NYSE$SO
Southern Co · Q3 2025 earnings
Q3 2025 earnings · · Before market open · Investor relations
Briefing
Southern Company reported Q3 2025 total operating revenues of $7.82B with consolidated net income of $1.71B and diluted EPS of $1.54.
Total operating revenues were $7.82 billion with consolidated net income of $1.71 billion and diluted EPS of $1.54. Regulated electric and gas utilities benefited from rate recovery, customer growth, and constructive regulatory outcomes across subsidiaries.
- Q3 total operating revenues $7.82B.
- Consolidated net income $1.71B; diluted EPS $1.54.
- Retail electric and natural gas revenue growth.
- Major generation and grid investment programs ongoing.
Headline financials
Revenue & EPS history
Southern Co · Revenue · Quarterly
$7.82B
Revenue by segment
Southern Co · $7.02B total across 3 segments · Q3 2023
- Alabama Power$5.67B-18.2%80.9%
- Southern Company Gas$689M-19.6%9.8%
- Southern Power$653M-44.7%9.3%
Forward guidance
Southern Company discussed regulated rate recovery, major generation and transmission investments, and dividend growth supported by constructive regulation.
Tailwinds
- Retail electric and gas revenue growth.
- Vogtle units operating; nuclear reliability.
- Dividend track record and balance sheet.
Headwinds
- Storm restoration and weather risk.
- Large capex and financing needs.
- Fuel cost recovery lag in some jurisdictions.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 20 quarterly earnings reports · overlaid with Q3 2025
+0.1%
Avg return
Earnings day
+0.4%
Avg return
5 days after
-0.4%
Avg return
30 days after
49%
36 / 73 earnings
Positive
+6.1%
Q2 2024
Best reaction
-5.2%
Q1 2020
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2026 | +3.8% | +2.6% | -1.5% | |
| Q4 2025 | +1.0% | +5.2% | +2.6% | |
| Q3 2025 | +1.7% | -0.8% | -2.6% | |
| Q2 2025 | -0.3% | +0.8% | -3.0% | |
| Q1 2025 | -0.5% | -0.7% | -2.1% | |
| Q4 2024 | +1.5% | +3.9% | +3.3% | |
| Q3 2024 | -0.9% | -0.7% | -0.3% | |
| Q2 2024 | +6.1% | +3.5% | +3.4% | |
| Q1 2024 | +1.8% | +3.3% | +7.5% | |
| Q4 2023 | -2.0% | -1.1% | +1.9% | |
| Q3 2023 | +2.9% | +0.4% | +4.5% | |
| Q2 2023 | -4.4% | -3.0% | -5.3% | |
| Q1 2023 | +1.3% | +0.8% | -4.3% | |
| Q4 2022 | -0.2% | -1.8% | +1.7% | |
| Q3 2022 | +1.1% | -0.2% | +1.9% | |
| Q2 2022 | +5.0% | +3.6% | +6.7% | |
| Q1 2022 | -0.1% | -0.5% | +3.5% | |
| Q4 2021 | -1.7% | -0.9% | +4.9% | |
| Q3 2021 | +0.9% | +1.3% | +0.4% | |
| Q2 2021 | -0.2% | +0.2% | +3.1% | |
| Q1 2021 | +2.8% | +3.2% | -0.7% | |
| Q4 2020 | +0.1% | -0.6% | +0.7% | |
| Q3 2020 | -1.6% | +2.6% | +3.9% | |
| Q2 2020 | -1.4% | -1.7% | -5.4% | |
| Q1 2020 | -5.2% | -3.0% | -0.5% | |
| Q4 2019 | +0.6% | -2.6% | -32.4% | |
| Q3 2019 | +2.9% | +1.3% | +1.8% | |
| Q2 2019 | +3.1% | +1.2% | +5.4% | |
| Q1 2019 | -0.9% | -0.4% | +0.5% | |
| Q4 2018 | +2.7% | +1.3% | +6.1% | |
| Q3 2018 | +2.0% | +2.7% | +2.9% | |
| Q2 2018 | -4.6% | -5.5% | -9.7% | |
| Q1 2018 | +1.0% | -0.8% | -3.5% | |
| Q4 2017 | -1.0% | +1.3% | -0.8% | |
| Q3 2017 | +2.0% | -1.1% | -2.1% | |
| Q2 2017 | +1.7% | +1.0% | -0.6% | |
| Q1 2017 | +0.6% | +1.1% | +3.0% | |
| Q4 2016 | +2.9% | +4.1% | +4.4% | |
| Q3 2016 | -0.4% | -1.2% | -7.7% | |
| Q2 2016 | -2.2% | -1.5% | -6.2% | |
| Q1 2016 | +1.5% | — | — | |
| Q4 2015 | -2.4% | — | — | |
| Q3 2015 | -1.6% | — | — | |
| Q2 2015 | +1.9% | — | — | |
| Q1 2015 | -0.8% | — | — | |
| Q4 2014 | -2.1% | — | — | |
| Q3 2014 | -1.9% | — | — | |
| Q2 2014 | -3.5% | — | — | |
| Q1 2014 | -2.5% | — | — | |
| Q4 2013 | -0.9% | — | — | |
| Q3 2013 | -3.5% | — | — | |
| Q2 2013 | -2.4% | — | — | |
| Q1 2013 | -1.2% | — | — | |
| Q4 2012 | -0.9% | — | — | |
| Q3 2012 | -3.6% | — | — | |
| Q2 2012 | +2.1% | — | — | |
| Q1 2012 | +0.0% | — | — | |
| Q4 2011 | +0.4% | — | — | |
| Q3 2011 | +1.8% | — | — | |
| Q2 2011 | -2.4% | — | — | |
| Q1 2011 | +0.5% | — | — | |
| Q4 2010 | +1.0% | — | — | |
| Q3 2010 | -0.3% | — | — | |
| Q2 2010 | +0.6% | — | — | |
| Q1 2009 | +4.2% | — | — | |
| Q1 2010 | +0.6% | — | — | |
| Q4 2009 | -1.1% | — | — | |
| Q4 2007 | -1.1% | — | — | |
| Q3 2009 | +1.9% | — | — | |
| Q3 2008 | +1.9% | — | — | |
| Q2 2008 | -0.2% | — | — | |
| Q2 2009 | -0.2% | — | — | |
| Q4 2008 | -0.2% | — | — |
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