SO · Earnings call · 2026Q3T · Full report

Net Income and EPS Performance

SOUTHERN CO · 2026-11-05 · Importance 40 · Surprise 30

Third-quarter 2026 adjusted EPS was $1.94, up $0.34 from the third quarter of 2025 and $0.29 above the company's estimate. Management cited warmer weather, increased usage and customer growth, higher revenue from large commercial and industrial customers including data centers, and higher Southern Power earnings as primary year-over-year drivers. Higher nonfuel operating expenses, taxes other than income taxes, and dilution from additional shares partially offset those gains. Year-to-date adjusted EPS was $4.40 versus $3.76 in the comparable 2025 period.

Key facts

• Southern Company reported Q3 2026 adjusted EPS of $1.94, $0.34 above Q3 2025 and $0.29 above its estimate.
• Year-to-date adjusted EPS was $4.40 versus $3.76 for the same period in 2025.