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Unregulated Distributed Generation — Contract Liabilities

Southern Company Unregulated Distributed Generation — Contract Liabilities increased by 28.8% to $170M in Q1 2026 compared to the prior quarter. This is a positive signal — higher values indicate stronger performance for this metric.

Analysis

StatementSegment
CategoryGrowth
SignalHigher is better
VolatilityModerate
First reportedQ4 2018
Last reportedQ1 2026Apr 30, 2026

How to read this metric

An increase indicates strong customer demand and future revenue backlog, whereas a decrease suggests the realization of previously deferred revenue.

Detailed definition

This metric represents the obligation to provide goods or services to customers for which the company has received consi...

Peer comparison

Comparable to deferred revenue or contract liabilities reported by other utility and renewable energy firms with long-term service agreements.

Metric ID: so_segment_unregulated_distributed_generation_contract_liabilities

Historical Data

10 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q3 '23Q4 '25Q1 '26
Value$24M$19M$39M$54M$38M$37M$32M$47M$132M$170M
QoQ Change-20.8%+105.3%+38.5%-29.6%-2.6%-13.5%+46.9%+180.9%+28.8%
YoY Change+58.3%+94.7%-17.9%+27.0%
Range$19M$170M
CAGR+138.7%
Avg YoY Growth+40.5%
Median YoY Growth+42.7%
Current Streak3 quarters growth

Frequently Asked Questions

What is Southern Company's unregulated distributed generation — contract liabilities?
Southern Company (SO) reported unregulated distributed generation — contract liabilities of $170M in Q1 2026.
What does unregulated distributed generation — contract liabilities mean?
Payments received from customers for distributed energy services that have not yet been earned through the delivery of power or project milestones.