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Southern (SO) Q3 2026 earnings results (third quarter 2026)

8-K filed Nov 5, 2026

Southern (SO) reported revenue of $8.8B for the third quarter 2026 (Q3 2026), +13% from a year earlier. Operating margin was 33.9%, net earnings $2.0B (23.1% of revenue).

Revenue$8.8B
Year over year+13%
Quarter over quarter—
Operating margin33.9%
Net earnings$2.0B

Southern, Q3 2026: revenue $8.8B (+13% year over year), operating margin 33.9%, net earnings $2.0B. The chart follows the revenue to costs, profit and cash.

Q3 2026AmountQ/QY/Y
Revenue$8.8B—+13%
Operating profit$3.0B—+16%
Net earnings$2.0B—+20%

What changed

Revenue was $8.8B in Q3 2026, up 13% year over year. Non-fuel was the largest line at 58% of revenue. Non-fuel added $0.69B year over year (up 16%), 68% of the total change. Other electric revenues declined 13%.

Operating profit was $3.0B, a 33.9% margin (up 0.8 points year over year). Of the extra revenue versus Q3 2025, 40% reached operating profit, above the 33% margin then. Total costs grew 12% against revenue growth of 13%. Net earnings were $2.0B, up 20% year over year. The effective tax rate was 18.5%.

Questions

What was Southern's revenue in the third quarter 2026?

Southern (SO) reported revenue of $8.8B for the third quarter 2026 (Q3 2026), +13% from a year earlier.

Was Southern profitable in the third quarter 2026?

Operating profit was $3.0B (33.9% of revenue) and net earnings $2.0B.

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Source: Southern 8-K on SEC EDGAR.