Skip to content
Products & Services · Total operating revenues

Wholesale revenues, non-affiliates — Total operating revenues

Southern Company Wholesale revenues, non-affiliates — Total operating revenues increased by 29.1% to $577M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 29.1%, from $447M to $577M.

Analysis

StatementSegment
CategoryGrowth
SignalContext dependent
VolatilityModerate
First reportedQ1 2018
Last reportedQ1 2026Apr 30, 2026
Rolls up toTotal Revenue

How to read this metric

An increase suggests successful utilization of surplus generation capacity or favorable market conditions in wholesale power trading, while a decrease may indicate reduced market demand or a strategic shift toward prioritizing retail load service.

Detailed definition

This metric represents the portion of total operating revenues derived from the sale of electricity to third-party whole...

Peer comparison

Peers with significant merchant generation or wholesale power marketing arms typically report this as a distinct revenue stream, whereas purely retail-focused utilities may have negligible exposure to this metric.

Metric ID: so_segment_wholesale_revenues_non_affiliates_total_operating_revenues

Historical Data

9 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q3 '23Q1 '25Q1 '26
Value$373M$503M$1.22B$426M$658M$835M$479M$447M$577M
QoQ Change+34.9%+143.3%-65.2%+54.5%+26.9%-42.6%-6.7%+29.1%
YoY Change+76.4%+66.0%-42.6%+29.1%
Range$373M$1.22B
CAGR+24.4%
Avg YoY Growth+32.2%
Median YoY Growth+47.5%

Frequently Asked Questions

What is Southern Company's wholesale revenues, non-affiliates — total operating revenues?
Southern Company (SO) reported wholesale revenues, non-affiliates — total operating revenues of $577M in Q1 2026.
How has Southern Company's wholesale revenues, non-affiliates — total operating revenues changed year-over-year?
Southern Company's wholesale revenues, non-affiliates — total operating revenues increased by 29.1% year-over-year, from $447M to $577M.
What does wholesale revenues, non-affiliates — total operating revenues mean?
The percentage of total revenue generated from selling electricity to non-affiliated wholesale customers.