| Metric | Value ($ M) | Q1 FY26 | Q2 FY25 |
|---|---|---|---|
| Revenue | 167.30 | 15.6% | 5.2% |
| Total Income | 167.30 | 15.6% | 5.2% |
| Expenditure | 165.20 | 5.4% | 1.5% |
| PBT | -10.10 | 57.6% | 48.7% |
| Net Profit | -8.40 | 65.0% | 57.8% |
| OPM | 1.25% | 9.62pp | 6.73pp |
| NPM | -5.02% | 11.56pp | 7.50pp |
| EPS | -0.41 | 66.7% | 60.6% |
KLX Energy Services Reports Q1 2026 Results
30 Jun 2026 · 30 Jun, 6:47 pm
Summary
KLX Energy Services reported Q1 2026 revenue of $145 million, a 6% decrease year-over-year. The company generated approximately $11 million in Adjusted EBITDA, resulting in an 8% Adjusted EBITDA margin. As of the end of the quarter, KLX Energy Services had $6 million in cash and $48 million in liquidity, with total debt at $276 million. Looking ahead to Q2 2026, the company guided for revenue between $162 million and $172 million and anticipates sequential expansion in Adjusted EBITDA margin driven by increased activity and improved overhead absorption.
Key Highlights
- 1
KLX Energy Services reported Q1 2026 revenue of $145 million, a decrease of 6% compared to the prior year's first quarter.
- 2
Adjusted EBITDA for Q1 2026 was approximately $11 million.
- 3
The company reported an Adjusted EBITDA margin of 8% for the first quarter of 2026.
- 4
Cash and liquidity stood at $6 million and $48 million, respectively, as of Q1 2026.
- 5
Total debt was reported at $276 million as of the end of Q1 2026.
- 6
The company provided Q2 2026 revenue guidance of $162 million to $172 million.
- 7
Management expects Adjusted EBITDA margin to expand sequentially in Q2 2026 due to higher activity and better overhead absorption.
Management Comments
John Horgan
KLX has a legacy of providing lasting results for the most challenging operations. By continually listening to our customers; investing in product innovation; and empowering our team of experts, KLX embodies its mantra of, “Next Level Readiness.”
Informational and educational content only. Not investment advice.