Direct Answer
Evergy reports a single business segment in its fiscal 2025 Form 10-K, so the whole company is managed and measured as one business. That segment's revenue was $6.0 billion (up 2.0% from the prior year), and its largest cost line was depreciation and amortization at 20% of revenue, leaving net income of $856 million.
How Does Evergy Make Money?
Since 2024, US accounting rules (ASU 2023-07) require even a single-segment company to disclose the significant expense categories its management reviews. These are the amounts Evergy tags to its one segment, as a share of that segment's revenue.
| Line | FY2025 | FY2024 | Share of revenue |
|---|---|---|---|
| Revenues | $6.0 billion | $5.8 billion | 100.0% |
| Depreciation and amortization | $1.2 billion | $1.1 billion | 19.5% |
| Interest expense | $616 million | $563 million | 10.3% |
| Spp network transmission costs | $438 million | $371 million | 7.3% |
| Nonoperating income expense | -$26 million | $3 million | -0.4% |
| Net income | $856 million | $874 million | 14.4% |
What a Single Segment Does and Does Not Tell You
One reportable segment means management runs Evergy as one business; it does not mean the company sells one product. Revenue can still be spread across products, customers and countries that the filing describes in its revenue note or Item 1 without tagging them as segments. Cost lines are the company's own categories, so they compare across years within Evergy more safely than against another company, and lines that are not listed are included in other expense totals rather than missing.
Where These Numbers Come From
Every figure on this page is a value Evergy reported in the segment note and revenue disclosures of its Form 10-K filed February 19, 2026 (accession 0001711269-26-000017), read from the SEC's Financial Statement Data Sets. The prior-year column is the comparative figure from that same filing, so it reflects any restatement for a change in segments. Category names are the company's own XBRL labels, lightly reformatted for reading.
Rows that only total other rows (for example a "Products" line beside the individual products) are left out so nothing is counted twice. This page is educational and describes reported history for fiscal 2025; it is not a forecast or a recommendation.
Frequently Asked Questions
How many business segments does Evergy have?
One. In its fiscal 2025 Form 10-K, Evergy reports a single reportable segment, so its chief operating decision maker reviews the business as a whole rather than by division.
What are Evergy's biggest costs?
The segment expenses Evergy reports, largest first: depreciation and amortization ($1.2 billion, 20% of revenue), interest expense ($616 million, 10% of revenue), spp network transmission costs ($438 million, 7% of revenue) and nonoperating income expense (-$26 million, -0% of revenue).
How profitable is Evergy's business?
Net income was $856 million in fiscal 2025, a margin of 14.4% on revenue of $6.0 billion.