The Southern Company (SOMN) Income Statement
SOMN 2025 at a glance
Fiscal year ended December 31, 2025 · U.S. dollarsSOMN revenue and net income
Where SOMN's revenue goes
2025Each bar shows an amount and its share of revenue. SOMN kept 14.7% of revenue as net income.
SOMN profit margins
SOMN growth rates
to 2025| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Revenue | +10.6% | +0.3% | +7.7% | +5.4% |
| Gross profit | −34.0% | −6.1% | −2.3% | +1.4% |
| Operating income | +2.9% | +10.6% | +8.3% | +5.4% |
| Net income | −1.4% | +7.1% | +6.7% | +6.0% |
| EPS (diluted) | −1.3% | +6.5% | +5.7% | +3.9% |
1-year change and average annual growth (CAGR) over 3, 5 and 10 fiscal years. "—" when a starting value was zero or negative.
SOMN quarterly EPS vs estimates
Southern beat the analyst EPS estimate in 1 of the last 1 quarters.
SOMN income statement
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $29.55B | $26.72B | $25.25B | $29.28B | $23.11B | $20.38B | $21.42B | $23.50B | $23.03B | $19.90B |
| Cost of revenue | $20.74B | $13.38B | $13.54B | $18.65B | $12.87B | $10.48B | $11.82B | $13.88B | $13.12B | $11.37B |
| Gross profit | $8.81B | $13.34B | $11.71B | $10.63B | $10.25B | $9.90B | $9.60B | $9.62B | $9.91B | $8.53B |
| Total operating expenses | $1.54B | $6.27B | $5.88B | $5.26B | $6.55B | $5.01B | $1.87B | $5.42B | $7.58B | $4.04B |
| Operating income | $7.27B | $7.07B | $5.83B | $5.37B | $3.70B | $4.88B | $7.74B | $4.19B | $2.33B | $4.49B |
| Interest expense | $3.31B | $2.74B | $2.45B | $2.02B | $1.84B | $1.82B | $1.74B | $1.84B | $1.69B | $1.32B |
| Income before taxes | $5.00B | $5.23B | $4.34B | $4.22B | $2.58B | $3.50B | $6.54B | $2.75B | $1.07B | $3.48B |
| Income taxes | $828.0M | $969.0M | $496.0M | $795.0M | $267.0M | $393.0M | $1.80B | $449.0M | $142.0M | $951.0M |
| Net income | $4.34B | $4.40B | $3.98B | $3.54B | $2.41B | $3.13B | $4.75B | $2.24B | $880.0M | $2.49B |
| EBITDA | $14.33B | $13.24B | $11.78B | $10.31B | $8.39B | $9.22B | $11.61B | $8.14B | $6.22B | $7.72B |
| EPS (diluted) | $3.91 | $3.96 | $3.62 | $3.24 | $2.27 | $2.96 | $4.51 | $2.17 | $0.87 | $2.52 |
| Gross margin | 29.8% | 49.9% | 46.4% | 36.3% | 44.3% | 48.6% | 44.8% | 40.9% | 43.1% | 42.9% |
| Operating margin | 24.6% | 26.4% | 23.1% | 18.3% | 16.0% | 24.0% | 36.1% | 17.8% | 10.1% | 22.5% |
| Net margin | 14.7% | 16.5% | 15.7% | 12.1% | 10.4% | 15.4% | 22.2% | 9.5% | 3.8% | 12.5% |
| Jun '26 | Mar '26 | Dec '25 | Sep '25 | Jun '25 | Mar '25 | Dec '24 | Sep '24 | Jun '24 | Mar '24 | Dec '23 | Sep '23 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $6.98B | $8.40B | $6.98B | $7.82B | $6.97B | $7.78B | $6.34B | $7.27B | $6.46B | $6.65B | $6.04B | $6.98B |
| Cost of revenue | $3.40B | $4.50B | $5.67B | $3.52B | $3.48B | $4.03B | $3.68B | $3.32B | $2.98B | $3.40B | $3.56B | $3.23B |
| Gross profit | $3.58B | $3.90B | $1.31B | $4.30B | $3.49B | $3.74B | $2.66B | $3.95B | $3.48B | $3.24B | $2.49B | $3.75B |
| Total operating expenses | $1.80B | $1.88B | $402.0M | $1.71B | $1.73B | $1.73B | $1.60B | $1.58B | $1.54B | $1.54B | $1.28B | $1.64B |
| Operating income | $1.78B | $2.02B | $911.0M | $2.59B | $1.76B | $2.01B | $1.06B | $2.37B | $1.94B | $1.70B | $1.21B | $2.11B |
| Interest expense | $796.0M | $778.0M | $962.0M | $755.0M | $874.0M | $714.0M | $693.0M | $692.0M | $694.0M | $665.0M | $634.0M | $620.0M |
| Income before taxes | $1.38B | $1.57B | $196.0M | $2.11B | $1.14B | $1.55B | $545.0M | $1.91B | $1.48B | $1.29B | $800.0M | $1.73B |
| Income taxes | $201.0M | $228.0M | −$145.0M | $400.0M | $289.0M | $280.0M | $79.0M | $377.0M | $290.0M | $223.0M | $4.0M | $297.0M |
| Net income | $1.17B | $1.36B | $416.0M | $1.71B | $880.0M | $1.33B | $534.0M | $1.53B | $1.20B | $1.13B | $855.0M | $1.42B |
| EBITDA | $3.37B | $3.92B | $2.76B | $4.43B | $3.46B | $3.67B | $2.59B | $3.95B | $3.48B | $3.22B | $2.72B | $3.61B |
| EPS (diluted) | — | — | — | $1.54 | — | — | — | — | — | — | — | — |
| Gross margin | 51.3% | 46.5% | 18.8% | 55.0% | 50.1% | 48.1% | 42.0% | 54.3% | 53.9% | 48.8% | 41.2% | 53.8% |
| Operating margin | 25.5% | 24.0% | 13.0% | 33.2% | 25.3% | 25.9% | 16.7% | 32.6% | 30.0% | 25.6% | 20.0% | 30.2% |
| Net margin | 16.8% | 16.1% | 6.0% | 21.9% | 12.6% | 17.2% | 8.4% | 21.1% | 18.6% | 17.0% | 14.1% | 20.4% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported in SOMN's financial statements (latest annual report filed February 19, 2026); data from EODHD. Sales, general & administrative expenses include sales and marketing.
SOMN financial results
In fiscal year 2025 (ended December 31, 2025), Southern reported revenue of $29.6 billion, up 10.6% from the year before. It had net income of $4.3 billion (down 1.4%), a net profit margin of 14.7%. Diluted earnings per share came to $3.91. Over five years revenue grew at an average rate of 7.7% a year.
See the SOMN stock overview for the latest quote and news, or the SOMN chart for price history and technical indicators.
SOMN income statement FAQ
What is Southern's annual revenue?
Southern reported total revenue of $29.6 billion for fiscal year 2025, which ended on December 31, 2025. That was up 10.6% from $26.7 billion the previous year.
Is Southern profitable?
Yes. Southern reported net income of $4.3 billion in fiscal 2025, a net profit margin of 14.7%; its operating margin was 24.6%.
What is Southern's gross margin?
Southern's gross margin was 29.8% in fiscal 2025: for every $100 of revenue, Southern kept $30 after the direct cost of its products and services.
How fast is Southern growing?
Revenue grew 7.7% a year on average over the last five fiscal years, from $20.4 billion to $29.6 billion.
What are Southern's earnings per share?
Southern earned $3.91 per diluted share in fiscal 2025, compared with $3.96 a year earlier.
When does Southern's fiscal year end?
Southern's fiscal year ends in December. The latest annual report covers the year ended December 31, 2025 and was filed on February 19, 2026.
Utilities - Regulated Electric income statements
- KEPKorea Electric Power
- EDNEmpresa Distribuidora y Comercializadora Norte Sociedad Anónima
- CEPUCentral Puerto
- CIGCompanhia Energética de Minas Gerais
- CIG.CEnergy of Minas Gerais Co DRC
- DUKDuke Energy
- SOSouthern Company
- NEENextEra Energy
- ELPCCompanhia Paranaense de Energia - COPEL
- PCGPG&E
- EXCExelon
- AEPAmerican Electric Power