What is Southern Company's operating income?

Southern Company (SO) reported operating income of $2.02B in Q1 2026.

How has Southern Company's operating income changed year-over-year?

Southern Company's operating income increased by 0.4% year-over-year, from $2.01B to $2.02B.

What does operating income mean?

Gross profit minus all operating expenses (SG&A, R&D, D&A). Measures the profit from core business operations before interest, taxes, and non-operating items.

Southern Company SO Operating Income

Operating Income at other companies

American Electric PowerAEP

$1.36B+5.9%

Dominion EnergyD

$1.39B+13.8%

Nextra EnergyNEE

$2.21B-2.1%

SpireSR

$303.5M+9.2%

Duke EnergyDUK

$1.83B+7.2%

BKH

Black HillsBKH

$201.9M-1.5%

Other financials

Income statement

See full

Revenue$8.4B+8.0%

Gross profit$5.0B—

Net income$1.4B+1.6%

EPS (diluted)$1.20-0.8%

Balance sheet

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Cash & equivalents$987.0M-57.7%

Total debt$75.3B—

Total equity$39.9B+7.2%

Total assets$157.03B—

Cash flow

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Operating cash flow$1.2B-1.9%

CapEx$2.9B+20.8%

Free cash flow-$1.7B-44.7%

Valuation

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Market cap$108.12B+10.0%

Enterprise value$182.39B—

P/E19.3×—

P/S3.4×-0.5×

Profitability

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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:OperatingIncomeLoss.

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 operating income?: Southern Company (SO) reported operating income of $2.02B in Q1 2026.
How has Southern Company's operating income changed year-over-year?: Southern Company's operating income increased by 0.4% year-over-year, from $2.01B to $2.02B.
What does operating income mean?: Gross profit minus all operating expenses (SG&A, R&D, D&A). Measures the profit from core business operations before interest, taxes, and non-operating items.