The Southern Company
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Financial Performance
Revenue
$29.553B
Market Cap
$91.0B
Net Income
$4.3B
Employees
28,000
Southern Company is functioning as a critical, regulated electric utility serving the southeastern United States, extracting stable, predictable regulated returns from its power generation and transmission infrastructure. Under CEO Christopher Womack, the utility giant generated exactly $26.0 billion in revenue and maintains a $91.0 billion market cap with exactly 28000 employees. The financial narrative in 2026 is entirely defined by extraordinary AI data center load growth; capitalizing on the most unprecedented surge in electricity demand since electrification itself, Southern Company extracts increasingly lucrative rate base growth by furiously securing regulatory approval to build new generation capacity — particularly nuclear and gas peaker plants — to serve the insatiable power requirements of hyperscale data centers flooding into Georgia and Alabama.
Revenue Trend Analysis
YoY Change
+10.6%
2-Year CAGR
+8.2%
Peak Year
2025
Trend
Consistent Growth
The Southern Company has reported revenue across 3 fiscal years, compounding at +8.2% annually over 2 years. The most recent year saw a 10.6% increase versus the prior year. Revenue peaked in 2025 at $29.6B. Out of 2 reported periods, 2 showed growth and 0 showed a decline.
| Fiscal Year | Revenue | Net Income | YoY Change |
|---|---|---|---|
| FY2025 | $29.6B | $4.3B | +10.6% |
| FY2024 | $26.7B | $4.4B | +5.8% |
| FY2023 | $25.3B | $4.0B | — |
Source: SEC EDGAR filings, annual earnings releases, and verified financial disclosures.
Click any row to see year details.
The Southern Company reported approximately $26.0B in fiscal year 2025 with a team of 28,000 employees worldwide.
The Southern Company strategically balances reinvestment into core R&D with operational cost discipline, focusing on workflow automation to expand operating margins in 2026.
Financial performance in Regulated Electric and Natural Gas Utilities is driven by steady cash generation and pricing power, enabling The Southern Company to reinvest in high-return strategic initiatives.
Using these figures? Please credit CorpDigest with a link.
CorpDigest. "The Southern Company Revenue & Financials." CorpDigest, https://corpdigest.com/company/southern-company/financials.<div style="font-family:system-ui,sans-serif;font-size:14px;line-height:1.5;border:1px solid #e2e8f0;border-radius:8px;padding:12px 16px;max-width:520px"><strong>The Southern Company reported $30B in revenue (FY2025).</strong><br>Source: <a href="https://corpdigest.com/company/southern-company/financials" target="_blank" rel="noopener">CorpDigest — The Southern Company financials</a></div>