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Wholesale electric revenues — Total operating revenues

Southern Company Wholesale electric revenues — Total operating revenues increased by 29.7% to $965M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 29.7%, from $744M to $965M.

Analysis

StatementSegment
CategoryGrowth
SignalContext dependent
VolatilityModerate
First reportedQ1 2021
Last reportedQ1 2026Apr 30, 2026
Rolls up toTotal Revenue

How to read this metric

An increase suggests higher utilization of generation assets or favorable market pricing for wholesale power, while a decrease may indicate reduced demand from wholesale partners or a strategic shift toward retail-focused operations.

Detailed definition

This metric represents the portion of total operating revenues derived from the sale of electricity to wholesale custome...

Peer comparison

Comparable to wholesale power sales or non-regulated generation revenue reported by other large vertically integrated utilities or independent power producers.

Metric ID: so_segment_wholesale_electric_revenues_total_operating_revenues

Historical Data

8 periods
 Q2 '21Q3 '21Q1 '22Q2 '22Q3 '22Q3 '23Q1 '25Q1 '26
Value$546M$731M$664M$937M$1.2B$727M$744M$965M
QoQ Change+33.9%-9.2%+41.1%+27.7%-39.3%+2.3%+29.7%
YoY Change+71.6%+63.7%-39.3%+29.7%
Range$546M$1.2B
CAGR+38.5%
Avg YoY Growth+31.4%
Median YoY Growth+46.7%
Current Streak2 quarters growth

Frequently Asked Questions

What is Southern Company's wholesale electric revenues — total operating revenues?
Southern Company (SO) reported wholesale electric revenues — total operating revenues of $965M in Q1 2026.
How has Southern Company's wholesale electric revenues — total operating revenues changed year-over-year?
Southern Company's wholesale electric revenues — total operating revenues increased by 29.7% year-over-year, from $744M to $965M.
What does wholesale electric revenues — total operating revenues mean?
The percentage of total revenue generated from selling electricity to other utilities and wholesale buyers rather than directly to retail consumers.