In Q2 fiscal 2026 (the quarter ended June 30, 2026), Prologis's largest business segment was Real Estate Operations, with $2.18 billion or 90% of revenue, up 7.2% from a year earlier. Next: Strategic Capital (10%).
By region, UNITED STATES brought in 96%, Other Americas brought in 2% and Europe brought in 2% of revenue in Q3 fiscal 2023.
The fastest-growing business segment from a year earlier was Strategic Capital (+64.2%).
From company filings, in USD; latest quarter ended June 30, 2026; quarterly data from Q3 fiscal 2017.

Fiscal quarters, from company filings
| Business segment | Q2 FY26 | Q1 FY26 | Q3 FY25 | Q2 FY25 | Share |
|---|---|---|---|---|---|
| Real Estate Operations | $2.2B | $2.1B | $2.1B | $2.0B | 90% |
| Strategic Capital | $241.6M | $160.8M | $150.4M | $147.2M | 10% |
In USD, fiscal quarters as reported; share = part of Q2 FY26 revenue.
| Region | Q3 FY23 | Q3 FY22 | Share |
|---|---|---|---|
| UNITED STATES | $1.7B | $1.1B | 96% |
| Other Americas | $29.4M | $23.8M | 2% |
| Europe | $29.1M | $13.4M | 2% |
| Asia | $13.6M | $16.5M | 1% |
In USD, fiscal quarters as reported; share = part of Q3 FY23 revenue.
Real Estate Operations and Strategic Capital (as reported for Q2 fiscal 2026).
Real Estate Operations: $2.18 billion, or 90% of revenue, in Q2 fiscal 2026.
By region in Q3 fiscal 2023: UNITED STATES (96%), Other Americas (2%), Europe (2%) and Asia (1%).
Click a bar to see that period below. Striped bars are calculated fourth quarters; an empty slot means it could not be calculated on the same basis i
Fiscal quarter ended Jun 30, 2026
| Item | Revenue | Share |
|---|---|---|
| Real Estate Operations | USD 2.18B | 90.0% |
| Strategic Capital | USD 241.62M | 10.0% |
Sum of items USD 2.43B. Shares are of the items shown. Click an item with › to see its parts.
Every item and period in one grid. Purple = calculated; "–" = not available.
| Item | Q2 FY26 | Q1 FY26 | Q4 FY25 | Q3 FY25 | Q2 FY25 | Q1 FY25 | Q4 FY24 | Q3 FY24 | Q2 FY24 | Q1 FY24 | Q4 FY23 | Q3 FY23 | Q2 FY23 | Q1 FY23 | Q4 FY22 | Q3 FY22 | Q2 FY22 | Q1 FY22 | Q4 FY21 | Q3 FY21 | Q2 FY21 | Q1 FY21 | Q4 FY20 | Q3 FY20 | Q2 FY20 | Q1 FY20 | Q4 FY19 | Q3 FY19 | Q2 FY19 | Q1 FY19 | Q4 FY18 | Q3 FY18 | Q2 FY18 | Q1 FY18 | Q4 FY17 | Q3 FY17 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Real Estate Operations | 2.2B | 2.1B | 2.1B | 2.1B | 2.0B | 2.0B | 1.9B | 1.9B | 1.9B | 1.8B | 1.8B | 1.8B | 1.7B | 1.6B | 1.6B | 1.2B | 1.1B | 1.1B | 1.1B | 1.0B | 1.0B | 1.0B | 990.9M | 983.8M | 945.5M | 881.6M | 727.5M | 711.7M | 701.2M | 698.2M | 680.6M | 611.3M | 545.6M | 560.7M | – | 534.8M |
| Strategic Capital | 241.6M | 160.8M | 153.7M | 150.4M | 147.2M | 141.1M | 253.4M | 135.4M | 154.7M | 128.4M | 129.6M | 136.8M | 799.0M | 134.7M | 154.7M | 594.8M | 156.2M | 133.9M | 200.0M | 141.4M | 129.4M | 120.0M | 120.7M | 99.0M | 320.7M | 96.6M | 98.5M | 230.5M | 89.1M | 73.8M | 126.5M | 71.1M | 75.7M | 133.0M | – | 68.0M |