The company said net earnings per diluted share were $1.49 for Q4 and $3.56 for the year, compared with $1.37 and $4.01 for the same periods in 2024. Core FFO per diluted share was $1.44 for Q4 and $5.81 for the year.

1. 01

   The company said net earnings per diluted share were $1.49 for Q4 and $3.56 for the year, compared with $1.37 and $4.01 for the same periods in 2024. Core FFO per diluted share was $1.44 for Q4 and $5.81 for the year.

2. 02

   The company said 2025 was a record year for lease signings, at 228 million square feet. For Q4, Owned & Managed average occupancy was 95.3%, period-end occupancy was 95.8%, and Prologis share Cash Same Store NOI was 5.7%.

3. 03

   The company said that for Q4, on a Prologis share basis, it recorded Development Starts of $1,019M, Acquisitions of $517M and Total Dispositions and Contributions of $1,885M. It also said its data center power pipeline expanded to 5.7 gigawatts.

4. 04

   The company set its 2026 outlook for net earnings attributable to common stockholders at $3.70 to $4.00 per diluted share and Core FFO at $6.00 to $6.20 per share. It projected average occupancy of 94.75% to 95.75%.

Analysis scope · Filing body and confirmed press-release exhibitWe analyzed the filing body and confirmed exhibits. This is not a review of other exhibits, investor presentations or the full earnings call.

AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.

Original filing

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