What is Southern Company's net income (NCI)?

Southern Company (SO) reported net income (NCI) of -$18M in Q1 2026.

How has Southern Company's net income (NCI) changed year-over-year?

Southern Company's net income (NCI) increased by 71.9% year-over-year, from -$64M to -$18M.

What does net income (NCI) mean?

The portion of net income attributable to minority shareholders in subsidiaries that are not 100% owned by the parent company. Deducted to arrive at net income attributable to the parent.

Southern Company SO Net Income (NCI)

Net Income (NCI) at other companies

EVR

EvergyEVRG

$3.1M0.0%

Dominion EnergyD

——

Nextra EnergyNEE

——

CMS

CMS EnergyCMS

——

Other financials

Income statement

See full

Revenue$8.4B+8.0%

Gross profit$5.0B—

Operating income$2.0B+0.4%

Net income$1.4B+1.6%

EPS (diluted)$1.20-0.8%

Balance sheet

See full

Cash & equivalents$987.0M-57.7%

Total debt$75.3B—

Total equity$39.9B+7.2%

Total assets$157.03B—

Cash flow

See full

Operating cash flow$1.2B-1.9%

CapEx$2.9B+20.8%

Free cash flow-$1.7B-44.7%

Valuation

See full

Market cap$108.12B+10.0%

Enterprise value$182.39B—

P/E19.3×—

P/S3.4×-0.5×

Profitability

See full

Operating margin18.7%-2.5pp

Net margin13.1%—

FCF margin-5.1%—

Returns & leverage

See full

Return on equity9%—

Debt / equity1.9×—

Current ratio0.7×—

Where this comes from

Reported directly by Southern Company in its filing.

Tagged under the XBRL concept us-gaap:NetIncomeLossAttributableToNoncontrollingInterest.

The official record: Southern Company’s 10-Q, filed April 30, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Southern Company's net income (NCI)?: Southern Company (SO) reported net income (NCI) of -$18M in Q1 2026.
How has Southern Company's net income (NCI) changed year-over-year?: Southern Company's net income (NCI) increased by 71.9% year-over-year, from -$64M to -$18M.
What does net income (NCI) mean?: The portion of net income attributable to minority shareholders in subsidiaries that are not 100% owned by the parent company. Deducted to arrive at net income attributable to the parent.