Non-Current Assets

Construction work in progress

Southern Company Construction work in progress increased by 7.1% to $11.28B in Q1 2026 compared to the prior quarter.

Analysis

StatementBalance Sheet Statement
SectionNon-Current Assets
CategoryCapital Allocation
SignalContext dependent
VolatilityModerate
First reportedQ4 2022
Last reportedQ4 2024

How to read this metric

An increase suggests significant ongoing capital investment for future capacity expansion, while a decrease may indicate project completions or reduced infrastructure spending.

Detailed definition

Represents the total costs incurred for utility infrastructure projects, such as power plants and transmission lines, th...

Peer comparison

Common across all regulated utilities; peers with higher growth targets typically maintain higher WIP balances.

Metric ID: utility_construction_wip

Historical Data

2 periods
 Q4 '25Q1 '26
Value$10.53B$11.28B
QoQ Change+7.1%
Range$10.53B$11.28B

Frequently Asked Questions

What is Southern Company's construction work in progress?
Southern Company (SO) reported construction work in progress of $11.28B in Q1 2026.
What does construction work in progress mean?
The total cost of utility infrastructure projects currently being built but not yet operational.