Southern Company (SO) Q1 2025 10-Q Quarterly Report

Filed: May 1, 2025Period ending Mar 31, 2025
Utilities
Electric ServicesSEC EDGAR

Southern Company (SO) 10-Q quarterly report for Q1 2025, filed with SEC EDGAR on May 1, 2025 for the fiscal period ending Mar 31, 2025. This page provides AI-powered analysis including management discussion & analysis (MD&A), risk factor updates, and key quarterly financial data such as revenue and net income extracted from XBRL.

Southern Company Q1 2025 10-Q Analysis

Management Discussion & Analysis

  • No quarterly revenue or YoY change provided in text
  • No operating margin or profitability percentages disclosed
  • No segment or product line revenue or profit performance detailed
  • Current liabilities exceeded current assets by $1.953B at Southern Company, $497M Georgia Power, $634M Southern Power, $450M Southern Company Gas at Mar 31, 2025
  • Unused committed credit lines totaled $8.892B across Southern Company and subsidiaries at Mar 31, 2025; liquidity support for $1.5B variable rate demand revenue bonds
  • Management expects to meet capital needs from operating cash flow, securities issuance, borrowings, equity contributions; will refinance long-term debt as it matures
  • No updated guidance or specific near-term outlook provided; regulatory approvals and market conditions impact future financing plans

Risk Factors

  • No new or materially changed risk factors disclosed this quarter compared to latest 10-K
  • Issued multiple senior and subordinated note series in Q1 2025, including $ Series 2025B 6.375% notes due 2055, impacting debt maturity profile
  • Continued compliance with Rule 10b5-1 trading arrangements for executives, supporting insider trading risk management
  • No updates on operational or competitive risks affecting near-term performance disclosed in this filing
  • Liquidity and financing risk noted with staggered debt maturities: notes due from 2026 to 2055 to manage refinancing exposures

Southern Company Q1 2025 Quarterly Financials
XBRL

Revenue

$7.8B

+17.0% YoY

Net Income

$1.3B

+18.2% YoY

Net Margin

17.2%

+17bp YoY

Source: XBRL data from Southern Company Q1 2025 10-Q filing on SEC EDGAR. All figures in USD.

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