2024 | $2.2B | +16.5% |
Revenue performance
Revenue for the quarter came in above the prior quarter's level and also exceeded the year‑ago figure.
Quarterly comparison
Compared to the immediately preceding quarter, revenue grew. Versus the same quarter one year earlier, revenue also showed a substantial increase.
What to watch
Future revenue trends will be important to monitor given the recent growth pattern.