How Southern Company (The) makes money

Period

FY2025

How does Southern Company (The) make money? This Sankey traces every dollar of revenue through the income statement — into cost of revenue, R&D, SG&A, and taxes — and shows what's left as profit. Pick any fiscal year, recent quarter, or the trailing twelve months. Straight from SEC filings.

Southern Company (The) · FY2025 · year ended 2025-12-31

Revenue$29.6BGross profit$29.6B · 100%Cost of revenue$0 · 0%Operating income$7.3B · 25%Operating expenses$22.3B · 75%Other opex$22.3B · 75%Pre-tax income$5.2B · 17%Other expense$2.1B · 7%Net income$4.3B · 15%Income tax$828M · 3%

Each fiscal year from SEC filings. Percentages are share of revenue, so the green profit nodes read directly as gross / operating / net margin. Line items a company doesn't break out are derived from their siblings so the flows balance; small residuals show as “Other.” For informational purposes only.