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EVERGY, INC. FY 2025 10-K, explained in plain English

EVRG · 10-K for the period ending December 31, 2025, filed February 19, 2026 · Read the original on SEC.gov →

Key financials — as reported

Total revenue$5.7B
Gross margin— not reported
Operating income$1.5B
Net income$855.6M
Diluted EPS$3.66
Cash & equivalents$19.8M
Total assets$33.9B
Long-term debt$13.0B

Key takeaway

Evergy operates as a single-segment, vertically integrated regulated electric utility serving about 1.7 million customers in Kansas and Missouri.

🔒 4 more takeaways in the full analysis

Beneath the surface

The effective tax rate of only 3.3% versus the 21% statutory federal rate (EffectiveIncomeTaxRateContinuingOperations 0.033 vs 0.21) significantly flattered net income, aided by investment tax credits and other adjustments.

🔒 4 more insights a headline reader would miss

This is the free preview. The full analysis explains every line item above and includes 8 more findings — plus insider trades, activist stakes, and 8-K events for EVRG.

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