Filing Flows › KLX Energy Services Holdings (KLXE) › Q2 2025
KLX Energy Services Holdings (KLXE) Q2 2025 earnings results (second quarter 2025)
10-Q filed Aug 7, 2025
KLX Energy Services Holdings (KLXE) reported revenue of $159M for the second quarter 2025 (Q2 2025), -12% from a year earlier and +3% from the quarter before. Operating margin was -5.5%, net loss $19.9M (12.5% of revenue).
KLX Energy Services Holdings, Q2 2025: revenue $159M (-12% year over year), operating margin -5.5%, net loss $19.9M, operating cash flow $19.1M. The chart follows the revenue to costs, profit and cash.
| Q2 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $159M | +3% | -12% |
| Operating profit | −$8.7M | — | — |
| Net earnings | −$19.9M | — | — |
| Operating cash flow | $19.1M | — | -14% |
| Free cash flow | $6.4M | — | -7% |
What changed
Revenue was $159.0M in Q2 2025, down 12% year over year and up 3% from the previous quarter. Completion was the largest line at 56% of revenue. Drilling lost $12.2M year over year (down 32%), 58% of the total change.
Operating costs exceeded revenue by $8.7M, an operating margin of -5.5%. Total costs fell 6% while revenue fell 12%. The fastest-growing cost line was Research & development (+33%). The quarter ended with a net loss of $19.9M, narrower than the previous quarter's $27.9M loss. Net interest and other expense of $11.0M was the main reason.
Operating cash flow was $19.1M (down 14% year over year). Non-cash charges added back $23.7M of depreciation and amortization and $600K of share-based compensation. Working capital and other items added $14.7M. Capital expenditures of $12.7M left free cash flow of $6.4M.
Questions
What was KLX Energy Services Holdings' revenue in the second quarter 2025?
KLX Energy Services Holdings (KLXE) reported revenue of $159M for the second quarter 2025 (Q2 2025), -12% from a year earlier and +3% from the quarter before.
Was KLX Energy Services Holdings profitable in the second quarter 2025?
Operating loss was $8.7M (-5.5% of revenue) and net loss $19.9M.