v3.26.1
ORGANIZATION AND BASIS OF PRESENTATION (Tables)
 6 Months Ended
Jun. 30, 2026
Accounting Policies [Abstract]  
Restrictions on Cash and Cash Equivalents The following table summarizes the cash, cash equivalents and restricted cash included on Evergy's consolidated balance sheets.
June 30
2026		December 31
2025
Evergy(millions)
Current assets
Cash and cash equivalents$21.8 $19.8 
Other 3.8 5.6 
Other assets
Other1.7 1.6 
Total cash, cash equivalents and restricted cash$27.3 $27.0 
Schedule of Fuel Inventory and Supplies
The Evergy Companies record fuel inventory and supplies at average cost. The following table separately states the balances for fuel inventory and supplies.
June 30
2026		December 31
2025
Evergy(millions)
Fuel inventory$240.7 $218.6 
Supplies626.8 610.3 
Fuel inventory and supplies$867.5 $828.9 
Evergy Kansas Central
Fuel inventory$125.8 $114.9 
Supplies323.7 323.0 
Fuel inventory and supplies$449.5 $437.9 
Evergy Metro
Fuel inventory$78.2 $69.6 
Supplies214.2 210.3 
Fuel inventory and supplies$292.4 $279.9 
Summary of Property, Plant and Equipment
The following tables summarize the property, plant and equipment for each of the Evergy Companies.
June 30, 2026EvergyEvergy Kansas CentralEvergy Metro
(millions)
Electric plant in service$38,922.0 $19,232.0 $14,254.9 
Electric plant acquisition adjustment739.8 724.9 — 
Accumulated depreciation(15,388.7)(7,524.6)(6,275.9)
Plant in service, net24,273.1 12,432.3 7,979.0 
Construction work in progress2,905.9 1,292.7 553.5 
Nuclear fuel, net226.6 113.2 113.4 
Property, plant and equipment, net$27,405.6 $13,838.2 $8,645.9 
December 31, 2025EvergyEvergy Kansas CentralEvergy Metro
(millions)
Electric plant in service$38,218.9 $18,893.6 $14,001.3 
Electric plant acquisition adjustment739.8 724.9 — 
Accumulated depreciation(14,986.6)(7,308.5)(6,110.5)
Plant in service, net23,972.1 12,310.0 7,890.8 
Construction work in progress2,120.6 1,045.8 453.6 
Nuclear fuel, net208.8 104.3 104.5 
Property, plant and equipment, net$26,301.5 $13,460.1 $8,448.9 
Schedule of Other Nonoperating Income (Expense)
Other Income and Other Expense
The tables below show the detail of other income and other expense, respectively, for each of the Evergy Companies.
Three Months Ended
June 30		Year to Date
June 30
Other Income2026202520262025
Evergy(millions)
AFUDC equity$12.5 $3.4 $22.9 $5.9 
Corporate-owned life insurance policy benefit 1.3 6.5 9.0 7.8 
Income from commercial solar project— 11.6 — 11.6 
Other0.7 0.8 1.4 1.4 
Other income$14.5 $22.3 $33.3 $26.7 
Evergy Kansas Central
AFUDC equity$8.1 $3.0 $14.7 $4.4 
Corporate-owned life insurance policy benefit0.8 6.7 8.5 7.5 
Other0.3 0.3 0.7 0.6 
Other income$9.2 $10.0 $23.9 $12.5 
Evergy Metro
AFUDC equity$0.9 $0.4 $1.4 $1.5 
Other0.7 0.1 0.9 0.8 
Other income$1.6 $0.5 $2.3 $2.3 
Three Months Ended
June 30		Year to Date
June 30
Other Expense2026202520262025
Evergy(millions)
Non-service cost component of net benefit cost$(2.0)$(1.9)$(4.0)$(5.0)
Corporate-owned life insurance cost(4.3)(4.7)(10.6)(10.5)
Other(0.5)(2.2)(0.9)(2.8)
Other expense$(6.8)$(8.8)$(15.5)$(18.3)
Evergy Kansas Central
Non-service cost component of net benefit cost$1.6 $1.1 $3.2 $1.7 
Corporate-owned life insurance cost(4.1)(4.6)(10.1)(10.1)
Other(0.1)(0.2)(0.2)(0.4)
Other expense$(2.6)$(3.7)$(7.1)$(8.8)
Evergy Metro
Non-service cost component of net benefit cost$(2.3)$(1.6)$(4.7)$(4.1)
Corporate-owned life insurance cost(0.2)(0.1)(0.5)(0.4)
Other(0.3)(0.5)(0.4)(0.6)
Other expense$(2.8)$(2.2)$(5.6)$(5.1)
Schedule of Earnings Per Share, Basic and Diluted
The following table reconciles Evergy's basic and diluted EPS.
Three Months Ended
June 30		Year to Date
June 30
2026202520262025
Income(millions, except per share amounts)
Net income$218.1 $174.4 $372.7 $302.5 
Less: Net income attributable to noncontrolling interests3.1 3.1 6.2 6.2 
Net income attributable to Evergy, Inc.$215.0 $171.3 $366.5 $296.3 
Common Shares Outstanding
Weighted average number of common shares outstanding - basic230.9 230.4 230.8 230.4 
Add: Effect of dilutive securities5.6 2.3 5.3 2.0 
Diluted average number of common shares outstanding236.5 232.7 236.1 232.4 
Basic EPS$0.93 $0.74 $1.59 $1.29 
Diluted EPS$0.91 $0.74 $1.55 $1.28 
Schedule of Antidilutive Securities Excluded from Computation of Earnings Per Share
The table below summarizes the anti-dilutive securities excluded from the computation of diluted EPS.
Three Months Ended
June 30		Year to Date
June 30
Anti-Dilutive Securities2026202520262025
(shares in millions)
RSUs with performance measures— 0.1 0.10.1 
RSUs with time-based vesting— 0.1 0.10.1 
Supplemental Cash Flow Information
Supplemental Cash Flow Information
Evergy
Year to Date June 3020262025
Cash paid for (received from):(millions)
Interest, net of amount capitalized$310.6 $289.8 
Interest of VIEs7.7 8.2 
Income taxes, net of refunds0.3 4.3 
Right-of-use assets obtained in exchange for new operating lease liabilities16.1 12.9 
Right-of-use assets obtained in exchange for new finance lease liabilities10.3 21.8 
Non-cash investing transactions:
Property, plant and equipment additions244.0 153.5 
Non-cash financing transactions:
Issuance of common stock for reinvested dividends5.1 2.6 
Evergy Kansas Central
Year to Date June 3020262025
Cash paid for (received from):(millions)
Interest, net of amount capitalized$117.5 $112.3 
Income taxes, net of refunds31.7 (1.9)
Right-of-use assets obtained in exchange for new operating lease liabilities9.6 6.0 
Right-of-use assets obtained in exchange for new finance lease liabilities7.4 8.8 
Non-cash investing transactions:
Property, plant and equipment additions117.4 89.5 
Evergy Metro
Year to Date June 3020262025
Cash paid for (received from):(millions)
Interest, net of amount capitalized$80.2 $76.8 
Income taxes, net of refunds3.2 11.3 
Right-of-use assets obtained in exchange for new operating lease liabilities6.3 6.9 
Right-of-use assets obtained in exchange for new finance lease liabilities2.2 10.2 
Non-cash investing transactions:
Property, plant and equipment additions53.2 45.7