Current Liabilities

Customer Deposits, Current1

Southern Company Customer Deposits, Current1 increased by 0.6% to $478.00M in Q1 2026 compared to the prior quarter. Over 3 years (FY 2020 to FY 2025), Customer Deposits, Current1 shows relatively stable performance with a -0.8% CAGR.

Analysis

StatementBalance Sheet Statement
SectionCurrent Liabilities
CategoryLiquidity
SignalContext dependent
VolatilityStable
First reportedQ4 2017
Last reportedQ1 2026Apr 30, 2026

How to read this metric

An increase may reflect a growing customer base or stricter deposit requirements, while a decrease suggests customer churn or refunds.

Detailed definition

Funds held by the company that were provided by customers as security deposits for service. These are typically refundab...

Peer comparison

Common in utility and telecommunications industries where service deposits are standard practice.

Metric ID: current_liabilities_customer_deposits_current1

Historical Data

10 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q3 '23Q4 '25Q1 '26
Value$467.00M$493.00M$479.00M$454.00M$461.00M$516.00M$502.00M$511.00M$475.00M$478.00M
QoQ Change+5.6%-2.8%-5.2%+1.5%+11.9%-2.7%+1.8%-7.0%+0.6%
YoY Change-1.3%+4.7%+4.8%-1.0%
Range$454.00M$516.00M
CAGR+1.0%
Avg YoY Growth+1.8%
Median YoY Growth+1.8%

Frequently Asked Questions

What is Southern Company's customer deposits, current1?
Southern Company (SO) reported customer deposits, current1 of $478.00M in Q1 2026.
What is the long-term trend for Southern Company's customer deposits, current1?
Over 3 years (2020 to 2025), Southern Company's customer deposits, current1 has grown at a -0.8% compound annual growth rate (CAGR), from $487.00M to $475.00M.
What does customer deposits, current1 mean?
Money held by the company that was deposited by customers to secure utility services.