EVRG · 10-Q · 2026Q3 · Full report

Capital Expenditure Increase

Evergy, Inc. · 2026-11-05 · Importance 70 · Surprise 56 · Contradicted

Evergy’s cash used in investing activities increased $582.9 million year to date through September 30, 2026, compared with the same period in 2025. The increase was primarily driven by $782.2 million of additional property, plant and equipment additions as the company increased spending across capital projects, including construction of new generating facilities.

Key facts

• Evergy's gross margin increased $232.6 million and utility gross margin increased $306.2 million year to date September 30, 2026, compared with 2025; the increase included $108.0 million from new Evergy Kansas Central retail rates effective October 2025.
• Evergy's depreciation and amortization increased $12.2 million in the third quarter and $45.3 million year to date in 2026, primarily due to capital additions.
• Evergy Kansas Central's depreciation and amortization increased $28.3 million year to date September 30, 2026, primarily due to capital additions.
• Evergy Metro's depreciation and amortization increased $13.0 million year to date September 30, 2026, primarily due to capital additions.

Impact estimates