CSIMarket
 
The Southern Company  (NYSE: SO)
    Sector  Utilities    Industry Electric Utilities
   Industry Electric Utilities
   Sector  Utilities
 

The Southern's Customers Performance

SO



 
SO's Source of Revenues The Southern's Corporate Customers have recorded a surge in their cost of revenue by 177.35 % in the 1 quarter 2026 year on year, sequentially costs of revenue grew by 131.16 %. During the corresponding time, The Southern Company recorded a revenue increase by 8 % year on year, sequentially revenue grew by 20.28 %. While revenue at the The Southern Company's corporate clients recorded rose by 121.2 % year on year, sequentially revenue grew by 108.57 %.

List of SO Customers




The Southern's Customers have recorded a surge in their cost of revenue by 177.35 % in the 1 quarter 2026 year on year, sequentially costs of revenue grew by 131.16 %, for the same period The Southern Company recorded revenue increase by 8 % year on year, sequentially revenue grew by 20.28 %.

List of SO Customers

The Southern's Business Units
Residential    12.24 % of total Revenue
Commercial    3.01 % of total Revenue
Industrial    0.29 % of total Revenue
Other    0.04 % of total Revenue
Retail electric revenues    55.25 % of total Revenue
Natural gas distribution revenues    22.51 % of total Revenue
Transportation    5.24 % of total Revenue
Wholesale electric revenues    8.74 % of total Revenue
PPA energy revenues    5.91 % of total Revenue
PPA capacity revenues    1.77 % of total Revenue
Non-PPA revenues    1.06 % of total Revenue
Other natural gas revenues    3.38 % of total Revenue
Gas marketing services    3.35 % of total Revenue
Other revenues    5.87 % of total Revenue
Other revenue sources    4.25 % of total Revenue
ALABAMA POWER CO    24.91 % of total Revenue
ALABAMA POWER CO Residential    9.21 % of total Revenue
ALABAMA POWER CO Commercial    5.68 % of total Revenue
ALABAMA POWER CO Industrial    4.93 % of total Revenue
ALABAMA POWER CO Other    0.04 % of total Revenue
ALABAMA POWER CO Retail electric revenues    19.85 % of total Revenue
ALABAMA POWER CO Wholesale electric revenues    2.18 % of total Revenue
ALABAMA POWER CO PPA energy revenues    0.55 % of total Revenue
ALABAMA POWER CO PPA capacity revenues    0.21 % of total Revenue
ALABAMA POWER CO Non-PPA revenues    1.42 % of total Revenue
ALABAMA POWER CO Other revenues    0.93 % of total Revenue
ALABAMA POWER CO Other revenue sources    1.95 % of total Revenue
GEORGIA POWER CO    37.42 % of total Revenue
GEORGIA POWER CO Residential    13.7 % of total Revenue
GEORGIA POWER CO Commercial    13.15 % of total Revenue
GEORGIA POWER CO Industrial    5.22 % of total Revenue
GEORGIA POWER CO Other    0.3 % of total Revenue
GEORGIA POWER CO Retail electric revenues    32.36 % of total Revenue
GEORGIA POWER CO Wholesale electric revenues    1.81 % of total Revenue
GEORGIA POWER CO PPA energy revenues    0.76 % of total Revenue
GEORGIA POWER CO PPA capacity revenues    0.52 % of total Revenue
GEORGIA POWER CO Non-PPA revenues    0.52 % of total Revenue
GEORGIA POWER CO Other revenues    2.81 % of total Revenue
GEORGIA POWER CO Other revenue sources    0.44 % of total Revenue
MISSISSIPPI POWER CO    5.62 % of total Revenue
MISSISSIPPI POWER CO Residential    0.95 % of total Revenue
MISSISSIPPI POWER CO Commercial    0.98 % of total Revenue
MISSISSIPPI POWER CO Industrial    1.07 % of total Revenue
MISSISSIPPI POWER CO Other    0.04 % of total Revenue
MISSISSIPPI POWER CO Retail electric revenues    3.04 % of total Revenue
MISSISSIPPI POWER CO Wholesale electric revenues    2.31 % of total Revenue
MISSISSIPPI POWER CO PPA energy revenues    0.05 % of total Revenue
MISSISSIPPI POWER CO PPA capacity revenues    0.25 % of total Revenue
MISSISSIPPI POWER CO Non-PPA revenues    2.01 % of total Revenue
MISSISSIPPI POWER CO Other revenues    0.18 % of total Revenue
MISSISSIPPI POWER CO Other revenue sources    0.1 % of total Revenue
SOUTHERN POWER CO    8.11 % of total Revenue
SOUTHERN POWER CO Wholesale electric revenues    6.18 % of total Revenue
SOUTHERN POWER CO PPA energy revenues    4.67 % of total Revenue
SOUTHERN POWER CO PPA capacity revenues    0.99 % of total Revenue
SOUTHERN POWER CO Non-PPA revenues    0.52 % of total Revenue
SOUTHERN POWER CO Other revenues    0.05 % of total Revenue
SOUTHERN POWER CO Other revenue sources    1.88 % of total Revenue
SOUTHERN Co GAS    26.12 % of total Revenue
SOUTHERN Co GAS Natural gas distribution revenues    22.51 % of total Revenue
SOUTHERN Co GAS Residential    12.24 % of total Revenue
SOUTHERN Co GAS Commercial    3.01 % of total Revenue
SOUTHERN Co GAS Transportation    5.24 % of total Revenue
SOUTHERN Co GAS Industrial    0.29 % of total Revenue
SOUTHERN Co GAS Other    0.04 % of total Revenue
SOUTHERN Co GAS Other natural gas revenues    3.38 % of total Revenue
SOUTHERN Co GAS Gas marketing services    3.35 % of total Revenue
SOUTHERN Co GAS Other revenue sources    0.2 % of total Revenue
Traditional Electric Companies Wholesale revenues affiliates SOUTHERN POWER CO    1.19 % of total Revenue
Electric Utilities    71.72 % of total Revenue
Traditional Electric Companies    65.29 % of total Revenue
Eliminations    -0.4 % of total Revenue
Eliminations SOUTHERN Co GAS    -0.05 % of total Revenue
Eliminations Electric Utilities    -1.68 % of total Revenue
All Other    2.6 % of total Revenue
All Other SOUTHERN Co GAS    0.02 % of total Revenue
Reportable ALABAMA POWER CO    24.91 % of total Revenue
Reportable GEORGIA POWER CO    37.42 % of total Revenue
Reportable MISSISSIPPI POWER CO    5.62 % of total Revenue
Reportable SOUTHERN POWER CO    8.11 % of total Revenue
Electric Utilities Eliminations    -1.68 % of total Revenue
Gas distribution operations SOUTHERN Co GAS    22.63 % of total Revenue
Gas Pipeline Investments SOUTHERN Co GAS    0.1 % of total Revenue
Gas marketing services SOUTHERN Co GAS    3.39 % of total Revenue




   
Customers Net Income grew in Q1 by Customers Net margin grew to
164.94 % 8.75 %
Customers Net Income grew in Q1 by 164.94 %


Customers Net margin grew to 8.75 %



The Southern's Customers, Q1 2026 Revenue Growth By Industry
Customers in Aluminum Industry -5.22 %   
Customers in Paper & Paper Products Industry -3.49 %   
Customers in Construction Raw Materials Industry -10.2 %   
Customers in Aerospace & Defense Industry      13.96 %
Customers in EV, Auto & Truck Manufacturers Industry      10.19 %
Customers in Oil And Gas Production Industry -70.73 %   
Customers in Renewable Energy Services & Equipment Industry      8.68 %
Customers in Property & Casualty Insurance Industry      4.4 %
Customers in Communications Services Industry      18.6 %
Customers in Electric Utilities Industry      14.43 %
Customers in Natural Gas Utilities Industry      14.04 %
     
• Customers Valuation • Customers Mgmt. Effect.


The Southern's Comment on Sales, Marketing and Customers



The Southern Company System serves a range of customers and markets, including Georgia Power, Alabama Power Company, Alabama Municipal Electric Authority, Atlanta Gas Light Company, Chattanooga Gas Company, and Cooperative Energy, an electric generation and transmission cooperative in Mississippi. Its operations encompass electric utilities and gas services, and it functions under regulatory bodies such as the Georgia Public Service Commission. The company is involved in projects including the construction of Plant Vogtle Units 3 and 4. Among its customers are municipal authorities like the City of Dalton, Georgia.





The Southern’s Comment on Sales, Marketing and Customers


The Southern Company System serves a range of customers and markets, including Georgia Power, Alabama Power Company, Alabama Municipal Electric Authority, Atlanta Gas Light Company, Chattanooga Gas Company, and Cooperative Energy, an electric generation and transmission cooperative in Mississippi. Its operations encompass electric utilities and gas services, and it functions under regulatory bodies such as the Georgia Public Service Commission. The company is involved in projects including the construction of Plant Vogtle Units 3 and 4. Among its customers are municipal authorities like the City of Dalton, Georgia.








SO's vs. Customers, Data

(Revenue and Income for Trailing 12 Months, in Millions of $, except Employees)



COMPANY NAME MARKET CAP REVENUES INCOME EMPLOYEES
The Southern Company 99,388.08 28,912.00 4,296.00 29,800
Edison International 21,969.99 19,609.00 3,779.00 13,725
Nisource Inc 19,904.45 13,644.20 1,042.10 7,748
Wec Energy Group Inc 34,843.67 9,547.20 1,691.80 7,151
Ameren Corporation 29,641.25 8,958.00 1,416.00 17,000
Nrg Energy Inc 25,232.24 32,384.00 239.00 16,702
SUBTOTAL 5,291,733.57 3,577,778.26 261,343.51 3,945,946
37 more clients available

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Sources: The Southern Company’s official press releases and regulatory filings; CSIMarket.com’s market research; and the financial filings and press releases of other companies cited in this report.
Updated on:
Focus of this report: The Southern Company’s corporate clients.
For your research, we’ve provided 9 tables on The Southern Company corporate clients.
You can find them in the navigation menu under Customers & Markets.
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