KLX Energy Services Holdings, Inc. (KLXE) Financial Statements (2026 and earlier)
Company Profile
| Business Address |
3040 POST OAK BOULEVARD HOUSTON, TX 77056 |
| State of Incorp. | |
| Fiscal Year End | December 31 |
| Industry (SIC) | 1389 - Oil and Gas Field Services, Not Elsewhere Classified (benchmarking) |
| More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) ($ in thousands)
| 9/30/2025 MRQ | 12/31/2024 | 12/31/2023 | 12/31/2022 | 1/31/2021 | 1/31/2020 | 1/31/2019 | |||
|---|---|---|---|---|---|---|---|---|---|
| ASSETS | |||||||||
| Current Assets | |||||||||
| Cash, cash equivalents, and short-term investments | 91,600 | 112,500 | 57,400 | 47,100 | 123,500 | 163,800 | |||
| Cash and cash equivalent | 91,600 | 112,500 | 57,400 | 47,100 | 123,500 | 163,800 | |||
| Restricted cash and investments | |||||||||
| Receivables | 96,900 | 127,000 | 154,300 | 67,000 | 79,200 | 119,600 | |||
| Inventory, net of allowances, customer advances and progress billings | 31,000 | 33,500 | 25,700 | 20,800 | 12,000 | 15,400 | |||
| Inventory | 31,000 | 33,500 | 25,700 | 20,800 | 12,000 | 15,400 | |||
| Asset, held-for-sale, not part of disposal group | 2,300 | 2,300 | 4,900 | ||||||
| Other current assets | 15,800 | 13,800 | 9,500 | ||||||
| Other undisclosed current assets | 11,200 | 15,000 | 12,400 | ||||||
| Total current assets: | 233,000 | 290,300 | 254,700 | 150,700 | 228,500 | 308,300 | |||
| Noncurrent Assets | |||||||||
| Finance lease, right-of-use asset, after accumulated amortization | 38,900 | 59,900 | 29,400 | ✕ | |||||
| Operating lease, right-of-use asset | 19,600 | 22,300 | 37,400 | ✕ | |||||
| Property, plant, and equipment, after accumulated depreciation, depletion, and amortization | (461,100) | (382,200) | (320,800) | 203,700 | 306,800 | 271,900 | |||
| Intangible asset, including goodwill, after accumulated amortization | 1,500 | 1,800 | 2,100 | 2,500 | 74,100 | 73,500 | |||
| Goodwill | 28,300 | 43,200 | |||||||
| Intangible asset, excluding goodwill, after accumulated amortization | 1,500 | 1,800 | 2,100 | 2,500 | 45,800 | 30,300 | |||
| Other noncurrent assets | 5,100 | 4,800 | 3,600 | 5,800 | 14,000 | 19,100 | |||
| Other undisclosed noncurrent assets | 619,300 | 542,900 | 459,500 | ||||||
| Total noncurrent assets: | 223,300 | 249,500 | 211,200 | 212,000 | 394,900 | 364,500 | |||
| TOTAL ASSETS: | 456,300 | 539,800 | 465,900 | 362,700 | 623,400 | 672,800 | |||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Accounts payable and accrued liabilities | 115,700 | 130,600 | 125,200 | 75,800 | 64,800 | 85,200 | |||
| Interest and dividends payable | ✕ | ✕ | ✕ | ✕ | 7,200 | 7,200 | 7,200 | ||
| Accounts payable | 74,400 | 87,900 | 84,200 | 39,400 | 31,400 | 47,300 | |||
| Accrued liabilities | 41,300 | 42,700 | 41,000 | 29,200 | 26,200 | 30,700 | |||
| Debt | 14,900 | 22,000 | 10,200 | 1,900 | |||||
| Other undisclosed current liabilities | 9,500 | 11,500 | 19,000 | ||||||
| Total current liabilities: | 140,100 | 164,100 | 154,400 | 77,700 | 64,800 | 85,200 | |||
| Noncurrent Liabilities | |||||||||
| Long-term debt and lease obligation, including: | 311,500 | 320,500 | 303,700 | 248,300 | 243,000 | 242,200 | |||
| Long-term debt, excluding current maturities | 285,100 | 284,300 | 283,400 | 243,900 | 243,000 | 242,200 | |||
| Finance lease, liability | 26,400 | 36,200 | 20,300 | ✕ | |||||
| Other undisclosed long-term debt and lease obligation | 4,400 | ||||||||
| Liabilities, other than long-term debt | 15,200 | 16,400 | 23,600 | 4,600 | 3,400 | 4,700 | |||
| Other liabilities | 1,700 | 400 | 800 | 4,600 | 3,400 | 4,700 | |||
| Operating lease, liability | 13,500 | 16,000 | 22,800 | ✕ | |||||
| Total noncurrent liabilities: | 326,700 | 336,900 | 327,300 | 252,900 | 246,400 | 246,900 | |||
| Total liabilities: | 466,800 | 501,000 | 481,700 | 330,600 | 311,200 | 332,100 | |||
| Equity | |||||||||
| Equity, attributable to parent | (10,500) | 38,800 | (15,800) | 32,100 | 312,200 | 340,700 | |||
| Common stock | 200 | 100 | 100 | 100 | 200 | 200 | |||
| Treasury stock, value | (5,800) | (5,300) | (4,600) | (4,000) | (3,600) | ||||
| Additional paid in capital | 557,500 | 553,400 | 517,300 | 469,100 | 416,500 | 345,000 | |||
| Accumulated deficit | (562,400) | (509,400) | (528,600) | (433,100) | (100,900) | (4,500) | |||
| Total equity: | (10,500) | 38,800 | (15,800) | 32,100 | 312,200 | 340,700 | |||
| TOTAL LIABILITIES AND EQUITY: | 456,300 | 539,800 | 465,900 | 362,700 | 623,400 | 672,800 | |||
Income Statement (P&L) ($ in thousands)
| 9/30/2025 TTM | 12/31/2024 | 12/31/2023 | 12/31/2022 | 1/31/2021 | 1/31/2020 | 1/31/2019 | ||
|---|---|---|---|---|---|---|---|---|
| Revenues | 709,300 | 888,400 | 781,600 | 276,800 | 544,000 | 495,300 | ||
| Cost of revenue (Cost of Product and Service Sold) | (549,700) | (672,500) | (621,300) | (314,800) | (470,000) | (370,400) | ||
| Gross profit: | 159,600 | 215,900 | 160,300 | (38,000) | 74,000 | 124,900 | ||
| Operating expenses | (81,100) | (88,100) | (71,000) | (303,400) | (102,700) | (102,800) | ||
| Other undisclosed operating income (loss) | (94,000) | (70,900) | (56,800) | 40,300 | (47,000) | |||
| Operating income (loss): | (15,500) | 56,900 | 32,500 | (301,100) | (75,700) | 22,100 | ||
| Nonoperating income (Investment Income, Nonoperating) | 2,500 | 1,800 | ||||||
| Interest and debt expense | (39,400) | (36,500) | (1,400) | (1,300) | (30,400) | (7,700) | ||
| Other undisclosed income (loss) from continuing operations before equity method investments, income taxes | (29,400) | 1,200 | 600 | |||||
| Income (loss) from continuing operations before equity method investments, income taxes: | (52,400) | 22,200 | 31,100 | (331,800) | (104,900) | 15,000 | ||
| Other undisclosed loss from continuing operations before income taxes | (33,600) | |||||||
| Income (loss) from continuing operations before income taxes: | (52,400) | 22,200 | (2,500) | (331,800) | (104,900) | 15,000 | ||
| Income tax expense (benefit) | (600) | (3,000) | (600) | (400) | 8,500 | (600) | ||
| Income (loss) from continuing operations: | (53,000) | 19,200 | (3,100) | (332,200) | (96,400) | 14,400 | ||
| Income (loss) before gain (loss) on sale of properties: | ✕ | ✕ | ✕ | ✕ | (332,200) | (96,400) | 14,400 | |
| Net income (loss) available to common stockholders, diluted: | (53,000) | 19,200 | (3,100) | (332,200) | (96,400) | 14,400 | ||
Comprehensive Income ($ in thousands)
| 9/30/2025 TTM | 12/31/2024 | 12/31/2023 | 12/31/2022 | 1/31/2021 | 1/31/2020 | 1/31/2019 | ||
|---|---|---|---|---|---|---|---|---|
| Net income (loss): | (53,000) | 19,200 | (3,100) | (332,200) | (96,400) | 14,400 | ||
| Comprehensive income (loss), net of tax, attributable to parent: | (53,000) | 19,200 | (3,100) | (332,200) | (96,400) | 14,400 | ||
Statements Sources
The financial statements are based on the Company's filings with the U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.