The Southern Company (SO) Financials
Key financial figures for The Southern Company (Q3 2026).
Southern Company Q3 2026 adjusted EPS rose to $1.94 from $1.60 (GAAP $1.77 vs $1.55) on revenue up 13.0% to $8,843M, with total retail kWh sales up 7.7%. Operating revenues were $8,843M versus $7,823M a year earlier (+13.0%); operating income was $3,000M versus $2,594M. Net income attributable to Southern Company was $2,046M versus $1,711M (+19.6%). EPS excluding items was $1.94 versus $1.60 (+$0.34); as-reported basic EPS was $1.77 versus $1.55 (diluted $1.76 versus $1.54). Nine-month EPS excluding items was $4.40 versus $3.76. Figures are for Q3 2026, as The Southern Company reported them.
- Revenue
- $8.8B
- Net Income
- $2.0B
- EPS
- $1.77
- Total Assets
- $164.2B
- Operating Cash Flow
- $3.6B
Recent quarters
| Period | Revenue | Net Income | EPS | Operating Margin | Free Cash Flow |
|---|---|---|---|---|---|
| Q3 FY2026 | $8.8B | $2.0B | $1.76 | 33.93% | $39M |
| Q2 FY2026 | $7.0B | $1.2B | $1.03 | 25.46% | |
| Q1 FY2026 | $8.4B | $1.4B | $1.20 | 24.03% | -$1.7B |
| Q4 FY2025 | $7.0B | $416M | $0.37 | 13.05% | -$1.7B |
| Q3 FY2025 | $7.8B | $1.7B | $1.54 | 33.16% | $384M |
Recent fiscal years
| Period | Revenue | Net Income | EPS | Operating Margin | Free Cash Flow |
|---|---|---|---|---|---|
| FY2025 | $29.6B | $4.3B | $3.92 | 24.6% | -$2.9B |
| FY2024 | $26.7B | $4.4B | $3.99 | 26.45% | $833M |
| FY2023 | $25.3B | $4.0B | $3.62 | 23.07% | -$1.5B |
Frequently asked questions
What was The Southern Company's revenue last quarter?
The Southern Company reported revenue of $8.84 billion for Q3 FY2026, up 13.0% from the same period a year earlier.
Is The Southern Company profitable?
Yes. The Southern Company reported net income of $2.05 billion for Q3 FY2026, a net margin of 23.14% on revenue.
How has The Southern Company's margin trended?
Operating margin was 33.93% in Q3 FY2026, compared with 33.16% in the same period a year earlier. The quarter by quarter series is on the SentiSense financials page.
How much free cash flow did The Southern Company generate?
The Southern Company generated free cash flow of $39.0 million in Q3 FY2026, after capital expenditure.
Full income statement, balance sheet and cash flow for The Southern Company on SentiSense, with up to forty quarters and twenty fiscal years of history.