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Southern Company SO Purchased power, affiliates — Total cost of sales

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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:CostOfGoodsAndServicesSold.

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 Expenses:
Fuel601524
Purchased power, non-affiliates158161
Purchased power, affiliates289264
Other operations and maintenance672634
Depreciation and amortization484503
Taxes other than income taxes176170
Total operating expenses2,3802,256

Item 1. Financial Statements (Unaudited).

FAQ

What is Southern Company's purchased power, affiliates — total cost of sales?
Southern Company (SO) reported purchased power, affiliates — total cost of sales of $289M in Q1 2026.
How has Southern Company's purchased power, affiliates — total cost of sales changed year-over-year?
Southern Company's purchased power, affiliates — total cost of sales increased by 9.5% year-over-year, from $264M to $289M.
What does purchased power, affiliates — total cost of sales mean?
This metric represents the total cost incurred by the utility for electricity purchased from affiliated generation entities. It reflects the internal transfer of energy resources within the corporate structure to meet customer demand in regulated service territories. Monitoring this cost is essential for understanding the efficiency of the integrated supply chain and the impact of intercompany power procurement on overall cost of sales.

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