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Side-by-side financial comparison of Evergy (EVRG) and Nextpower Inc. (NXT). Click either name above to swap in a different company.

Evergy is the larger business by last-quarter revenue ($1.3B vs $909.4M, roughly 1.4× Nextpower Inc.). Nextpower Inc. runs the higher net margin — 14.4% vs 6.5%, a 7.9% gap on every dollar of revenue. On growth, Nextpower Inc. posted the faster year-over-year revenue change (33.9% vs 5.3%). Nextpower Inc. produced more free cash flow last quarter ($118.5M vs $-530.5M). Over the past eight quarters, Nextpower Inc.'s revenue compounded faster (11.1% CAGR vs 0.4%).

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.

Nextpower Inc. (NXT) is a global energy technology provider based in Fremont, California.

EVRG vs NXT — Head-to-Head

Bigger by revenue
EVRG
EVRG
1.4× larger
EVRG
$1.3B
$909.4M
NXT
Growing faster (revenue YoY)
NXT
NXT
+28.6% gap
NXT
33.9%
5.3%
EVRG
Higher net margin
NXT
NXT
7.9% more per $
NXT
14.4%
6.5%
EVRG
More free cash flow
NXT
NXT
$649.0M more FCF
NXT
$118.5M
$-530.5M
EVRG
Faster 2-yr revenue CAGR
NXT
NXT
Annualised
NXT
11.1%
0.4%
EVRG

Income Statement — Q4 FY2025 vs Q3 FY2026

Metric
EVRG
EVRG
NXT
NXT
Revenue
$1.3B
$909.4M
Net Profit
$84.3M
$131.2M
Gross Margin
31.7%
Operating Margin
18.5%
19.4%
Net Margin
6.5%
14.4%
Revenue YoY
5.3%
33.9%
Net Profit YoY
7.8%
13.8%
EPS (diluted)
$0.35
$0.85

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
EVRG
EVRG
NXT
NXT
Q4 25
$1.3B
$909.4M
Q3 25
$1.8B
$905.3M
Q2 25
$1.4B
$864.3M
Q1 25
$1.3B
$924.3M
Q4 24
$1.2B
$679.4M
Q3 24
$1.8B
$635.6M
Q2 24
$1.4B
$719.9M
Q1 24
$1.3B
$736.5M
Net Profit
EVRG
EVRG
NXT
NXT
Q4 25
$84.3M
$131.2M
Q3 25
$475.0M
$146.9M
Q2 25
$171.3M
$157.2M
Q1 25
$125.0M
$156.8M
Q4 24
$78.2M
$115.3M
Q3 24
$465.6M
$115.4M
Q2 24
$207.0M
$121.7M
Q1 24
$122.7M
$205.2M
Gross Margin
EVRG
EVRG
NXT
NXT
Q4 25
31.7%
Q3 25
32.4%
Q2 25
32.6%
Q1 25
33.1%
Q4 24
35.5%
Q3 24
35.4%
Q2 24
33.0%
Q1 24
46.2%
Operating Margin
EVRG
EVRG
NXT
NXT
Q4 25
18.5%
19.4%
Q3 25
37.3%
20.0%
Q2 25
25.4%
21.5%
Q1 25
22.5%
21.1%
Q4 24
18.1%
22.1%
Q3 24
35.1%
21.0%
Q2 24
25.4%
22.2%
Q1 24
20.3%
36.8%
Net Margin
EVRG
EVRG
NXT
NXT
Q4 25
6.5%
14.4%
Q3 25
26.9%
16.2%
Q2 25
12.6%
18.2%
Q1 25
9.7%
17.0%
Q4 24
6.4%
17.0%
Q3 24
26.0%
18.2%
Q2 24
14.7%
16.9%
Q1 24
9.6%
27.9%
EPS (diluted)
EVRG
EVRG
NXT
NXT
Q4 25
$0.35
$0.85
Q3 25
$2.03
$0.97
Q2 25
$0.74
$1.04
Q1 25
$0.54
$1.05
Q4 24
$0.34
$0.79
Q3 24
$2.02
$0.79
Q2 24
$0.90
$0.84
Q1 24
$0.53
$1.52

Balance Sheet & Financial Strength

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

Metric
EVRG
EVRG
NXT
NXT
Cash + ST InvestmentsLiquidity on hand
$19.8M
$952.6M
Total DebtLower is stronger
Stockholders' EquityBook value
$10.2B
$2.2B
Total Assets
$33.9B
$3.8B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
EVRG
EVRG
NXT
NXT
Q4 25
$19.8M
$952.6M
Q3 25
$27.5M
$845.3M
Q2 25
$27.8M
$743.4M
Q1 25
$35.3M
$766.1M
Q4 24
$22.0M
$693.5M
Q3 24
$34.6M
$561.9M
Q2 24
$26.1M
$471.9M
Q1 24
$63.7M
$474.1M
Stockholders' Equity
EVRG
EVRG
NXT
NXT
Q4 25
$10.2B
$2.2B
Q3 25
$10.3B
$2.0B
Q2 25
$10.0B
$1.8B
Q1 25
$9.9B
$1.6B
Q4 24
$10.0B
$1.4B
Q3 24
$10.0B
$1.3B
Q2 24
$9.7B
$1.1B
Q1 24
$9.6B
$961.0M
Total Assets
EVRG
EVRG
NXT
NXT
Q4 25
$33.9B
$3.8B
Q3 25
$33.4B
$3.7B
Q2 25
$32.9B
$3.4B
Q1 25
$32.5B
$3.2B
Q4 24
$32.3B
$3.0B
Q3 24
$32.1B
$2.8B
Q2 24
$31.8B
$2.6B
Q1 24
$31.3B
$2.5B

Cash Flow & Capital Efficiency

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

Metric
EVRG
EVRG
NXT
NXT
Operating Cash FlowLast quarter
$334.0M
$123.3M
Free Cash FlowOCF − Capex
$-530.5M
$118.5M
FCF MarginFCF / Revenue
-41.1%
13.0%
Capex IntensityCapex / Revenue
66.9%
0.5%
Cash ConversionOCF / Net Profit
3.96×
0.94×
TTM Free Cash FlowTrailing 4 quarters
$-751.7M
$587.3M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
EVRG
EVRG
NXT
NXT
Q4 25
$334.0M
$123.3M
Q3 25
$937.7M
$186.9M
Q2 25
$323.9M
$81.3M
Q1 25
$449.6M
$237.3M
Q4 24
$395.6M
$143.8M
Q3 24
$953.3M
$153.8M
Q2 24
$317.5M
$120.8M
Q1 24
$317.3M
$111.5M
Free Cash Flow
EVRG
EVRG
NXT
NXT
Q4 25
$-530.5M
$118.5M
Q3 25
$225.4M
$171.4M
Q2 25
$-303.4M
$70.1M
Q1 25
$-143.2M
$227.2M
Q4 24
$-118.6M
$134.9M
Q3 24
$427.0M
$141.8M
Q2 24
$-360.0M
$118.0M
Q1 24
$-301.3M
$109.2M
FCF Margin
EVRG
EVRG
NXT
NXT
Q4 25
-41.1%
13.0%
Q3 25
12.8%
18.9%
Q2 25
-22.4%
8.1%
Q1 25
-11.1%
24.6%
Q4 24
-9.7%
19.9%
Q3 24
23.9%
22.3%
Q2 24
-25.6%
16.4%
Q1 24
-23.5%
14.8%
Capex Intensity
EVRG
EVRG
NXT
NXT
Q4 25
66.9%
0.5%
Q3 25
40.4%
1.7%
Q2 25
46.3%
1.3%
Q1 25
45.8%
1.1%
Q4 24
41.9%
1.3%
Q3 24
29.4%
1.9%
Q2 24
48.1%
0.4%
Q1 24
48.3%
0.3%
Cash Conversion
EVRG
EVRG
NXT
NXT
Q4 25
3.96×
0.94×
Q3 25
1.97×
1.27×
Q2 25
1.89×
0.52×
Q1 25
3.60×
1.51×
Q4 24
5.06×
1.25×
Q3 24
2.05×
1.33×
Q2 24
1.53×
0.99×
Q1 24
2.59×
0.54×

Financial Flow Comparison

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

Revenue Breakdown by Segment

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%

NXT
NXT

Transferred Over Time$763.9M84%
Transferred At Point In Time$145.4M16%

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