Southern

SO Utilities Market cap $100B as of Sep 14, 2026 16:00 ET S&P 500

Q1 FY26 Jan 1 – Mar 31, 2026 reported Apr 30, 2026

Revenue$8.40B +8% year over year

Operating profit$1.57B 19% margin

Net profit$1.36B 16% margin

The numbers behind the diagram

All figures in billions of U.S. dollars, for Q1 FY26 (period ends Mar 31, 2026).
Item	Value	Share of revenue	Year over year
Revenue	8.40	100%	+8%
Natural gas distribution	1.89	22%	+20%
Commercial	1.66	20%
Other revenue	1.65	20%
Residential	1.03	12%
Wholesale electric	0.73	9%
PPA energy	0.50	6%
Other revenues	0.49	6%
Transportation	0.44	5%
Operating expenses	−6.83	81%
Other	−3.29	39%
Other operations and maintenance	−1.65	20%
Depreciation and amortization	−1.42	17%
Taxes other than income taxes	−0.46	5%
Operating profit	1.57	19% margin
Tax	−0.21
Net profit	1.36	16% margin	−1pp

Figures are rounded to the precision shown, so a column can differ slightly from its own total.

Filing on EDGAR This quarter on its own page

All figures in billions of U.S. dollars, for Q4 FY25 (period ends Dec 31, 2025).
Item	Value	Share of revenue	Year over year
Revenue	6.98	100%	+10%
Operating expenses	−6.79	97%
Interest	−0.90	13%	+2pp
Other	−5.89	84%	+0pp
Operating profit	0.20	3% margin	−6pp
Tax benefit and other	0.22
Net profit	0.42	6% margin	−1pp

Figures are rounded to the precision shown, so a column can differ slightly from its own total.

Filing on EDGAR This quarter on its own page

All figures in billions of U.S. dollars, for Q3 FY25 (period ends Sep 30, 2025).
Item	Value	Share of revenue	Year over year
Revenue	7.82	100%	+8%
Georgia POWER CO	3.77	48%
Alabama POWER CO	2.32	30%
Southern co GAS	0.73	9%
Southern POWER CO	0.61	8%
All other	0.20	3%
Other revenue	0.19	2%
Operating expenses	−5.71	73%
Other	−2.36	30%	+0pp
Other operations and maintenance	−1.64	21%	+0pp
Depreciation and amortization	−1.42	18%	+0pp
Taxes other than income taxes	−0.29	4%	+0pp
Operating profit	2.11	27% margin	+1pp
Tax	−0.40
Net profit	1.71	22% margin	+1pp

Filing on EDGAR This quarter on its own page

All figures in billions of U.S. dollars, for Q2 FY25 (period ends Jun 30, 2025).
Item	Value	Share of revenue	Year over year
Revenue	6.97	100%	+8%
Commercial	1.72	25%
Industrial	1.02	15%
Other revenue	1.01	14%
Southern co GAS	0.97	14%
Natural gas distribution	0.89	13%
Wholesale electric	0.52	7%
Other revenues	0.46	7%
Mississippi POWER CO	0.38	5%
Operating expenses	−5.83	84%
Other	−2.42	35%	+0pp
Other operations and maintenance	−1.69	24%	+0pp
Depreciation and amortization	−1.32	19%	+0pp
Taxes other than income taxes	−0.40	6%	+0pp
Operating profit	1.14	16% margin	−6pp
Tax	−0.26
Net profit	0.88	13% margin	−6pp

Filing on EDGAR This quarter on its own page

All figures in billions of U.S. dollars, for Q1 FY25 (period ends Mar 31, 2025).
Item	Value	Share of revenue	Year over year
Segment revenue	7.85	101%
Residential	2.07	27%
Commercial	1.61	21%
Natural gas distribution	1.58	20%
Industrial	0.92	12%
Other	0.51	7%
Other revenues	0.49	6%
PPA energy revenues	0.42	5%
Other natural gas	0.26	3%
Eliminations	−0.08	−1%
Net revenue	7.78	100%	+17%
Cost of revenue	−0.20	3%
Gross profit	7.58	97% margin	−1pp
Operating expenses	−5.57	72%	+0pp
Operating profit	2.01	26% margin	+0pp
Interest & other costs	−0.40
Tax	−0.28
Net profit	1.33	17% margin	+1pp

Figures are rounded to the precision shown, so a column can differ slightly from its own total.

Filing on EDGAR This quarter on its own page

Financial health

The balance sheet, the quarter's capital flow, the debt schedule and the capital structure of the quarter shown above.

Every set of results we hold, newest first. Open one on its own page.

Quarter	Period	Reported	Revenue	Year over year	Operating margin	Net profit	Net margin
Q1 FY26 Jan 1 – Mar 31, 2026 reported Apr 30, 2026 Operating margin 19% Net profit $1.36B	Jan 1 – Mar 31, 2026	Apr 30, 2026	$8.40B	+8%	19%	$1.36B	16%
Q4 FY25 Oct 1 – Dec 31, 2025 reported Feb 19, 2026 Operating margin 3% Net profit $0.42B	Oct 1 – Dec 31, 2025	Feb 19, 2026	$6.98B	+10%	3%	$0.42B	6%
Q3 FY25 Jul 1 – Sep 30, 2025 reported Oct 30, 2025 Operating margin 27% Net profit $1.71B	Jul 1 – Sep 30, 2025	Oct 30, 2025	$7.82B	+8%	27%	$1.71B	22%
Q2 FY25 Apr 1 – Jun 30, 2025 reported Jul 31, 2025 Operating margin 16% Net profit $0.88B	Apr 1 – Jun 30, 2025	Jul 31, 2025	$6.97B	+8%	16%	$0.88B	13%
Q1 FY25 Jan 1 – Mar 31, 2025 reported May 1, 2025 Operating margin 26% Net profit $1.33B	Jan 1 – Mar 31, 2025	May 1, 2025	$7.78B	+17%	26%	$1.33B	17%