Southern (SO) Revenue & Revenue Breakdown

Southern's yearly revenue for 2023 was $25.25B, representing a decrease of -13.75% compared to 2022. The company's yearly revenue for 2022 was $29.28B, representing an increase of 26.68% compared to 2021. SO's yearly revenue for 2021 was $23.11B, representing an increase of 13.44% compared to 2020.

Southern's quarterly revenue for Q3 2024 was $7.27B, a 12.55% increase from the previous quarter (Q2 2024), and a 4.21% increase year-over-year (Q3 2023). The company's quarterly revenue for Q2 2024 was $6.46B, a -2.75% decrease from the previous quarter (Q1 2024), and a 12.44% increase year-over-year (Q2 2023). SO's quarterly revenue for Q1 2024 was $6.65B, a 9.94% increase from the previous quarter (Q4 2023), and a 2.56% increase year-over-year (Q1 2023).

Southern's revenue growth rate for the last 3 years (2021-2023) was 9.26%, and for the last 5 years (2019-2023) was 17.90%.

Southern's revenue streams in c 22 are Retail Electric - Other, Retail Electric - Residential, Retail Electric, Wholesale Electric - Non-PPA Revenues, Wholesale Electric - PPA Capacity Revenues, Wholesale Electric - PPA Energy Revenues, Wholesale Electric Revenues, Wholesale, Affiliates, Corporate and Other, Gas Distribution Operations, Gas Marketing Services, Gas Pipeline Investments, Southern Company Gas, Southern Power, Electric Utilities, Other Revenue Sources, Natural Gas Distribution, Product and Service, Other, Retail, Wholesale, Non-Affiliates, Natural Gas, Other Electric Revenue, Natural Gas Distribution - Commercial, Natural Gas Distribution - Industrial, Natural Gas Distribution - Other, Natural Gas Distribution - Residential, Natural Gas Distribution - Transportation, Other Natural Gas - Gas Marketing Services, Other Natural Gas - Other Natural Gas Revenues, Other Natural Gas, Other Revenues, Retail Electric - Commercial, and Retail Electric - Industrial. Retail Electric - Other generated $102M in revenue, accounting 0.08% of the company's total revenue, up 9.68% year-over-year. Retail Electric - Residential generated $6.6B in revenue, accounting 5.46% of the company's total revenue, up 6.40% year-over-year. Retail Electric generated $15.84B in revenue, accounting 13.10% of the company's total revenue, up 11.20% year-over-year. Wholesale Electric - Non-PPA Revenues generated $250M in revenue, accounting 0.21% of the company's total revenue, up 5.93% year-over-year. Wholesale Electric - PPA Capacity Revenues generated $596M in revenue, accounting 0.49% of the company's total revenue, up 20.89% year-over-year. Wholesale Electric - PPA Energy Revenues generated $2.27B in revenue, accounting 1.88% of the company's total revenue, up 102.67% year-over-year. Wholesale Electric Revenues generated $3.12B in revenue, accounting 2.58% of the company's total revenue, up 68.56% year-over-year. Wholesale, Affiliates generated $460M in revenue, accounting 0.38% of the company's total revenue, up 144.68% year-over-year. Corporate and Other generated $55M in revenue, accounting 0.05% of the company's total revenue Gas Distribution Operations generated $5.27B in revenue, accounting 4.36% of the company's total revenue Gas Marketing Services generated $638M in revenue, accounting 0.53% of the company's total revenue Gas Pipeline Investments generated $32M in revenue, accounting 0.03% of the company's total revenue Southern Company Gas generated $5.96B in revenue, accounting 4.93% of the company's total revenue Southern Power generated $3.37B in revenue, accounting 2.79% of the company's total revenue Electric Utilities generated $22.87B in revenue, accounting 18.92% of the company's total revenue Other Revenue Sources generated $3.34B in revenue, accounting 2.76% of the company's total revenue, down -0.33% year-over-year. Natural Gas Distribution generated $5.22B in revenue, accounting 4.32% of the company's total revenue, up 43.94% year-over-year. Product and Service, Other generated $732M in revenue, accounting 0.61% of the company's total revenue, up 3.39% year-over-year. Retail generated $18.2B in revenue, accounting 15.05% of the company's total revenue, up 22.52% year-over-year. Wholesale, Non-Affiliates generated $2.46B in revenue, accounting 2.03% of the company's total revenue, up 0.12% year-over-year. Natural Gas generated $5.96B in revenue, accounting 4.93% of the company's total revenue Other Electric Revenue generated $747M in revenue, accounting 0.62% of the company's total revenue Natural Gas Distribution - Commercial generated $763M in revenue, accounting 0.63% of the company's total revenue, up 62.34% year-over-year. Natural Gas Distribution - Industrial generated $84M in revenue, accounting 0.07% of the company's total revenue, up 71.43% year-over-year. Natural Gas Distribution - Other generated $342M in revenue, accounting 0.28% of the company's total revenue, up 27.14% year-over-year. Natural Gas Distribution - Residential generated $2.84B in revenue, accounting 2.35% of the company's total revenue, up 58.03% year-over-year. Natural Gas Distribution - Transportation generated $1.19B in revenue, accounting 0.98% of the company's total revenue, up 14.26% year-over-year. Other Natural Gas - Gas Marketing Services generated $636M in revenue, accounting 0.53% of the company's total revenue, up 37.07% year-over-year. Other Natural Gas - Other Natural Gas Revenues generated $51M in revenue, accounting 0.04% of the company's total revenue, up 41.67% year-over-year. Other Natural Gas generated $687M in revenue, accounting 0.57% of the company's total revenue, down -74.25% year-over-year. Other Revenues generated $1.08B in revenue, accounting 0.89% of the company's total revenue, up 0.19% year-over-year. Retail Electric - Commercial generated $5.37B in revenue, accounting 4.44% of the company's total revenue, up 10.09% year-over-year. Retail Electric - Industrial generated $3.76B in revenue, accounting 3.11% of the company's total revenue, up 22.73% year-over-year.

For the fiscal year ending Dec 22, the largest source of revenue of Southern was Electric Utilities. This segment made a revenue of $22.87B, representing 18.92% of the company's total revenue.