Southern Company Other Revenues — Total revenue from contracts with customers increased by 19.1% to $330.00M in Q3 2023 compared to the prior quarter. Year-over-year, this metric grew by 19.1%, from $277.00M to $330.00M. This is a positive signal — higher values indicate stronger performance for this metric.
An increase suggests higher stability and predictability in non-core revenue streams, whereas a decrease may indicate a reliance on less certain, non-contractual income.
This metric captures the portion of 'Other' segment revenues that are specifically derived from formal contracts with cu...
Similar to 'Contract Revenue' or 'Service Revenue' reported by peers for non-regulated business segments under ASC 606 or IFRS 15 standards.
so_segment_other_revenues_total_revenue_from_contracts_with_customers| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q3 '23 | |
|---|---|---|---|---|---|---|---|
| Value | $295.00M | $248.00M | $283.00M | $225.00M | $308.00M | $277.00M | $330.00M |
| QoQ Change | — | -15.9% | +14.1% | -20.5% | +36.9% | -10.1% | +19.1% |
| YoY Change | — | — | — | — | +4.4% | +11.7% | +19.1% |