The Southern Company
As of Fiscal Year 2025 (ended December 31, 2025)
Key KPIs at a Glance
| Metric | Value |
|---|---|
| Total operating revenues (FY2025) | $29.553 billion, up 10.6% year-over-year |
| GAAP net income (FY2025) | $4.341 billion, down slightly from $4.401 billion in FY2024 |
| Adjusted (non-GAAP) net income (FY2025) | $4.747 billion, up 6.8% from $4.443 billion in FY2024 |
| GAAP diluted EPS (FY2025) | $3.94, versus $4.02 in FY2024 |
| Adjusted diluted EPS (FY2025) | $4.30, versus $4.05 in FY2024 |
| Net income available to common by segment (FY2025) | Georgia Power $2.851B; Alabama Power $1.516B; Southern Company Gas $732M; Mississippi Power $215M; Southern Power $125M; Parent Company and Other $(1.098)B loss |
| Total regulated utility customers (Dec. 2025) | 9.005 million (4.590 million traditional electric, 4.415 million natural gas) |
| Employees | nearly 30,000 across Southern Company's operating subsidiaries |
Sources: Total and segment operating revenues, segment net income, and GAAP/adjusted (non-GAAP) net income and EPS are from Southern Company's Q4/full-year 2025 earnings release (Exhibit 99.1 to its Form 8-K filed February 19, 2026); FY2021-FY2024 total revenue history is from Southern Company's respective annual earnings releases. Segment operating revenues (Georgia Power, Alabama Power, Mississippi Power, Southern Power, Southern Company Gas) sum to slightly more than consolidated total operating revenues, mainly reflecting intersegment eliminations and other parent-level items; that gap is called out in the revenue pie's subtitle. Segment net income also includes a 'Parent Company and Other' category that ran a loss in both FY2025 and FY2024 (financing costs, eliminations, and non-utility items at the holding-company level), so net income by segment is shown in the KPI table rather than as a pie, since a pie chart cannot display a negative slice. No credible market-share estimate applies to Southern Company's core business: its principal subsidiaries (Georgia Power, Alabama Power, Mississippi Power, Southern Power, Southern Company Gas) are regulated, franchised electric and gas utilities that serve as the primary or sole provider within their service territories rather than competing for share in an open market, so no market-share widget is included.