8-KFiled Jul 29, 8:00 PM ET

Southern Company Reports Q2 2026 Results

$SO · SOUTHERN CO

Research Summary

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Southern Company Reports Q2 2026 Results

What Happened
Southern Company (SO) on July 30, 2026 furnished a press release (Exhibit 99) reporting its earnings for the three‑month (Q2) and six‑month (year‑to‑date) periods ended June 30, 2026, with comparable 2025 periods presented. The release includes both GAAP earnings and earnings per share and supplemental non‑GAAP measures and reconciliations for investors. The filing notes the furnished information is not being “filed” for Section 18 liability purposes and is not automatically incorporated by reference into other filings.

Key Details

  • Press release furnished as Exhibit 99 on July 30, 2026 covering results for the three‑ and six‑month periods ended June 30, 2026 (and 2025 comparatives).
  • Includes GAAP earnings and EPS plus non‑GAAP adjustments and reconciliations; Southern Company management uses these adjusted measures to evaluate ongoing performance.
  • Non‑GAAP exclusions called out include accelerated depreciation and decommissioning for repowering certain Southern Power wind facilities; charges/credits and legal expenses (net of insurance) and tax impacts for plants under construction; an estimated loss at Southern Company Gas related to Nicor Gas capital investments disallowed by the Illinois Commerce Commission; an income tax refund and related contingency fee expenses at Southern Company Gas; and costs related to extinguishment of debt for certain periods.
  • Exhibit 99 contains segment information for Alabama Power, Georgia Power, Mississippi Power, Southern Power and Southern Company Gas; Exhibit 104 (iXBRL cover page tags) also included.

Why It Matters
Investors get the company’s latest quarterly and year‑to‑date financial performance plus the company’s view of ongoing results after excluding one‑time or unusual items. The detailed non‑GAAP reconciliations make it easier to compare operating performance across periods, but investors should note the specific exclusions (e.g., Nicor Gas regulatory disallowance, repowering costs, debt extinguishment) because they can affect near‑term earnings and future cash flows. Also note the disclosure was furnished (not “filed”), which limits certain legal liabilities and incorporation by reference.