Revenue breakdown by Products & Services

Southern Company's Revenue by Segment

In fiscal year 2025, Southern Company's revenue by segment (products & services) are as follows:

  • Gas Distribution Operations: $4.43 B
  • Gas Marketing Services: $582.00 M
  • Gas Pipeline Investments: $32.00 M
  • Southern Company Gas: $5.04 B

Learn more about Southern Company’s Revenue by Geography

Check out competitors to Southern Company in a side-by-side comparison.

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The above chart shows Southern Company's revenue percentage share by segment (products and services).

In fiscal year 2022, Southern Company's revenue by segment is as follows:

  • Electric Utilities generated $22.87 B in revenue, representing 77.61% of its total revenue.
  • Gas Marketing Services generated $638.00 M in revenue, representing 2.16% of its total revenue.
  • Southern Company Gas generated $5.96 B in revenue, representing 20.23% of its total revenue.

The biggest segment for Southern Company is the Electric Utilities, which represents 77.61% of its total revenue.
The smallest segment for Southern Company is the Gas Marketing Services, which represents 2.16% of its total revenue.

The above chart shows Southern Company's revenue percentage share by segment (products and services).

In fiscal year 2024, Southern Company's revenue by segment is as follows:

  • Gas Distribution Operations generated $3.90 B in revenue, representing 43.79% of its total revenue.
  • Gas Marketing Services generated $516.00 M in revenue, representing 5.8% of its total revenue.
  • Gas Pipeline Investments generated $32.00 M in revenue, representing 0.36% of its total revenue.
  • Southern Company Gas generated $4.46 B in revenue, representing 50.05% of its total revenue.

The biggest segment for Southern Company is the Southern Company Gas, which represents 50.05% of its total revenue.
The smallest segment for Southern Company is the Gas Pipeline Investments, which represents 0.36% of its total revenue.

The above chart shows Southern Company's revenue percentage share by segment (products and services).

In fiscal year 2025, Southern Company's revenue by segment is as follows:

  • Gas Distribution Operations generated $4.43 B in revenue, representing 43.9% of its total revenue.
  • Gas Marketing Services generated $582.00 M in revenue, representing 5.77% of its total revenue.
  • Gas Pipeline Investments generated $32.00 M in revenue, representing 0.32% of its total revenue.
  • Southern Company Gas generated $5.04 B in revenue, representing 50.01% of its total revenue.

The biggest segment for Southern Company is the Southern Company Gas, which represents 50.01% of its total revenue.
The smallest segment for Southern Company is the Gas Pipeline Investments, which represents 0.32% of its total revenue.
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Summary Table

Products & Services (Percent Share) 2022 2024 2025
Gas Marketing Services 2.16% 5.8% 5.77%
Southern Company Gas 20.23% 50.05% 50.01%
Electric Utilities 77.61% - -
Gas Distribution Operations - 43.79% 43.9%
Gas Pipeline Investments - 0.36% 0.32%
Total Revenue 100% 100% 100%

The above chart shows the revenue trend of different segments of Southern Company.

In fiscal year 2025, the Southern Company Gas generated the most revenue ($5.04 B), and the Gas Pipeline Investments generated the least revenue ($32.00 M).

The above chart shows growth drivers and a year-over-year comparison of different segments' revenue.

  • Gas Distribution Operations revenue increased 13.57% ($529.00 M) from $3.90 B (in 2024) to $4.43 B (in 2025).
  • Gas Marketing Services revenue increased 12.79% ($66.00 M) from $516.00 M (in 2024) to $582.00 M (in 2025).
  • Gas Pipeline Investments revenue increased 0% ($0.00) from $32.00 M (in 2024) to $32.00 M (in 2025).
  • Southern Company Gas revenue increased 13.2% ($588.00 M) from $4.46 B (in 2024) to $5.04 B (in 2025).
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    Summary Table

    Products & Services 2022 2024 2025
    Electric Utilities $22.87 B - - - - -
    Gas Distribution Operations - - $3.90 B - $4.43 B
    13.57%
    Gas Marketing Services $638.00 M - $516.00 M - $582.00 M
    12.79%
    Gas Pipeline Investments - - $32.00 M - $32.00 M -
    Southern Company Gas $5.96 B - $4.46 B - $5.04 B
    13.20%
    Total Revenue $29.28 B - $26.72 B - $29.55 B
    10.59%