Current Liabilities
Income Taxes Payable
Southern Company Income Taxes Payable increased by 200.0% to $66.00M in Q1 2026 compared to the prior quarter. Over 3 years (FY 2020 to FY 2025), Income Taxes Payable shows a downward trend with a -44.7% CAGR.
Analysis
StatementBalance Sheet Statement
SectionCurrent Liabilities
CategoryRisk
SignalContext dependent
VolatilityModerate
First reportedQ4 2014
Last reportedQ1 2026Apr 30, 2026
How to read this metric
An increase often reflects higher taxable income, while a decrease may indicate tax payments made or lower taxable earnings.
Detailed definition
This represents the current portion of income tax obligations owed to various government taxing authorities based on tax...
Peer comparison
Common across all profitable corporations, varying based on effective tax rates and jurisdictional tax laws.
Metric ID:
income_taxes_payableHistorical Data
10 periods
| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q3 '23 | Q4 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Value | $40.00M | $149.00M | $50.00M | $57.00M | $17.00M | $129.00M | $60.00M | $177.00M | $22.00M | $66.00M |
| QoQ Change | — | +272.5% | -66.4% | +14.0% | -70.2% | +658.8% | -53.5% | +195.0% | -87.6% | +200.0% |
| YoY Change | — | — | — | — | -57.5% | -13.4% | +20.0% | +37.2% | — | — |
Range$17.00M – $177.00M
CAGR+24.9%
Avg YoY Growth-3.4%
Median YoY Growth+3.3%
Income Taxes Payable at Other Companies
Frequently Asked Questions
- What is Southern Company's income taxes payable?
- Southern Company (SO) reported income taxes payable of $66.00M in Q1 2026.
- What is the long-term trend for Southern Company's income taxes payable?
- Over 3 years (2020 to 2025), Southern Company's income taxes payable has grown at a -44.7% compound annual growth rate (CAGR), from $130.00M to $22.00M.
- What does income taxes payable mean?
- The amount of income tax the company owes to government authorities for the current period.