Real Estate
Rental income, capital partnerships and FFO
Prologis reports rental, strategic-capital and other revenues. The quarterly statement also allocates earnings among controlling, noncontrolling and common-stockholder interests.
The reporting context
Prologis reports rental, strategic-capital and other revenues. The quarterly statement also allocates earnings among controlling, noncontrolling and common-stockholder interests.
Reported observations
Prologis, Inc. (PLD) — Q3 2026, ended 2026-09-30, released 2026-10-15: Total revenue 2,387.518 USD million; Rental revenue 2,205.269 USD million; Strategic capital revenue 164.326 USD million.
Interpretation
Keep the ownership basis of earnings consistent. Core FFO and AFFO are supplementary metrics with definitions distinct from GAAP net income. Rental and strategic-capital activity have different revenue mechanics. Common-stockholder income also differs from consolidated income because of ownership allocations. FFO and AFFO are supplementary measures, not substitutes for GAAP profit, and should be read with the definitions and reconciliation.
What the comparison does not establish
Development gains, joint ventures, financing and lease economics can differ from simple rental revenue. One logistics REIT does not represent all real estate.
Data method
This edition uses the latest quarterly earnings results located in official sources as of November 15, 2026. Each company page shows its own period end and release date, selected metrics, units and accounting basis. Amounts shown as rounded remain rounded. Analysis is editorial interpretation of the linked disclosures, not issuer guidance, price forecasts or personalized advice.