The Southern Company (SO) income statement
NYSE · Utilities · Regulated Electric · 29,651 employees · CEO Christopher C. Womack
- Price
- $93.71 +0.77%
- Market cap
- $108B
- Enterprise value
- $182B
- Last report
- Q2 '26 filed 2026-07-30
- Next report
- 2026-11-05 EPS est. $1.71
The Southern Company (SO) reported revenue of $6.98B for Q2 '26 (+0.1% year on year), operating income of $1.78B (25.5% of revenue) and net income of $1.17B. Over the last four quarters revenue was $30.2B.
Income statement
| Income statement | Trend | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | Q2 '26 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $6.98B | $6.05B | $6.65B | $6.46B | $7.27B | $6.34B | $7.78B | $6.97B | $7.82B | $6.98B | $8.4B | $6.98B | |
| Cost of revenue | $3.23B | $3.56B | $3.4B | $2.98B | $3.32B | $3.68B | $4.03B | $3.48B | $3.52B | $5.67B | $4.5B | $3.4B | |
| Gross profit | $3.75B | $2.49B | $3.24B | $3.48B | $3.95B | $2.66B | $3.74B | $3.49B | $4.3B | $1.31B | $3.9B | $3.58B | |
| Other operating expenses | $1.64B | $1.28B | $1.54B | $1.55B | $1.59B | $1.6B | $1.73B | $1.73B | $1.71B | $402M | $1.88B | $1.8B | |
| Operating expenses | $1.64B | $1.28B | $1.54B | $1.55B | $1.59B | $1.6B | $1.73B | $1.73B | $1.71B | $402M | $1.88B | $1.8B | |
| Operating income | $2.11B | $1.21B | $1.7B | $1.94B | $2.37B | $1.06B | $2.01B | $1.76B | $2.59B | $911M | $2.02B | $1.78B | |
| Interest expense | $620M | $634M | $665M | $694M | $692M | $693M | $714M | $874M | $755M | $962M | $778M | $796M | |
| Other non-operating income (gains on investments, FX ...) | -$239M | -$227M | -$256M | -$233M | -$236M | -$180M | -$254M | -$252M | -$272M | -$247M | -$326M | $0 | |
| Total non-operating income | -$381M | -$407M | -$409M | -$461M | -$456M | -$513M | -$460M | -$622M | -$483M | -$715M | -$452M | -$401M | |
| Income before tax | $1.73B | $800M | $1.29B | $1.48B | $1.91B | $545M | $1.55B | $1.14B | $2.11B | $196M | $1.57B | $1.38B | |
| Income tax | $297M | $4M | $223M | $290M | $377M | $79M | $280M | $289M | $400M | -$145M | $228M | $201M | |
| Net income | $1.42B | $855M | $1.13B | $1.2B | $1.54B | $534M | $1.33B | $880M | $1.71B | $416M | $1.36B | $1.17B | |
| EPS (basic) | $1.30 | $0.78 | $1.03 | $1.10 | $1.40 | $0.49 | $1.21 | $0.80 | $1.55 | $0.38 | $1.21 | $1.03 | |
| EPS (diluted) | $1.29 | $0.78 | $1.03 | $1.09 | $1.39 | $0.48 | $1.21 | $0.80 | $1.54 | $0.37 | $1.20 | $1.03 | |
| Shares (basic, weighted) | 1.09B | 1.09B | 1.09B | 1.1B | 1.1B | 1.1B | 1.1B | 1.1B | 1.1B | 1.1B | 1.12B | 1.14B | |
| Shares (diluted, weighted) | 1.1B | 1.1B | 1.1B | 1.1B | 1.1B | 1.11B | 1.11B | 1.11B | 1.11B | 1.11B | 1.13B | 1.14B | |
| Depreciation & amortization | $1.26B | $1.29B | $1.26B | $1.31B | $1.34B | $1.35B | $1.41B | $1.45B | $1.57B | $1.61B | $1.58B | $1.6B | |
| EBITDA | $3.61B | $2.72B | $3.22B | $3.48B | $3.95B | $2.59B | $3.68B | $3.47B | $4.43B | $2.76B | $3.92B | $3.37B |
| Income statement | Trend | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $19.9B | $23B | $23.5B | $21.4B | $20.4B | $23.1B | $29.3B | $25.3B | $26.7B | $29.6B | |
| Cost of revenue | $11.4B | $13.1B | $13.9B | $11.8B | $10.5B | $12.9B | $18.7B | $13.5B | $13.4B | $20.7B | |
| Gross profit | $8.53B | $9.92B | $9.62B | $9.6B | $9.9B | $10.2B | $10.6B | $11.7B | $13.3B | $8.81B | |
| Other operating expenses | $4.04B | $7.58B | $5.43B | $1.87B | $5.01B | $6.55B | $5.26B | $5.88B | $6.27B | $1.54B | |
| Operating expenses | $4.04B | $7.58B | $5.43B | $1.87B | $5.01B | $6.55B | $5.26B | $5.88B | $6.27B | $1.54B | |
| Operating income | $4.49B | $2.33B | $4.19B | $7.74B | $4.89B | $3.7B | $5.37B | $5.83B | $7.07B | $7.27B | |
| Interest expense | $1.32B | $1.69B | $1.84B | $1.74B | $1.82B | $1.84B | $2.02B | $2.45B | $2.74B | $3.31B | |
| Other non-operating income (gains on investments, FX ...) | -$311M | -$429M | -$400M | -$542M | -$432M | -$715M | -$875M | -$965M | -$904M | -$1.03B | |
| Total non-operating income | -$1.01B | -$1.27B | -$1.44B | -$1.19B | -$1.39B | -$1.12B | -$1.15B | -$1.48B | -$1.84B | -$2.27B | |
| Income before tax | $3.48B | $1.07B | $2.75B | $6.54B | $3.5B | $2.58B | $4.22B | $4.35B | $5.23B | $5B | |
| Income tax | $951M | $142M | $449M | $1.8B | $393M | $267M | $795M | $496M | $969M | $828M | |
| Net income | $2.49B | $880M | $2.24B | $4.75B | $3.13B | $2.41B | $3.54B | $3.98B | $4.4B | $4.34B | |
| EPS (basic) | $2.47 | $0.84 | $2.15 | $4.50 | $2.95 | $2.26 | $3.28 | $3.64 | $4.02 | $3.94 | |
| EPS (diluted) | $2.47 | $0.84 | $2.15 | $4.50 | $2.95 | $2.26 | $3.26 | $3.62 | $3.99 | $3.92 | |
| Shares (basic, weighted) | 990M | 1.01B | 1.03B | 1.05B | 1.06B | 1.06B | 1.08B | 1.09B | 1.1B | 1.1B | |
| Shares (diluted, weighted) | 990M | 1.01B | 1.03B | 1.05B | 1.06B | 1.06B | 1.08B | 1.1B | 1.1B | 1.11B | |
| Depreciation & amortization | $2.92B | $3.46B | $3.55B | $3.33B | $3.91B | $3.97B | $4.06B | $4.99B | $5.27B | $6.03B | |
| EBITDA | $7.72B | $6.22B | $8.14B | $11.6B | $9.22B | $8.39B | $10.3B | $11.8B | $13.2B | $14.3B |
Standardised by Financial Modeling Prep from the company's filings; outflows and costs keep the sign the provider reports. Hover a period for its end date. Amounts in USD.
Revenue, operating income and growth
quarterlyMargins
quarterlyCosts as % of revenue
quarterlyThe other statements
Sources
Statements, segment revenue, metrics, estimates: Financial Modeling Prep. Segment profits and every reported line: SEC EDGAR (XBRL). Filings read: 10-Q 2026-06-30, 10-Q 2026-03-31, 10-K 2025-12-31, 10-Q 2025-09-30, 10-Q 2025-06-30, 10-Q 2025-03-31, 10-K 2024-12-31, 10-Q 2024-09-30, 10-Q 2024-06-30
Data as of 2026-11-01