What move does the options market price into Prologis's report?

Implied ±8.7%, either direction · provisional.

How often does Prologis move more than the options market prices?

3 of the last 8 reports moved at least as far as the implied move.

PLDNYSEReal Estate Investment Trusts

Prologis, Inc. (PLD) earnings date, market-implied expected move, and options open interest by expiry

126.00

Closed16:04 ET

Open128.62Volume4.3MMkt cap$121.6BP/E27.63EPS4.56Div yield3.30%

Day126.00 – 129.200%52-wk117.70 – 152.1424%

PLD

Prologis, Inc.

OpenVolumeMkt capP/EEPSDiv yield

Day – 52-wk –

Expected move

Inputs

±8.7%implied · straddle

116.89139.07

spot 127.98exp Feb 19ATM strike 130ATM straddle 13.05IV 23%

Oct 30 closeprovisional

Expected move

Inputs

Next report

Jan 20

before open · in 81 days

est.Q4 FY26

Calendar

Next report

Last report

−2.70%

vs ±2.9% implied · ×0.93

shaded = implied · ▲▼ = realized

Oct 15 '26 · confirmed

Implied vs realized

Largest filed tie

—

Largest filed tie

13F top-10 QoQ

+0.77%

shares held · 10 largest managers

13F · Jun 30 '26123d lag

1,748 managers

Top fund weight

8.68%

PLD weight · XLRE

N-PORTJun 30 '26

10 funds

Last reportshaded = implied▲▼ = realized× = |realized| ÷ implied

Prologis (PLD) is expected to report on Jan 20 before open (estimated date).

Implied vs realized

8 reports

3 of 8≥ implied

avg implied: ±3.8%
avg realized: ±3.3%

Jan 21 '25Jan 21 '25confirmed±5.6%▲+7.12%×1.27

Apr 16 '25Apr 16 '25confirmed±4.2%▲+1.84%×0.44

Jul 16 '25Jul 16 '25confirmed±2.9%▲+1.43%×0.49

Oct 15 '25Oct 15 '25confirmed±3.3%▲+6.33%×1.94

Jan 21 '26Jan 21 '26confirmed±5.2%▲+0.25%×0.05

Q1 FY26Apr 16 '26confirmed±3.0%▲+1.72%×0.57

Q2 FY26Jul 16 '26confirmed±3.1%▲+4.63%×1.50

Q3 FY26Oct 15 '26confirmed±2.9%▼−2.70%×0.93

quarterimplied−10%0+10%realized×

Q3 FY26±2.9%▼−2.70%×0.93

Q2 FY26±3.1%▲+4.63%×1.50

Q1 FY26±3.0%▲+1.72%×0.57

Jan '26±5.2%▲+0.25%×0.05

Oct '25±3.3%▲+6.33%×1.94

Jul '25±2.9%▲+1.43%×0.49

2 older reports

Apr '25±4.2%▲+1.84%×0.44

Jan '25±5.6%▲+7.12%×1.27

Shaded = implied · tick ▲▼ = realized · × = |realized| ÷ impliedSource: options EOD · implied at prior close · realized close to close

Implied vs realized

Positioning

OI · 5 expiries · Oct 23 close

3.14OI · 5 expiries · Oct 23 closeP/C open interest · Feb 19 · first expiry after the report

PUTS · chgexpiry · days · P/CCALLS · chgP/C

8,774+17%Nov 2020d0.899,845+12%0.89

3,233+4%Dec 1848d0.893,647+18%0.89

9,780+3%Jan 1576d0.7912,408+8%0.79

report · Jan 20 · before open · est.

3,742+3%Feb 19111d1,190+16%

2,835+5%Mar 19139d2.621,083+34%2.62

ExpiryPutsCallsP/C

Nov 2020d8,774+17%9,845+12%0.89

Dec 1848d3,233+4%3,647+18%0.89

Jan 1576d9,780+3%12,408+8%0.79

report · Jan 20 · before open · est.

Feb 19111d3,742+3%1,190+16%3.14

Mar 19139d2,835+5%1,083+34%2.62

Hatched = puts · solid = calls · bars scaled per expiry · chg = OI vs prior sessionSource: options EOD

Positioning

Linked exposure

scenario · straddle±8.7%

Funds 4

XLRE±0.8%

VNQ±0.6%

VTV±0.0%

VOO±0.0%

Dashed = straddleMethod 2 more funds Source: SEC filings · N-PORT · market data

Linked exposure

Revenue flow

as filedQ3 FY26

36.85%as filednet margin · revenue −1.56% QoQ · +7.84% YoY

Revenue

$2.4B−1.56% QoQ

Gross profit

$1.9B−0.99% QoQ

78.57% margin

Operating income

$1.0B−16.51% QoQ

43.76% margin

Pre-tax income

$978M−20.64% QoQ

Net income

$880M−21.71% QoQ

36.85% margin

Cost of revenue

$512M−3.61% QoQ

Operating expenses

$831M+29.20% QoQ

Depreciation $710M

SG&A $145M

Other operating $28M

Other expense

$67M

Tax

$98M−9.44% QoQ

Revenue$2.4B−1.56%

Gross profit

$1.9B−0.99%

78.57% margin

Operating income

$1.0B−16.51%

43.76% margin

Pre-tax income

$978M−20.64%

Net income

$880M−21.71%

36.85% margin

Cost of revenue

$512M−3.61%

Operating expenses

$831M+29.20%

Depreciation $710M

SG&A $145M

Other operating $28M

Other expense

$67M

Tax$98M−9.44%

flow · deduction · signed % = QoQSource: SEC filings · standardized · QE Sep 30 '26 · width = $

Revenue flow

Intraday

15m bars

Long dash = implied range · Oct 30 close · Hatch = extended hours · ▯ up · ▮ down · bars = volume, 15mSource: market data · 16:00 ET

Intraday

Event sensitivity

FOMC ×1.14· ±1.3% vs ±1.2% · 24 releases

eventrelease day|move|up · n×base

FOMCrate decision±1.3%9 of 24×1.14

NFPjobs report±1.2%5 of 9×0.99

PCEpersonal income & outlays±1.1%7 of 19×0.91

GDPgross domestic product±0.9%8 of 19×0.80

CPIconsumer prices±0.9%5 of 10×0.73

PPIproducer prices±0.8%6 of 10×0.70

CPROFcorporate profits±0.8%4 of 12×0.69

Bar = avg |move| to ±2% · tick = ±1.2% avg day · ×base = |move| ÷ ±1.2% · min 6 releases

Earnings history

EPS 0.86 · consensus —

Quarter	Reported	EPS	Consensus
Q3 FY26	Oct 15 '26 · confirmed	0.86	—
Q2 FY26	Jul 16 '26 · confirmed	1.13	—
Q1 FY26	Apr 16 '26 · confirmed	1.05	—

Source: filed financials

Methodology

ties · implied moves · holdersMethod