{"schema_version":"secwatch.filing_event.v1","accession":"0001738827-26-000019","form_type":"8-K","ticker":"KLXE","cik":"0001738827","company_name":"KLX Energy Services Holdings, Inc.","filed_at":"2026-05-12T20:07:54+00:00","discovered_at":"2026-05-12T20:09:01.315855+00:00","generated_at":"2026-05-12T21:24:23.615606+00:00","sec_items":["2.02","7.01","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.65,"calibrated_materiality_score":0.65,"confidence":"high","headline":"KLX Energy Services Q1 2026: Revenue $145M, net loss $(24)M, adj. EBITDA $11.1M","bullets":["Revenue of $145M for Q1 ended March 31, 2026.","Net loss of $(24)M and diluted loss per share of $(1.23).","Adjusted EBITDA of $11.1M, representing an 8% margin.","Total liquidity of $48M, comprising $6M cash and $42M ABL availability."],"urls":{"canonical":"https://secwatch.observer/filing/0001738827-26-000019","json":"https://secwatch.observer/filing/0001738827-26-000019.json","markdown":"https://secwatch.observer/filing/0001738827-26-000019.md","text":"https://secwatch.observer/filing/0001738827-26-000019.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1738827/000173882726000019/0001738827-26-000019-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1738827/000173882726000019/klxe-20260512.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-12T21:24:23.615606+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"6a06eda5c14a95dc9e02ce444dc5cc317e0fc2b3","claim":"KLX Energy Services Holdings, Inc. reported First quarter ended March 31, 2026 results: revenue $145 million, net income $(24) million, EPS $(1.23).","evidence_excerpt":"KLX Energy Services Holdings, Inc. (Nasdaq: KLXE) (“KLX”, the “Company”, “we”, “us” or “our”) today reported financial results for the first quarter ended March 31, 2026. First Quarter 2026 Financial and Operational Highlights • Revenue of $145 million • Net loss of $(24) million and diluted loss per share of $(1.23) • Adjusted EBITDA of $11.1 million • Net loss margin of (17)% • Adjusted EBITDA margin of 8% • Total liquidity of $48 million, consisting of approximately $6 million of cash and cash equivalents, and approximately $42 million of available borrowing capacity under the March 2026 asset-based revolving credit facility (the “ABL Facility”) borrowing base certificate, inclusive of the undrawn first-in-last-out (“FILO”) capacity","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1738827/000173882726000019/0001738827-26-000019-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"First quarter ended March 31, 2026"},{"label":"Revenue","value":"$145 million"},{"label":"Net income","value":"$(24) million"},{"label":"EPS","value":"$(1.23)"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}