KLXE

MKT CAP:$65M

KLX Energy Services Holdings, Inc.

Market Cap

$65M

Energy·Oil & Gas Equipment & Services·🇺🇸 United States·NASDAQ

Energy·Oil & Gas Equipment & Services·🇺🇸·NASDAQ

Stock Price

$2.92+$0.98 (+50.72%)

Apr 23, 2026

Company Details

KLX Energy Services Holdings, Inc. provides drilling, completions, production, and well intervention services and products to the onshore oil and gas producing regions of the United States. The company operates through three segments: South...

CEO

Christopher J. Baker

IPO Date

Aug 29, 2018

Website

www.klxenergy.com

Key Metrics TTM

Revenue

$637M

-10.3% YoY

Net Income

-$77M

EPS (Diluted)

-$4.27

Free Cash Flow

-$42M

Revenue / Share

$33.15

Gross Margin

13.8%

Operating Margin

-4.8%

Net Margin

-12.1%

FCF Margin

-6.5%

P/S

0.1x

P/E

—

Earnings Reports

Q1 2026

May 14, 2026

PENDING

FY 2025

Mar 12, 2026

$637M-10.2%EPS -$4.12

Q4 2025

Mar 12, 2026

$157M-5.3%EPS -$0.78

Q3 2025

Nov 6, 2025

$167M-11.8%EPS -$0.74

Q2 2025

Aug 7, 2025

$159M-11.8%EPS -$1.04

Revenue & Profitability

Quarter	Revenue	Gross Profit	Operating Income
Q4 21	$94M	$3M	-$8M
Q1 22	$152M	$17M	-$12M
Q2 22	$184M	$34M	$1M
Q3 22	$222M	$53M	$20M
Q1 23	$240M	$59M	$19M
Q2 23	$234M	$61M	$20M
Q3 23	$221M	$54M	$16M
Q4 23	$194M	$22M	$2M
Q1 24	$175M	$9M	-$13M
Q2 24	$180M	$21M	$2M
Q3 24	$189M	$47M	$1M
Q4 24	$166M	$38M	-$5M
Q1 25	$154M	$30M	-$18M
Q2 25	$159M	$10M	-$9M
Q3 25	$167M	$36M	-$3M
Q4 25	$157M	$12M	-$900.0K

Valuation

Quarter	P/S	P/E
Q4 21	0.1x	—
Q1 22	0.1x	—
Q2 22	0.1x	—
Q3 22	0.2x	—
Q1 23	0.3x	—
Q2 23	0.2x	6.4x
Q3 23	0.2x	4.3x
Q4 23	0.2x	9.3x
Q1 24	0.1x	—
Q2 24	0.1x	—
Q3 24	0.1x	—
Q4 24	0.1x	—
Q1 25	0.1x	—
Q2 25	0.0x	—
Q3 25	0.1x	—
Q4 25	0.0x	—

Operating Cash Flow

Quarter	Operating CF	Free CF
Q4 21	-$12M	-$16M
Q1 22	-$6M	-$12M
Q2 22	-$8M	-$16M
Q3 22	$19M	$6M
Q1 23	-$9M	-$19M
Q2 23	$60M	$44M
Q3 23	$26M	$8M
Q4 23	$38M	$25M
Q1 24	-$11M	-$24M
Q2 24	$22M	$6M
Q3 24	$17M	-$4M
Q4 24	$26M	$11M
Q1 25	-$38M	-$53M
Q2 25	$19M	$6M
Q3 25	$14M	$2M
Q4 25	$13M	$3M

Capital Expenditures

Quarter	CapEx
Q4 21	$4M
Q1 22	$6M
Q2 22	$8M
Q3 22	$13M
Q1 23	$10M
Q2 23	$16M
Q3 23	$18M
Q4 23	$13M
Q1 24	$14M
Q2 24	$15M
Q3 24	$21M
Q4 24	$15M
Q1 25	$15M
Q2 25	$13M
Q3 25	$12M
Q4 25	$9M

CapEx

OpEx vs Revenue Growth (YoY)

Quarter	Revenue Growth	OpEx Growth
Q4 21	+8.8%	-6.4%
Q1 22	+67.7%	+36.8%
Q2 22	+64.8%	+42.1%
Q3 22	+59.4%	+34.7%
Q1 23	+153.8%	+115.9%
Q2 23	+53.6%	+30.9%
Q3 23	+19.6%	+11.6%
Q4 23	-12.4%	-4.5%
Q1 24	-27.1%	-14.9%
Q2 24	-23.0%	-16.7%
Q3 24	-14.4%	-8.0%
Q4 24	-14.8%	-11.3%
Q1 25	-11.8%	-8.6%
Q2 25	-11.8%	-6.2%
Q3 25	-11.8%	-9.6%
Q4 25	-5.3%	-7.5%

Stock-Based Compensation

Quarter	SBC ($)	% of Revenue
Q4 21	$0	0.0%
Q1 22	$700.0K	0.5%
Q2 22	$800.0K	0.4%
Q3 22	$700.0K	0.3%
Q1 23	$700.0K	0.3%
Q2 23	$800.0K	0.3%
Q3 23	$800.0K	0.4%
Q4 23	$700.0K	0.4%
Q1 24	$900.0K	0.5%
Q2 24	$1M	0.6%
Q3 24	$1M	0.5%
Q4 24	$1M	0.6%
Q1 25	$800.0K	0.5%
Q2 25	$600.0K	0.4%
Q3 25	$600.0K	0.4%
Q4 25	$600.0K	0.4%

OpEx Breakdown

Quarter	R&D	SG&A
Q4 21	$100.0K	$11M
Q1 22	$100.0K	$15M
Q2 22	$100.0K	$18M
Q3 22	$200.0K	$18M
Q1 23	$300.0K	$26M
Q2 23	$300.0K	$22M
Q3 23	$400.0K	$19M
Q4 23	$400.0K	$20M
Q1 24	$300.0K	$22M
Q2 24	$300.0K	$19M
Q3 24	$400.0K	$21M
Q4 24	$400.0K	$18M
Q1 25	$400.0K	$22M
Q2 25	$400.0K	$18M
Q3 25	$400.0K	$16M
Q4 25	$500.0K	$13M

War Chest

Quarter	Cash	Short-term Investments	Total
Q1 22	$19M	$0	$19M
Q2 22	$32M	$0	$32M
Q3 22	$41M	$0	$41M
Q4 22	$57M	$0	$57M
Q1 23	$40M	$0	$40M
Q2 23	$82M	$0	$82M
Q3 23	$90M	$0	$90M
Q4 23	$113M	$0	$113M
Q1 24	$85M	$0	$85M
Q2 24	$87M	$0	$87M
Q3 24	$83M	$0	$83M
Q4 24	$92M	$0	$92M
Q1 25	$15M	$0	$15M
Q2 25	$17M	$0	$17M
Q3 25	$8M	$0	$8M
Q4 25	$6M	$0	$6M

Shares Outstanding

Quarter	Shares (Diluted)	QoQ Change	YoY Change
Q4 21	10M	+12.8%	+16.9%
Q1 22	10M	+4.1%	+21.7%
Q2 22	11M	+10.9%	+33.3%
Q3 22	12M	+2.7%	+33.7%
Q1 23	14M	+25.2%	+48.5%
Q2 23	16M	+11.8%	+59.4%
Q3 23	16M	0.0%	+43.8%
Q4 23	16M	-0.6%	+39.1%
Q1 24	16M	+0.6%	+11.8%
Q2 24	16M	+0.6%	+0.6%
Q3 24	16M	0.0%	+0.6%
Q4 24	16M	+0.6%	+1.9%
Q1 25	16M	0.0%	+1.2%
Q2 25	19M	+17.8%	+18.5%
Q3 25	19M	0.0%	+18.5%
Q4 25	19M	0.0%	+17.8%

Shares Outstanding

Revenue Per Employee

Period	Revenue/Employee	Employees
Q4 21	$74.3K	1K
Q1 22	$119.9K	1K
Q2 22	$145.2K	1K
Q3 22	$174.5K	1K
Q1 23	$134.7K	2K
Q2 23	$131.5K	2K
Q3 23	$124.0K	2K
Q4 23	$101.2K	2K
Q1 24	$91.0K	2K
Q2 24	$93.9K	2K
Q3 24	$98.4K	2K
Q4 24	$95.9K	2K
Q1 25	$89.2K	2K
Q2 25	$92.1K	2K
Q3 25	$96.6K	2K
Q4 25	$101.3K	2K

Revenue / Employee