SO · 8-K · 20260730PR000056

Segment Profitability

SOUTHERN CO · 2026-07-30 · Importance 31 · Surprise 22

Traditional Electric Operating Companies net income increased to $1.269 billion in the second quarter from $1.047 billion, contributing $222 million of year-over-year growth. Southern Company Gas net income increased 18.9% to $126 million from $106 million, while six-month net income increased 9.4% to $573 million. Southern Power reported a second-quarter net loss of $25 million versus $51 million of net income in the prior-year quarter, and a six-month net loss of $22 million versus $138 million of net income. Georgia Power second-quarter net income increased 28.3% to $779 million, while Mississippi Power net income declined 11.9% to $52 million.

Key facts

• Traditional Electric Operating Companies reported net income available to common of $1,269 million for the three months ended June 30, 2026. source
• Alabama Power operating revenues were $1,963 million for the three months ended June 30, 2026 and net income available to common was $437 million for that period. source
• Georgia Power operating revenues were $3,133 million for the three months ended June 30, 2026 and net income available to common was $779 million for that period. source
• Southern Company Gas operating revenues were $966 million for the three months ended June 30, 2026 and earnings before income taxes were $158 million for that period. source
• Southern Company Gas reported net income available to common of $126 million for the three months ended June 30, 2026 and $573 million year-to-date June 30, 2026. source
• Mississippi Power operating revenues were $403 million for the three months ended June 30, 2026 and net income available to common was $52 million for that period. source
• Southern Power operating revenues were $535 million for the three months ended June 30, 2026 and Southern Power reported earnings (loss) before income taxes of $(88) million for that period. source
• Parent Company and Other reported net loss of $196 million for the three months ended June 30, 2026. source