Current Liabilities
Income Taxes Payable
Southern Company Income Taxes Payable increased by 200.0% to $66M in Q1 2026 compared to the prior quarter. Over 3 years (FY 2020 to FY 2025), Income Taxes Payable shows a downward trend with a -44.7% CAGR.
Analysis
StatementBalance Sheet Statement
SectionCurrent Liabilities
CategoryLiquidity
SignalContext dependent
VolatilityModerate
First reportedQ4 2014
Last reportedQ1 2026Apr 30, 2026
How to read this metric
An increase typically reflects higher taxable income or timing differences in tax payments, while a decrease suggests tax payments have been settled.
Detailed definition
This represents the current tax liability owed to government authorities based on taxable income earned to date. It refl...
Peer comparison
Standard across all industries; utility tax liabilities are often influenced by regulatory rate-making and depreciation tax shields.
Metric ID:
income_taxes_payableHistorical Data
10 periods
| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q3 '23 | Q4 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Value | $40M | $149M | $50M | $57M | $17M | $129M | $60M | $177M | $22M | $66M |
| QoQ Change | — | +272.5% | -66.4% | +14.0% | -70.2% | +658.8% | -53.5% | +195.0% | -87.6% | +200.0% |
| YoY Change | — | — | — | — | -57.5% | -13.4% | +20.0% | +37.2% | — | — |
Range$17M – $177M
CAGR+24.9%
Avg YoY Growth-3.4%
Median YoY Growth+3.3%
Income Taxes Payable at Other Companies
Frequently Asked Questions
- What is Southern Company's income taxes payable?
- Southern Company (SO) reported income taxes payable of $66M in Q1 2026.
- What is the long-term trend for Southern Company's income taxes payable?
- Over 3 years (2020 to 2025), Southern Company's income taxes payable has grown at a -44.7% compound annual growth rate (CAGR), from $130M to $22M.
- What does income taxes payable mean?
- The amount of income tax the company owes to the government for the current period.