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Side-by-side financial comparison of Digital Realty (DLR) and Evergy (EVRG). Click either name above to swap in a different company.

Digital Realty is the larger business by last-quarter revenue ($1.6B vs $1.3B, roughly 1.3× Evergy). Evergy runs the higher net margin — 6.5% vs 6.0%, a 0.5% gap on every dollar of revenue. On growth, Digital Realty posted the faster year-over-year revenue change (16.1% vs 5.3%). Over the past eight quarters, Digital Realty's revenue compounded faster (9.8% CAGR vs 0.4%).

Digital Realty is a real estate investment trust that owns, operates and invests in carrier-neutral data centers across the world. The company offers data center, colocation, and interconnection services.

Evergy, Inc. is an American investor-owned utility (IOU) with publicly traded stock with headquarters in Topeka, Kansas, and in Kansas City, Missouri. The company was formed from a merger of Westar Energy of Topeka and Great Plains Energy of Kansas City, parent company of Kansas City Power & Light. Evergy is the largest electric company in Kansas, serving more than 1.7 million residential, commercial and industrial customers in Kansas and Missouri.

DLR vs EVRG — Head-to-Head

Bigger by revenue
DLR
DLR
1.3× larger
DLR
$1.6B
$1.3B
EVRG
Growing faster (revenue YoY)
DLR
DLR
+10.8% gap
DLR
16.1%
5.3%
EVRG
Higher net margin
EVRG
EVRG
0.5% more per $
EVRG
6.5%
6.0%
DLR
Faster 2-yr revenue CAGR
DLR
DLR
Annualised
DLR
9.8%
0.4%
EVRG

Income Statement — Q1 FY2026 vs Q4 FY2025

Metric
DLR
DLR
EVRG
EVRG
Revenue
$1.6B
$1.3B
Net Profit
$98.6M
$84.3M
Gross Margin
Operating Margin
6.9%
18.5%
Net Margin
6.0%
6.5%
Revenue YoY
16.1%
5.3%
Net Profit YoY
-10.3%
7.8%
EPS (diluted)
$0.22
$0.35

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
DLR
DLR
EVRG
EVRG
Q1 26
$1.6B
Q4 25
$1.6B
$1.3B
Q3 25
$1.6B
$1.8B
Q2 25
$1.5B
$1.4B
Q1 25
$1.4B
$1.3B
Q4 24
$1.4B
$1.2B
Q3 24
$1.4B
$1.8B
Q2 24
$1.4B
$1.4B
Net Profit
DLR
DLR
EVRG
EVRG
Q1 26
$98.6M
Q4 25
$98.6M
$84.3M
Q3 25
$67.8M
$475.0M
Q2 25
$1.0B
$171.3M
Q1 25
$110.0M
$125.0M
Q4 24
$189.6M
$78.2M
Q3 24
$51.2M
$465.6M
Q2 24
$80.2M
$207.0M
Operating Margin
DLR
DLR
EVRG
EVRG
Q1 26
6.9%
Q4 25
6.9%
18.5%
Q3 25
8.8%
37.3%
Q2 25
14.2%
25.4%
Q1 25
13.9%
22.5%
Q4 24
10.1%
18.1%
Q3 24
11.8%
35.1%
Q2 24
0.7%
25.4%
Net Margin
DLR
DLR
EVRG
EVRG
Q1 26
6.0%
Q4 25
6.0%
6.5%
Q3 25
4.3%
26.9%
Q2 25
69.1%
12.6%
Q1 25
7.8%
9.7%
Q4 24
13.2%
6.4%
Q3 24
3.6%
26.0%
Q2 24
5.9%
14.7%
EPS (diluted)
DLR
DLR
EVRG
EVRG
Q1 26
$0.22
Q4 25
$0.22
$0.35
Q3 25
$0.15
$2.03
Q2 25
$2.94
$0.74
Q1 25
$0.27
$0.54
Q4 24
$0.50
$0.34
Q3 24
$0.09
$2.02
Q2 24
$0.20
$0.90

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
DLR
DLR
EVRG
EVRG
Cash + ST InvestmentsLiquidity on hand
$3.5B
$19.8M
Total DebtLower is stronger
Stockholders' EquityBook value
$22.9B
$10.2B
Total Assets
$49.4B
$33.9B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
DLR
DLR
EVRG
EVRG
Q1 26
$3.5B
Q4 25
$3.5B
$19.8M
Q3 25
$3.3B
$27.5M
Q2 25
$3.6B
$27.8M
Q1 25
$2.3B
$35.3M
Q4 24
$3.9B
$22.0M
Q3 24
$2.2B
$34.6M
Q2 24
$2.3B
$26.1M
Stockholders' Equity
DLR
DLR
EVRG
EVRG
Q1 26
$22.9B
Q4 25
$22.9B
$10.2B
Q3 25
$23.0B
$10.3B
Q2 25
$22.9B
$10.0B
Q1 25
$21.3B
$9.9B
Q4 24
$21.3B
$10.0B
Q3 24
$21.2B
$10.0B
Q2 24
$20.5B
$9.7B
Total Assets
DLR
DLR
EVRG
EVRG
Q1 26
$49.4B
Q4 25
$49.4B
$33.9B
Q3 25
$48.7B
$33.4B
Q2 25
$48.7B
$32.9B
Q1 25
$45.1B
$32.5B
Q4 24
$45.3B
$32.3B
Q3 24
$45.3B
$32.1B
Q2 24
$43.6B
$31.8B

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
DLR
DLR
EVRG
EVRG
Operating Cash FlowLast quarter
$334.0M
Free Cash FlowOCF − Capex
$-530.5M
FCF MarginFCF / Revenue
-41.1%
Capex IntensityCapex / Revenue
66.9%
Cash ConversionOCF / Net Profit
3.96×
TTM Free Cash FlowTrailing 4 quarters
$-751.7M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
DLR
DLR
EVRG
EVRG
Q1 26
Q4 25
$719.0M
$334.0M
Q3 25
$652.9M
$937.7M
Q2 25
$641.2M
$323.9M
Q1 25
$399.1M
$449.6M
Q4 24
$769.5M
$395.6M
Q3 24
$566.5M
$953.3M
Q2 24
$573.2M
$317.5M
Free Cash Flow
DLR
DLR
EVRG
EVRG
Q1 26
Q4 25
$-530.5M
Q3 25
$225.4M
Q2 25
$-303.4M
Q1 25
$-143.2M
Q4 24
$-118.6M
Q3 24
$427.0M
Q2 24
$-360.0M
FCF Margin
DLR
DLR
EVRG
EVRG
Q1 26
Q4 25
-41.1%
Q3 25
12.8%
Q2 25
-22.4%
Q1 25
-11.1%
Q4 24
-9.7%
Q3 24
23.9%
Q2 24
-25.6%
Capex Intensity
DLR
DLR
EVRG
EVRG
Q1 26
Q4 25
66.9%
Q3 25
40.4%
Q2 25
46.3%
Q1 25
45.8%
Q4 24
41.9%
Q3 24
29.4%
Q2 24
48.1%
Cash Conversion
DLR
DLR
EVRG
EVRG
Q1 26
Q4 25
7.29×
3.96×
Q3 25
9.63×
1.97×
Q2 25
0.62×
1.89×
Q1 25
3.63×
3.60×
Q4 24
4.06×
5.06×
Q3 24
11.07×
2.05×
Q2 24
7.15×
1.53×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

DLR
DLR

Segment breakdown not available.

EVRG
EVRG

Electric Utility Customer Class Residential$462.9M36%
Electric Utility Customer Class Commercial$447.6M35%
Electric Utility Customer Class Industrial$164.1M13%
Electric Utility Customer Class Transmission$129.4M10%
Electric Utility Customer Class Wholesale$69.7M5%
Electric Utility Customer Class Other Retail$12.2M1%
Electric Utility Customer Class Industrial Steam$5.7M0%

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