Evergy reported FY 2025 net income attributable to shareholders of USD 855.6 million (down 2% YoY) and diluted EPS of USD 3.66 (down 3% YoY). Operating revenues were USD 5.96 billion (up 2% YoY) and income from operations was USD 1.53 billion (up 4% YoY), while interest expense rose to USD 616.3 million (up 9% YoY). On a non-GAAP basis, adjusted earnings were USD 893.8 million and adjusted EPS was USD 3.83, and utility gross margin was USD 4.11 billion. Key period updates included new retail rates taking effect in January 2025 for Evergy Missouri West and October 2025 for Evergy Kansas Central, and higher transmission revenue tied to updated transmission costs reflected in Evergy Kansas Central’s FERC transmission formula rate effective January 2025. The company also highlighted large-load power service (LLPS) rate plans approved in Kansas and Missouri in November 2025, and said it signed electric service agreements in February 2026 to serve data centers with a projected peak steady-state load of about 1,900 MW beginning from 2026 to 2028. Evergy reiterated its capital plan targeting USD 21.6 billion of expected capital investments through 2030, including USD 9.34 billion for new generation, and detailed planned natural gas and solar projects, including two jointly owned ~705 MW combined-cycle plants in Kansas targeted for spring 2029 and spring 2030 and a 440 MW simple-cycle plant in Missouri expected in 2030.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Evergy Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001711269-26-000017), on February 19, 2026, and is solely responsible for the information contained therein.