Klx Energy Services Holdings ( (KLXE) ) has released its Q3 earnings. Here is a breakdown of the information Klx Energy Services Holdings presented to its investors.
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KLX Energy Services Holdings, Inc. is a growth-oriented provider of diversified oilfield services, focusing on drilling, completion, production, and intervention activities across major U.S. basins.
In its third-quarter 2025 earnings report, KLX Energy Services Holdings, Inc. announced a revenue increase to $167 million, marking a 5% rise from the previous quarter, despite facing market challenges such as commodity price volatility and reduced oilfield services demand.
Key financial highlights include an adjusted EBITDA of $21 million, a 14% increase from the second quarter, and a total liquidity of $65 million. The Northeast/Mid-Con segment showed significant improvement with a 29% revenue increase, contributing to the company’s overall performance. However, the company reported a net loss of $14 million, with a diluted loss per share of $0.74.
Looking ahead, KLX anticipates a slight moderation in activity in the fourth quarter due to typical seasonality and customer budget exhaustion. The company expects a mid-single-digit revenue decline but aims to maintain stable adjusted EBITDA margins through new project awards and ongoing cost discipline.