Tax
Income Tax
Southern Company Income Tax decreased by 18.6% to $228.00M in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 18.6%, from $280.00M to $228.00M. This increase may warrant attention — for this metric, lower values are generally preferred.
Analysis
StatementIncome Statement
SectionTax
CategoryProfitability
SignalLower is better
VolatilityStable
First reportedQ1 2013
Last reportedQ1 2026Apr 30, 2026
How to read this metric
An increase relative to pre-tax income may signal a higher effective tax rate or changes in tax legislation, while a decrease may indicate tax benefits or lower jurisdictional rates.
Detailed definition
Represents the total provision for income taxes recognized by the company during the reporting period, including both cu...
Peer comparison
Highly dependent on the company's geographic footprint and tax planning strategies compared to peers.
Metric ID:
income_tax_expenseHistorical Data
8 periods
| Q2 '21 | Q3 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q3 '23 | Q1 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|
| Value | -$12.00M | $372.00M | $173.00M | $304.00M | $414.00M | $297.00M | $280.00M | $228.00M |
| QoQ Change | — | >999% | -53.5% | +75.7% | +36.2% | -28.3% | -5.7% | -18.6% |
| YoY Change | — | — | — | >999% | +11.3% | -28.3% | — | -18.6% |
Range-$12.00M – $414.00M
CAGR+437.9%
Avg YoY Growth+649.4%
Median YoY Growth-3.6%
Current Streak3 quarters decline
Product Breakdown
| Segment | Q2 '21 | Q3 '21 | Q1 '25 |
|---|---|---|---|
| Electric Utilities | $54.75M | $54.75M | $225.00M |
| Total | -$12.00M | $372.00M | $280.00M |
Business Segments
| Segment | Q1 '25 | Q1 '26 |
|---|---|---|
| Reportable Segment | — | $129.00M |
| SOUTHERN POWER CO | -$1.00M | -$70.00M |
| Total | $280.00M | $228.00M |
Income Tax at Other Companies
Frequently Asked Questions
- What is Southern Company's income tax?
- Southern Company (SO) reported income tax of $228.00M in Q1 2026.
- How has Southern Company's income tax changed year-over-year?
- Southern Company's income tax decreased by 18.6% year-over-year, from $280.00M to $228.00M.
- What does income tax mean?
- The total amount of income tax the company is required to pay on its earnings.