Real Estate Operations — Operating Expenses
Prologis Real Estate Operations — Operating Expenses decreased by 1.3% to $493.36M in Q3 2025 compared to the prior quarter. Year-over-year, this metric grew by 11.3%, from $443.11M to $493.36M. Over 2 years (FY 2022 to FY 2024), Real Estate Operations — Operating Expenses shows a downward trend with a 20.6% CAGR. This is a positive signal — lower values indicate better performance for this metric.
Analysis
How to read this metric
An increase relative to revenue suggests declining operational efficiency or rising maintenance costs, while a decrease may indicate improved cost management or reduced property activity.
Detailed definition
This metric captures the total costs incurred to operate, maintain, and manage the industrial real estate portfolio, inc...
Peer comparison
Comparable to property operating expenses or property-level operating costs reported by peer real estate investment trusts.
pld_segment_real_estate_operations_operating_expensesHistorical Data
| Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | -$311.52M | -$311.52M | -$311.52M | -$311.52M | -$419.54M | -$419.54M | -$419.54M | -$419.54M | $466.50M | $456.68M | $443.11M | -$3.18B | $497.97M | $499.67M | $493.36M |
| QoQ Change | — | +0.0% | +0.0% | +0.0% | -34.7% | +0.0% | +0.0% | +0.0% | +211.2% | -2.1% | -3.0% | -817.4% | +115.7% | +0.3% | -1.3% |
| YoY Change | — | — | — | — | -34.7% | -34.7% | -34.7% | -34.7% | +211.2% | +208.9% | +205.6% | -657.7% | +6.7% | +9.4% | +11.3% |
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Frequently Asked Questions
- What is Prologis's real estate operations — operating expenses?
- Prologis (PLD) reported real estate operations — operating expenses of $493.36M in Q3 2025.
- How has Prologis's real estate operations — operating expenses changed year-over-year?
- Prologis's real estate operations — operating expenses increased by 11.3% year-over-year, from $443.11M to $493.36M.
- What is the long-term trend for Prologis's real estate operations — operating expenses?
- Over 2 years (2022 to 2024), Prologis's real estate operations — operating expenses has grown at a 20.6% compound annual growth rate (CAGR), from -$1.25B to -$1.81B.
- What does real estate operations — operating expenses mean?
- The total costs required to maintain and operate the company's industrial properties.