Other

Lease income — operating leases

Southern Company Lease income — operating leases increased by 3.0% to $34.00M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 3.0%, from $33.00M to $34.00M. This is a positive signal — higher values indicate stronger performance for this metric.

Analysis

StatementIncome Statement
SectionOther
CategoryProfitability
SignalHigher is better
VolatilityStable
First reportedQ1 2019
Last reportedQ1 2026Apr 30, 2026

How to read this metric

An increase signals higher utilization or expansion of the company's operating lease portfolio.

Detailed definition

Rental income generated from assets held under operating lease agreements. This represents the gross revenue stream from...

Peer comparison

Standard revenue metric for companies with significant leasing operations.

Metric ID: other_operating_lease_lease_income

Historical Data

7 periods
 Q2 '21Q3 '21Q2 '22Q3 '22Q3 '23Q1 '25Q1 '26
Value$56.00M$56.00M$52.00M$50.00M$36.00M$33.00M$34.00M
QoQ Change+0.0%-7.1%-3.8%-28.0%-8.3%+3.0%
YoY Change-7.1%-10.7%-28.0%+3.0%
Range$33.00M$56.00M
CAGR-28.3%
Avg YoY Growth-10.7%
Median YoY Growth-8.9%

Frequently Asked Questions

What is Southern Company's lease income — operating leases?
Southern Company (SO) reported lease income — operating leases of $34.00M in Q1 2026.
How has Southern Company's lease income — operating leases changed year-over-year?
Southern Company's lease income — operating leases increased by 3.0% year-over-year, from $33.00M to $34.00M.
What does lease income — operating leases mean?
Revenue earned from renting out assets under operating leases.