ALABAMA POWER CO
For the period ended Sep 30, 2026. Filed Nov 5, 2026.
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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Sep 30, 2026 · Filed Nov 5, 2026
SO$93.65+0.1%Stored close · as of Nov 10, 2026
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Item 1. Condensed Consolidated Statements of Income
CONDENSED CONSOLIDATED STATEMENTS OF INCOME (UNAUDITED)
| For the Three Months Ended September 30, | For the Nine Months Ended September 30, | |||
|---|---|---|---|---|
| 2026 | 2025 | 2026 | 2025 | |
| (in millions) · (in millions) | ||||
| Operating Revenues: | ||||
| Retail electric revenues | $6,623 | $5,707 | $16,009 | $15,065 |
| Wholesale electric revenues | 873 | 832 | 2,537 | 2,257 |
| Other electric revenues | 229 | 262 | 736 | 724 |
| Natural gas revenues (includes alternative revenue programs of $(7), $(5), $(5), and $(32), respectively) | 773 | 734 | 3,930 | 3,552 |
| Other revenues | 345 | 288 | 1,006 | 974 |
| Total operating revenues | 8,843 | 7,823 | 24,218 | 22,572 |
| Operating Expenses: | ||||
| Fuel | 1,536 | 1,345 | 4,080 | 3,753 |
| Purchased power | 291 | 259 | 823 | 769 |
| Cost of natural gas | 99 | 116 | 1,201 | 1,046 |
| Cost of other sales | 191 | 156 | 548 | 522 |
| Other operations and maintenance | 1,848 | 1,643 | 5,209 | 4,948 |
| Depreciation and amortization | 1,444 | 1,422 | 4,298 | 4,030 |
| Taxes other than income taxes | 434 | 288 | 1,265 | 1,136 |
| Total operating expenses | 5,843 | 5,229 | 17,424 | 16,204 |
| Operating Income | 3,000 | 2,594 | 6,794 | 6,368 |
| Other Income and (Expense): | ||||
| Allowance for equity funds used during construction | 140 | 90 | 388 | 243 |
| Earnings from equity method investments | 77 | 33 | 213 | 76 |
| Interest expense, net of amounts capitalized | (842) | (755) | (2,415) | (2,343) |
| Other income (expense), net | 171 | 149 | 508 | 459 |
| Total other income and (expense) | (454) | (483) | (1,306) | (1,565) |
| Earnings Before Income Taxes | 2,546 | 2,111 | 5,488 | 4,803 |
| Income taxes | 472 | 404 | 887 | 973 |
| Consolidated Net Income | 2,074 | 1,707 | 4,601 | 3,830 |
| Net income (loss) attributable to noncontrolling interests | 28 | (4) | 24 | (95) |
| Consolidated Net Income Attributable to Southern Company | $2,046 | $1,711 | $4,577 | $3,925 |
| Common Stock Data: | ||||
| Earnings per share - | ||||
| Basic | $1.77 | $1.55 | $4.02 | $3.56 |
| Diluted | $1.76 | $1.54 | $4.00 | $3.54 |
| Average number of shares of common stock outstanding (in millions) | ||||
| Basic | 1,157 | 1,102 | 1,139 | 1,101 |
| Diluted | 1,160 | 1,110 | 1,143 | 1,108 |
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