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Wholesale electric revenues — Total revenue from contracts with customers

Southern Company Wholesale electric revenues — Total revenue from contracts with customers increased by 15.6% to $734M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 15.6%, from $635M to $734M. This is a positive signal — higher values indicate stronger performance for this metric.

Analysis

StatementSegment
CategoryGrowth
SignalHigher is better
VolatilityModerate
First reportedQ1 2018
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 in wholesale power markets, while a decrease may indicate lower demand from wholesale partners or reduced surplus capacity.

Detailed definition

This metric represents the total revenue generated from the sale of electricity to wholesale customers, such as other ut...

Peer comparison

Peers with large generation fleets often report this as a distinct revenue stream, though the proportion of total revenue varies based on the company's mix of regulated retail versus merchant power generation.

Metric ID: so_segment_wholesale_electric_revenues_total_revenue_from_contracts_with_customers

Historical Data

9 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q3 '23Q1 '25Q1 '26
Value$382M$547M$513M$534M$783M$1.05B$569M$635M$734M
QoQ Change+43.2%-6.2%+4.1%+46.6%+33.5%-45.6%+11.6%+15.6%
YoY Change+105.0%+91.0%-45.6%+15.6%
Range$382M$1.05B
CAGR+38.6%
Avg YoY Growth+41.5%
Median YoY Growth+53.3%
Current Streak2 quarters growth

Frequently Asked Questions

What is Southern Company's wholesale electric revenues — total revenue from contracts with customers?
Southern Company (SO) reported wholesale electric revenues — total revenue from contracts with customers of $734M in Q1 2026.
How has Southern Company's wholesale electric revenues — total revenue from contracts with customers changed year-over-year?
Southern Company's wholesale electric revenues — total revenue from contracts with customers increased by 15.6% year-over-year, from $635M to $734M.
What does wholesale electric revenues — total revenue from contracts with customers mean?
Total revenue earned from selling electricity to other utility companies and wholesale power purchasers.