Company: The Southern Company
Ticker: SO
Form: 10-K
Filed: 2026-02-19
Fiscal Period: {"fp": "FY", "fy_curr": 2025, "fy_prev": 2024}

Question: By what percentage did The Southern Company's net income change from fiscal year 2024 to fiscal year 2025?
Question Type: temporal_comparison

Concept: NetIncomeLoss
Answer (Numeric): -1.3599999999999999
Answer (Display): -1.36%
Unit: percent_change

Evidence:
[{"chunk_id": "312", "equivalent_chunk_ids": ["312"], "section": "CONSOLIDATED STATEMENTS OF INCOME", "supports": ["current", "previous"], "text": "For the Years Ended December 31, 2025, 2024, and 2023\nSouthern Company and Subsidiary Companies\n(in millions)\nOperating Revenues:\nRetail electric revenues\n19,331\n17,790\n16,343\nWholesale electric revenues\n2,941\n2,431\n2,467\nOther electric revenues\nNatural gas revenues\n5,044\n4,456\n4,702\nOther revenues\n1,284\n1,151\nTotal operating revenues\n29,553\n26,724\n25,253\nOperating Expenses:\nFuel\n4,897\n4,096\n4,365\nPurchased power\nCost of natural gas\n1,599\n1,196\n1,644\nCost of other sales\nOther operations and maintenance\n7,066\n6,518\n6,025\nDepreciation and amortization\n5,501\n4,755\n4,525\nTaxes other than income taxes\n1,538\n1,540\n1,425\nTotal operating expenses\n22,268\n19,656\n19,427\nOperating Income\n7,285\n7,068\n5,826\nOther Income and (Expense):\nAllowance for equity funds used during construction\nEarnings from equity method investments\nInterest expense, net of amounts capitalized\n3,238\n2,743\n2,446\nOther income (expense), net\nTotal other income and (expense)\n2,286\n1,839\n1,481\nEarnings Before Income Taxes\n4,999\n5,229\n4,345\nIncome taxes\nConsolidated Net Income\n4,171\n4,260\n3,849\nNet loss attributable to noncontrolling interests\nConsolidated Net Income Attributable to Southern Company\n4,341\n4,401\n3,976\nCommon Stock Data:\nEarnings per share —\nBasic\n3.94\n4.02\n3.64\nDiluted\n3.92\n3.99\n3.62\nAverage number of shares of common stock outstanding — (in millions)\nBasic\n1,103\n1,096\n1,092\nDiluted\n1,109\n1,102\n1,098\nThe accompanying notes are an integral part of these consolidated financial statements.\nII-71\nIndex to Financial Statements"}]

Derivation: {"current_value": 4341.0, "op": "pct_change", "previous_value": 4401.0}