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Southern Company SO Other electric revenues — Total operating revenues

Other product segments

Retail electric revenues
$4.62B
Residential
$2B-3.0%
Commercial
$1.66B+3.2%
Industrial
$942M+3.0%
PPA energy revenues
$496M+19.5%
Transportation
$440M+8.4%
Other natural gas revenues
$284M+9.2%
Non-PPA revenues
$169M+26.1%
PPA capacity revenues
$149M0.0%
Other
$31M0.0%

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Other financials

Income statement

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Revenue$8.4B+8.0%
Operating income$2.0B+0.4%
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$107.1B+2.8%
Enterprise value$181.37B
P/E19.2×
P/S3.4×-0.5×

Profitability

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Operating margin18.7%-2.5pp
Net margin13.1%
FCF margin-5.1%

Returns & leverage

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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:Revenues.

The source filing: Southern Company’s 10-Q, filed April 30, 2026.

Filed
Apr 29, 2026, 5:37 PM EDT
Fiscal quarter
Q1 FY2026
Calendar quarter
Q1 2026
Accession
0000092122-26-000034
Line itemFor the Three Months Ended March 31, 20262025
Operating Revenues:
Retail electric revenues$4,640$4,601
Wholesale electric revenues965744
Other electric revenues265242
Natural gas revenues (includes alternative revenue programs of $(2) and $(19), respectively)2,1911,839
Other revenues336349
Total operating revenues8,3977,775
Operating Expenses:

Item 1. Financial Statements (Unaudited).

FAQ

What is Southern Company's other electric revenues — total operating revenues?
Southern Company (SO) reported other electric revenues — total operating revenues of $265M in Q1 2026.
How has Southern Company's other electric revenues — total operating revenues changed year-over-year?
Southern Company's other electric revenues — total operating revenues increased by 9.5% year-over-year, from $242M to $265M.
What does other electric revenues — total operating revenues mean?
This metric represents the portion of total operating revenues derived from electric utility activities that fall outside of standard retail and wholesale electricity sales. It typically includes ancillary services, such as transmission service revenues, late payment fees, and other miscellaneous electric-related service charges. By isolating these secondary revenue streams, investors can assess the diversification of the utility's income beyond core generation and distribution operations.

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