Southern (SO) Operating Income (2009 - 2026)
Southern (SO) reported Operating Income of $1.78 billion for Q2 2026, up 0.7% from $1.76 billion a year earlier but down 12.0% from the prior quarter.
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Analysis
Southern (SO) Operating Income (2009 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, Southern's Operating Income came in at $7.31 billion, up 1.5% year-over-year; for FY2025, it was $7.29 billion, up 3.1% from FY2024.
- Operating Income has increased for four consecutive years, with a five-year compound annual growth rate of 8.3% (FY2020 to FY2025).
- By year, Operating Income came in at $7.07 billion in FY2024 (+21.3%), $5.83 billion in FY2023 (+8.5%), $5.37 billion in FY2022 (+45.2%) and $3.7 billion in FY2021 (-24.3%).
- Five-year quarterly Operating Income spans a low of -$331 million in Q4 2021 and a high of $2.59 billion in Q3 2025.
- Year over year, Operating Income gained in five of the last eight quarters, with growth averaging 0.8%.
- The high point for year-over-year Operating Income in five years was Q4 2023 (growth of 774.6%); the low point was Q2 2023 (a decline of 22.1%).
- Per Business Quant data, the three quarters before Q2 2026 came in at $2.02 billion (Q1 2026), $917 million (Q4 2025) and $2.59 billion (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Op. Inc (Qtr) |
|---|---|---|---|---|---|
| 1 | Enel Chile | 287.73 Bn | 287.73 Bn | 890.00 Mn | 685.00 Mn |
| 2 | Nextera Energy | 160.25 Bn | 161.15 Bn | - | 2.24 Bn |
| 3 | Southern | 96.31 Bn | 87.36 Bn | 5.92 Bn | 1.78 Bn |
| 4 | Duke Energy | 88.79 Bn | 87.40 Bn | 6.74 Bn | 2.73 Bn |
| 5 | National Grid | 79.16 Bn | 60.69 Bn | - | - |
| 6 | American Electric Power | 65.09 Bn | 63.47 Bn | 3.84 Bn | 1.25 Bn |
| 7 | Dominion Energy | 53.95 Bn | 56.63 Bn | - | 329.00 Mn |
| 8 | Sempra | 51.22 Bn | 50.35 Bn | 2.89 Bn | 711.00 Mn |
| 9 | Entergy | 47.09 Bn | 36.28 Bn | - | 850.09 Mn |
| 10 | Xcel Energy | 44.58 Bn | 39.49 Bn | - | 706.00 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 1.78 Bn |
| Mar 31, 2026 | 2.02 Bn |
| Dec 31, 2025 | 917.00 Mn |
| Sep 30, 2025 | 2.59 Bn |
| Jun 30, 2025 | 1.76 Bn |
| Mar 31, 2025 | 2.01 Bn |
| Dec 31, 2024 | 1.06 Bn |
| Sep 30, 2024 | 2.37 Bn |
| Jun 30, 2024 | 1.94 Bn |
| Mar 31, 2024 | 1.70 Bn |
| Dec 31, 2023 | 1.21 Bn |
| Sep 30, 2023 | 2.11 Bn |
| Jun 30, 2023 | 1.29 Bn |
| Mar 31, 2023 | 1.22 Bn |
| Dec 31, 2022 | 138.00 Mn |
| Sep 30, 2022 | 2.19 Bn |
| Jun 30, 2022 | 1.66 Bn |
| Mar 31, 2022 | 1.38 Bn |
| Dec 31, 2021 | -331.00 Mn |
| Sep 30, 2021 | 1.72 Bn |
API Access
Southern Operating Income API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=operating-income&ticker=SO&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-income", "ticker": "SO", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=operating-income&ticker=SO&period=max&api_key=YOUR_API_KEY");
const data = await res.json();