ProLogis Q4 Profit Rises on Strong Leasing, Revenue Growth

ProLogis Inc. (PLD) reported a 12% increase in fourth-quarter net income to $389 million, driven by strong leasing activity and higher occupancy rates across its global industrial portfolio. The results, released on January 21, 2026, exceeded analysts’ expectations amid sustained demand for logistics space. Revenue rose 9% year-over-year to $1.2 billion, fueled by same-store rental growth of 5.7%. The company also announced a quarterly dividend of $1.35 per share, unchanged from the prior quarter. ProLogis reaffirmed its full-year 2026 guidance, projecting same-store revenue growth of 5%–6% and adjusted funds from operations (AFFO) of $7.40 to $7.60 per share.