---
schema_version: "secwatch.filing_event.v1"
accession: "0001738827-24-000048"
form_type: "8-K"
ticker: "KLXE"
cik: "0001738827"
company_name: "KLX Energy Services Holdings, Inc."
filed_at: "2024-05-07T23:59:59+00:00"
generated_at: "2026-06-02T19:19:08.346723+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# KLX Energy reports Q1 revenue $175M, net loss $22M, Adj EBITDA $12M

## Summary
- Net loss of $22M, diluted EPS loss of $(1.38).
- Revenue of $175M, net loss margin of (13)%.
- Adjusted EBITDA of $12M, margin 7%.
- Set new US coiled tubing depth record of 28,915 feet.
- Liquidity of $128M ($85M cash, $43M ABL facility availability).

## SEC filing metadata
- accession: 0001738827-24-000048
- form_type: 8-K
- ticker: KLXE
- cik: 0001738827
- company_name: KLX Energy Services Holdings, Inc.
- filed_at: 2024-05-07T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1738827/000173882724000048/0001738827-24-000048-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1738827/000173882724000048/klxe-20240507.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001738827-24-000048
- JSON: https://secwatch.observer/filing/0001738827-24-000048.json
- Plain text: https://secwatch.observer/filing/0001738827-24-000048.txt

## Key facts
- Earnings Releases
  KLX Energy Services Holdings, Inc. reported first quarter ended March 31, 2024 results: revenue $175 million, net income $(22) million, EPS $(1.38).
  - Period: first quarter ended March 31, 2024
  - Revenue: $175 million
  - Net income: $(22) million
  - EPS: $(1.38)
  - Result: reported results
  source text: today reported financial results for the first quarter ended March 31, 2024. First Quarter 2024 Financial Highlights • Revenue of $175 million • Net loss of $(22) million and diluted loss per share of $(1.38)
  evidence_url: https://www.sec.gov/Archives/edgar/data/1738827/000173882724000048/0001738827-24-000048-index.htm

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