Prologis (PLD) Revenue — Quarter Ended Mar 31, 2025
Revenue for the quarter decreased compared to the immediately preceding quarter but increased compared to the same quarter one year earlier.
Key takeaway
Quarter ended Mar 31, 2025 · FY2025 Q1
Revenue for the quarter decreased compared to the immediately preceding quarter but increased compared to the same quarter one year earlier.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$2.1B
Revenue reported for this quarter.
Quarter-over-quarter
-2.8%
Change from the immediately preceding quarter.
Year-over-year
+9.4%
Change from the comparable year-ago quarter.
Trailing four quarters
$8.4B
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 |
|---|---|---|
| Jun 30, 2024 | $2B | -18.1% |
| Sep 30, 2024 | $2B | +6.4% |
| Dec 31, 2024 | $2.2B | +16.5% |
| Mar 31, 2025 | $2.1B | +9.4% |
Revenue performance
The reported revenue reflects a decline from the previous quarter's level, while maintaining growth on a year-over-year basis.
Quarterly comparison
When compared to the prior quarter, revenue moved lower. However, relative to the same quarter last year, revenue was higher.
What to watch
The sequential decline in revenue warrants attention given the prior quarter's higher figure.