Non-Current Liabilities

Deferred Credits

Southern Company Deferred Credits increased by 1.0% to $34.65B in Q1 2026 compared to the prior quarter. Over 3 years (FY 2020 to FY 2025), Deferred Credits shows relatively stable performance with a 1.0% CAGR.

Analysis

StatementBalance Sheet Statement
SectionNon-Current Liabilities
CategoryLiquidity
SignalContext dependent
VolatilityStable
First reportedQ4 2014
Last reportedQ1 2026Apr 30, 2026

How to read this metric

An increase suggests higher future revenue recognition potential, while a decrease may indicate the fulfillment of obligations or a slowdown in advance payments.

Detailed definition

Deferred credits represent obligations where the company has received payment or value for goods or services that have n...

Peer comparison

Common across companies with long-term service contracts or subscription models, often compared as a percentage of total liabilities.

Metric ID: deferred_credits

Historical Data

10 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q3 '23Q4 '25Q1 '26
Value$33.38B$34.25B$33.93B$34.65B$34.82B$35.06B$33.98B$33.80B$34.32B$34.65B
QoQ Change+2.6%-0.9%+2.1%+0.5%+0.7%-3.1%-0.5%+1.5%+1.0%
YoY Change+4.3%+2.4%+0.2%-3.6%
Range$33.38B$35.06B
CAGR+1.7%
Avg YoY Growth+0.8%
Median YoY Growth+1.3%
Current Streak2 quarters growth

Frequently Asked Questions

What is Southern Company's deferred credits?
Southern Company (SO) reported deferred credits of $34.65B in Q1 2026.
What is the long-term trend for Southern Company's deferred credits?
Over 3 years (2020 to 2025), Southern Company's deferred credits has grown at a 1.0% compound annual growth rate (CAGR), from $33.26B to $34.32B.
What does deferred credits mean?
Income or revenue received in advance that will be recognized as earnings in future periods.