Welcome to our dedicated page for Klx Energy Services Holdings SEC filings (Ticker: KLXE), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
KLX Energy Services Holdings, Inc. filings document the public-company record for an oilfield-services provider with $0.01 par value common stock listed on the Nasdaq Global Select Market under KLXE. Recent Form 8-K reports furnish quarterly and annual operating results, Regulation FD investor presentations, non-GAAP financial measures and liquidity information tied to the company's asset-based revolving credit facility.
Proxy filings describe annual meeting matters, director elections, certificate-of-incorporation amendment matters affecting board classification, and stockholder voting mechanics. The filing record also identifies governance disclosures, exhibit materials, forward-looking statement cautions and formal reporting of financial results for KLX's U.S. drilling, completion, production and intervention service business.
KLX Energy Services Holdings, Inc. Schedule 13G/A amendment reports that Cross Ocean Partners-related filing persons beneficially own 745,122 shares of Common Stock, including warrants to purchase 305,438 shares exercisable at $0.01 per share. The stake equals 3.7% based on 19,688,752 shares outstanding as of March 17, 2026. The ownership is reported as of March 31, 2026 and is held indirectly through managed funds; the reporting persons disclaim direct beneficial ownership. The filing is made under a previously executed Joint Filing Agreement.
KLX Energy Services Holdings, Inc. is registering up to $250,000,000 of common stock, preferred stock, debt securities, warrants, units and rights under a shelf prospectus (Subject to completion, dated May 14, 2026).
The prospectus also covers up to 2,175,887 shares of common stock issuable upon exercise of warrants held by selling stockholders for public resale. The company states it will not receive proceeds from sales by the selling stockholders. Shares outstanding were 19,911,759 as of April 30, 2026, and the closing price on May 13, 2026 was $4.27.
KLX Energy Services reported a quarterly net loss of $24.0M for the three months ended March 31, 2026, improving from a $27.9M loss a year earlier. Revenue slipped 6.0% to $144.7M as lower activity and pricing reduced demand across most regions.
Cost of sales fell but rose as a share of revenue to 82.3%, while SG&A dropped to $15.4M, or 10.6% of sales, reflecting cost-control efforts. Operating loss narrowed to $12.1M from $17.7M, helped by lower corporate expenses.
Cash flow from operations turned slightly positive at $0.3M versus a $37.6M outflow a year earlier. The company ended the quarter with $5.6M in cash, $49.0M drawn on its 2028 ABL Facility and $249.5M principal outstanding on 2030 Senior Notes, leaving stockholders’ deficit at $96.1M.
KLX Energy Services Holdings, Inc. reported first quarter 2026 revenue of $144.7 million, down 6% from the prior year’s first quarter, and a net loss of $24.0 million, or $(1.23) per diluted share. Adjusted EBITDA was $11.1 million, giving an Adjusted EBITDA margin of 7.7%, compared with 9.0% a year earlier, and consolidated net loss margin was 16.6%.
By segment, revenue was $38.6 million in Rocky Mountains, $53.6 million in Southwest and $52.5 million in Northeast/Mid-Con, with Northeast/Mid-Con showing a 28.0% year-over-year revenue increase and strong margin improvement. Total liquidity as of March 31, 2026 was $47.7 million, including $5.6 million of cash. The company forecasts second quarter 2026 revenue of $162–$172 million, with a midpoint of $167 million, and expects sequential Adjusted EBITDA margin expansion driven by higher activity.
KLX Energy Services Holdings, Inc. reported the final results from its 2026 Annual Meeting of Stockholders held on May 6, 2026. There were 19,668,752 shares issued, outstanding and entitled to vote as of the March 17, 2026 record date.
Stockholders did not approve declassification of the Board of Directors or the elimination of supermajority voting requirements to amend the bylaws or certificate of incorporation, each of which required an affirmative vote of 66 2/3% in voting power of the outstanding voting stock. Two Class II director nominees, John T. Collins and Danielle E. Hunter, were elected to serve until the 2029 Annual Meeting.
On a non-binding, advisory basis, stockholders approved the compensation of the company’s named executive officers. Stockholders also ratified the selection of Deloitte & Touche LLP as the company’s independent registered public accounting firm. No other matters were submitted for stockholder action at the meeting.
KLX Energy Services Holdings, Inc. furnished an investor presentation outlining recent performance and near-term expectations. For Q4 2025, the company reported revenue of $157 million, down sequentially due to normal seasonality, and Adjusted EBITDA of $23 million, with a 14% Adjusted EBITDA margin.
The presentation highlights last-twelve-month revenue of $637 million, last-twelve-month Adjusted EBITDA of $76 million, and a last-twelve-month net loss of $77 million. KLX ended Q4 2025 with total debt of $258 million, Net Debt of $253 million, liquidity of $56 million, and cash of $6 million. Q1 2026 revenue guidance is $145–$150 million.
KLX Energy Services Holdings, Inc. is asking stockholders to vote at its virtual 2026 Annual Meeting on May 6, 2026 on a broad slate of governance and compensation items. Holders of 19,668,752 common shares as of March 17, 2026 are entitled to one vote per share.
Key proposals include declassifying the Board over three annual meetings, electing two Class II directors, advisory approval of executive pay, and eliminating supermajority requirements to amend the bylaws and charter. Stockholders will also vote on ratifying the independent auditor. In 2025 the company generated revenues of $636.6 million, a net loss of $77.1 million, net loss per diluted share of $4.12 and adjusted EBITDA of $76.1 million, and responded to a 44.9% say-on-pay result with expanded disclosure, investor outreach and a stock ownership policy for executives and directors.
KLX Energy Services Holdings, Inc. is soliciting proxies for its virtual 2026 Annual Meeting of Stockholders to be held on Wednesday, May 6, 2026 at 9:00 a.m. Central Daylight Time. Stockholders of record as of March 17, 2026 may vote.
The Board asks holders to vote on: (1) an amendment to declassify the Board (66 2/3% voting power required), (2) election of two Class II director nominees, (3) an advisory say-on-pay vote, (4–5) amendments to eliminate supermajority voting requirements to amend bylaws and charter, and (6) ratification of the independent auditor.
Summary 2025 financials: Revenues were $636.6 million; operating loss was $(30.3) million; net loss was $(77.1) million (net loss per diluted share $(4.12)); cash flow from operations was $7.5 million; and Adjusted EBITDA was $76.1 million. The Proxy Materials, 2025 Annual Report and proxy card are available online.