Southern Co Q2 FY26 net income rises 33.4% to $1.2 billion - SO News | RalliesSouthern Co Q2 FY26 net income rises 33.4% to $1.2 billion
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SO• Revenue trends across the business
- Retail electric revenues edged down 0.3% to $4.75 billion; wholesale electric revenues rose 2.6% to $699 million.
- Natural gas revenues slipped 1.3% to $966 million; Southern Power swung to a $25 million net loss.
Regulatory and capital spending updates
- Georgia PSC cut annual fuel billings 12.9% from June 1; Southern Power projected $580 million-$645 million for Franklin and Wansley turbine upgrades.
Second-quarter and year-to-date earnings rise
- Second-quarter net income attributable to shareholders rose 33.4% to $1.2 billion; EPS climbed to $1.03.
- Year-to-date net income attributable to shareholders increased 14.3% to $2.5 billion; EPS rose to $2.24.
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