KLX Energy Q1 FY26 net loss narrows to USD 24 million; revenue falls 6% to USD 144.7 million

• KLX Energy Services posted a net loss of USD 24 million for the quarter ended March 31, 2026, narrowing from the prior-year period on lower operating costs.
• Revenue fell 6% to USD 144.7 million versus the prior-year period, with declines in Rocky Mountains and Southwest offset by a gain in Northeast/Mid-Con.
• Operating loss narrowed to USD 12.1 million, helped by lower Corporate and other operating costs.
• Liquidity included USD 5.6 million of cash at quarter-end, with USD 42.1 million of available capacity under the 2028 ABL Facility.
• Capital spending totaled USD 8.7 million, with USD 3.4 million of proceeds from asset sales; full-year 2026 capital expenditures expected at about USD 40 million.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. KLX Energy Services Holdings Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001738827-26-000021), on May 13, 2026, and is solely responsible for the information contained therein.