Current Liabilities
Contract Liabilities
Southern Company Contract Liabilities increased by 20.7% to $257.00M in Q1 2026 compared to the prior quarter. Over 3 years (FY 2020 to FY 2025), Contract Liabilities shows an upward trend with a 51.7% CAGR. This is a positive signal — higher values indicate stronger performance for this metric.
Analysis
StatementBalance Sheet Statement
SectionCurrent Liabilities
CategoryGrowth
SignalHigher is better
VolatilityModerate
First reportedQ4 2018
Last reportedQ1 2026Apr 30, 2026
How to read this metric
An increase suggests strong future revenue visibility and customer demand, while a decrease may indicate faster fulfillment or slowing sales.
Detailed definition
This represents the obligation to transfer goods or services to a customer for which the company has already received co...
Peer comparison
Common in companies with long-term service contracts or subscription-based diagnostic models; peers with high recurring revenue often show higher balances.
Metric ID:
contract_liabilitiesHistorical Data
10 periods
| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q3 '23 | Q4 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Value | $67.00M | $65.00M | $57.00M | $72.00M | $70.00M | $56.00M | $45.00M | $62.00M | $213.00M | $257.00M |
| QoQ Change | — | -3.0% | -12.3% | +26.3% | -2.8% | -20.0% | -19.6% | +37.8% | +243.5% | +20.7% |
| YoY Change | — | — | — | — | +4.5% | -13.8% | -21.1% | +10.7% | — | — |
Range$45.00M – $257.00M
CAGR+81.8%
Avg YoY Growth-4.9%
Median YoY Growth-4.7%
Current Streak3 quarters growth
Product Breakdown
| Segment | Q4 '21 | Q4 '22 | Q4 '25 |
|---|---|---|---|
| Unregulated Distributed Generation | $39.00M | $32.00M | $132.00M |
| Total | $57.00M | $45.00M | $213.00M |
Contract Liabilities at Other Companies
Frequently Asked Questions
- What is Southern Company's contract liabilities?
- Southern Company (SO) reported contract liabilities of $257.00M in Q1 2026.
- What is the long-term trend for Southern Company's contract liabilities?
- Over 3 years (2020 to 2025), Southern Company's contract liabilities has grown at a 51.7% compound annual growth rate (CAGR), from $61.00M to $213.00M.
- What does contract liabilities mean?
- Money received from customers for products or services that have not yet been delivered.