KLX Energy Services Holdings, Inc. (KLXE) Q3 2026 Earnings Call Transcript

KLX Energy Services faces a precarious outlook characterized by sustained top-line contraction and structural margin compression, as evidenced by a 2.6% gross margin in 2026Q1.
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Trailing total returns as of 11/8/2026, which may include dividends or other distributions. Benchmark is S&P 500 (^GSPC).
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| Quarter | EPS (Act vs Est) | Revenue (Act vs Est) |
|---|---|---|
Q4 2026Latest Nov 5, 2026 | -$0.44-25.7% vs -$0.35 | $186M+1.7% vs $183M |
Q3 2026 Aug 10, 2026 | -$0.64+21.5% vs -$0.82 | $167M-0.1% vs $168M |
Q2 2026 May 12, 2026 | -$1.18+7.1% vs -$1.27 | $145M-1.2% vs $147M |
Q2 2026 Mar 11, 2026 | -$0.76+5.0% vs -$0.80 | $157M-0.6% vs $158M |
KLX Energy Services Holdings, Inc. (KLXE) Q3 2026 Earnings Call Transcript

KLX Energy Services (KLXE) came out with a quarterly loss of $0.44 per share versus the Zacks Consensus Estimate of a loss of $0.35. This compares to a loss of $0.73 per share a year ago.

HOUSTON, Nov. 5, 2026 /PRNewswire/ -- KLX Energy Services Holdings, Inc. (Nasdaq: KLXE) ("KLX", the "Company", "we", "us" or "our") today reported financial results for the third quarter ended September 30, 2026. Third Quarter 2026 Financial and Operational Highlights Revenue of $186 million, an 11% increase over second quarter 2026 Net loss of $(15) million and diluted loss per share of $(0.68) Adjusted net loss, excluding costs related to the Backstopped Rights Offering, of $(10) million and adjusted diluted earnings per share of $(0.44) Net loss margin of (8)% Adjusted EBITDA of $25 million, a 33% increase over second quarter 2026 Adjusted EBITDA margin of 13%, a 20% increase over second quarter 2026 Total liquidity of $78 million, consisting of approximately $5 million of cash and cash equivalents and approximately $73 million of available capacity under the 2028 ABL Facility On September 29, 2026, closed the Backstopped Rights Offering, converting $87.8 million of debt to equity and receiving $37.2 million in new equity purchases, $6.2 million of which was used to redeem additional debt after the end of the quarter See "Non-GAAP Financial Measures" at the end of this release for a discussion of Adjusted EBITDA, Adjusted EBITDA margin, Adjusted Net Loss, Adjusted Diluted Loss per share, Unlevered and Levered Free Cash Flow, Net Working Capital, Net Debt and their reconciliations to the most directly comparable financial measure calculated and presented in accordance with U.S. generally accepted accounting principles ("GAAP").
HOUSTON, Nov. 2, 2026 /PRNewswire/ -- KLX Energy Services Holdings, Inc. ("KLX" or the "Company") (NASDAQ: KLXE) announced today that it will report its 2026 third quarter financial results prior to the Company's live conference call, which can be accessed via dial-in or webcast, on Friday, November 6, 2026 at 9:00 a.m. Eastern Time (8:00 a.m.

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Key metrics vs top competitors for KLX Energy Services Holdings, Inc. (KLXE)
| Company | Price | Market Cap | P/E Ratio | Rev Growth (1Y) | Net Margin | ROE | Div Yield |
|---|---|---|---|---|---|---|---|
| $1.00 | $20.54M | -0.36 | -10.25% | -9.61% | — | — | |
| $7.44 | $103.79M | 1.53 | 1.41% | 12.66% | 514.81% | — | |
| $6.39 | $783.52M | 491.54 | -12.13% | 0.16% | 0.21% | — | |
| $16.18 | $2.03B | 63.48 | -3.08% | 2.24% | 3.11% | 2% | |
| $3.01 | $544.57M | -1.42 | -11.37% | -20.39% | -52.48% | — | |
| $47.87 | $47.52B | 16.48 | -0.34% | 10.09% | 14.65% | 1.91% |
KLX Energy Services Holdings, Inc. (KLXE) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.
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KLX Energy Services Holdings, Inc. (KLXE) SEC filings — annual & quarterly reports (10-K, 10-Q)
Aug 10, 2026·SEC
Aug 10, 2026·SEC
Jun 30, 2026·SEC
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KLX Energy Services Holdings, Inc. (KLXE) stock FAQ — growth, dividends, profitability & financials explained
KLX Energy Services Holdings, Inc. (KLXE) reported $654.5M in revenue over the trailing twelve months. Revenue was $636.6M in fiscal year 2025. That is 318% more than the $152.2M of fiscal year 2016.
KLX Energy Services Holdings, Inc. (KLXE) grew revenue by 1.4% over the trailing twelve months, compared with the twelve months before.
No. KLX Energy Services Holdings, Inc. (KLXE) reported a net loss of $62.9M over the trailing twelve months.
KLX Energy Services Holdings, Inc. (KLXE) had negative free cash flow of $9.3M over the trailing twelve months.