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Prologis (PLD) capital expenditures by quarter

Prologis' capital expenditures were $764M in Q1 2026 (first quarter 2026), -7% from Q4 2025. Over the last 6 quarters it ranged from $555M (Q2 2025) to $829M (Q4 2024).

Prologis capital expenditures by quarterPrologis capital expenditures by quarter$829MQ4 2024$776MQ1 2025$555MQ2 2025$627MQ3 2025$823MQ4 2025$764MQ1 2026
QuarterCapital expendituresQ/QY/Y
Q1 2026$764M-7%-2%
Q4 2025$823M+31%-0.8%
Q3 2025$627M+13%—
Q2 2025$555M-28%—
Q1 2025$776M-6%—
Q4 2024$829M——

Q1 2026 at a glance

Prologis, Q1 2026: revenue $2.3B (+7% year over year), operating margin 52.7%, net earnings $982M, operating cash flow $1.3B. The chart follows the revenue to costs, profit and cash.

Questions

What is Prologis' capital expenditures?

Prologis' capital expenditures were $764M in Q1 2026 (first quarter 2026), -7% from Q4 2025.

How has Prologis' capital expenditures changed?

Over the last 6 quarters it ranged from $555M (Q2 2025) to $829M (Q4 2024).

Q1 2026 results → · How Prologis makes money →