Net Income

Net Income

Southern Company Net Income increased by 1.6% to $1.36B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 1.6%, from $1.33B to $1.36B. This is a positive signal — higher values indicate stronger performance for this metric.

Analysis

StatementIncome Statement
SectionNet Income
CategoryProfitability
SignalHigher is better
VolatilityModerate
First reportedQ1 2013
Last reportedQ1 2026Apr 30, 2026

How to read this metric

Higher values indicate greater profitability and financial health, directly impacting shareholder value.

Detailed definition

The final bottom-line profit of the company after all operating expenses, non-operating expenses, and income taxes have...

Peer comparison

The most common metric for evaluating company performance against industry competitors.

Metric ID: net_income

Historical Data

8 periods
 Q2 '21Q3 '21Q1 '22Q2 '22Q3 '22Q3 '23Q1 '25Q1 '26
Value$372.00M$1.10B$991.00M$1.11B$1.47B$1.43B$1.33B$1.36B
QoQ Change+196.0%-10.0%+11.7%+33.0%-2.7%-6.8%+1.6%
YoY Change+197.6%+33.7%-2.7%+1.6%
Range$372.00M$1.47B
CAGR+109.4%
Avg YoY Growth+57.6%
Median YoY Growth+17.7%

Business Segments

View all
SegmentQ1 '22Q2 '22Q3 '22Q3 '23Q1 '25Q1 '26
Reportable Segment$628.00M
SOUTHERN POWER CO$98.00M$95.00M$87.00M$4.00M
Corporate And Other-$125.00M-$152.00M-$179.00M
Southern Power$72.00M$95.00M$100.00M
Total$991.00M$1.11B$1.47B$1.43B$1.33B$1.36B

Corporate And Other, Gas Marketing Services, Gas Pipeline Investments, Southern Power, Traditional Electric Operating Companies were previously reported and have since been discontinued or reclassified. Only currently active segments are shown in the chart.

Frequently Asked Questions

What is Southern Company's net income?
Southern Company (SO) reported net income of $1.36B in Q1 2026.
How has Southern Company's net income changed year-over-year?
Southern Company's net income increased by 1.6% year-over-year, from $1.33B to $1.36B.
What does net income mean?
The total profit remaining after all costs, expenses, and taxes have been paid.