Southern Company

Southern CompanySOEarnings & Financial Report

NYSE · Utilities · Electric Services

Southern Company is an American gas and electric utility holding company based in the Southern United States. It is headquartered in Atlanta, Georgia, with executive offices located in Birmingham, Alabama. As of 2021 it is the second largest utility company in the U.S. in terms of customer base. Through its subsidiaries it serves 9 million gas and electric utility customers in 6 states. Southern Company's regulated regional electric utilities serve a 120,000-square-mile (310,000 km2) territor...

SO Q1 FY2026 Key Financial Metrics

Revenue

$8.4B

Gross Profit

N/A

Operating Profit

$2.0B

Net Profit

$1.3B

Gross Margin

N/A

Operating Margin

24.0%

Net Margin

15.9%

YoY Growth

8.0%

EPS

$1.32

Southern Company Q1 FY2026 Financial Summary

Southern Company reported revenue of $8.4B (up 8.0% YoY) for Q1 FY2026, with a net profit of $1.3B (up 5.4% YoY) (15.9% margin).

Key Financial Metrics

Total Revenue$8.4B
Net Profit$1.3B
Gross MarginN/A
Operating Margin24.0%
Report PeriodQ1 FY2026

Southern Company Annual Revenue by Year

Southern Company annual revenue history includes year-by-year totals (for example, 2025 revenue was $29.6B).

YearAnnual Revenue
2025$29.6Bvs 2024
2024$26.7Bvs 2023
2023$25.3Bvs 2022
2022$29.3B

Southern Company Quarterly Revenue & Net Profit History

Southern Company results over the last 8 reported quarters, including revenue, net profit and year-over-year growth.

QuarterRevenueRevenue YoYNet ProfitNet Margin
Q1 FY2026$8.4B+8.0%$1.3B15.9%
Q4 FY2025$7.0B+10.1%$341.0M4.9%
Q3 FY2025$7.8B+7.5%$1.7B21.9%
Q2 FY2025$7.0B+7.9%$880.0M12.6%
Q1 FY2025$7.8B+17.0%$1.3B16.3%
Q4 FY2024$6.3B+4.9%$466.0M7.3%
Q3 FY2024$7.3B+4.2%$1.5B21.1%
Q2 FY2024$6.5B+12.4%$1.2B18.6%

Income Statement

Q2 2024Q3 2024Q4 2024Q1 2025Q2 2025Q3 2025Q4 2025Q1 2026
Revenue$6.46B$7.27B$6.34B$7.78B$6.97B$7.82B$6.98B$8.40B
YoY Growth12.4%4.2%4.9%17.0%7.9%7.5%10.1%8.0%

Balance Sheet

Q2 2024Q3 2024Q4 2024Q1 2025Q2 2025Q3 2025Q4 2025Q1 2026
Assets$141.94B$143.96B$145.18B$148.11B$148.85B$153.25B$155.72BN/A
Liabilities$105.83B$107.05B$108.51B$110.89B$111.51B$114.97B$116.85BN/A
Equity$36.11B$36.91B$33.21B$37.22B$37.34B$38.27B$36.02BN/A

Cash Flow

Q2 2024Q3 2024Q4 2024Q1 2025Q2 2025Q3 2025Q4 2025
Operating CF$2.69B$3.62B$2.17B$1.25B$2.18B$3.77B$2.60B