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Earnings Data
Report Date
Aug 12, 2026Before Open (Confirmed)
Period Ending
2026 (Q2)Consensus EPS Forecast
-0.82Last Year’s EPS
-0.88Same Quarter Last Year
Based on 0 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Positive
The call conveyed a cautiously optimistic outlook: near-term headwinds (seasonality, weather disruptions, Q1 net loss and modest negative free cash flow) weighed on results, but strong Northeast/Mid‑Con performance, meaningful SG&A reduction, per‑rig revenue improvement, and a constructive Q2 revenue guide (midpoint $167M) support a positive trajectory. Management expects sequential margin expansion in Q2 and a robust second half, and the balance sheet remains within covenants providing flexibility.Company Guidance
Q1 Revenue Within Guidance
First quarter revenue of $145.0M, within the company's estimated range (at the lower end); down ~6% year-over-year but outperformed the average U.S. rig count decline (12% decline).
Adjusted EBITDA and Margin in Line with Seasonality
Adjusted EBITDA of $11.1M with an adjusted EBITDA margin of 8%, consistent with the mid-to-high single-digit margins historically delivered in Q1 despite typical seasonal headwinds.
Northeast / Mid‑Con Segment Outperformance
Northeast/Mid-Con revenue of $52.5M, up 28% year-over-year; segment adjusted EBITDA of $10.9M, roughly 4x the prior year, with segment margin expanding to ~21% (from ~7% prior year). Dry gas revenue up approximately 45% year-over-year.
Improved Operational Productivity Metric
Revenue per average operating rig increased to $273k in Q1 2026 from $269k in Q1 2025 (favorable year-over-year), and management expects this metric to rise to ~$310k in Q2 depending on rig count.
SG&A Reductions and Corporate Cost Discipline
SG&A reduced to $15.4M in Q1, down ~29% year-over-year reflecting structural cost actions; corporate adjusted EBITDA loss improved ~11% year-over-year as G&A was rightsized.
Positive Q2 Guidance and Stronger Second‑Half Outlook
Q2 revenue guidance of $162M–$172M (midpoint $167M), ~5% higher than Q2 2025 and about $22M higher than Q1 2026; management expects sequential revenue and adjusted EBITDA margin expansion in Q2 and anticipates Q3 to be the strongest quarter based on operator commentary.
KLXE Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
KLXE Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
May 12, 2026 | $3.86 | $4.27 | +10.62% |
Mar 11, 2026 | $2.95 | $2.67 | -9.49% |
Nov 05, 2025 | $1.74 | $1.85 | +6.32% |
Aug 06, 2025 | $1.62 | $1.53 | -5.56% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does KLX Energy Services Holdings Inc (KLXE) report earnings?
KLX Energy Services Holdings Inc (KLXE) is schdueled to report earning on Aug 12, 2026, Before Open (Confirmed).
What is KLX Energy Services Holdings Inc (KLXE) earnings time?
KLX Energy Services Holdings Inc (KLXE) earnings time is at Aug 12, 2026, Before Open (Confirmed).
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is KLXE EPS forecast?
KLXE EPS forecast for the fiscal quarter 2026 (Q2) is -0.82.