AI English summary of an SEC filing — figures as filed
Southern Company said consolidated net income attributable to Southern Company in Q1 2025 was $1.3 billion ($1.21 per share) compared to $1.1 billion ($1.03 per share) for the corresponding period in 2024. The company cited an increase in retail electric revenues associated with rates and pricing and weather impacts and an increase in other revenues as primary factors.
Key points
AI summarySouthern Company said consolidated net income attributable to Southern Company in Q1 2025 was $1.3 billion ($1.21 per share) compared to $1.1 billion ($1.03 per share) for the corresponding period in 2024. The company cited an increase in retail electric revenues associated with rates and pricing and weather impacts and an increase in other revenues as primary factors.
Southern Company said retail electric revenues in Q1 2025 were $4.6 billion compared to $3.9 billion for the corresponding period in 2024. Wholesale electric revenues were $744 million, an increase from $571 million, and the company explained that energy revenues increased $179 million while capacity revenues decreased $6 million.
Southern Company said fuel and purchased power expenses in Q1 2025 were $1.5 billion compared to $1.2 billion for the corresponding period in 2024, and depreciation and amortization were $1.3 billion compared to $1.1 billion. The company cited additional plant in service of $78 million and amortization of regulatory assets related to CCR AROs at Georgia Power of $31 million as factors in the depreciation increase.
Southern Company said net cash from operating activities for the 3 months ended March 31, 2025 decreased $61 million, and explained that financing activities cash was driven primarily by long-term debt issuances. The company said long-term debt, including securities maturing within 1 years, increased $4.6 billion for the same period.
Key figures
Quarter ended March 31, 2025
- Revenue
- $7.8B
- Operating income
- $2.0B
- Net income
- $1.3B
- EPS
- $1.21
- Operating cash flow
- $1.3B
From the XBRL financial data filed with the SEC · not processed by AI.
Summary
AI-writtenAnalysis scope · Management's discussion (MD&A)We analyzed excerpts of the Management's Discussion and Analysis (MD&A) section (with omissions). Other sections of the report, such as the notes to the financial statements and risk factors, were not reviewed.
Q1 2025 Net Income
Southern Company said consolidated net income attributable to Southern Company in Q1 2025 was $1.3 billion ($1.21 per share) compared to $1.1 billion ($1.03 per share) for the corresponding period in 2024. The company cited an increase in retail electric revenues associated with rates and pricing and weather impacts and an increase in other revenues as primary factors.
Source · Based on the MD&A text of the filing
Retail and Wholesale Electric Revenues
Southern Company said retail electric revenues in Q1 2025 were $4.6 billion compared to $3.9 billion for the corresponding period in 2024. Wholesale electric revenues were $744 million, an increase from $571 million, and the company explained that energy revenues increased $179 million while capacity revenues decreased $6 million.
Source · Based on the MD&A text of the filing
Key Operating Expense Increases
Southern Company said fuel and purchased power expenses in Q1 2025 were $1.5 billion compared to $1.2 billion for the corresponding period in 2024, and depreciation and amortization were $1.3 billion compared to $1.1 billion. The company cited additional plant in service of $78 million and amortization of regulatory assets related to CCR AROs at Georgia Power of $31 million as factors in the depreciation increase.
Source · Based on the MD&A text of the filing
Operating Cash Flow and Long-Term Debt Changes
Southern Company said net cash from operating activities for the 3 months ended March 31, 2025 decreased $61 million, and explained that financing activities cash was driven primarily by long-term debt issuances. The company said long-term debt, including securities maturing within 1 years, increased $4.6 billion for the same period.
Source · Based on the MD&A text of the filing
AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.
Original filing
The filing as submitted to SEC EDGAR. You can check the figures and statements of this summary against it.
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