SOUTHERN CO
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| Metric | Q1 2026 | Q1 2025 | YoY |
|---|---|---|---|
| Income Loss From Equity Method Investments | 50 | 32 | +56.2% |
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| Electric Utilities · Operating Segments | -1 | -2 | +50.0% |
| Gas Pipeline Investments · SOUTHERN Co GAS | 46 | 39 | +17.9% |
| SOUTHERN Co GAS · Operating Segments | 46 | 39 | +17.9% |
| Traditional Electric Operating Companies · Operating Segments | -1 | -2 | +50.0% |
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| SOUTHERN Co GAS | 46 | 39 | +17.9% |
| SOUTHERN Co GAS · Operating Segments | 46 | 39 | +17.9% |
| SOUTHERN Co GAS · SNG | 46 | 39 | +17.9% |
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| Corporate Non Segment | 5 | -4 | +225.0% |
| Operating Segments | 45 | 37 | +21.6% |
| EPS (Basic) | 1.21 | 1.21 | 0.0% |
| EPS (Diluted) | 1.2 | 1.21 | -0.8% |
| Wtd Avg Shares (Basic) | 1,124 | 1,100 | +2.2% |
| Wtd Avg Shares (Diluted) | 1,128 | 1,105 | +2.1% |
| Revenue | 8,397 | 7,775 | +8.0% |
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| Alternative Energy | -2 | -19 | +89.5% |
| Natural Gas | 2,191 | 1,839 | +19.1% |
| Other electric revenues | 265 | 242 | +9.5% |
| Product And Service Other | 336 | 349 | -3.7% |
| Product And Service Other · ALABAMA POWER CO | 128 | 129 | -0.8% |
| Product And Service Other · GEORGIA POWER CO | 277 | 263 | +5.3% |
| Product And Service Other · MISSISSIPPI POWER CO | 15 | 20 | -25.0% |
| Product And Service Other · SOUTHERN POWER CO | 4 | 4 | 0.0% |
| Retail | 4,640 | 4,601 | +0.8% |
| Retail · ALABAMA POWER CO | 1,728 | 1,723 | +0.3% |
| Retail · GEORGIA POWER CO | 2,638 | 2,630 | +0.3% |
| Retail · MISSISSIPPI POWER CO | 273 | 248 | +10.1% |
| Wholesale electric revenues | 965 | 744 | +29.7% |
| Wholesale electric revenues · GEORGIA POWER CO | 227 | 144 | +57.6% |
| Wholesale revenues, affiliates · ALABAMA POWER CO | 119 | 69 | +72.5% |
| Wholesale revenues, affiliates · MISSISSIPPI POWER CO | 97 | 81 | +19.8% |
| Wholesale revenues, affiliates · SOUTHERN POWER CO | 100 | 116 | -13.8% |
| Wholesale revenues, non-affiliates · ALABAMA POWER CO | 117 | 91 | +28.6% |
| Wholesale revenues, non-affiliates · MISSISSIPPI POWER CO | 87 | 71 | +22.5% |
| Wholesale revenues, non-affiliates · SOUTHERN POWER CO | 577 | 447 | +29.1% |
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| Electric Utilities · Intersegment Elimination | -141 | -123 | -14.6% |
| Electric Utilities · Operating Segments | 6,022 | 5,755 | +4.6% |
| Gas distribution operations · SOUTHERN Co GAS | 1,900 | 1,570 | +21.0% |
| Gas marketing services · SOUTHERN Co GAS | 285 | 261 | +9.2% |
| Gas Pipeline Investments · SOUTHERN Co GAS | 8 | 8 | 0.0% |
| Reportable Segment · ALABAMA POWER CO | 2,092 | 2,012 | +4.0% |
| Reportable Segment · GEORGIA POWER CO | 3,142 | 3,037 | +3.5% |
| Reportable Segment · MISSISSIPPI POWER CO | 472 | 420 | +12.4% |
| Reportable Segment · SOUTHERN POWER CO | 681 | 567 | +20.1% |
| SOUTHERN Co GAS · Operating Segments | 2,191 | 1,839 | +19.1% |
| SOUTHERN POWER CO · Operating Segments | 681 | 567 | +20.1% |
| Traditional Electric Operating Companies · Operating Segments | 5,482 | 5,311 | +3.2% |
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| ALABAMA POWER CO | 2,092 | 2,012 | +4.0% |
| GEORGIA POWER CO | 3,142 | 3,037 | +3.5% |
| MISSISSIPPI POWER CO | 472 | 420 | +12.4% |
| SOUTHERN Co GAS | 2,191 | 1,839 | +19.1% |
| SOUTHERN Co GAS · Corporate Non Segment | 2 | 4 | -50.0% |
| SOUTHERN Co GAS · Intersegment Elimination | -4 | -4 | 0.0% |
| SOUTHERN Co GAS · Operating Segments | 2,193 | 1,839 | +19.2% |
| SOUTHERN POWER CO | 681 | 567 | +20.1% |
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| Corporate Non Segment | 218 | 229 | -4.8% |
| Intersegment Elimination | -34 | -48 | +29.2% |
| Operating Segments | 8,213 | 7,594 | +8.2% |
| Cost of Revenue (Q) | — | — | — |
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| Electricity Purchased | 244 | 250 | -2.4% |
| Electricity Purchased · ALABAMA POWER CO | 73 | 69 | +5.8% |
| Electricity Purchased · GEORGIA POWER CO | 158 | 161 | -1.9% |
| Electricity Purchased · SOUTHERN POWER CO | 58 | 28 | +107.1% |
| Fuel | 1,491 | 1,292 | +15.4% |
| Fuel and purchased power · MISSISSIPPI POWER CO | 205 | 166 | +23.5% |
| Fuel · ALABAMA POWER CO | 428 | 386 | +10.9% |
| Fuel · GEORGIA POWER CO | 601 | 524 | +14.7% |
| Fuel · SOUTHERN POWER CO | 254 | 207 | +22.7% |
| Natural Gas Us Regulated | 926 | 674 | +37.4% |
| Product And Service Other | 181 | 199 | -9.0% |
| Purchased power, affiliates · ALABAMA POWER CO | 73 | 55 | +32.7% |
| Purchased power, affiliates · GEORGIA POWER CO | 289 | 264 | +9.5% |
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| SOUTHERN Co GAS | 926 | 674 | +37.4% |
| Utilities Operating Expense Maintenance And Operations | 1,653 | 1,619 | +2.1% |
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| Reportable Segment · ALABAMA POWER CO | 375 | 440 | -14.8% |
| Reportable Segment · GEORGIA POWER CO | 578 | 536 | +7.8% |
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| ALABAMA POWER CO | 393 | 463 | -15.1% |
| GEORGIA POWER CO | 672 | 634 | +6.0% |
| MISSISSIPPI POWER CO | 88 | 84 | +4.8% |
| SOUTHERN Co GAS | 343 | 316 | +8.5% |
| SOUTHERN POWER CO | 137 | 123 | +11.4% |
| Depreciation And Amortization Excluding Nuclear Fuel | 1,420 | 1,286 | +10.4% |
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| Electric Utilities · Operating Segments | 1,220 | 1,099 | +11.0% |
| Gas distribution operations · SOUTHERN Co GAS | 179 | 164 | +9.1% |
| Gas marketing services · SOUTHERN Co GAS | 2 | 3 | -33.3% |
| Gas Pipeline Investments · SOUTHERN Co GAS | 1 | 1 | 0.0% |
| Reportable Segment · ALABAMA POWER CO | 381 | 370 | +3.0% |
| Reportable Segment · GEORGIA POWER CO | 484 | 503 | -3.8% |
| Reportable Segment · MISSISSIPPI POWER CO | 55 | 52 | +5.8% |
| Reportable Segment · SOUTHERN POWER CO | 278 | 152 | +82.9% |
| SOUTHERN Co GAS · Operating Segments | 183 | 169 | +8.3% |
| SOUTHERN POWER CO · Operating Segments | 278 | 152 | +82.9% |
| Traditional Electric Operating Companies · Operating Segments | 942 | 947 | -0.5% |
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| ALABAMA POWER CO | 381 | 370 | +3.0% |
| GEORGIA POWER CO | 484 | 503 | -3.8% |
| MISSISSIPPI POWER CO | 55 | 52 | +5.8% |
| SOUTHERN Co GAS | 183 | 169 | +8.3% |
| SOUTHERN Co GAS · Corporate Non Segment | 1 | 1 | 0.0% |
| SOUTHERN Co GAS · Operating Segments | 182 | 168 | +8.3% |
| SOUTHERN POWER CO | 278 | 152 | +82.9% |
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| Corporate Non Segment | 17 | 18 | -5.6% |
| Operating Segments | 1,403 | 1,268 | +10.6% |
| Taxes Excluding Income And Excise Taxes | 464 | 445 | +4.3% |
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| ALABAMA POWER CO | 133 | 131 | +1.5% |
| GEORGIA POWER CO | 176 | 170 | +3.5% |
| MISSISSIPPI POWER CO | 36 | 33 | +9.1% |
| SOUTHERN Co GAS | 105 | 97 | +8.2% |
| SOUTHERN POWER CO | 13 | 12 | +8.3% |
| Total Costs & Expenses | 6,379 | 5,765 | +10.7% |
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| ALABAMA POWER CO | 1,481 | 1,474 | +0.5% |
| GEORGIA POWER CO | 2,380 | 2,256 | +5.5% |
| MISSISSIPPI POWER CO | 384 | 335 | +14.6% |
| SOUTHERN Co GAS | 1,557 | 1,256 | +24.0% |
| SOUTHERN POWER CO | 740 | 522 | +41.8% |
| Operating Income | 2,018 | 2,010 | +0.4% |
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| ALABAMA POWER CO | 611 | 538 | +13.6% |
| GEORGIA POWER CO | 762 | 781 | -2.4% |
| MISSISSIPPI POWER CO | 88 | 85 | +3.5% |
| SOUTHERN Co GAS | 634 | 583 | +8.7% |
| SOUTHERN POWER CO | -59 | 45 | -231.1% |
| Public Utilities Allowance For Funds Used During Construction Capitalized Cost Of Equity | 121 | 73 | +65.8% |
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| ALABAMA POWER CO | 19 | 18 | +5.6% |
| GEORGIA POWER CO | 97 | 48 | +102.1% |
| Interest And Debt Expense | -778 | -714 | -9.0% |
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| Electric Utilities · Operating Segments | -366 | -342 | -7.0% |
| Gas distribution operations · SOUTHERN Co GAS | -91 | -82 | -11.0% |
| Gas marketing services · SOUTHERN Co GAS | -1 | -1 | 0.0% |
| Gas Pipeline Investments · SOUTHERN Co GAS | -9 | -9 | 0.0% |
| Reportable Segment · ALABAMA POWER CO | -115 | -108 | -6.5% |
| Reportable Segment · GEORGIA POWER CO | -204 | -187 | -9.1% |
| Reportable Segment · MISSISSIPPI POWER CO | -20 | -20 | 0.0% |
| Reportable Segment · SOUTHERN POWER CO | -27 | -26 | -3.8% |
| SOUTHERN Co GAS · Operating Segments | -105 | -92 | -14.1% |
| SOUTHERN POWER CO · Operating Segments | -27 | -26 | -3.8% |
| Traditional Electric Operating Companies · Operating Segments | -339 | -316 | -7.3% |
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| ALABAMA POWER CO | -115 | -108 | -6.5% |
| GEORGIA POWER CO | -204 | -187 | -9.1% |
| MISSISSIPPI POWER CO | -20 | -20 | 0.0% |
| SOUTHERN Co GAS | -105 | -92 | -14.1% |
| SOUTHERN Co GAS · Corporate Non Segment | -4 | — | — |
| SOUTHERN Co GAS · Operating Segments | -101 | -92 | -9.8% |
| SOUTHERN POWER CO | -27 | -26 | -3.8% |
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| Corporate Non Segment | -307 | -280 | -9.6% |
| Operating Segments | -471 | -434 | -8.5% |
| Other Non-Operating Income (Expense) | 155 | 149 | +4.0% |
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| ALABAMA POWER CO | 39 | 38 | +2.6% |
| GEORGIA POWER CO | 58 | 52 | +11.5% |
| MISSISSIPPI POWER CO | 10 | 6 | +66.7% |
| SOUTHERN Co GAS | 17 | 18 | -5.6% |
| SOUTHERN POWER CO | 2 | 3 | -33.3% |
| Non-Operating Income (Expense) | -452 | -460 | +1.7% |
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| ALABAMA POWER CO | -57 | -52 | -9.6% |
| GEORGIA POWER CO | -49 | -87 | +43.7% |
| MISSISSIPPI POWER CO | -10 | -14 | +28.6% |
| SOUTHERN Co GAS | -42 | -35 | -20.0% |
| SOUTHERN POWER CO | -25 | -23 | -8.7% |
| Income Before Taxes | 1,566 | 1,550 | +1.0% |
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| ALABAMA POWER CO | 554 | 486 | +14.0% |
| GEORGIA POWER CO | 713 | 694 | +2.7% |
| MISSISSIPPI POWER CO | 78 | 71 | +9.9% |
| SOUTHERN Co GAS | 592 | 548 | +8.0% |
| SOUTHERN POWER CO | -84 | 22 | -481.8% |
| Income Tax Expense (Benefit) | 228 | 280 | -18.6% |
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| Electric Utilities · Operating Segments | 160 | 225 | -28.9% |
| Gas distribution operations · SOUTHERN Co GAS | 116 | 104 | +11.5% |
| Gas marketing services · SOUTHERN Co GAS | 28 | 26 | +7.7% |
| Gas Pipeline Investments · SOUTHERN Co GAS | 11 | 9 | +22.2% |
| Reportable Segment · ALABAMA POWER CO | 129 | 111 | +16.2% |
| Reportable Segment · GEORGIA POWER CO | 85 | 98 | -13.3% |
| Reportable Segment · MISSISSIPPI POWER CO | 18 | 16 | +12.5% |
| Reportable Segment · SOUTHERN POWER CO | -70 | -1 | -6900.0% |
| SOUTHERN Co GAS · Operating Segments | 145 | 130 | +11.5% |
| SOUTHERN POWER CO · Operating Segments | -70 | -1 | -6900.0% |
| Traditional Electric Operating Companies · Operating Segments | 230 | 226 | +1.8% |
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| ALABAMA POWER CO | 129 | 111 | +16.2% |
| GEORGIA POWER CO | 85 | 98 | -13.3% |
| MISSISSIPPI POWER CO | 18 | 16 | +12.5% |
| SOUTHERN Co GAS | 145 | 130 | +11.5% |
| SOUTHERN Co GAS · Corporate Non Segment | -10 | -9 | -11.1% |
| SOUTHERN Co GAS · Operating Segments | 155 | 139 | +11.5% |
| SOUTHERN POWER CO | -70 | -1 | -6900.0% |
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| Corporate Non Segment | -77 | -75 | -2.7% |
| Operating Segments | 305 | 355 | -14.1% |
| Net Income | 1,356 | 1,334 | +1.6% |
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| Electric Utilities · Operating Segments | 1,117 | 1,113 | +0.4% |
| Gas distribution operations · SOUTHERN Co GAS | 337 | 315 | +7.0% |
| Gas marketing services · SOUTHERN Co GAS | 71 | 65 | +9.2% |
| Gas Pipeline Investments · SOUTHERN Co GAS | 33 | 27 | +22.2% |
| Reportable Segment · ALABAMA POWER CO | 425 | 375 | +13.3% |
| Reportable Segment · GEORGIA POWER CO | 628 | 596 | +5.4% |
| Reportable Segment · MISSISSIPPI POWER CO | 60 | 55 | +9.1% |
| Reportable Segment · SOUTHERN POWER CO | 4 | 87 | -95.4% |
| SOUTHERN Co GAS · Operating Segments | 447 | 418 | +6.9% |
| SOUTHERN POWER CO · Operating Segments | 4 | 87 | -95.4% |
| Traditional Electric Operating Companies · Operating Segments | 1,113 | 1,026 | +8.5% |
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| Retained Earnings · ALABAMA POWER CO | 425 | 375 | +13.3% |
| Retained Earnings · GEORGIA POWER CO | 628 | 596 | +5.4% |
| Retained Earnings · MISSISSIPPI POWER CO | 60 | 55 | +9.1% |
| Retained Earnings · SOUTHERN Co GAS | 447 | 418 | +6.9% |
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| ALABAMA POWER CO | 425 | 375 | +13.3% |
| GEORGIA POWER CO | 628 | 596 | +5.4% |
| MISSISSIPPI POWER CO | 60 | 55 | +9.1% |
| SOUTHERN Co GAS | 447 | 418 | +6.9% |
| SOUTHERN Co GAS · Corporate Non Segment | 6 | 11 | -45.5% |
| SOUTHERN Co GAS · Operating Segments | 441 | 407 | +8.4% |
| SOUTHERN POWER CO | 4 | 87 | -95.4% |
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| Corporate Non Segment | -214 | -206 | -3.9% |
| Intersegment Elimination | 6 | 9 | -33.3% |
| Operating Segments | 1,564 | 1,531 | +2.2% |
| Net Income | 1,338 | 1,270 | +5.4% |
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| Noncontrolling Interest | -18 | -64 | +71.9% |
| Noncontrolling Interest · SOUTHERN POWER CO | -18 | -64 | +71.9% |
| Parent · SOUTHERN POWER CO | 4 | 87 | -95.4% |
| Retained Earnings | 1,356 | 1,334 | +1.6% |
| Retained Earnings · SOUTHERN POWER CO | 4 | 87 | -95.4% |
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| SOUTHERN POWER CO | -14 | 23 | -160.9% |
| Net Income Loss Attributable To Noncontrolling Interest | -18 | -64 | +71.9% |
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| SOUTHERN POWER CO | -18 | -64 | +71.9% |
| Other Revenue (Q) | — | — | — |
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| Other revenue sources | 357 | 184 | +94.0% |
| Other revenue sources · ALABAMA POWER CO | 164 | 98 | +67.3% |
| Other revenue sources · GEORGIA POWER CO | 37 | -36 | +202.8% |
| Other revenue sources · MISSISSIPPI POWER CO | 8 | 14 | -42.9% |
| Other revenue sources · SOUTHERN Co GAS | 17 | -1 | +1800.0% |
| Other revenue sources · SOUTHERN POWER CO | 158 | 135 | +17.0% |
| Comprehensive Income | 1,358 | 1,337 | +1.6% |
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| ALABAMA POWER CO | 425 | 376 | +13.0% |
| GEORGIA POWER CO | 628 | 595 | +5.5% |
| SOUTHERN Co GAS | 445 | 430 | +3.5% |
| SOUTHERN POWER CO | 6 | 89 | -93.3% |
| Other Comprehensive Income (Q) | — | — | — |
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| Accumulated Other Comprehensive Income · SOUTHERN Co GAS | -2 | 12 | -116.7% |
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| SOUTHERN Co GAS | -2 | 12 | -116.7% |
| Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Before Reclassification After Tax | -3 | 14 | -121.4% |
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| SOUTHERN Co GAS | 6 | 11 | -45.5% |
| SOUTHERN POWER CO | -8 | 16 | -150.0% |
| Revenue From Contract With Customer Including Assessed Tax | 8,040 | 7,591 | +5.9% |
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| Commercial | 253 | 199 | +27.1% |
| Commercial | 1,663 | 1,612 | +3.2% |
| Commercial · ALABAMA POWER CO | 477 | 482 | -1.0% |
| Commercial · GEORGIA POWER CO | 1,104 | 1,055 | +4.6% |
| Commercial · MISSISSIPPI POWER CO | 82 | 75 | +9.3% |
| Commercial · SOUTHERN Co GAS | 253 | 199 | +27.1% |
| Gas marketing services | 281 | 256 | +9.8% |
| Gas marketing services · SOUTHERN Co GAS | 281 | 256 | +9.8% |
| Industrial | 24 | 18 | +33.3% |
| Industrial | 942 | 915 | +3.0% |
| Industrial · ALABAMA POWER CO | 414 | 390 | +6.2% |
| Industrial · GEORGIA POWER CO | 438 | 444 | -1.4% |
| Industrial · MISSISSIPPI POWER CO | 90 | 81 | +11.1% |
| Industrial · SOUTHERN Co GAS | 24 | 18 | +33.3% |
| Natural gas distribution revenues | 1,890 | 1,580 | +19.6% |
| Natural gas distribution revenues · SOUTHERN Co GAS | 1,890 | 1,580 | +19.6% |
| Non-PPA revenues | 89 | 71 | +25.4% |
| Non-PPA revenues · ALABAMA POWER CO | 119 | 69 | +72.5% |
| Non-PPA revenues · GEORGIA POWER CO | 44 | 9 | +388.9% |
| Non-PPA revenues · MISSISSIPPI POWER CO | 169 | 134 | +26.1% |
| Non-PPA revenues · SOUTHERN POWER CO | 44 | 62 | -29.0% |
| Other | 145 | 112 | +29.5% |
| Other | 3 | 4 | -25.0% |
| Other | 31 | 31 | 0.0% |
| Other natural gas revenues | 284 | 260 | +9.2% |
| Other natural gas revenues · SOUTHERN Co GAS | 284 | 260 | +9.2% |
| Other revenues | 493 | 493 | 0.0% |
| Other revenues · ALABAMA POWER CO | 78 | 83 | -6.0% |
| Other revenues · GEORGIA POWER CO | 236 | 230 | +2.6% |
| Other revenues · MISSISSIPPI POWER CO | 15 | 20 | -25.0% |
| Other revenues · SOUTHERN POWER CO | 4 | 4 | 0.0% |
| Other · ALABAMA POWER CO | 3 | 3 | 0.0% |
| Other · GEORGIA POWER CO | 25 | 26 | -3.8% |
| Other · MISSISSIPPI POWER CO | 3 | 2 | +50.0% |
| Other · SOUTHERN Co GAS | 145 | 112 | +29.5% |
| Other · SOUTHERN Co GAS | 3 | 4 | -25.0% |
| PPA capacity revenues | 149 | 149 | 0.0% |
| PPA capacity revenues · ALABAMA POWER CO | 18 | 28 | -35.7% |
| PPA capacity revenues · GEORGIA POWER CO | 44 | 39 | +12.8% |
| PPA capacity revenues · MISSISSIPPI POWER CO | 21 | 17 | +23.5% |
| PPA capacity revenues · SOUTHERN POWER CO | 83 | 82 | +1.2% |
| PPA energy revenues | 496 | 415 | +19.5% |
| PPA energy revenues · ALABAMA POWER CO | 46 | 54 | -14.8% |
| PPA energy revenues · GEORGIA POWER CO | 64 | 84 | -23.8% |
| PPA energy revenues · MISSISSIPPI POWER CO | 4 | 3 | +33.3% |
| PPA energy revenues · SOUTHERN POWER CO | 392 | 284 | +38.0% |
| Residential | 1,028 | 845 | +21.7% |
| Residential | 2,003 | 2,065 | -3.0% |
| Residential · ALABAMA POWER CO | 773 | 805 | -4.0% |
| Residential · GEORGIA POWER CO | 1,150 | 1,186 | -3.0% |
| Residential · MISSISSIPPI POWER CO | 80 | 74 | +8.1% |
| Residential · SOUTHERN Co GAS | 1,028 | 845 | +21.7% |
| Retail electric revenues | 4,639 | 4,623 | +0.3% |
| Retail electric revenues · ALABAMA POWER CO | 1,667 | 1,680 | -0.8% |
| Retail electric revenues · GEORGIA POWER CO | 2,717 | 2,711 | +0.2% |
| Retail electric revenues · MISSISSIPPI POWER CO | 255 | 232 | +9.9% |
| Transportation | 440 | 406 | +8.4% |
| Transportation · SOUTHERN Co GAS | 440 | 406 | +8.4% |
| Wholesale electric revenues | 734 | 635 | +15.6% |
| Wholesale electric revenues · ALABAMA POWER CO | 183 | 151 | +21.2% |
| Wholesale electric revenues · GEORGIA POWER CO | 152 | 132 | +15.2% |
| Wholesale electric revenues · MISSISSIPPI POWER CO | 194 | 154 | +26.0% |
| Wholesale electric revenues · SOUTHERN POWER CO | 519 | 428 | +21.3% |
| Wholesale revenues, affiliates · SOUTHERN POWER CO | 100 | 116 | -13.8% |
Show Legal Entity breakouts |
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| ALABAMA POWER CO | 1,928 | 1,914 | +0.7% |
| GEORGIA POWER CO | 3,105 | 3,073 | +1.0% |
| MISSISSIPPI POWER CO | 464 | 406 | +14.3% |
| SOUTHERN Co GAS | 2,174 | 1,840 | +18.2% |
| SOUTHERN POWER CO | 523 | 432 | +21.1% |
| Operating Lease Lease Income | 34 | 33 | +3.0% |
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| ALABAMA POWER CO | 3 | 2 | +50.0% |
| GEORGIA POWER CO | 7 | 7 | 0.0% |
| MISSISSIPPI POWER CO | 1 | 1 | 0.0% |
| SOUTHERN Co GAS | 9 | 9 | 0.0% |
| SOUTHERN POWER CO | 37 | 37 | 0.0% |
Balance Sheet
| Metric | Q1 2026 | Q1 2025 | YoY |
|---|---|---|---|
| Current Assets | |||
| Under Recovered Fuel Clause Revenues Receivables Current | 299 | 707 | -57.7% |
| Derivative Assets Current | 35 | 134 | -73.9% |
| Cash & Cash Equivalents | 981 | 2,327 | -57.8% |
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| ALABAMA POWER CO | 275 | 939 | -70.7% |
| GEORGIA POWER CO | 24 | 383 | -93.7% |
| MISSISSIPPI POWER CO | 19 | 45 | -57.8% |
| SOUTHERN Co GAS | 137 | 87 | +57.5% |
| SOUTHERN POWER CO | 72 | 188 | -61.7% |
| Accounts Receivable Gross Current | 2,405 | 2,463 | -2.4% |
Show Legal Entity breakouts |
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| ALABAMA POWER CO · Nonrelated Party | 460 | 489 | -5.9% |
| ALABAMA POWER CO · Related Party | 142 | 104 | +36.5% |
| GEORGIA POWER CO · Nonrelated Party | 929 | 1,077 | -13.7% |
| GEORGIA POWER CO · Related Party | 82 | 73 | +12.3% |
| MISSISSIPPI POWER CO · Nonrelated Party | 113 | 60 | +88.3% |
| MISSISSIPPI POWER CO · Related Party | 31 | 47 | -34.0% |
| SOUTHERN Co GAS | 660 | 564 | +17.0% |
| SOUTHERN POWER CO · Nonrelated Party | 141 | 136 | +3.7% |
| SOUTHERN POWER CO · Related Party | 22 | 28 | -21.4% |
| Unbilled Revenues Current | 740 | 684 | +8.2% |
Show Legal Entity breakouts |
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| ALABAMA POWER CO | 158 | 154 | +2.6% |
| GEORGIA POWER CO | 302 | 289 | +4.5% |
| MISSISSIPPI POWER CO | 39 | 35 | +11.4% |
| SOUTHERN Co GAS | 229 | 193 | +18.7% |
| Other Receivables Net Current | 524 | 501 | +4.6% |
Show Legal Entity breakouts |
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| ALABAMA POWER CO | 54 | 68 | -20.6% |
| GEORGIA POWER CO | 69 | 47 | +46.8% |
| MISSISSIPPI POWER CO | 24 | 28 | -14.3% |
| SOUTHERN Co GAS | 60 | 42 | +42.9% |
| SOUTHERN POWER CO | 62 | 93 | -33.3% |
| Deferred Fuel Cost (Q) | — | — | — |
Show Legal Entity breakouts |
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| GEORGIA POWER CO | 234 | — | — |
| Allowance For Doubtful Accounts Receivable Current | -95 | -81 | -17.3% |
Show Legal Entity breakouts |
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| ALABAMA POWER CO | -25 | -20 | -25.0% |
| SOUTHERN Co GAS | -59 | -46 | -28.3% |
| Joint Owner Accounts Receivable (Q) | — | — | — |
Show Legal Entity breakouts |
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| GEORGIA POWER CO | 98 | 79 | +24.1% |
| Energy Related Inventory Other Fossil Fuel | 727 | 738 | -1.5% |
Show Legal Entity breakouts |
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| ALABAMA POWER CO | 289 | 303 | -4.6% |
| GEORGIA POWER CO | 368 | 370 | -0.5% |
| MISSISSIPPI POWER CO | 48 | 43 | +11.6% |
| Energy Related Inventory Natural Gas In Storage | 145 | 149 | -2.7% |
Show Legal Entity breakouts |
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| SOUTHERN Co GAS | 145 | 149 | -2.7% |
| Other Inventory Supplies | 2,297 | 2,167 | +6.0% |
Show Legal Entity breakouts |
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| ALABAMA POWER CO | 745 | 716 | +4.1% |
| GEORGIA POWER CO | 1,042 | 948 | +9.9% |
| MISSISSIPPI POWER CO | 103 | 103 | 0.0% |
| SOUTHERN Co GAS | 62 | 64 | -3.1% |
| SOUTHERN POWER CO | 135 | 111 | +21.6% |
| Prepaid Expense Current | 411 | 441 | -6.8% |
Show Legal Entity breakouts |
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| ALABAMA POWER CO | 170 | 165 | +3.0% |
| SOUTHERN Co GAS | 27 | 42 | -35.7% |
| Regulatory Asset Asset Retirement Obligation Current | 353 | 371 | -4.9% |
Show Legal Entity breakouts |
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| GEORGIA POWER CO | 222 | 240 | -7.5% |
| Other Regulatory Assets Current | 706 | 699 | +1.0% |
Show Legal Entity breakouts |
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| ALABAMA POWER CO | 353 | 305 | +15.7% |
| GEORGIA POWER CO | 336 | 354 | -5.1% |
| MISSISSIPPI POWER CO | 52 | 35 | +48.6% |
| SOUTHERN Co GAS | 96 | 136 | -29.4% |
| Other Assets Current | 433 | 517 | -16.2% |
Show Legal Entity breakouts |
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| ALABAMA POWER CO | 85 | 110 | -22.7% |
| GEORGIA POWER CO | 371 | 330 | +12.4% |
| MISSISSIPPI POWER CO | 7 | 34 | -79.4% |
| SOUTHERN Co GAS | 44 | 49 | -10.2% |
| SOUTHERN POWER CO | 77 | 77 | 0.0% |
| Total Current Assets | 9,961 | 11,817 | -15.7% |
Show Legal Entity breakouts |
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| ALABAMA POWER CO | 2,706 | 3,333 | -18.8% |
| GEORGIA POWER CO | 4,077 | 4,884 | -16.5% |
| MISSISSIPPI POWER CO | 436 | 430 | +1.4% |
| SOUTHERN Co GAS | 1,401 | 1,280 | +9.5% |
| SOUTHERN POWER CO | 509 | 633 | -19.6% |
| Non-Current Assets | |||
| Goodwill | 5,161 | 5,161 | 0.0% |
Show Business Segments breakouts |
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| Electric Utilities · Operating Segments | 2 | 2 | 0.0% |
| Gas distribution operations · SOUTHERN Co GAS | 4,034 | 4,034 | 0.0% |
| Gas marketing services · SOUTHERN Co GAS | 981 | 981 | 0.0% |
| SOUTHERN Co GAS · Operating Segments | 5,015 | 5,015 | 0.0% |
| SOUTHERN POWER CO · Operating Segments | 2 | 2 | 0.0% |
Show Legal Entity breakouts |
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| SOUTHERN Co GAS | 5,015 | 5,015 | 0.0% |
Show Consolidation Items breakouts |
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| Corporate Non Segment | 144 | 144 | 0.0% |
| Operating Segments | 5,017 | 5,017 | 0.0% |
| Sales Type Lease Net Investment In Lease After Allowance For Credit Loss Noncurrent (Q) | — | — | — |
Show Legal Entity breakouts |
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| SOUTHERN POWER CO | 135 | 141 | -4.3% |
| Operating Lease Right-of-Use Assets | 1,351 | 1,426 | -5.3% |
Show Legal Entity breakouts |
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| ALABAMA POWER CO | 91 | 82 | +11.0% |
| GEORGIA POWER CO | 1,083 | 1,289 | -16.0% |
| SOUTHERN Co GAS | 82 | 95 | -13.7% |
| SOUTHERN POWER CO | 477 | 485 | -1.6% |
| Other Non-Current Assets | 1,534 | 1,396 | +9.9% |
Show Legal Entity breakouts |
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| ALABAMA POWER CO | 456 | 413 | +10.4% |
| GEORGIA POWER CO | 796 | 562 | +41.6% |
| MISSISSIPPI POWER CO | 79 | 79 | 0.0% |
| SOUTHERN Co GAS | 129 | 144 | -10.4% |
| SOUTHERN POWER CO | 250 | 238 | +5.0% |
| Deferred Tax Assets (Q) | — | — | — |
Show Legal Entity breakouts |
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| MISSISSIPPI POWER CO | 62 | 78 | -20.5% |
| Total Assets | 157,031 | 148,109 | +6.0% |
Show Business Segments breakouts |
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| Electric Utilities · Intersegment Elimination | -849 | -987 | +14.0% |
| Electric Utilities · Operating Segments | 127,590 | 119,481 | +6.8% |
| Gas distribution operations · SOUTHERN Co GAS | 26,111 | 24,626 | +6.0% |
| Gas marketing services · SOUTHERN Co GAS | 1,768 | 1,754 | +0.8% |
| Gas Pipeline Investments · SOUTHERN Co GAS | 1,517 | 1,602 | -5.3% |
| SOUTHERN Co GAS · Operating Segments | 27,551 | 26,234 | +5.0% |
| SOUTHERN POWER CO · Operating Segments | 12,474 | 12,737 | -2.1% |
| Traditional Electric Operating Companies · Operating Segments | 115,965 | 107,731 | +7.6% |
Show Legal Entity breakouts |
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| ALABAMA POWER CO | 38,151 | 37,184 | +2.6% |
| GEORGIA POWER CO | 69,720 | 62,660 | +11.3% |
| MISSISSIPPI POWER CO | 5,703 | 5,546 | +2.8% |
| SOUTHERN Co GAS | 27,551 | 26,234 | +5.0% |
| SOUTHERN Co GAS · Corporate Non Segment | 11,276 | 10,528 | +7.1% |
| SOUTHERN Co GAS · Intersegment Elimination | -13,121 | -12,276 | -6.9% |
| SOUTHERN Co GAS · Operating Segments | 29,396 | 27,982 | +5.1% |
| SOUTHERN POWER CO | 12,474 | 12,737 | -2.1% |
| SOUTHERN POWER CO · Variable Interest Entity Primary Beneficiary | 1.6 | 1.6 | 0.0% |
| SOUTHERN POWER CO · Variable Interest Entity Primary Beneficiary | 5.1 | 5.3 | -3.8% |
Show Consolidation Items breakouts |
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| Corporate Non Segment | 2,684 | 2,969 | -9.6% |
| Intersegment Elimination | -794 | -575 | -38.1% |
| Operating Segments | 155,141 | 145,715 | +6.5% |
| Unamortized Loss Reacquired Debt Noncurrent | 183 | 199 | -8.0% |
| Intangible Assets | 219 | 249 | -12.0% |
Show Legal Entity breakouts |
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| SOUTHERN Co GAS | 2 | 7 | -71.4% |
| SOUTHERN Co GAS · Customer Relationships | 2 | 5 | -60.0% |
| SOUTHERN POWER CO · PPA fair value adjustments | 197 | 217 | -9.2% |
Show Finite Lived Intangible Assets By Major Class breakouts |
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| Customer Relationships | 22 | 29 | -24.1% |
| PPA fair value adjustments | 197 | 217 | -9.2% |
| Other Assets | |||
| Public Utilities Property Plant And Equipment Plant In Service | 149,086 | — | — |
Show Legal Entity breakouts |
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| ALABAMA POWER CO | 40,185 | — | — |
| ALABAMA POWER CO · Plant Barry Unit 5 | 307 | — | — |
| GEORGIA POWER CO | 60,443 | — | — |
| MISSISSIPPI POWER CO | 6,057 | — | — |
| SOUTHERN Co GAS | 24,391 | — | — |
| SOUTHERN POWER CO | 15,342 | — | — |
| SOUTHERN POWER CO · Plant Barry Unit 5 | 307 | — | — |
| Public Utilities Property Plant And Equipment Accumulated Depreciation | 45,186 | 40,909 | +10.5% |
Show Legal Entity breakouts |
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| ALABAMA POWER CO | 13,754 | 11,939 | +15.2% |
| GEORGIA POWER CO | 16,236 | 15,134 | +7.3% |
| MISSISSIPPI POWER CO | 1,990 | 1,871 | +6.4% |
| SOUTHERN Co GAS | 6,386 | 5,996 | +6.5% |
| SOUTHERN POWER CO | 5,488 | 4,656 | +17.9% |
| Public Utilities Other Depreciable Property Plant And Equipment Plant In Service | 103,900 | 97,840 | +6.2% |
Show Legal Entity breakouts |
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| ALABAMA POWER CO | 26,431 | 25,020 | +5.6% |
| GEORGIA POWER CO | 44,207 | 40,600 | +8.9% |
| MISSISSIPPI POWER CO | 4,067 | 3,894 | +4.4% |
| SOUTHERN Co GAS | 18,005 | 16,646 | +8.2% |
| SOUTHERN POWER CO | 9,854 | 10,283 | -4.2% |
| Public Utilities Property Plant And Equipment Fuel | 920 | 890 | +3.4% |
Show Legal Entity breakouts |
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| ALABAMA POWER CO | 285 | 267 | +6.7% |
| GEORGIA POWER CO | 635 | 623 | +1.9% |
| Public Utilities Property Plant And Equipment Construction Work In Progress | 11,282 | 7,221 | +56.2% |
Show Legal Entity breakouts |
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| ALABAMA POWER CO | 1,550 | 1,344 | +15.3% |
| GEORGIA POWER CO | 7,623 | 3,966 | +92.2% |
| MISSISSIPPI POWER CO | 248 | 251 | -1.2% |
| SOUTHERN Co GAS | 865 | 1,029 | -15.9% |
| SOUTHERN POWER CO | 867 | 492 | +76.2% |
| Public Utilities Property Plant And Equipment Net | 116,102 | 106,329 | +9.2% |
Show Legal Entity breakouts |
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| ALABAMA POWER CO | 28,266 | 27,009 | +4.7% |
| GEORGIA POWER CO | 52,465 | 45,189 | +16.1% |
| MISSISSIPPI POWER CO | 4,315 | 4,145 | +4.1% |
| SOUTHERN Co GAS | 18,870 | 17,675 | +6.8% |
| SOUTHERN POWER CO | 10,721 | 10,775 | -0.5% |
| Decommissioning Fund Investments | 2,888 | 2,611 | +10.6% |
Show Legal Entity breakouts |
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| ALABAMA POWER CO | 1,510 | 1,371 | +10.1% |
| GEORGIA POWER CO | 1,378 | 1,240 | +11.1% |
| Intangible Assets Net Including Goodwill (Q) | — | — | — |
Show Legal Entity breakouts |
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| SOUTHERN POWER CO | 199 | 218 | -8.7% |
| Equity Method Investments | 1,365 | — | — |
Show Legal Entity breakouts |
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| ALABAMA POWER CO | 49 | — | — |
| GEORGIA POWER CO | 37 | — | — |
| SOUTHERN Co GAS | 1,224 | — | — |
| SOUTHERN Co GAS · Other | 34 | — | — |
| SOUTHERN Co GAS · SNG | 1,190 | — | — |
| Southern Holdings Company | 125 | — | — |
| Other Long Term Investments | 706 | 690 | +2.3% |
Show Legal Entity breakouts |
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| ALABAMA POWER CO | 123 | 127 | -3.1% |
| GEORGIA POWER CO | 231 | 200 | +15.5% |
| SOUTHERN Co GAS | 25 | 25 | 0.0% |
| Intangible Assets Net Excluding Goodwill | 294 | 324 | -9.3% |
Show Legal Entity breakouts |
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| SOUTHERN Co GAS | 2 | 7 | -71.4% |
| Other Property And Investments | 10,414 | 10,225 | +1.8% |
Show Legal Entity breakouts |
|||
| ALABAMA POWER CO | 1,682 | 1,544 | +8.9% |
| GEORGIA POWER CO | 1,646 | 1,482 | +11.1% |
| MISSISSIPPI POWER CO | 142 | 150 | -5.3% |
| SOUTHERN Co GAS | 6,266 | 6,359 | -1.5% |
| SOUTHERN POWER CO | 334 | 359 | -7.0% |
| Deferred Charges Related To Income Taxes | 1,026 | 895 | +14.6% |
Show Legal Entity breakouts |
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| ALABAMA POWER CO | 262 | 265 | -1.1% |
| GEORGIA POWER CO | 738 | 601 | +22.8% |
| MISSISSIPPI POWER CO | 25 | 27 | -7.4% |
| Prepaid Long Term Service Agreements (Q) | — | — | — |
Show Legal Entity breakouts |
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| SOUTHERN POWER CO | 183 | 247 | -25.9% |
| Prepaid Pension And Other Postretirement Benefit Costs (Q) | — | — | — |
Show Legal Entity breakouts |
|||
| ALABAMA POWER CO | 1,046 | — | — |
| SOUTHERN Co GAS | 248 | — | — |
| Prepaid Pension Costs | 3,369 | — | — |
Show Legal Entity breakouts |
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| GEORGIA POWER CO | 1,142 | — | — |
| MISSISSIPPI POWER CO | 157 | — | — |
| Regulatory Asset Asset Retirement Obligation | 5,198 | 5,465 | -4.9% |
Show Legal Entity breakouts |
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| ALABAMA POWER CO | 1,572 | 1,814 | -13.3% |
| GEORGIA POWER CO | 3,397 | 3,408 | -0.3% |
| MISSISSIPPI POWER CO | 228 | 243 | -6.2% |
| Deferred Costs | 210 | 389 | -46.0% |
Show Legal Entity breakouts |
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| GEORGIA POWER CO | 210 | 389 | -46.0% |
| Other Regulatory Assets Deferred | 7,683 | 7,187 | +6.9% |
Show Legal Entity breakouts |
|||
| ALABAMA POWER CO | 2,070 | 1,855 | +11.6% |
| GEORGIA POWER CO | 4,166 | 3,918 | +6.3% |
| MISSISSIPPI POWER CO | 259 | 265 | -2.3% |
| SOUTHERN Co GAS | 555 | 485 | +14.4% |
| Deferred Charges And Other Assets | 20,554 | 19,738 | +4.1% |
Show Legal Entity breakouts |
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| ALABAMA POWER CO | 5,497 | 5,298 | +3.8% |
| GEORGIA POWER CO | 11,532 | 11,105 | +3.8% |
| MISSISSIPPI POWER CO | 810 | 821 | -1.3% |
| SOUTHERN Co GAS | 1,014 | 920 | +10.2% |
| SOUTHERN POWER CO | 910 | 970 | -6.2% |
| Current Liabilities | |||
| Long Term Debt And Capital Lease Obligations Current | 5,701 | 5,168 | +10.3% |
Show Legal Entity breakouts |
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| ALABAMA POWER CO | 462 | 700 | -34.0% |
| GEORGIA POWER CO | 2,266 | 971 | +133.4% |
| MISSISSIPPI POWER CO | 65 | 12 | +441.7% |
| SOUTHERN Co GAS | 531 | 301 | +76.4% |
| SOUTHERN POWER CO | 575 | 899 | -36.0% |
| Short Term Borrowings | 1,673 | — | — |
Show Legal Entity breakouts |
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| ALABAMA POWER CO | 30 | — | — |
| GEORGIA POWER CO | 225 | — | — |
| MISSISSIPPI POWER CO | 32 | — | — |
| SOUTHERN Co GAS | 255 | — | — |
| SOUTHERN POWER CO | 160 | — | — |
| Accounts Payable Other Current (Q) | — | — | — |
Show Legal Entity breakouts |
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| ALABAMA POWER CO · Nonrelated Party | 351 | 451 | -22.2% |
| ALABAMA POWER CO · Related Party | 200 | 221 | -9.5% |
| GEORGIA POWER CO · Nonrelated Party | 1,512 | 1,455 | +3.9% |
| GEORGIA POWER CO · Related Party | 778 | 784 | -0.8% |
| MISSISSIPPI POWER CO · Nonrelated Party | 60 | 94 | -36.2% |
| MISSISSIPPI POWER CO · Related Party | 64 | 62 | +3.2% |
| SOUTHERN Co GAS · Nonrelated Party | 383 | 372 | +3.0% |
| SOUTHERN Co GAS · Related Party | 57 | 49 | +16.3% |
| SOUTHERN POWER CO · Nonrelated Party | 78 | 119 | -34.5% |
| SOUTHERN POWER CO · Related Party | 58 | 68 | -14.7% |
| Customer Deposits Current1 | 478 | — | — |
Show Legal Entity breakouts |
|||
| ALABAMA POWER CO | 114 | — | — |
| GEORGIA POWER CO | 273 | — | — |
| SOUTHERN Co GAS | 72 | — | — |
| Taxes Payable Current (Q) | — | — | — |
Show Legal Entity breakouts |
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| ALABAMA POWER CO | 211 | 194 | +8.8% |
| GEORGIA POWER CO | 326 | 427 | -23.7% |
| MISSISSIPPI POWER CO | 52 | 50 | +4.0% |
| SOUTHERN Co GAS | 177 | 147 | +20.4% |
| SOUTHERN POWER CO | 13 | 44 | -70.5% |
| Interest Payable Current | 627 | 600 | +4.5% |
Show Legal Entity breakouts |
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| ALABAMA POWER CO | 96 | 84 | +14.3% |
| GEORGIA POWER CO | 207 | 184 | +12.5% |
| SOUTHERN Co GAS | 77 | 74 | +4.1% |
| SOUTHERN POWER CO | 46 | 26 | +76.9% |
| Accrued Salaries Current | 761 | 683 | +11.4% |
Show Legal Entity breakouts |
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| ALABAMA POWER CO | 153 | 141 | +8.5% |
| GEORGIA POWER CO | 177 | 150 | +18.0% |
| MISSISSIPPI POWER CO | 25 | 24 | +4.2% |
| SOUTHERN Co GAS | 81 | 70 | +15.7% |
| Asset Retirement Obligation Current | 659 | 748 | -11.9% |
Show Legal Entity breakouts |
|||
| ALABAMA POWER CO | 258 | 348 | -25.9% |
| GEORGIA POWER CO | 355 | 321 | +10.6% |
| MISSISSIPPI POWER CO | 19 | 29 | -34.5% |
| Operating Lease Liability Current | 203 | 200 | +1.5% |
Show Legal Entity breakouts |
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| GEORGIA POWER CO | 174 | 171 | +1.8% |
| SOUTHERN POWER CO | 31 | 29 | +6.9% |
| Temporary L I F O Liquidation Liability Current (Q) | — | — | — |
Show Legal Entity breakouts |
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| SOUTHERN Co GAS | 104 | 126 | -17.5% |
| Other Regulatory Liabilities Current | 228 | 422 | -46.0% |
Show Legal Entity breakouts |
|||
| ALABAMA POWER CO | 70 | 74 | -5.4% |
| GEORGIA POWER CO | 35 | 160 | -78.1% |
| MISSISSIPPI POWER CO | 12 | 38 | -68.4% |
| SOUTHERN Co GAS | 69 | 67 | +3.0% |
| Natural Gas Cost Over Recovery Short Term | 131 | 16 | +718.8% |
Show Legal Entity breakouts |
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| SOUTHERN Co GAS | 131 | 16 | +718.8% |
| Other Liabilities Current | 1,191 | 1,115 | +6.8% |
Show Legal Entity breakouts |
|||
| ALABAMA POWER CO | 131 | 75 | +74.7% |
| GEORGIA POWER CO | 268 | 301 | -11.0% |
| MISSISSIPPI POWER CO | 87 | 48 | +81.2% |
| SOUTHERN Co GAS | 109 | 127 | -14.2% |
| SOUTHERN POWER CO | 77 | 82 | -6.1% |
| Total Current Liabilities | 15,318 | 13,770 | +11.2% |
Show Legal Entity breakouts |
|||
| ALABAMA POWER CO | 2,076 | 2,401 | -13.5% |
| GEORGIA POWER CO | 6,596 | 5,381 | +22.6% |
| MISSISSIPPI POWER CO | 416 | 377 | +10.3% |
| SOUTHERN Co GAS | 2,046 | 1,730 | +18.3% |
| SOUTHERN POWER CO | 1,038 | 1,267 | -18.1% |
| Accounts Payable | 2,909 | 3,094 | -6.0% |
| Accrued Income Taxes Current | 66 | 53 | +24.5% |
| Accrual For Taxes Other Than Income Taxes Current | 557 | 600 | -7.2% |
| Derivative Liabilities Current | 134 | — | — |
| Non-Current Liabilities | |||
| Deferred Tax Liabilities | 12,381 | 12,181 | +1.6% |
Show Legal Entity breakouts |
|||
| ALABAMA POWER CO | 4,313 | 4,282 | +0.7% |
| GEORGIA POWER CO | 4,920 | 4,546 | +8.2% |
| MISSISSIPPI POWER CO | 499 | 484 | +3.1% |
| SOUTHERN Co GAS | 2,033 | 1,849 | +10.0% |
| SOUTHERN POWER CO | 571 | 715 | -20.1% |
| Pension And Other Postretirement Defined Benefit Plans Liabilities Noncurrent | 941 | 983 | -4.3% |
Show Legal Entity breakouts |
|||
| ALABAMA POWER CO | 149 | 151 | -1.3% |
| GEORGIA POWER CO | 177 | 194 | -8.8% |
| MISSISSIPPI POWER CO | 65 | 64 | +1.6% |
| SOUTHERN Co GAS | 84 | 73 | +15.1% |
| Operating Lease Liabilities | 1,280 | 1,299 | -1.5% |
Show Legal Entity breakouts |
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| ALABAMA POWER CO | 81 | 73 | +11.0% |
| GEORGIA POWER CO | 924 | 1,125 | -17.9% |
| SOUTHERN Co GAS | 122 | 87 | +40.2% |
| SOUTHERN POWER CO | 508 | 510 | -0.4% |
| Asset Retirement Obligations Noncurrent | 8,907 | 9,145 | -2.6% |
Show Legal Entity breakouts |
|||
| ALABAMA POWER CO | 3,404 | 3,684 | -7.6% |
| GEORGIA POWER CO | 5,158 | 5,084 | +1.5% |
| MISSISSIPPI POWER CO | 100 | 117 | -14.5% |
| Accrued Environmental Loss Contingencies Noncurrent (Q) | — | — | — |
Show Legal Entity breakouts |
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| SOUTHERN Co GAS | 201 | 193 | +4.1% |
| Other Non-Current Liabilities | 1,625 | 1,441 | +12.8% |
Show Legal Entity breakouts |
|||
| ALABAMA POWER CO | 365 | 222 | +64.4% |
| GEORGIA POWER CO | 642 | 592 | +8.4% |
| MISSISSIPPI POWER CO | 78 | 89 | -12.4% |
| SOUTHERN Co GAS | 278 | 223 | +24.7% |
| SOUTHERN POWER CO | 242 | 268 | -9.7% |
| Total Liabilities | 117,119 | 110,886 | +5.6% |
Show Legal Entity breakouts |
|||
| ALABAMA POWER CO | 23,807 | 23,499 | +1.3% |
| GEORGIA POWER CO | 41,201 | 38,234 | +7.8% |
| MISSISSIPPI POWER CO | 3,412 | 3,400 | +0.4% |
| SOUTHERN Co GAS | 16,118 | 15,009 | +7.4% |
| SOUTHERN POWER CO | 6,080 | 5,988 | +1.5% |
| SOUTHERN POWER CO · Variable Interest Entity Primary Beneficiary | 246 | 227 | +8.4% |
| SOUTHERN POWER CO · Variable Interest Entity Primary Beneficiary | 361 | 364 | -0.8% |
| Other Liabilities | |||
| Long Term Debt And Capital Lease Obligations | 67,148 | 62,939 | +6.7% |
Show Legal Entity breakouts |
|||
| ALABAMA POWER CO | 11,507 | 10,954 | +5.0% |
| GEORGIA POWER CO | 20,169 | 18,950 | +6.4% |
| MISSISSIPPI POWER CO | 1,795 | 1,780 | +0.8% |
| SOUTHERN Co GAS | 8,738 | 8,236 | +6.1% |
| SOUTHERN POWER CO | 2,353 | 1,802 | +30.6% |
| Deferred Credits Related To Income Taxes | 4,648 | 4,372 | +6.3% |
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| ALABAMA POWER CO | 1,560 | 1,377 | +13.3% |
| GEORGIA POWER CO | 2,198 | 2,022 | +8.7% |
| MISSISSIPPI POWER CO | 209 | 216 | -3.2% |
| SOUTHERN Co GAS | 672 | 743 | -9.6% |
| Accumulated Deferred Investment Tax Credit | 2,047 | 2,034 | +0.6% |
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| ALABAMA POWER CO | 113 | 110 | +2.7% |
| GEORGIA POWER CO | 417 | 340 | +22.6% |
| SOUTHERN POWER CO | 1,368 | 1,426 | -4.1% |
| Other Cost Of Removal Obligations | 2,054 | 2,039 | +0.7% |
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| MISSISSIPPI POWER CO | 110 | 164 | -32.9% |
| SOUTHERN Co GAS | 1,944 | 1,875 | +3.7% |
| Other Regulatory Liabilities Deferred | 770 | 683 | +12.7% |
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| ALABAMA POWER CO | 239 | 245 | -2.4% |
| MISSISSIPPI POWER CO | 140 | 109 | +28.4% |
| Deferred Credits And Other Liabilities | 34,653 | 34,177 | +1.4% |
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| ALABAMA POWER CO | 10,224 | 10,144 | +0.8% |
| GEORGIA POWER CO | 14,436 | 13,903 | +3.8% |
| MISSISSIPPI POWER CO | 1,201 | 1,243 | -3.4% |
| SOUTHERN Co GAS | 5,334 | 5,043 | +5.8% |
| SOUTHERN POWER CO | 2,689 | 2,919 | -7.9% |
| Stockholders' Equity | |||
| Total Stockholders' Equity (Q) | — | — | — |
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| Accumulated Other Comprehensive Income · ALABAMA POWER CO | -3 | -5 | +40.0% |
| Accumulated Other Comprehensive Income · GEORGIA POWER CO | 16 | 12 | +33.3% |
| Accumulated Other Comprehensive Income · MISSISSIPPI POWER CO | 4 | 4 | 0.0% |
| Accumulated Other Comprehensive Income · SOUTHERN Co GAS | 49 | 60 | -18.3% |
| Additional Paid In Capital · ALABAMA POWER CO | 8,489 | 8,184 | +3.7% |
| Additional Paid In Capital · GEORGIA POWER CO | 23,916 | 20,410 | +17.2% |
| Additional Paid In Capital · MISSISSIPPI POWER CO | 4,961 | 4,842 | +2.5% |
| Additional Paid In Capital · SOUTHERN Co GAS | 10,855 | 10,810 | +0.4% |
| Common Stock · ALABAMA POWER CO | 1,222 | 1,222 | 0.0% |
| Common Stock · GEORGIA POWER CO | 398 | 398 | 0.0% |
| Common Stock · MISSISSIPPI POWER CO | 38 | 38 | 0.0% |
| Retained Earnings · ALABAMA POWER CO | 4,636 | 4,284 | +8.2% |
| Retained Earnings · GEORGIA POWER CO | 4,189 | 3,606 | +16.2% |
| Retained Earnings · MISSISSIPPI POWER CO | -2,712 | -2,738 | +0.9% |
| Retained Earnings · SOUTHERN Co GAS | 529 | 355 | +49.0% |
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| ALABAMA POWER CO | 14,344 | 13,685 | +4.8% |
| GEORGIA POWER CO | 28,519 | 24,426 | +16.8% |
| MISSISSIPPI POWER CO | 2,291 | 2,146 | +6.8% |
| SOUTHERN Co GAS | 11,433 | 11,225 | +1.9% |
| Stockholders Equity Including Portion Attributable To Noncontrolling Interest | 39,912 | 37,223 | +7.2% |
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| Accumulated Other Comprehensive Income | -73 | -75 | +2.7% |
| Accumulated Other Comprehensive Income · SOUTHERN POWER CO | 2 | — | — |
| Additional Paid In Capital | 16,285 | 14,231 | +14.4% |
| Additional Paid In Capital · SOUTHERN POWER CO | 1,911 | 1,436 | +33.1% |
| Common Stock | 5,588 | 5,453 | +2.5% |
| Noncontrolling Interest | 2,790 | 3,384 | -17.6% |
| Noncontrolling Interest · SOUTHERN POWER CO | 2,790 | 3,384 | -17.6% |
| Parent · SOUTHERN POWER CO | 3,604 | 3,365 | +7.1% |
| Retained Earnings | 15,382 | 14,291 | +7.6% |
| Retained Earnings · SOUTHERN POWER CO | 1,691 | 1,929 | -12.3% |
| Treasury Stock Common | -60 | -61 | +1.6% |
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| SOUTHERN POWER CO | 6,394 | 6,749 | -5.3% |
| Total Liabilities & Equity | 157,031 | 148,109 | +6.0% |
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| ALABAMA POWER CO | 38,151 | 37,184 | +2.6% |
| GEORGIA POWER CO | 69,720 | 62,660 | +11.3% |
| MISSISSIPPI POWER CO | 5,703 | 5,546 | +2.8% |
| SOUTHERN Co GAS | 27,551 | 26,234 | +5.0% |
| SOUTHERN POWER CO | 12,474 | 12,737 | -2.1% |
Cash Flow Statement
| Metric | YTD Q1 2026 | YTD Q1 2025 | YoY |
|---|---|---|---|
| Operating Activities | |||
| Depreciation Amortization And Accretion Net | 1,580 | 1,411 | +12.0% |
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| ALABAMA POWER CO | 431 | 404 | +6.7% |
| GEORGIA POWER CO | 556 | 577 | -3.6% |
| MISSISSIPPI POWER CO | 61 | 56 | +8.9% |
| SOUTHERN Co GAS | 183 | 167 | +9.6% |
| SOUTHERN POWER CO | 283 | 158 | +79.1% |
| Deferred Income Taxes | 168 | 351 | -52.1% |
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| ALABAMA POWER CO | 62 | 81 | -23.5% |
| GEORGIA POWER CO | 95 | 91 | +4.4% |
| MISSISSIPPI POWER CO | 10 | -7 | +242.9% |
| SOUTHERN Co GAS | 60 | 42 | +42.9% |
| SOUTHERN POWER CO | -27 | 5 | -640.0% |
| Pension And Other Postretirement Benefit Expense | -149 | -149 | 0.0% |
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| ALABAMA POWER CO | -59 | -52 | -13.5% |
| GEORGIA POWER CO | -78 | -74 | -5.4% |
| MISSISSIPPI POWER CO | -5 | -5 | 0.0% |
| Amortization Of Deferred Investment Tax Credits (Q) | — | — | — |
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| SOUTHERN POWER CO | -15 | -15 | 0.0% |
| Asset Retirement Obligation Cash Paid To Settle | -133 | -134 | +0.7% |
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| ALABAMA POWER CO | -57 | -61 | +6.6% |
| GEORGIA POWER CO | -67 | -66 | -1.5% |
| MISSISSIPPI POWER CO | -4 | -4 | 0.0% |
| Loss On Damaged Equipment (Q) | — | — | — |
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| SOUTHERN POWER CO | 20 | — | — |
| Increase Decreasein Energy Related Inventory Natural Gasin Storage | 355 | 365 | -2.7% |
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| SOUTHERN Co GAS | 355 | 365 | -2.7% |
| Increase Decrease In Accrued Taxes (Q) | — | — | — |
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| SOUTHERN Co GAS | 70 | 73 | -4.1% |
| Increase Decrease Natural Gas Cost Over Recovery Short Term (Q) | — | — | — |
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| SOUTHERN Co GAS | -27 | -179 | +84.9% |
| Other Non-Cash Items | -25 | -1 | -2400.0% |
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| ALABAMA POWER CO | -63 | -30 | -110.0% |
| GEORGIA POWER CO | -27 | -38 | +28.9% |
| MISSISSIPPI POWER CO | -5 | 7 | -171.4% |
| SOUTHERN Co GAS | 21 | -5 | +520.0% |
| Storm Damage Cost Recovery Noncurrent | -93 | -173 | +46.2% |
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| GEORGIA POWER CO | -93 | -173 | +46.2% |
| Increase Decrease In Receivables | 124 | 7 | +1671.4% |
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| ALABAMA POWER CO | 101 | 41 | +146.3% |
| GEORGIA POWER CO | 140 | 94 | +48.9% |
| MISSISSIPPI POWER CO | -9 | -16 | +43.8% |
| SOUTHERN Co GAS | -51 | -115 | +55.7% |
| SOUTHERN POWER CO | 23 | -5 | +560.0% |
| Increase Decrease In Prepaid Expense | -98 | -120 | +18.3% |
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| ALABAMA POWER CO | -84 | -103 | +18.4% |
| Increase Decrease In Income Taxes Receivable (Q) | — | — | — |
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| SOUTHERN POWER CO | -43 | -6 | -616.7% |
| Increase Decrease In Other Operating Assets | -27 | 66 | -140.9% |
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| ALABAMA POWER CO | -25 | 25 | -200.0% |
| GEORGIA POWER CO | -90 | -23 | -291.3% |
| MISSISSIPPI POWER CO | -2 | 10 | -120.0% |
| SOUTHERN Co GAS | 30 | 74 | -59.5% |
| SOUTHERN POWER CO | 14 | 5 | +180.0% |
| Increase Decrease In Fossil Fuel Inventories (Q) | — | — | — |
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| MISSISSIPPI POWER CO | -1 | 13 | -107.7% |
| Change in Accounts Payable | -555 | -394 | -40.9% |
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| ALABAMA POWER CO | -356 | -244 | -45.9% |
| GEORGIA POWER CO | -131 | -325 | +59.7% |
| MISSISSIPPI POWER CO | -28 | -4 | -600.0% |
| SOUTHERN Co GAS | -201 | -95 | -111.6% |
| SOUTHERN POWER CO | -46 | -27 | -70.4% |
| Increase Decrease In Accrued Taxes Payable | -408 | -418 | +2.4% |
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| ALABAMA POWER CO | 105 | 116 | -9.5% |
| GEORGIA POWER CO | -352 | -355 | +0.8% |
| MISSISSIPPI POWER CO | -73 | -64 | -14.1% |
| Increase Decrease In Accrued Salaries | -599 | -537 | -11.5% |
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| ALABAMA POWER CO | -135 | -112 | -20.5% |
| GEORGIA POWER CO | -75 | -68 | -10.3% |
| MISSISSIPPI POWER CO | -26 | -23 | -13.0% |
| SOUTHERN Co GAS | -56 | -60 | +6.7% |
| SOUTHERN POWER CO | -15 | -15 | 0.0% |
| Increase Decrease In Customer Refunds | 5 | -95 | +105.3% |
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| ALABAMA POWER CO | 3 | -95 | +103.2% |
| Increase Decrease In Interest Payable Net | -180 | -82 | -119.5% |
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| MISSISSIPPI POWER CO | -12 | -11 | -9.1% |
| Increase Decrease In Other Operating Liabilities | -4 | -37 | +89.2% |
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| ALABAMA POWER CO | -47 | -118 | +60.2% |
| GEORGIA POWER CO | -52 | 34 | -252.9% |
| SOUTHERN Co GAS | -23 | 2 | -1250.0% |
| SOUTHERN POWER CO | 13 | 22 | -40.9% |
| Increase Decrease Retail Fuel Cost Under Recovery Short Term | 63 | 71 | -11.3% |
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| GEORGIA POWER CO | 78 | 83 | -6.0% |
| MISSISSIPPI POWER CO | -15 | -13 | -15.4% |
| Increase Decrease In Prepaid Taxes (Q) | — | — | — |
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| GEORGIA POWER CO | -55 | — | — |
| Net Cash from Operations | 1,226 | 1,250 | -1.9% |
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| ALABAMA POWER CO | 301 | 227 | +32.6% |
| GEORGIA POWER CO | 380 | 305 | +24.6% |
| MISSISSIPPI POWER CO | -49 | -11 | -345.5% |
| SOUTHERN Co GAS | 808 | 687 | +17.6% |
| SOUTHERN POWER CO | 193 | 146 | +32.2% |
| Stock Option Plan Expense | 97 | 90 | +7.8% |
| Increase Decrease In Materials And Supplies | -85 | 11 | -872.7% |
| Increase Decrease In Over Energy Recovery | -27 | -179 | +84.9% |
| Investing Activities | |||
| Capital Expenditures | -2,944 | -2,437 | -20.8% |
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| ALABAMA POWER CO | -470 | -512 | +8.2% |
| GEORGIA POWER CO | -1,906 | -1,429 | -33.4% |
| MISSISSIPPI POWER CO | -92 | -72 | -27.8% |
| SOUTHERN Co GAS | -323 | -281 | -14.9% |
| SOUTHERN POWER CO | -119 | -187 | +36.4% |
| Payments To Invest In Decommissioning Fund | -442 | -361 | -22.4% |
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| ALABAMA POWER CO | -125 | -115 | -8.7% |
| GEORGIA POWER CO | -316 | -246 | -28.5% |
| Proceeds From Contribution In Aid Of Construction (Q) | — | — | — |
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| MISSISSIPPI POWER CO | 2 | 57 | -96.5% |
| Proceeds From Decommissioning Fund | 442 | 361 | +22.4% |
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| ALABAMA POWER CO | 125 | 115 | +8.7% |
| GEORGIA POWER CO | 316 | 246 | +28.5% |
| Payment Of Capital Contribution To Subsidiary (Q) | — | — | — |
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| SOUTHERN Co GAS | -27 | -19 | -42.1% |
| Payments For Removal Costs | -166 | -168 | +1.2% |
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| ALABAMA POWER CO | -39 | -41 | +4.9% |
| GEORGIA POWER CO | -100 | -103 | +2.9% |
| MISSISSIPPI POWER CO | -9 | -8 | -12.5% |
| SOUTHERN Co GAS | -16 | -16 | 0.0% |
| Change In Construction Payables | -251 | -161 | -55.9% |
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| ALABAMA POWER CO | 14 | -29 | +148.3% |
| MISSISSIPPI POWER CO | -1 | -14 | +92.9% |
| SOUTHERN Co GAS | 6 | -6 | +200.0% |
| Change In Construction Payables Net Of Joint Owner Portion (Q) | — | — | — |
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| GEORGIA POWER CO | -271 | -160 | -69.4% |
| SOUTHERN POWER CO | 2 | 39 | -94.9% |
| Prepaid Long Term Service Agreement (Q) | — | — | — |
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| MISSISSIPPI POWER CO | -6 | -6 | 0.0% |
| SOUTHERN POWER CO | -14 | -13 | -7.7% |
| Other Investing Activities | -60 | -68 | +11.8% |
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| ALABAMA POWER CO | -14 | -9 | -55.6% |
| GEORGIA POWER CO | -12 | -27 | +55.6% |
| SOUTHERN POWER CO | 2 | — | — |
| Net Cash from Investing | -3,421 | -2,834 | -20.7% |
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| ALABAMA POWER CO | -509 | -591 | +13.9% |
| GEORGIA POWER CO | -2,289 | -1,719 | -33.2% |
| MISSISSIPPI POWER CO | -106 | -44 | -140.9% |
| SOUTHERN Co GAS | -360 | -321 | -12.1% |
| SOUTHERN POWER CO | -129 | -161 | +19.9% |
| Right Of Use Asset Obtained In Exchange For Operating Lease Liability | 41 | 87 | -52.9% |
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| GEORGIA POWER CO | 6 | 2 | +200.0% |
| MISSISSIPPI POWER CO | 3 | — | — |
| SOUTHERN Co GAS | 1 | 60 | -98.3% |
| Right Of Use Asset Obtained In Exchange For Operating And Finance Lease Liability (Q) | — | — | — |
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| ALABAMA POWER CO | 9 | 1 | +800.0% |
| Right Of Use Asset Obtained In Exchange For Finance Lease Liability | 2 | 13 | -84.6% |
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| GEORGIA POWER CO | 2 | 13 | -84.6% |
| Stock Issued1 | 54 | 55 | -1.8% |
| Financing Activities | |||
| Proceeds From Notes Payable | 653 | — | — |
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| ALABAMA POWER CO | 30 | — | — |
| MISSISSIPPI POWER CO | 32 | — | — |
| SOUTHERN POWER CO | 23 | — | — |
| Repayments Of Notes Payable (Q) | — | — | — |
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| GEORGIA POWER CO | -135 | — | — |
| SOUTHERN Co GAS | -170 | -141 | -20.6% |
| Proceeds From Other Short Term Debt | 350 | — | — |
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| GEORGIA POWER CO | 250 | — | — |
| Proceeds From Federal Financing Bank Loan (Q) | — | — | — |
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| GEORGIA POWER CO | 1,016 | — | — |
| Repayments Of Other Short Term Debt | -50 | — | — |
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| GEORGIA POWER CO | -50 | — | — |
| Proceeds From Issuance Of Senior Long Term Debt (Q) | — | — | — |
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| MISSISSIPPI POWER CO | 75 | 100 | -25.0% |
| Repayments Of Federal Financing Bank Loan (Q) | — | — | — |
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| GEORGIA POWER CO | -21 | -21 | 0.0% |
| Proceeds From Minority Shareholders (Q) | — | — | — |
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| SOUTHERN POWER CO | 4 | 19 | -78.9% |
| Repayments Of Other Long Term Debt (Q) | — | — | — |
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| ALABAMA POWER CO | -45 | — | — |
| Payments To Minority Shareholders | -47 | -37 | -27.0% |
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| SOUTHERN POWER CO | -47 | -37 | -27.0% |
| Proceeds From Contributions From Parent (Q) | — | — | — |
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| ALABAMA POWER CO | 225 | 525 | -57.1% |
| GEORGIA POWER CO | 1,500 | 700 | +114.3% |
| MISSISSIPPI POWER CO | 90 | 50 | +80.0% |
| Payments Of Dividends Common Stock | -776 | -736 | -5.4% |
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| ALABAMA POWER CO | -301 | -305 | +1.3% |
| GEORGIA POWER CO | -644 | -552 | -16.7% |
| MISSISSIPPI POWER CO | -48 | -48 | 0.0% |
| SOUTHERN Co GAS | -141 | -149 | +5.4% |
| SOUTHERN POWER CO | -72 | -70 | -2.9% |
| Proceeds From Payments For Other Financing Activities | -191 | -133 | -43.6% |
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| ALABAMA POWER CO | 8 | -4 | +300.0% |
| GEORGIA POWER CO | -42 | -48 | +12.5% |
| MISSISSIPPI POWER CO | -1 | -1 | 0.0% |
| SOUTHERN Co GAS | -10 | -10 | 0.0% |
| SOUTHERN POWER CO | -5 | -3 | -66.7% |
| Net Cash from Financing | 1,542 | 2,815 | -45.2% |
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| ALABAMA POWER CO | -83 | 718 | -111.6% |
| GEORGIA POWER CO | 1,874 | 1,679 | +11.6% |
| MISSISSIPPI POWER CO | 148 | 87 | +70.1% |
| SOUTHERN Co GAS | -321 | -323 | +0.6% |
| SOUTHERN POWER CO | -97 | 39 | -348.7% |
| Proceeds From Issuance Of Long Term Debt And Capital Securities Net | 2,390 | 4,567 | -47.7% |
| Proceeds From Issuance Of Common Stock | 535 | 30 | +1683.3% |
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| Private Placement | 506 | — | — |
| Repayments Of Long Term Debt And Capital Securities | -1,322 | -35 | -3677.1% |
| Supplemental | |||
| Interest Paid | 901 | 756 | +19.2% |
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| ALABAMA POWER CO | 153 | 139 | +10.1% |
| GEORGIA POWER CO | 218 | 188 | +16.0% |
| MISSISSIPPI POWER CO | 32 | 30 | +6.7% |
| SOUTHERN Co GAS | 129 | 111 | +16.2% |
| SOUTHERN POWER CO | 13 | 22 | -40.9% |
| Income Taxes Paid (Q) | — | — | — |
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| SOUTHERN Co GAS | -1 | -1 | 0.0% |
| SOUTHERN POWER CO | 1 | — | — |
| Unpaid Capital Expenditures | 1,049 | 940 | +11.6% |
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| ALABAMA POWER CO | 115 | 119 | -3.4% |
| GEORGIA POWER CO | 753 | 551 | +36.7% |
| MISSISSIPPI POWER CO | 37 | 22 | +68.2% |
| SOUTHERN Co GAS | 118 | 104 | +13.5% |
| SOUTHERN POWER CO | 55 | 99 | -44.4% |
| Other Cash Flow | |||
| Net Change in Cash | -653 | 1,231 | -153.0% |
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| ALABAMA POWER CO | -291 | 354 | -182.2% |
| GEORGIA POWER CO | -35 | 265 | -113.2% |
| MISSISSIPPI POWER CO | -7 | 32 | -121.9% |
| SOUTHERN Co GAS | 127 | 43 | +195.3% |
| SOUTHERN POWER CO | -33 | 24 | -237.5% |
| Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents | 987 | 2,332 | -57.7% |
Show Legal Entity breakouts |
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| ALABAMA POWER CO | 275 | 939 | -70.7% |
| GEORGIA POWER CO | 24 | 383 | -93.7% |
| MISSISSIPPI POWER CO | 19 | 45 | -57.8% |
| SOUTHERN Co GAS | 142 | 87 | +63.2% |
| SOUTHERN POWER CO | 72 | 192 | -62.5% |
Values in millions USD. Source: SEC EDGAR 10-Q filing.