KLX Energy Services Holdings, Inc.

Listed Company

KLXECIK 0001738827NasdaqNon-AcceleratedSmaller ReportingOil & Gas Field Services, NecFY ends Dec 31

Period

FY 2025

Revenue

$636.60M

Net Income

$-77.10M

Total Assets

$340.30M

Equity

$-74.20M

Shares Out

19.91M

Op. Cash Flow

$7.50M

KLXE$2.12+19.44% · past yearDBEQ Basic

Daily closing prices

Business

KLX Energy Services Holdings, Inc. is a provider of diversified oilfield services to onshore oil and natural gas operators in unconventional and conventional plays across major U.S. basins. The company offers drilling, completion, production and well intervention services including directional drilling, coiled tubing, wireline, hydraulic fracturing rentals, and pressure control solutions through over 60 service facilities. KLX operates three geographic segments serving customers across the Southwest, Rocky Mountains and Northeast/Mid-Con regions.

Summary from 10-K filed 2026-03-12

Financials

Consolidated Statement of Income

Year Ended · In millions, except per-share amounts

Concept	FY 2025 2025-12-31	FY 2024 2024-12-31	FY 2023 2023-12-31	FY 2022 2022-12-31	FY 2021 2021-12-31
Revenues	637	709	888	782	436
Cost of sales	502	550	673	621	390
Depreciation and amortization	95	94	73	57	54
Selling, general and administrative	69	80	87	70	55
Research and development costs	2	1	1	600,000	600,000
Impairment and other charges	0	100,000	0	0	800,000
Operating loss	−30	−16	57	33	−64
Interest income	−400,000	−3	−2	0	—
Interest expense	45	39	37	—	—
Loss on debt extinguishment	1	0	—	—	—
Net loss before income tax	−76	−52	22	−3	−94
Income tax expense	800,000	600,000	3	600,000	300,000
Net loss	−77	−53	19	−3	−94
Net loss per share - basic (in dollars per share)	−4.12	−3.27	1.23	−0.27	−10.83
Net loss per share - diluted (in dollars per share)	−4.12	−3.27	1.22	−0.27	−10.83

Consolidated Balance Sheet

As of · In millions, except per-share amounts

Concept	FY 2025 2025-12-31	FY 2024 2024-12-31	FY 2023 2023-12-31	FY 2022 2022-12-31	FY 2021 2021-12-31
Cash and cash equivalents	6	92	113	57	28
Accounts receivabletrade, net of allowance of $1.7 and $4.2	103	97	127	154	103
Inventories, net	31	31	34	26	22
Prepaid expenses and other current assets	11	14	17	17	11
Total current assets	150	233	290	255	165
Property and equipment, net	161	197	221	168	171
Operating lease assets	22	20	22	37	47
Intangible assets, net	1	2	2	2	2
Other assets	6	5	5	4	2
Total assets	340	456	540	466	388
Accounts payable	69	74	88	84	72
Accrued interest	400,000	5	5	5	5
Accrued liabilities	26	41	43	41	24
Current portion of long-term debt	4	0	—	—	—
Current portion of operating lease liabilities	7	7	7	14	16
Current portion of finance lease liabilities	20	13	22	10	6
Total current liabilities	126	140	164	154	123
Long-term debt	254	285	284	283	275
Long-term operating lease liabilities	16	14	16	23	32
Long-term finance lease liabilities	17	26	36	20	9
Other non-current liabilities	1	2	400,000	800,000	1
Commitments and contingencies (Note 9)	—	—	—	—	—
Common Stock, $0.01 par value; 110.0 authorized; 18.9 and 17.5 issued	200,000	200,000	100,000	100,000	100,000
Additional paid-in capital	571	558	553	517	478
Treasury stock, at cost, 0.5 shares and 0.5 shares	−6	−6	−5	−5	−4
Accumulated deficit	−640	−562	−509	−529	−525
Total stockholders deficit	−74	−11	39	−16	−51
Total liabilities and stockholders' deficit	340	456	540	466	388

Consolidated Statement of Cash Flows

Year Ended · In millions, except per-share amounts

Concept	FY 2025 2025-12-31	FY 2024 2024-12-31	FY 2023 2023-12-31	FY 2022 2022-12-31	FY 2021 2021-12-31
Non-cash compensation	3	4	3	3	3
Amortization of deferred financing fees	5	3	—	2	1
Provision for inventory reserve	1	900,000	500,000	3	800,000
Gain on disposal of property, equipment and other	−11	−12	−10	−13	−8
Non-cash interest expense	17	0	—	—	—
Other	700,000	−600,000	−1	−1	500,000
Accounts receivable	−6	31	44	−51	−37
Inventories	−2	1	−9	−6	−2
Prepaid expenses and other current and non-current assets	8	14	19	16	7
Accounts payable	−2	−17	−4	12	29
Other current and non-current liabilities	−25	−11	−18	−2	−12
Net cash flows provided by operating activities	8	54	116	16	−56
Purchases of property and equipment	−49	−65	−57	−36	−11
Proceeds from sale of property and equipment and other	16	14	16	17	16
Net cash flows used in investing activities	−33	−51	−40	−19	5
Borrowings under 2028 ABL Facility	139	0	—	—	—
Proceeds from issuance of 2030 Senior Notes and warrants	225	0	—	—	—
Payments on finance lease obligations	−20	−22	−15	−10	—
Payments of debt issuance costs	−11	−900,000	−500,000	−2	0
Proceeds from note payable	7	5	—	—	—
Change in financed payables	−7	−6	−5	−2	−900,000
Other	−100,000	−800,000	−700,000	1	—
Net cash flows used in financing activities	−61	−24	−21	32	32
Net change in cash and cash equivalents	−86	−21	55	29	−19
Cash paid during period for interest	28	37	35	34	31
Accrued capital expenditures	9	13	5	400,000	5
Non-cash interest expense (paid in kind)	17	0	—	—	—
Debt-for-equity exchanges	0	1	0	—	—

Filings

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Frequently asked questions

What is KLX Energy Services Holdings, Inc.'s CIK number?

KLX Energy Services Holdings, Inc.'s SEC CIK number is 0001738827 (1738827). The CIK (Central Index Key) is the permanent identifier the SEC assigns to every EDGAR filer — unlike a ticker symbol, it never changes.

Where can I find KLX Energy Services Holdings, Inc.'s SEC filings?

All of KLX Energy Services Holdings, Inc.'s EDGAR filings — 10-K annual reports, 10-Q quarterly reports, 8-K material events, and insider transactions — are listed on this page, sourced live from SEC EDGAR.

When did KLX Energy Services Holdings, Inc. last report earnings?

KLX Energy Services Holdings, Inc. (KLXE) most recently filed an earnings 8-K with the SEC on Jun 30, 2026, furnishing its results under Item 2.02 (Results of Operations and Financial Condition). The earnings press release is attached to that filing (accession 0001738827-26-000025). This is KLX Energy Services Holdings, Inc.'s most recent earnings filing of record — not a forecast of its next earnings date.

What is KLX Energy Services Holdings, Inc.'s most recent earnings 8-K?

KLX Energy Services Holdings, Inc.'s latest earnings 8-K (Item 2.02) was filed Jun 30, 2026 under accession 0001738827-26-000025. It carries the quarterly or annual earnings press release — the earliest official, SEC-filed version of the results.

View KLX Energy Services Holdings, Inc.'s latest earnings 8-K →
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