Strategic Capital — Operating Expenses
Prologis Strategic Capital — Operating Expenses increased by 6.7% to $69.27M in Q3 2025 compared to the prior quarter. Year-over-year, this metric grew by 12.9%, from $61.34M to $69.27M. Over 2 years (FY 2022 to FY 2024), Strategic Capital — Operating Expenses shows relatively stable performance with a -1.9% CAGR. This increase may warrant attention — for this metric, lower values are generally preferred.
Analysis
How to read this metric
An increase relative to revenue may signal declining operational efficiency, whereas a decrease relative to revenue suggests improved economies of scale.
Detailed definition
This metric captures the direct costs associated with operating the strategic capital business segment, including person...
Peer comparison
Comparable to segment-specific operating expenses or SG&A allocations in asset management divisions of peer REITs.
pld_segment_strategic_capital_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 | -$75.84M | -$75.84M | -$75.84M | -$75.84M | -$96.39M | -$96.39M | -$96.39M | -$96.39M | $78.81M | $70.54M | $61.34M | -$502.55M | $60.78M | $64.92M | $69.27M |
| QoQ Change | — | +0.0% | +0.0% | +0.0% | -27.1% | +0.0% | +0.0% | +0.0% | +181.8% | -10.5% | -13.0% | -919.3% | +112.1% | +6.8% | +6.7% |
| YoY Change | — | — | — | — | -27.1% | -27.1% | -27.1% | -27.1% | +181.8% | +173.2% | +163.6% | -421.4% | -22.9% | -8.0% | +12.9% |
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Frequently Asked Questions
- What is Prologis's strategic capital — operating expenses?
- Prologis (PLD) reported strategic capital — operating expenses of $69.27M in Q3 2025.
- How has Prologis's strategic capital — operating expenses changed year-over-year?
- Prologis's strategic capital — operating expenses increased by 12.9% year-over-year, from $61.34M to $69.27M.
- What is the long-term trend for Prologis's strategic capital — operating expenses?
- Over 2 years (2022 to 2024), Prologis's strategic capital — operating expenses has grown at a -1.9% compound annual growth rate (CAGR), from -$303.36M to -$291.86M.
- What does strategic capital — operating expenses mean?
- The total costs incurred to operate and manage the third-party capital investment platform.