Revenue

Variable Lease Income

Southern Company Variable Lease Income decreased by 2.5% to $79.00M in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 2.5%, from $81.00M to $79.00M. This decline may warrant attention — for this metric, higher values are generally preferred.

Analysis

StatementIncome Statement
SectionRevenue
CategoryGrowth
SignalHigher is better
VolatilityModerate
First reportedQ1 2019
Last reportedQ1 2026Apr 30, 2026

How to read this metric

An increase indicates higher client activity levels or successful performance-based contract structures, while a decrease suggests lower utilization of the leased assets.

Detailed definition

This metric represents lease income that is contingent upon usage, performance, or other variable factors rather than fi...

Peer comparison

Common in technology and industrial sectors where equipment usage is tracked and billed variably.

Metric ID: ibm_variable_lease_income

Historical Data

7 periods
 Q2 '21Q3 '21Q2 '22Q3 '22Q3 '23Q1 '25Q1 '26
Value$128.00M$143.00M$129.00M$139.00M$134.00M$81.00M$79.00M
QoQ Change+11.7%-9.8%+7.8%-3.6%-39.6%-2.5%
YoY Change+0.8%-2.8%-3.6%-2.5%
Range$79.00M$143.00M
CAGR-27.5%
Avg YoY Growth-2.0%
Median YoY Growth-2.6%
Current Streak3 quarters decline

Frequently Asked Questions

What is Southern Company's variable lease income?
Southern Company (SO) reported variable lease income of $79.00M in Q1 2026.
How has Southern Company's variable lease income changed year-over-year?
Southern Company's variable lease income decreased by 2.5% year-over-year, from $81.00M to $79.00M.
What does variable lease income mean?
Lease income that fluctuates based on usage or performance metrics rather than fixed schedules.