Non-Current Liabilities
Deferred Credits
Southern Company Deferred Credits increased by 1.0% to $34.65B in Q1 2026 compared to the prior quarter. Over 3 years (FY 2020 to FY 2025), Deferred Credits shows relatively stable performance with a 1.0% CAGR.
Analysis
StatementBalance Sheet Statement
SectionNon-Current Liabilities
CategoryProfitability
SignalContext dependent
VolatilityModerate
First reportedQ4 2014
Last reportedQ1 2026Apr 30, 2026
How to read this metric
An increase suggests the company has received cash or credits that will be recognized as revenue later, potentially smoothing future earnings.
Detailed definition
These are liabilities representing revenue or income that has been received but not yet earned, or other credits that wi...
Peer comparison
Common in regulated utilities; peers often report similar items related to regulatory accounting and rate-making processes.
Metric ID:
deferred_creditsHistorical Data
10 periods
| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q3 '23 | Q4 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Value | $33.38B | $34.25B | $33.93B | $34.65B | $34.82B | $35.06B | $33.98B | $33.8B | $34.32B | $34.65B |
| QoQ Change | — | +2.6% | -0.9% | +2.1% | +0.5% | +0.7% | -3.1% | -0.5% | +1.5% | +1.0% |
| YoY Change | — | — | — | — | +4.3% | +2.4% | +0.2% | -3.6% | — | — |
Range$33.38B – $35.06B
CAGR+1.7%
Avg YoY Growth+0.8%
Median YoY Growth+1.3%
Current Streak2 quarters growth
Deferred Credits at Other Companies
Frequently Asked Questions
- What is Southern Company's deferred credits?
- Southern Company (SO) reported deferred credits of $34.65B in Q1 2026.
- What is the long-term trend for Southern Company's deferred credits?
- Over 3 years (2020 to 2025), Southern Company's deferred credits has grown at a 1.0% compound annual growth rate (CAGR), from $33.26B to $34.32B.
- What does deferred credits mean?
- Income received in advance or credits to be recognized in future periods.