---
schema_version: "secwatch.filing_event.v1"
accession: "0001738827-23-000055"
form_type: "8-K"
ticker: "KLXE"
cik: "0001738827"
company_name: "KLX Energy Services Holdings, Inc."
filed_at: "2023-08-09T23:59:59+00:00"
generated_at: "2026-06-11T22:46:41.551539+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# KLX Energy Q2 2023 revenue $234M; adjusted EBITDA $39.7M, up 4% sequentially

## Summary
- Net income $11.4M ($0.71 diluted EPS); adjusted net income $13.1M ($0.81 adjusted diluted EPS).
- Adjusted EBITDA margin 17.0%, up 7% sequentially; cash $82.1M, up $42.5M QoQ.
- Total debt $283.8M; net debt $201.7M; LTM net leverage ratio 1.3x.
- ABL Facility amended, extended and upsized; Greene's Energy integration substantially complete.

## SEC filing metadata
- accession: 0001738827-23-000055
- form_type: 8-K
- ticker: KLXE
- cik: 0001738827
- company_name: KLX Energy Services Holdings, Inc.
- filed_at: 2023-08-09T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1738827/000173882723000055/0001738827-23-000055-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1738827/000173882723000055/klxe-20230809.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001738827-23-000055
- JSON: https://secwatch.observer/filing/0001738827-23-000055.json
- Plain text: https://secwatch.observer/filing/0001738827-23-000055.txt

## Key facts
- Earnings Releases
  KLX Energy Services Holdings, Inc. reported second quarter ended June 30, 2023 results: revenue $234.0 million, net income $11.4 million, EPS $0.71.
  - Period: second quarter ended June 30, 2023
  - Revenue: $234.0 million
  - Net income: $11.4 million
  - EPS: $0.71
  - Result: reported results
  source text: month impact post closing the acquisition of Greene’s Energy Group, LLC (“Greene’s”) on March 8, 2023. Second Quarter 2023 Financial and Operational Highlights • Revenue of $234.0 million • Net income of $11.4 million, net income margin of 4.9%, diluted earnings per share of $0.71 • Adjusted net income of $13.1 million and adjusted diluted earnings per share of
  evidence_url: https://www.sec.gov/Archives/edgar/data/1738827/000173882723000055/0001738827-23-000055-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.