---
schema_version: "secwatch.filing_event.v1"
accession: "0001738827-24-000030"
form_type: "8-K"
ticker: "KLXE"
cik: "0001738827"
company_name: "KLX Energy Services Holdings, Inc."
filed_at: "2024-03-06T23:59:59+00:00"
generated_at: "2026-06-05T02:47:25.702767+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# KLX Energy reports record annual revenue $888M (+14% YoY), net income $19M (+719%)

## Summary
- Full-year 2023 revenue $888M (+14% YoY); net income $19M (+719%); diluted EPS $1.22
- Adjusted EBITDA $138M (+42% YoY); margin 16% vs 12% in 2022
- Cash $113M (+96% YoY); net debt $172M (reduced $54M); leverage 1.2x
- Q4 2023 revenue $194M; net loss $(9)M, diluted loss $(0.58); Adj EBITDA $23M, margin 12%
- Liquidity $154M including $113M cash and $42M ABL capacity; total debt $284M flat

## SEC filing metadata
- accession: 0001738827-24-000030
- form_type: 8-K
- ticker: KLXE
- cik: 0001738827
- company_name: KLX Energy Services Holdings, Inc.
- filed_at: 2024-03-06T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1738827/000173882724000030/0001738827-24-000030-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1738827/000173882724000030/klxe-20240306.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001738827-24-000030
- JSON: https://secwatch.observer/filing/0001738827-24-000030.json
- Plain text: https://secwatch.observer/filing/0001738827-24-000030.txt

## Key facts
- Earnings Releases
  KLX Energy Services Holdings, Inc. reported financial results for the fourth quarter ended December 31, 2023.
  - Period: the fourth quarter ended December 31, 2023
  - Result: reported results
  source text: issued a press release (the “Press Release”) to report its financial results for the fourth quarter ended December 31, 2023
  evidence_url: https://www.sec.gov/Archives/edgar/data/1738827/000173882724000030/0001738827-24-000030-index.htm

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