KLX Energy Services Holdings, Inc. (KLXE) Income Statement
KLXE 2025 at a glance
Fiscal year ended December 31, 2025 · U.S. dollarsKLXE revenue and net income
Where KLXE's revenue goes
2025Each bar shows an amount and its share of revenue. KLXE kept −12.1% of revenue as net income.
KLXE profit margins
KLXE growth rates
to 2025| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Revenue | −10.2% | −6.6% | +18.1% | +9.7% |
| Gross profit | −39.2% | −27.2% | — | — |
| Operating income | — | — | — | — |
| Net income | — | — | — | — |
| EPS (diluted) | — | — | — | — |
1-year change and average annual growth (CAGR) over 3, 5 and 10 fiscal years. "—" when a starting value was zero or negative.
KLXE quarterly EPS vs estimates
KLX Energy Services beat the analyst EPS estimate in 3 of the last 8 quarters. Next report: November 4, 2026 (estimate $-0.35).
KLXE income statement
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $636.6M | $709.3M | $888.4M | $781.6M | $436.1M | $276.8M | $544.0M | $495.3M | $320.5M | $152.2M |
| Cost of revenue | $596.7M | $643.7M | $745.3M | $678.1M | $442.5M | $314.8M | $470.0M | $370.4M | $269.1M | $181.3M |
| Gross profit | $39.9M | $65.6M | $143.1M | $103.5M | −$6.4M | −$38.0M | $74.0M | $124.9M | $51.4M | −$29.1M |
| Research & development | $1.7M | $1.4M | $1.4M | $600,000 | $600,000 | $700,000 | $2.7M | $2.4M | $2.0M | $300,000 |
| Sales, general & admin | $68.5M | $79.6M | $86.7M | $70.4M | — | $88.8M | $100.0M | $100.4M | — | — |
| Total operating expenses | $70.2M | $81.0M | $88.1M | $71.0M | $54.7M | $89.5M | $102.7M | $102.8M | $75.4M | $60.4M |
| Operating income | −$30.3M | −$15.4M | $55.0M | $32.5M | −$61.1M | −$301.1M | −$28.7M | $22.1M | −$24.0M | −$89.5M |
| Interest income | $400,000 | $2.5M | $1.8M | $0 | — | — | — | — | — | — |
| Interest expense | $45.2M | $39.4M | $36.5M | $35.0M | $29.4M | $30.7M | $29.2M | $7.1M | — | — |
| Income before taxes | −$76.3M | −$52.4M | $22.2M | −$2.5M | −$93.5M | −$331.8M | −$104.9M | $15.0M | −$24.0M | −$89.5M |
| Income taxes | $800,000 | $600,000 | $3.0M | $600,000 | $300,000 | $400,000 | −$8.5M | $600,000 | $100,000 | $100,000 |
| Net income | −$77.1M | −$53.0M | $19.2M | −$3.1M | −$93.8M | −$332.2M | −$96.4M | $14.4M | −$24.1M | −$89.6M |
| EBITDA | $64.1M | $81.0M | $131.5M | $89.3M | −$10.2M | −$239.4M | −$11.6M | $63.6M | $9.5M | −$53.3M |
| EPS (diluted) | −$3.64 | −$2.84 | $1.25 | −$0.63 | −$72.06 | −$41.52 | −$15.00 | $4.37 | −$6.03 | — |
| Gross margin | 6.3% | 9.2% | 16.1% | 13.2% | −1.5% | −13.7% | 13.6% | 25.2% | 16.0% | −19.1% |
| Operating margin | −4.8% | −2.2% | 6.2% | 4.2% | −14.0% | −108.8% | −5.3% | 4.5% | −7.5% | −58.8% |
| Net margin | −12.1% | −7.5% | 2.2% | −0.4% | −21.5% | −120.0% | −17.7% | 2.9% | −7.5% | −58.9% |
| Jun '26 | Mar '26 | Dec '25 | Sep '25 | Jun '25 | Mar '25 | Dec '24 | Sep '24 | Jun '24 | Mar '24 | Dec '23 | Sep '23 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $167.3M | $144.7M | $156.9M | $166.7M | $159.0M | $154.0M | $165.5M | $188.9M | $180.2M | $174.7M | $194.2M | $220.6M |
| Cost of revenue | $130.9M | $141.0M | $145.2M | $153.7M | $149.3M | $148.5M | $152.5M | $142.3M | $136.0M | $144.0M | $152.1M | $166.2M |
| Gross profit | $36.4M | $3.7M | $11.7M | $13.0M | $9.7M | $5.5M | $13.0M | $46.6M | $44.2M | $30.7M | $42.1M | $54.4M |
| Research & development | $500,000 | $400,000 | $500,000 | $400,000 | $400,000 | $400,000 | $400,000 | $400,000 | $300,000 | $300,000 | $400,000 | $400,000 |
| Sales, general & admin | $19.0M | $15.4M | $13.3M | $15.6M | $18.0M | $21.6M | $17.5M | $21.2M | $19.3M | $21.6M | $19.9M | $18.6M |
| Total operating expenses | $34.3M | $15.8M | $13.8M | $16.0M | $18.4M | $22.0M | $17.9M | $45.5M | $42.8M | $43.8M | $40.1M | $38.0M |
| Operating income | $2.1M | −$12.1M | −$2.1M | −$3.0M | −$8.7M | −$16.5M | −$4.9M | $1.1M | $1.4M | −$13.1M | $2.0M | $16.4M |
| Interest income | $0 | $0 | $100,000 | $0 | $0 | $300,000 | $500,000 | $700,000 | $600,000 | $700,000 | $900,000 | $700,000 |
| Interest expense | $12.5M | $11.7M | $12.8M | $11.1M | $11.0M | $10.3M | $10.2M | $9.8M | $9.8M | $9.6M | $9.3M | $9.2M |
| Income before taxes | −$10.1M | −$23.8M | −$14.8M | −$14.1M | −$19.7M | −$27.7M | −$14.6M | −$8.0M | −$7.8M | −$22.0M | −$6.4M | $7.9M |
| Income taxes | −$1.7M | $200,000 | $200,000 | $200,000 | $200,000 | $200,000 | — | $200,000 | $200,000 | $200,000 | $2.8M | $300,000 |
| Net income | −$8.4M | −$24.0M | −$15.0M | −$14.3M | −$19.9M | −$27.9M | −$14.6M | −$8.2M | −$8.0M | −$22.2M | −$9.2M | $7.6M |
| EBITDA | $23.2M | $9.8M | $21.6M | $20.2M | $15.0M | $7.3M | $20.7M | $25.7M | $25.1M | $9.5M | $22.7M | $36.0M |
| EPS (diluted) | −$0.64 | −$1.23 | −$0.76 | −$0.73 | −$0.88 | −$1.27 | −$0.80 | −$0.40 | −$0.40 | −$1.24 | −$0.58 | $0.47 |
| Gross margin | 21.8% | 2.6% | 7.5% | 7.8% | 6.1% | 3.6% | 7.9% | 24.7% | 24.5% | 17.6% | 21.7% | 24.7% |
| Operating margin | 1.3% | −8.4% | −1.3% | −1.8% | −5.5% | −10.7% | −3.0% | 0.6% | 0.8% | −7.5% | 1.0% | 7.4% |
| Net margin | −5.0% | −16.6% | −9.6% | −8.6% | −12.5% | −18.1% | −8.8% | −4.3% | −4.4% | −12.7% | −4.7% | 3.4% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported in KLXE's financial statements (latest annual report filed March 12, 2026); data from EODHD. Sales, general & administrative expenses include sales and marketing.
KLXE financial results
In fiscal year 2025 (ended December 31, 2025), KLX Energy Services reported revenue of $636.6 million, down 10.2% from the year before. It had a net loss of $77.1 million, a net profit margin of −12.1%. Diluted earnings per share came to −$3.64. Over five years revenue grew at an average rate of 18.1% a year.
See the KLXE stock overview for the latest quote and news, or the KLXE chart for price history and technical indicators.
KLXE income statement FAQ
What is KLX Energy Services's annual revenue?
KLX Energy Services reported total revenue of $636.6 million for fiscal year 2025, which ended on December 31, 2025. That was down 10.2% from $709.3 million the previous year.
Is KLX Energy Services profitable?
No. KLX Energy Services reported a net loss of $77.1 million in fiscal 2025, a net profit margin of −12.1%; its operating margin was −4.8%.
What is KLX Energy Services's gross margin?
KLX Energy Services's gross margin was 6.3% in fiscal 2025: for every $100 of revenue, KLX Energy Services kept $6 after the direct cost of its products and services.
How much does KLX Energy Services spend on research and development?
KLX Energy Services spent $1.7 million on research and development in fiscal 2025, 0.3% of revenue.
How fast is KLX Energy Services growing?
Revenue grew 18.1% a year on average over the last five fiscal years, from $276.8 million to $636.6 million.
What are KLX Energy Services's earnings per share?
KLX Energy Services earned $-3.64 per diluted share in fiscal 2025, compared with $-2.84 a year earlier.
When will KLX Energy Services report its next earnings?
KLX Energy Services is expected to report results for the quarter ending September 30, 2026 on November 4, 2026 after the market closes.
When does KLX Energy Services's fiscal year end?
KLX Energy Services's fiscal year ends in December. The latest annual report covers the year ended December 31, 2025 and was filed on March 12, 2026.