SOUTHERN CO 8-K

What Happened

• On April 30, 2026, The Southern Company issued and furnished a press release (Exhibit 99) reporting its results for the three-month period ended March 31, 2026. The 8‑K (Item 2.02) includes GAAP earnings and earnings per share for Q1 2026 and 2025, plus non‑GAAP amounts and reconciliations.
• The filing discloses specific exclusions used in the non‑GAAP presentations, including accelerated depreciation for repowering certain Southern Power wind facilities, costs related to the extinguishment of Southern Company debt, and an estimated loss at Southern Company Gas tied to Nicor Gas capital investments disallowed by the Illinois Commerce Commission. It also notes certain 2025 exclusions (charges net of salvage, legal expenses net of insurance recoveries, and tax impacts related to plants under construction).
• The press release includes segment results for Alabama Power, Georgia Power, Mississippi Power, Southern Power and Southern Company Gas. The company states the furnished information is not “filed” for purposes of Section 18 of the Exchange Act.

Key Details

• Filing date: April 30, 2026; reporting period: three months ended March 31, 2026.
• Exhibit 99: press release with GAAP and non‑GAAP earnings and EPS, plus reconciliations to comparable GAAP measures.
• Notable non‑GAAP adjustments: accelerated wind repowering depreciation (Southern Power); debt extinguishment costs (Southern Company); estimated Nicor-related disallowed capital loss (Southern Company Gas).
• Segment disclosures included for Alabama Power, Georgia Power, Mississippi Power, Southern Power and Southern Company Gas.

Why It Matters

• Investors get Southern Company’s Q1 2026 quarterly results and the company’s view of core operating performance after removing certain one‑time or non‑recurring items. The reconciliations make it easier to compare ongoing results to prior periods.
• The listed exclusions (depreciation from repowering, debt extinguishment, and regulatory disallowance estimates) can materially affect reported EPS and should be considered when assessing underlying earnings trends.
• Because the information is furnished rather than filed, it is disclosed for investor review but is not subject to the same Section 18 liabilities as filed disclosures.