v3.26.3
Earnings Per Common Share or Unit - Computation of Basic and Diluted Earnings Per Share or Unit (Detail) - USD ($)
$ / shares in Units, shares in Thousands, $ in Thousands
 3 Months Ended 9 Months Ended
Sep. 30, 2026
Sep. 30, 2025
Sep. 30, 2026
Sep. 30, 2025
Summary Of Computation Of Basic And Diluted Earnings Per Share [Line Items]        
Net earnings attributable to common stockholders/unit holders - Basic $ 815,734 $ 762,897 $ 2,857,054 $ 1,924,122
Net earnings attributable to exchangeable limited partnership units [1] 16,781 18,781 62,639 47,592
Adjusted net earnings attributable to common stockholders – Diluted $ 832,515 $ 781,678 $ 2,919,693 $ 1,971,714
Weighted average common shares/units outstanding - Basic [2] 944,132 928,851 936,252 928,186
Incremental weighted average effect on exchange of limited partnership units [1] 19,778 22,809 20,629 22,958
Incremental weighted average effect of equity awards 4,601 4,943 4,469 4,680
Weighted average common shares/partnership units outstanding - Diluted [3] 968,511 956,603 961,350 955,824
Net earnings per share/unit attributable to common stockholders/unitholders -        
Basic $ 0.86 $ 0.82 $ 3.05 $ 2.07
Diluted $ 0.86 $ 0.82 $ 3.04 $ 2.06
Prologis, L.P. [Member]        
Summary Of Computation Of Basic And Diluted Earnings Per Share [Line Items]        
Net earnings attributable to common stockholders/unit holders - Basic $ 832,342 $ 781,562 $ 2,919,224 $ 1,971,714
Net earnings attributable to exchangeable limited partnership units 173 116 469 0
Adjusted net earnings attributable to common stockholders – Diluted $ 832,515 $ 781,678 $ 2,919,693 $ 1,971,714
Weighted average common shares/units outstanding - Basic [2] 963,651 951,116 956,622 946,726
Incremental weighted average effect on exchange of Class A convertible units 0 386 0 4,418
Incremental weighted average effect on exchange of limited partnership units 259 158 259 0
Incremental weighted average effect of equity awards 4,601 4,943 4,469 4,680
Weighted average common shares/partnership units outstanding - Diluted [3] 968,511 956,603 961,350 955,824
Net earnings per share/unit attributable to common stockholders/unitholders -        
Basic $ 0.86 $ 0.82 $ 3.05 $ 2.07
Diluted $ 0.86 $ 0.82 $ 3.04 $ 2.06
Prologis, L.P. [Member] | Class A Common [Member]        
Summary Of Computation Of Basic And Diluted Earnings Per Share [Line Items]        
Net earnings attributable to common stockholders/unit holders - Basic $ 0 $ (1,064) $ 0 $ (9,158)
Adjusted net earnings attributable to common stockholders – Diluted 0 1,064 0 9,158
Prologis, L.P. [Member] | Common Unit [Member]        
Summary Of Computation Of Basic And Diluted Earnings Per Share [Line Items]        
Net earnings attributable to common stockholders/unit holders - Basic $ 832,342 $ 780,498 $ 2,919,224 $ 1,962,556
[1] Earnings allocated to the exchangeable OP units not held by the Parent have been included in the numerator and exchangeable common units have been included in the denominator for the purpose of computing diluted earnings per share for all periods as the per share and unit amount is the same.
[2] The increase in shares/units between the periods is due to an equity offering in August 2026. See Note 1 for more information.
[3] Our total weighted average potentially dilutive shares and units outstanding consisted of the following:

 

 

 

 

Three Months Ended

 

 

Nine Months Ended

 

 

 

 

September 30,

 

 

September 30,

 

 

 

 

2026

 

 

2025

 

 

2026

 

 

2025

 

 

Class A Units

 

 

-

 

 

 

386

 

 

 

-

 

 

 

4,418

 

 

Other limited partnership units

 

 

259

 

 

 

259

 

 

 

259

 

 

 

265

 

 

Equity awards

 

 

6,991

 

 

 

7,210

 

 

 

7,206

 

 

 

7,423

 

 

Prologis, L.P.

 

 

7,250

 

 

 

7,855

 

 

 

7,465

 

 

 

12,106

 

 

Common limited partnership units

 

 

19,519

 

 

 

22,265

 

 

 

20,370

 

 

 

18,540

 

 

Prologis, Inc.

 

 

26,769

 

 

 

30,120

 

 

 

27,835

 

 

 

30,646