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KLX Energy Services Holdings (KLXE) Q4 2025 earnings results (fourth quarter 2025)

10-K filed Mar 12, 2026

KLX Energy Services Holdings (KLXE) reported revenue of $157M for the fourth quarter 2025 (Q4 2025), -5% from a year earlier and -6% from the quarter before. Operating margin was -1.3%, net loss $15.0M (9.6% of revenue).

Revenue$157M
Year over year-5%
Quarter over quarter-6%
Operating margin-1.3%
Net earnings−$15.0M

KLX Energy Services Holdings, Q4 2025: revenue $157M (-5% year over year), operating margin -1.3%, net loss $15.0M, operating cash flow $12.5M. The chart follows the revenue to costs, profit and cash.

Q4 2025AmountQ/QY/Y
Revenue$157M-6%-5%
Operating profit−$2.1M——
Net earnings−$15.0M——
Operating cash flow$12.5M-7%-52%
Free cash flow$3.1M+107%-71%

What changed

Revenue was $156.9M in Q4 2025, down 5% year over year and down 6% from the previous quarter. Completion was the largest line at 58% of revenue.

Operating costs exceeded revenue by $2.1M, an operating margin of -1.3%. Total costs fell 7% while revenue fell 5%. The fastest-growing cost line was Research & development (+25%). The quarter ended with a net loss of $15.0M, wider than the previous quarter's $14.3M loss. Net interest and other expense of $12.7M was the main reason.

Operating cash flow was $12.5M (down 52% year over year). Non-cash charges added back $23.6M of depreciation and amortization and $600K of share-based compensation. Working capital and other items added $3.3M. Capital expenditures of $9.4M left free cash flow of $3.1M.

Questions

What was KLX Energy Services Holdings' revenue in the fourth quarter 2025?

KLX Energy Services Holdings (KLXE) reported revenue of $157M for the fourth quarter 2025 (Q4 2025), -5% from a year earlier and -6% from the quarter before.

Was KLX Energy Services Holdings profitable in the fourth quarter 2025?

Operating loss was $2.1M (-1.3% of revenue) and net loss $15.0M.

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Source: KLX Energy Services Holdings 10-K on SEC EDGAR.