PLD at a glance
Prologis (PLD, SEC CIK 1045609) filed its latest 10-K annual report on February 13, 2026, a 10-Q quarterly report on July 29, 2026, an 8-K current report on August 6, 2026 and Form 4 insider filings as recently as October 2, 2026. SignalX summarizes each filing with AI and tracks the company's insider trades and institutional holders.
- For the fiscal year ended December 31, 2025 (FY2025), Prologis (PLD) reported revenue of $8.8 billion (up 7.2% from FY2024) and net income of $3.3 billion. Diluted EPS was $3.56.
- As of June 30, 2026, 51 institutional investment managers tracked by SignalX reported holding Prologis (PLD) shares worth $63.6 billion in 13F-HR filings.
- In the last 90 days, PLD insiders reported 0 open-market purchases ($0) and 1 open-market sale ($7.5M) on Form 4, a net sale of $7.5M.
Source: SEC EDGAR (XBRL financial data, 13F-HR and Form 4 filings).
- Revenue · FY2025
- $8.8B
- +7.2% vs prior year
- Insiders · 90 days
- 0 buys · 1 sell
- Net −$7.5M
- 13F holders
- 51 funds
- $63.6B · +2 vs prior quarter
- Latest 8-K
- Aug 6, 2026
- Item 8.01
AI 10-K Annual Report Analysis
Latest 10-K, fiscal year ended Dec 31, 2025
Business Overview
- Core business model: Real estate investment and management focused on O&M portfolio combining owned and co-invested properties
- No new products or segments introduced; continued emphasis on managing consolidated and unconsolidated co-investment ventures
- Strategic approach unchanged, operating as fully integrated REIT since 1997 with focus on maintaining REIT tax status
- O&M portfolio management based on total properties including co-investment ventures, guiding operating decisions and performance metrics
- Integration of funds from operations (FFO) and net operating income (NOI) metrics, though not GAAP, for performance evaluation
Risk Factors
- Regulatory risk: Compliance with Foreign Corrupt Practices Act and U.K. Bribery Act, noncompliance may cause substantial fines or damages
- Geopolitical risk: $788M revenue (9% consolidated) from international ops exposed to political instability and trade wars
- Operational risk: Increased material costs and supply chain disruptions impacting property development budgets and transportation routes
- Competitive risk: Adoption of AI technology changes market operations and customer service expectations
- Financial risk: $13.7B (13.8% consolidated assets) held in non-U.S. dollar currency with exposure to foreign currency depreciation
Management Discussion & Analysis
- Revenue $8.2B, up $644M YoY primarily due to higher rental revenues ($8.16B vs $7.52B)
- Real Estate NOI $6.19B up 8.2% ($471M increase), Strategic Capital NOI $321M down 15.5%, Operating margin ~53.5% (Operating income $4.36B on revenue $8.79B)
- Best segment: Real Estate NOI $6.19B (+$471M), Worst: Strategic Capital NOI $321M (-$59M)
- Net proceeds $2.7B from real estate sales, development starts $2.9B with 60.9% build-to-suit, total liquidity $7.6B, total debt $35B at 3.2% avg interest
- Management notes economic uncertainty as key risk, expects long-term growth supported by embedded rent growth and development pipeline
AI summary of the PLD 10-K filed . Generated from the filing text; verify against the original.View on SEC EDGARHow to read a 10-K
AI 10-Q Quarterly Report Analysis
Latest 10-Q, quarter ended Jun 30, 2026
Risk Factors
- Proposed SEGRO acquisition, announced July 22, 2026, subject to confirmatory due diligence and definitive documentation
- Transaction consideration includes approximately £3.5 billion partial cash alternative, creating financing and liquidity exposure
- Takeover Panel deadline extended to August 12, 2026 for a firm-offer or no-offer announcement
- Prologis issued 0.6 million common shares for redemption of Prologis, L.P. common units, creating equity dilution risk
- CEO terminated 10b5-1 arrangement on June 3, 2026 covering up to 60,000 shares through March 31, 2027
AI summary of the PLD 10-Q filed . Generated from the filing text; verify against the original.View on SEC EDGAR10-K vs 10-Q vs 8-K
AI 8-K Current Report Analysis
The most recent material events, by 8-K item
Item 8.01: Other Events
- Underwriters exercised option for 2,250,000 additional common shares after the 15,000,000-share offering
- Approximately $312.2 million net proceeds expected after underwriting discount and before transaction expenses
Item 8.01: Other Events
- $2.1B net proceeds from 15M-share offering, potentially $2.4B with full 2.25M-share over-allotment
- Expected August 5, 2026 closing; 30-day restriction on additional common-stock sales
Item 2.03: Creation of a Direct Financial Obligation
- Item 2.03 references the Term Loan Facility, indicating a newly created or amended borrowing obligation
- Loan amount, interest rate, maturity, and purpose require review of the referenced filing exhibit
Item 8.01: Other Events
- Prologis–SEGRO combination materials describe a potential share issuance to SEGRO shareholders
- New Prologis shares expected to rely on Securities Act Section 3(a)(10) registration exemption
Item 1.01: Entry into a Material Definitive Agreement
- Prologis plans to issue new shares to SEGRO shareholders as transaction consideration
- Section 3(a)(10) exemption avoids Securities Act registration for those shares
AI summaries of PLD 8-K current reports filed with the SEC. What 8-K item codes mean
SignalX for PLD
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- Fund moves. Which tracked funds opened, added or cut PLD, by share count.
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Recent Insider Transactions (Form 4)
Latest reported trades by officers, directors and 10% owners
| Insider | Type | Date | Shares | Price |
|---|---|---|---|---|
| Connor James B. | A | Sep 30, 2026 | 52.134 | - |
| FOTIADES GEORGE L | A | Sep 30, 2026 | 194.538 | - |
| Metcalfe Guy A | A | Sep 30, 2026 | 231 | - |
| Slusser Sarah A | A | Sep 30, 2026 | 33.634 | - |
| Modjtabai Avid | A | Sep 30, 2026 | 52.134 | - |
| Piani Olivier | A | Sep 30, 2026 | 52.134 | - |
| Metcalfe Guy A | A | Sep 30, 2026 | 52.134 | - |
| Metcalfe Guy A | A | Sep 30, 2026 | 3.698 | - |
Financial SummaryXBRL
| Metric | FY2023 | FY2024 | FY2025 |
|---|---|---|---|
| Profitability | |||
| Revenue | $8.0B | $8.2B | $8.8B |
| Operating Income | $3.7B | $4.4B | $4.4B |
| Net Income | - | $3.7B | $3.3B |
| Op. Margin | 46.2% | 53.8% | 49.6% |
| Net Margin | - | 45.5% | 37.9% |
| Balance Sheet | |||
| Total Assets | $93.0B | $95.3B | $98.7B |
| Equity | $53.2B | $54.0B | $53.2B |
| ROE | - | 6.9% | 6.3% |
| Per Share | |||
| EPS | $3.29 | $4.01 | $3.56 |
| Cash Flow | |||
| Operating CF | $5.4B | $4.9B | $5.0B |
Source: XBRL data in Prologis (PLD)'s 10-K filings on SEC EDGAR, in USD. Compare across companies →
13F Fund Holdings: Quarterly Trend
Latest: Q2 2026Aggregate PLD share value held by 13F filers tracked by SignalX, by quarter.
Quarterly totals table
| Quarter | Funds | Total value |
|---|---|---|
| Q2 2026 | 51 | $63.60B |
| Q1 2026 | 49 | $61.33B |
| Q4 2025 | 47 | $59.34B |
| Q3 2025 | 49 | $57.27B |
| Q2 2025 | 49 | $50.49B |
| Q1 2025 | 44 | $42.44B |
| Q4 2024 | 38 | $32.42B |
| Q3 2024 | 36 | $20.19B |
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- First Bancorp, Inc /ME/+500
Source: 13F-HR filings on SEC EDGAR (aggregated from 363 fund-quarter rows). Reflects only 13F filers tracked by SignalX, not the full institutional ownership universe. How 13F filings work
PLD filing archive
AI analysis pages for each 10-K, 10-Q and 8-K
10-K annual reports
10-Q quarterly reports
Latest 2026 SEC Filings: 10-K, 10-Q, 8-K & Form 4
| Form | Filing date | Period | Analysis | SEC |
|---|---|---|---|---|
| 4 | Oct 2, 2026 | - | - | - |
| 4 | Oct 2, 2026 | - | - | - |
| 4 | Oct 2, 2026 | - | - | - |
| 4 | Oct 2, 2026 | - | - | - |
| 4 | Oct 2, 2026 | - | - | - |
| 4 | Oct 2, 2026 | - | - | - |
| 4 | Oct 2, 2026 | - | - | - |
| 4 | Oct 2, 2026 | - | - | - |
| 4 | Oct 2, 2026 | - | - | - |
| 4 | Sep 21, 2026 | - | - | - |
| 4 | Sep 21, 2026 | - | - | - |
| 8-K | Aug 6, 2026 | - | Analysis | - |
| 8-K | Aug 5, 2026 | - | Analysis | - |
| 8-K | Aug 4, 2026 | - | Analysis | - |
| 10-Q | Jul 29, 2026 | Jun 30, 2026 | Analysis | |
| 4 | Jul 20, 2026 | - | - | - |
| 4 | Jul 16, 2026 | - | - | - |
| 4 | Jul 16, 2026 | - | - | - |
| 4 | Jul 16, 2026 | - | - | - |
| 4 | Jul 16, 2026 | - | - | - |
| 8-K | Jul 16, 2026 | - | Analysis | - |
| 4 | Jul 16, 2026 | - | - | - |
| 4 | Jul 16, 2026 | - | - | - |
| 8-K | Jul 1, 2026 | - | Analysis | - |
| 8-K | Jun 24, 2026 | - | Analysis | - |
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PLD SEC filings: frequently asked questions
Are PLD insiders buying or selling?
In the last 90 days, Prologis (PLD) officers, directors and 10% owners reported no open-market purchases and 1 open-market sale worth $7.5 million by 1 insider on Form 4. Many insider sales are pre-planned or for taxes, so purchases usually carry more information.
Which institutions hold PLD stock?
As of June 30, 2026, the largest Prologis (PLD) holders among the 13F filers tracked by SignalX were BlackRock ($14.0 billion), Vanguard Capital Management LLC ($8.3 billion), State Street Corp ($7.6 billion), Vanguard Portfolio Management LLC ($7.5 billion), COHEN & STEERS, INC. ($3.1 billion). 13F-HR reports are filed up to 45 days after each quarter ends.
What was PLD's revenue in fiscal year 2025?
For the fiscal year ended December 31, 2025 (FY2025), Prologis (PLD) reported revenue of $8.8 billion (up 7.2% from FY2024) and net income of $3.3 billion. Diluted EPS was $3.56. The figures come from the XBRL data in the 10-K.
What are the main risks in PLD's latest 10-K?
In the 10-K filed February 13, 2026, Prologis (PLD) flagged: Regulatory risk: Compliance with Foreign Corrupt Practices Act and U.K. Bribery Act, noncompliance may cause substantial fines or damages. Geopolitical risk: $788M revenue (9% consolidated) from international ops exposed to political instability and trade wars. (AI summary of the Risk Factors section.)
What did PLD report in its latest 8-K?
Prologis (PLD) filed an 8-K on August 6, 2026 reporting Item 8.01 (Other Events). Underwriters exercised option for 2,250,000 additional common shares after the 15,000,000-share offering.
What are the latest PLD SEC filings?
Prologis (PLD) filed its latest 10-K annual report on February 13, 2026, a 10-Q quarterly report on July 29, 2026, an 8-K current report on August 6, 2026 and a Form 4 insider filing on October 2, 2026.
What is PLD's SEC CIK number?
Prologis (PLD)'s SEC Central Index Key (CIK) is 1045609. EDGAR lists every PLD filing under that number.
Ask anything about PLD
The research agent reads PLD's filings, financials, insider trades and 13F holders, then answers with sources.