Discontinued — last reported Q4 '25
Southern Company Contract Liabilities increased by 37.8% to $62.00M in Q3 2023 compared to the prior quarter. Year-over-year, this metric grew by 10.7%, from $56.00M to $62.00M. Over 2 years (FY 2020 to FY 2022), Contract Liabilities shows a downward trend with a -14.1% CAGR. This is a positive signal — higher values indicate stronger performance for this metric.
An increase suggests strong future revenue visibility and customer demand, while a decrease may indicate faster fulfillment or slowing sales.
This represents the obligation to transfer goods or services to a customer for which the company has already received co...
Common in companies with long-term service contracts or subscription-based diagnostic models; peers with high recurring revenue often show higher balances.
contract_liabilities| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q3 '23 | |
|---|---|---|---|---|---|---|---|---|
| Value | $67.00M | $65.00M | $57.00M | $72.00M | $70.00M | $56.00M | $45.00M | $62.00M |
| QoQ Change | — | -3.0% | -12.3% | +26.3% | -2.8% | -20.0% | -19.6% | +37.8% |
| YoY Change | — | — | — | — | +4.5% | -13.8% | -21.1% | +10.7% |
| Segment | Q4 '22 |
|---|---|
| Unregulated Distributed Generation | $32.00M |
| Total | $45.00M |