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Nasdaq · Energy

KLX Energy Services Holdings, Inc. (KLXE)

As-reported financials and SEC filings for KLX Energy Services Holdings, Inc. The latest annual period is FY2025. The latest reported quarter is Q2 FY2026. Financial statements come straight from the company’s EDGAR filings; valuation figures such as P/E and market cap use market data.

About KLX Energy Services Holdings, Inc.

KLX Energy Services Holdings, Inc. provides diversified oilfield services to onshore oil and natural gas exploration and production companies across major U.S. basins. Its services include directional drilling, coiled tubing, hydraulic fracturing rentals, wireline, pressure control, and well intervention, supported by proprietary tools such as hydraulic fracturing stacks and dissolvable plugs. The company operates over 60 service facilities and serves primarily independent major oil and gas companies focused on technically demanding wells.

Snapshot

Revenue
$636.6M
Revenue growth (YoY)
-10.2%
Net income
$-77.1M
Diluted EPS
$-4.12
Gross margin
21.2%
Operating margin
-4.8%
Net margin
-12.1%
FCF margin
-6.5%
ROE
—
net income / fiscal-year-end equity
P/E
n/m
not meaningful: a reported loss in the fiscal year or the trailing twelve months
Market cap
$138.7M
Long-term debt / equity
—
non-current term debt only

Fundamentals are from SEC filings for FY2025, the latest annual period (ended December 31, 2025). P/E and market cap are derived from stored market prices, last retrieved on a rolling basis and typically within the past week.

What changed at KLX Energy Services Holdings

  • Revenue fell 10.2% to $637M in FY2025, after a 20.2% decline the year before.
  • Operating margin is -4.8% in FY2025, +9.9 pp against -14.7% in FY2021.
  • Most recent quarter Q2 FY2026: revenue $167M, up 5.2% from Q2 FY2025.
  • Free cash flow was negative $42M in FY2025.
  • Net loss widened to $77M in FY2025, from $53M in FY2024.

Computed from the as-reported figures in the statements below. A change we cannot state from filed figures is left out rather than estimated.

Peer comparison

Where KLX Energy Services Holdings’s fundamentals sit among the 133 Energy companies. Each figure is ranked only against peers that report it, from lowest (left) to highest (right).

Gross margin21.2%
43rd percentile of 45
Operating margin-4.8%
13th percentile of 110
Net margin-12.1%
9th percentile of 128
FCF margin-6.5%
11th percentile of 76
Revenue growth (YoY)-10.2%
18th percentile of 131
Short interest2.90d
27th percentile of 131

KLX Energy Services Holdings’s net margin of -12.1% ranks in the 9th percentile of the 128 Energy companies reporting it. KLX Energy Services Holdings’s FCF margin of -6.5% ranks in the 11th percentile of the 76 Energy companies reporting it. KLX Energy Services Holdings’s operating margin of -4.8% ranks in the 13th percentile of the 110 Energy companies reporting it.

No reported insider transactions (codes P/S) in the last 90 days. For context, about 15% of companies in the universe saw any reported insider purchase (code P) in the same window. Browse insider activity →

Percentiles describe where a figure sits among sector peers reporting it (100th = highest). They are position within a peer group, not a rating, and not investment advice. Short interest ranking uses days to cover from FINRA Consolidated Short Interest data; FINRA is the owner and source of that data, included at no additional charge.

Institutional ownership

Held by 3 quant / multi-strat books among the superinvestors we track; no conviction manager currently reports a position.

Conviction investors
0
+3 quant / multi-strat
Initiated / added
2
0 new, 2 added
Reduced / exited
0
0 trimmed, 0 exited
Combined position
$1.1M
reported long value
InvestorAs ofPosition valueSharesChange
Citadel AdvisorsquantQ2 2026$666,631258.4KAdded
Renaissance TechnologiesquantQ2 2026$396,288153.6KAdded
Point72 Asset ManagementquantQ2 2026$80,41131.2KHeld

From quarterly Form 13F filings, which can be up to 45 days delayed. Long US-listed positions only: excludes short positions, options, cash, bonds, and non-US holdings, so this is not a manager’s complete portfolio. Counts are of the investors we track, not all institutions. Not investment advice.

Short interest

Total shares sold short as of each twice-monthly FINRA settlement. Rising short interest means more investors are positioned against the stock; days to cover estimates how many trading days of average volume that position represents.

Shares short
3.3M
settled 2026-09-30
Change vs prior
+10.5%
vs previous settlement
Days to cover
2.90
at avg daily volume
Avg daily volume
1.1M
FINRA reported
SettlementShares shortChangeDays to cover
2026-09-303.3M+10.5%2.90
2026-09-153.0M+8.3%3.74
2026-08-312.7M+9.5%6.67
2026-08-142.5M+90.1%2.68
2026-07-311.3M-8.1%6.01
2026-07-151.4M-3.9%11.13
2026-06-301.5M-2.3%4.71
2026-06-151.5M+18.2%3.34

Source: FINRA Consolidated Short Interest. FINRA is the owner and source of the FINRA-supplied data, which is included at no additional charge for your own personal or professional use; republishing or redistributing it is not permitted. Settlement dates are shown; FINRA publishes each settlement about nine business days later, so the latest figure can be two to four weeks old. Not presented as a percentage of float. No FINRA endorsement of this product is implied. Not investment advice.

Income statement (as reported)

 FY2025FY2024FY2023FY2022FY2021
Revenue$636.6M$709.3M$888.4M$781.6M$436.1M
Gross profit
Operating income$-30.3M$-15.5M$56.9M$32.5M$-64.1M
Net income$-77.1M$-53.0M$19.2M$-3.1M$-93.8M
Diluted EPS$-4.12$-3.27$1.22$-0.27$-10.83

Figures as reported to the SEC. Underlined values link to the filing they came from; dotted values are calculated by us from reported figures; “adj” means restated for a stock split (tap or hover a figure to see how it was calculated or what was filed). Full details: where the numbers come from.

Balance sheet (as reported)

 FY2025FY2024FY2023FY2022FY2021
Cash and equivalents$5.7M$91.6M$112.5M$57.4M$28.0M
Current assets$149.9M$233.0M$290.3M$254.7M$164.7M
Total assets$340.3M$456.3M$539.8M$465.9M$387.7M
Current liabilities$126.2M$140.1M$164.1M$154.4M$122.7M
Long-term debt$253.9M$285.1M$284.3M$283.4M$274.8M
Total liabilities
Total equity$-74.2M$-10.5M$38.8M$-15.8M$-51.4M

Figures as reported to the SEC. Underlined values link to the filing they came from; dotted values are calculated by us from reported figures; “adj” means restated for a stock split (tap or hover a figure to see how it was calculated or what was filed). Full details: where the numbers come from.

Cash flow (as reported)

 FY2025FY2024FY2023FY2022FY2021
Operating cash flow$7.5M$54.2M$115.6M$15.7M$-55.6M
Capital expenditure$49.1M$65.1M$57.1M$35.6M$11.0M
Free cash flow

Figures as reported to the SEC. Underlined values link to the filing they came from; dotted values are calculated by us from reported figures; “adj” means restated for a stock split (tap or hover a figure to see how it was calculated or what was filed). Full details: where the numbers come from.

Quarterly trend

QuarterRevenueRevenue YoYNet incomeDiluted EPS
Q2 FY2026$167.3M5.2%$-8.4M$-0.41
Q1 FY2026$144.7M-6.0%$-24.0M$-1.23
Q4 FY2025-5.2%
Q3 FY2025$166.7M-11.8%$-14.3M$-0.74
Q2 FY2025$159.0M-11.8%$-19.9M$-1.04
Q1 FY2025$154.0M-11.8%$-27.9M$-1.62
Q4 FY2024-14.8%
Q3 FY2024$188.9M-14.4%$-8.2M$-0.51

Latest 8 quarters, from company XBRL filings on SEC EDGAR. A dotted underline marks a fourth-quarter figure we calculated from the full year and the first nine months. Revenue YoY is our calculation too: each quarter against the same quarter a year earlier.

Company facts

ExchangeNasdaq
SectorEnergy
SIC industryOil & Gas Field Services, NEC
Latest annual periodFY2025 (ended December 31, 2025)
Latest reported quarterQ2 FY2026 (ended June 30, 2026)
Oldest indexed filing2018
SEC CIK1738827

Selected SEC filings

10-K2026-03-12
View on EDGAR →
10-Q2026-08-11
View on EDGAR →
10-Q2026-05-13
View on EDGAR →
10-Q2025-11-06
View on EDGAR →
8-K2026-09-30
View on EDGAR →
8-K2026-09-25
View on EDGAR →
8-K2026-09-23
View on EDGAR →
8-K2026-09-18
View on EDGAR →

Largest Energy peers

All Energy companies →

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Data sourced from SEC EDGAR. Figures are as-reported and may be unaudited or restated; verify against the source filing before relying on them. Informational only. Not investment advice.