KLXE Stock — KLX Energy Services Holdings, Inc.

Up next

Next earnings call

Oct 31, 2026 Est · unconfirmed · in 4 wks

Latest filing: 10-Q

filed Aug 11, 2026

Q2 2026 earnings call transcript

call held Aug 11, 2026

Metrics snapshot

Useful current figures from the complete screener profile.

View all 115 metrics

Revenue (TTM)

$635.60M

Trailing 12 months

Net income (TTM)

−$61.70M

Trailing 12 months

Revenue growth YoY

+5.2%

Year over year

Operating margin

-2.4%

Trailing 12 months

P / E (TTM)

—

Trailing earnings

FCF yield

-5.5%

TTM · current market cap

Return on invested capital

—

Trailing 12 months

Net cash

−$281.00M

Latest balance sheet

Dividend yield

—

Trailing 12 months

Shares change YoY

+6.8%

Year over year · more shares

Price change (1Y)

-26.0%

Trailing year

Short interest

14.0%

Latest settlement · 3.7 days to cover

View all 115 metrics

AI Brief

Q2 FY26 earnings call · Aug 11, 2026

Q2 FY26

TL;DR. KLXE reported Q2 results in line with guidance with revenue up 15.6% sequentially to $167.3M and adjusted EBITDA up 68% to $18.7M, closed and began integrating the Wolfpack acquisition, and announced a $125M backstop equity rights offering to reduce net leverage to ~2.7x.

Bullish

+ Q2 revenue grew 15.6% sequentially to $167.3M and adjusted EBITDA rose 68% to $18.7M with margin expanding to 11.2%, in line with guidance. new
+ Q3 revenue guided to $176–$188M (midpoint $182M), up $15M sequentially, with expected continued margin expansion as activity builds. new
+ Announced $125M backstop equity rights offering to reduce net leverage to ~2.7x and cut interest expense by $11–$14M annually. new
+ Generated positive operating cash flow of $10.5M and levered free cash flow of $4.1M in the quarter with maintenance capex. new
+ Excluding Wolfpack, the base business grew more than 13% sequentially, outpacing the 5.8% increase in U.S. land rig count. new

Bearish

− Reported a net loss of $8.4M in Q2, although improved from Q1's $24.0M loss. new
− Mixed revenue/margin trends across segments: Northeast/Mid-Con revenue was sequentially flat, and Rocky Mountains and Southwest segment operating income remained nearly break-even. new
− Company cites muted customer response to volatile commodity prices and pressure on pricing across most service lines. new
− Total debt stood at $288.9M with $7.9M cash and Wolfpack integration risk noted as a current focus area. new

AI-generated from the earnings call and 8-K · may contain errors · not investment advice

Equibles Rating

blended score · not investment advice

Overall

Strong Sell

SellHoldBuy

Technical Sell Momentum Very Weak Sentiment Neutral Fundamentals Poor Quant / Vol Very High

Market backdrop VIX 16.3 · calm Equity put/call 0.53

Technical

price trend

Sell

50 / 200-day cross No cross

Price vs 200-day avg −39%

below

Price vs 50-day avg −15%

below

RSI (14) 39

neutral

MACD trend Positive

52-week position 0%

near low

Momentum

relative strength

Very Weak

1-month return −6%

trailing

6-month return −34%

trailing

YTD return −23%

this year

Relative strength −47%

vs S&P · 6-mo

Sentiment

smart money

Neutral

Trend (MA cross) No cross

50d $2 › 200d $2 — 200d above 50d

Institutional flow Accumulating

+9% holders QoQ · +15 funds added

Insider flow Flat

No net insider activity over 90 days

Short interest Rising

13.97% of float · ▲ +8.3% MoM · 3.7 days cover

Volume signal Normal

Volume near normal

Institution breadth Steady

63 holders — mid 3-yr range

Squeeze score 73

high risk · 0–100

Fundamentals

Poor

Revenue growth −10%

Y/Y

EPS growth −26%

Y/Y

Free cash flow $-41.6M

Balance sheet $252.6M

net debt

Quant / Vol

risk profile

Very High

Volatility 96%

annualized · 1-yr

Max drawdown −66%

past year

ATR 7.3%

of price · 14-day

Blended from price, momentum, positioning, fundamentals & volatility · daily-close · not investment advice. Market backdrop is context, not part of the score.

Guidance & track record

what management promised — and delivered

Beat or met 2 of last 2

Latest guidance · from the Earnings Call filed Aug 11, 2026

Revenue · third quarter $176M – $188M

Guided vs delivered · last 2 settled

Revenue third quarter 2024

guided $175M – $190M

guided $175M – $190M $188.9M In line

Revenue second quarter 2024

guided $180M – $200M

guided $180M – $200M $180.2M In line

Guidance from company 8-Ks · delivered figures from as-reported statements · no analyst estimates involved.

Technicals

trend & momentum for long-term holders Sell

3 · 2 · 1

50 / 200-day cross

No cross Neutral

Price vs 200-day avg

−39% Bearish

Price vs 50-day avg

−15% Bearish

RSI (14)

39 Neutral

MACD trend

Positive Bullish

52-week position

0% Bearish

Market signals — smart money & positioning

Mixed

Trend (MA cross) No cross

50d $2 › 200d $2 — 200d above 50d

Institutional flow Accumulating

+9% holders QoQ · +15 funds added

Insider flow Flat

No net insider activity over 90 days

Short interest Rising

13.97% of float · ▲ +8.3% MoM · 3.7 days cover

Volume signal Normal

Volume near normal

Institution breadth Steady

63 holders — mid 3-yr range

Price context

position in its 52-week range

Range low $1 Now $1 · 0% Range high $4

vs 200-day avg -39% vs 50-day avg -15%

Illustrative technical + ownership context — a signal mix, not investment advice.

Key metrics

the company's own KPIs, from written earnings releases and filings

Metric	Latest	Period	YoY
Adjusted Diluted Loss per share non-GAAP	-$0.64	Three Months Ended June 30, 2026	—
Adjusted EBITDA non-GAAP	$18.7M	Q2 2026	—
GAAP → non-GAAP reconciliation GAAP Consolidated net loss -$8.4M -$1.7M Income tax (benefit) expense +$12.5M Interest expense, net -$0.3M Gain on debt extinguishment -$6.5M Bargain purchase gain +$0.5M Impairment and other charges +$1.2M One-time net costs +$20.8M Depreciation and amortization +$0.6M Non-cash compensation = Adjusted EBITDA $18.7M
Adjusted EBITDA margin non-GAAP	11.2%	Q2 2026	—
Adjusted Net Loss non-GAAP	-$13.2M	Three Months Ended June 30, 2026	—
GAAP → non-GAAP reconciliation GAAP Consolidated net loss -8.4M -6.5M Bargain purchase gain +0.5M Impairment and other charges +1.2M One-time costs = Adjusted Net Loss -13.2M
Capital expenditures	$8.6M	Q2 2026	—
Capital expenditures net of asset sales	$6.4M	Q2 2026	—
Consolidated Net Loss Margin	-5%	Three Months Ended June 30, 2026	—
Corporate and other Adjusted EBITDA loss non-GAAP	-$7.7M	Three Months Ended June 30, 2026	—
GAAP → non-GAAP reconciliation GAAP Corporate and other operating loss -$3.4M -$6.5M Bargain purchase gain +$1M One-time costs +$0.7M Depreciation and amortization expense +$0.5M Non-cash compensation = Corporate and other Adjusted EBITDA loss -$7.7M
Levered Free Cash Flow non-GAAP	$4.1M	Three Months Ended June 30, 2026	—
GAAP → non-GAAP reconciliation GAAP Net cash flow provided by operating activities 10.5M -8.6M Capital expenditures +2.2M Proceeds from sale of property and equipment = Levered Free Cash Flow 4.1M
Net Working Capital	$46M	Q2 2026	—
Northeast/Mid-Con Adjusted EBITDA non-GAAP	$12.5M	Three Months Ended June 30, 2026	—
GAAP → non-GAAP reconciliation GAAP Northeast/Mid-Con operating income (loss) $5.1M +$0.2M One-time costs +$7.2M Depreciation and amortization expense +$0M Non-cash compensation = Northeast/Mid-Con Adjusted EBITDA $12.5M
Northeast/Mid-Con Adjusted EBITDA Margin Percentage non-GAAP	24%	Three Months Ended June 30, 2026	—
Rocky Mountains Adjusted EBITDA Margin non-GAAP	12.4%	Three Months Ended June 30, 2026	—
Rocky Mountains Segment operating income (loss) margin	0.6%	Three Months Ended June 30, 2026	—
Southwest Adjusted EBITDA non-GAAP	$7.6M	Three Months Ended June 30, 2026	—
GAAP → non-GAAP reconciliation GAAP Southwest operating income (loss) $0.1M +$0M One-time costs +$7.5M Depreciation and amortization expense +$0M Non-cash compensation = Southwest Adjusted EBITDA $7.6M
Southwest Adjusted EBITDA Margin non-GAAP	11.8%	Three Months Ended June 30, 2026	—
Southwest Segment operating income (loss) margin	0.2%	Three Months Ended June 30, 2026	—
Total liquidity	$53.3M	Q2 2026	—
Unlevered Free Cash Flow non-GAAP	$6.6M	Three Months Ended June 30, 2026	—
GAAP → non-GAAP reconciliation GAAP Levered Free Cash Flow 4.1M +2.5M Cash interest expense, net = Unlevered Free Cash Flow 6.6M

Figures exactly as the company stated them in writing · click a metric with a to chart its history · period links open the stating document · "filing" marks figures stated in the 10-K/10-Q · YoY needs an exactly comparable prior-year period

Versus peers

Oil & Gas Equipment & Services — same industry group

Open screener →

Company	Mkt cap	YTD	Rev growth Y/Y	P/E	Short % shares
KLXE KLX Energy Services Holdings, Inc. this stock	$34.25M	-23.3%	-10.2%	—	14.0%
SLB Slb Limited/Nv	$76.49B	+26.9%	+9.5%	25.1	4.1%
BKR Baker Hughes Co	$55.51B	+20.6%	-0.3%	—	2.5%
TS Tenaris SA	$28.00B	+43.5%	—	—	0.8%
FTI TechnipFMC plc	$27.84B	+52.4%	+9.4%	24.7	3.2%

Peers by industry group · P/E from as-reported trailing EPS · short % is of shares outstanding

At a glance

key data from every section

Ownership

Institutional Holders Accumulating

Holders

63

% held: 34.2%
Net QoQ: +1.4M sh
Top holder: GENDELL JEFFREY L

Held Float

View

Held by Funds

Fund positions

23

View

Short & Settlement

Short Interest Rising

Shares short

3.0M

Days to cover: 3.7d
Change: +226.6K sh

View

Short Volume

Short vol %

54%

As of: Sep 30, 2026

Short Total

View

Fails to Deliver

FTD shares

26.4K

Value: $40.7K
As of: Sep 11, 2026

View

Off-Exchange

Off-exchange %

43.7%

Week of: Aug 24, 2026

Off-exch Lit

View

Financials

Revenue (FY)

$636.6M

Net income (FY): $-77.1M
EPS diluted: $-4.12

View

Filings

SEC Filings

Latest

8-K

Filed: Sep 30, 2026
This year: 19

View

Proposed Sales

Value

$39.5K

Shares: 22.0K
Filed: Dec 23, 2025

View

Earnings & Events

Earnings Calls

Last call

Aug 11, 2026

View

Investor Relations

	5D	20D	120D	MTD	YTD
KLXE	-1.4%	-6.5%	-34.4%	-5.8%	-23.3%
SPY	-0.7%	+0.1%	+12.2%	-0.6%	+11.8%
vs SPY	-0.7%	-6.6%	-46.6%	-5.3%	-35.1%

KLXE · KLX Energy Services Holdings, Inc.

Price & Indicators

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Metrics snapshot

AI Brief

Equibles Rating

Guidance & track record

Technicals

Key metrics

Versus peers

At a glance

Performance