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Products & Services · Total cost of sales

Natural gas — Total cost of sales

Southern Company Natural gas — Total cost of sales increased by 37.4% to $926M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 37.4%, from $674M to $926M. This increase may warrant attention — for this metric, lower values are generally preferred.

Analysis

StatementSegment
CategoryProfitability
SignalLower is better
VolatilityVolatile
First reportedQ1 2016
Last reportedQ1 2026Apr 30, 2026

How to read this metric

An increase typically reflects higher commodity prices or increased demand, which may be offset by regulatory recovery mechanisms, while a decrease suggests lower procurement costs or reduced volume requirements.

Detailed definition

This metric represents the aggregate direct expenses incurred by the natural gas segment to procure, transport, and deli...

Peer comparison

Comparable to 'Cost of Gas Sold' or 'Fuel and Purchased Power' expenses reported by other diversified utilities and natural gas distribution companies.

Metric ID: so_segment_natural_gas_total_cost_of_sales

Historical Data

9 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q3 '23Q1 '25Q1 '26
Value$231M$129M$676M$1.1B$452M$294M$102M$674M$926M
QoQ Change-44.2%+424.0%+62.0%-58.7%-35.0%-65.3%+560.8%+37.4%
YoY Change+95.7%+127.9%-65.3%+37.4%
Range$102M$1.1B
CAGR+100.2%
Avg YoY Growth+48.9%
Median YoY Growth+66.5%
Current Streak2 quarters growth

Frequently Asked Questions

What is Southern Company's natural gas — total cost of sales?
Southern Company (SO) reported natural gas — total cost of sales of $926M in Q1 2026.
How has Southern Company's natural gas — total cost of sales changed year-over-year?
Southern Company's natural gas — total cost of sales increased by 37.4% year-over-year, from $674M to $926M.
What does natural gas — total cost of sales mean?
The total direct expense incurred by the natural gas business segment to acquire and supply gas to customers.