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Evergy (EVRG) Q3 2025 earnings results (third quarter 2025)

10-Q filed Nov 6, 2025

Evergy (EVRG) reported revenue of $1.8B for the third quarter 2025 (Q3 2025), -0.1% from a year earlier and +26% from the quarter before. Operating margin was 36.4%, net earnings $475M (26.2% of revenue).

Revenue$1.8B
Year over year-0.1%
Quarter over quarter+26%
Operating margin36.4%
Net earnings$475M

Evergy, Q3 2025: revenue $1.8B (-0.1% year over year), operating margin 36.4%, net earnings $475M, operating cash flow $938M. The chart follows the revenue to costs, profit and cash.

Q3 2025AmountQ/QY/Y
Revenue$1.8B+26%-0.1%
Operating profit$658M+92%+5%
Net earnings$475M+177%+2%
Operating cash flow$938M+190%-2%
Free cash flow$225M—-47%

What changed

Revenue was $1.8B in Q3 2025, roughly flat year over year and up 26% from the previous quarter.

Operating profit was $0.66B, a 36.4% margin (up 1.7 points year over year). Total costs fell 3% while revenue was flat. Net earnings were $0.47B, up 2% year over year. The effective tax rate was 5.2%.

Operating cash flow was $0.94B (down 2% year over year), 196% of net earnings. Non-cash charges added back $0.29B of depreciation and amortization and $0.01B of share-based compensation. Working capital and other items added $0.16B. Capital expenditures of $0.71B left free cash flow of $0.23B.

Questions

What was Evergy's revenue in the third quarter 2025?

Evergy (EVRG) reported revenue of $1.8B for the third quarter 2025 (Q3 2025), -0.1% from a year earlier and +26% from the quarter before.

Was Evergy profitable in the third quarter 2025?

Operating profit was $658M (36.4% of revenue) and net earnings $475M.

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Source: Evergy 10-Q on SEC EDGAR.