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AI brief of an SEC Form 8-K · KLX Energy Services Holdings, Inc. (KLXE)

KLX Energy Services revenue rises 11% to $186 million; net loss widens to $15 million

Mixed Impact 3 of 5 earnings Written later

KLX Energy Services reported third quarter 2026 revenue of $186 million, up 11% from the second quarter, and Adjusted EBITDA of $25 million, up 33%. Net loss widened to $15 million, or $(0.68) per diluted share, from $8 million in the prior quarter, and the company expects fourth quarter revenue of $172 million to $184 million. The results follow the closed Backstopped Rights Offering, which converted $87.8 million of debt to equity.

Key points

  • Revenue $185.6 million vs. $167.3 million in Q2 2026 and $166.7 million in Q3 2025
  • Net loss $(15.5) million, or $(0.68) per diluted share, vs. $(8.4) million, or $(0.41), in Q2 2026
  • Adjusted EBITDA $24.9 million vs. $18.7 million in Q2 2026; Adjusted EBITDA margin 13.4%
  • Q4 2026 revenue guidance of $172 million to $184 million; total liquidity $78.4 million at September 30, 2026

The filing

CompanyKLX Energy Services Holdings, Inc. (KLXE)
Form8-K, current report
Filed with the SECNov 5, 2026, 4:10 PM ET
Accession number0001738827-26-000065

Items reported: 2.02 Results of Operations7.01 Regulation FD Disclosure

Read the filing on SEC.gov ↗

Written by AI on Nov 9, 2026, 8:53 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on November 05, 2026.

Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.