| Metric | Value ($ M) | Q1 FY26 | Q2 FY25 |
|---|---|---|---|
| Revenue | 1.4K | 5.6% | 5.2% |
| Total Income | 1.4K | 5.6% | 5.2% |
| Expenditure | 1.1K | 0.5% | 2.4% |
| PBT | 233.00 | 49.7% | 27.6% |
| Net Profit | 215.00 | 41.9% | 25.5% |
| OPM | 26.70% | 3.12pp | 1.32pp |
| NPM | 15.08% | 3.86pp | 2.44pp |
| EPS | 0.93 | 40.9% | 25.7% |
Evergy Announces Q2 2026 Results, Declares Dividend and Reaffirms Guidance
06 Aug 2026 · 6 Aug, 4:37 pm
Summary
Evergy announced its second quarter 2026 results, reporting GAAP earnings of $215.0 million ($0.91 per share), up from $171.3 million ($0.74 per share) in the prior year quarter. Adjusted earnings (non-GAAP) for the quarter were $208.5 million ($0.88 per share), an increase from $191.1 million ($0.82 per share) in Q2 2025. The company reaffirmed its full-year 2026 adjusted EPS guidance of $4.14 to $4.34 and its long-term annual adjusted EPS growth target of 6% to 8%+ through 2030. A quarterly dividend of $0.6950 per share was declared.
Key Highlights
- 1
Evergy announced second quarter 2026 GAAP earnings of $215.0 million, or $0.91 per share, an increase from $171.3 million, or $0.74 per share, in the second quarter of 2025.
- 2
Second quarter 2026 adjusted earnings (non-GAAP) were $208.5 million, or $0.88 per share, compared to $191.1 million, or $0.82 per share, in second quarter 2025.
- 3
The company declared a quarterly dividend of $0.6950 per share, payable on September 18, 2026.
- 4
Evergy reaffirmed its 2026 adjusted EPS (non-GAAP) guidance range of $4.14 to $4.34.
- 5
The company reaffirmed its long-term adjusted EPS annual growth target of 6% to 8%+ through 2030 off the 2026 midpoint.
- 6
Second quarter 2026 adjusted earnings per share benefited from recovery of regulated investments, growth in weather-normalized demand, and higher large customer revenues, partially offset by higher operations and maintenance expense and higher depreciation and amortization expense.
Management Comments
David Campbell
We remain on track to meet our expectations for the year after delivering solid second quarter financial performance. Large customer interest in Kansas and Missouri remains very strong. We are confident in our ability to advance our pipeline and we expect to execute at least one more electric service agreement in 2026. We are reaffirming our 2026 adjusted EPS guidance of $4.14 to $4.34. We are also reaffirming our long-term adjusted EPS annual growth target of 6% to 8%+ through 2030 off the 2026 midpoint, with the expectation that annual EPS growth will exceed 8% beginning in 2028 and through 2030.
Informational and educational content only. Not investment advice.