Southern Company — Third Quarter 2026 Earnings Summary

Southern Company reported third-quarter 2026 earnings of $2.0 billion, or $1.77 per share, representing an increase from $1.7 billion, or $1.55 per share, in the same period of 2025. For the nine months ended September 30, 2026, the company earned $4.6 billion, or $4.02 per share, compared to $3.9 billion, or $3.56 per share, in the prior year period. Excluding specific items such as accelerated depreciation from repowering and losses on debt extinguishment, adjusted earnings for the third quarter were $2.2 billion, or $1.94 per share, up from $1.8 billion, or $1.60 per share, in 2025. Operating revenues for the quarter rose 13.0% to $8.8 billion, driven by warmer weather, increased usage, customer growth, and higher earnings from Southern Power.