KLX Energy Services Holdings, Inc. (KLXER) Financial Statements — Income, Balance Sheet, Cash Flow

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Financial Statements — KLXER

Balance Sheet

(in millions USD)

Metric	Q2 2026	Q1 2026	Q3 2025	Q2 2025	Q1 2025	Q3 2024	Q2 2024	Q1 2024	Q3 2023	Q2 2023	Q1 2023	Q3 2022	Q2 2022	Q1 2022	Q3 2021	Q2 2021	Q1 2021
Cash & Equivalents	7.90	5.60	8.30	16.70	14.60	82.70	86.90	84.90	90.40	82.10	39.60	41.40	31.50	19.40	40.80	39.40	37.90
Accounts Receivable	121.90	107.30	110.60	106.00	102.70	124.80	118.10	120.50	155.70	161.80	193.20	142.80	123.30	107.00	102.90	79.10	70.20
Inventory	32.00	31.90	32.70	32.00	31.80	32.70	32.30	33.30	33.40	31.00	27.20	25.90	26.00	24.30	22.70	22.60	21.00
Total Current Assets	178.90	154.10	164.20	172.70	167.90	254.80	251.30	253.60	287.40	288.50	277.20	225.00	198.60	162.10	178.00	151.30	140.70
Property, Plant & Equipment	164.80	149.00	167.90	171.10	184.20	207.10	215.30	217.20	201.70	199.00	197.50	166.30	167.20	168.40	169.70	175.90	188.50
Intangible Assets	0.90	1.00	1.20	1.30	1.30	1.50	1.60	1.70	1.90	2.00	2.00	2.00	2.10	2.10	2.30	2.30	2.40
Total Non-current Assets*	193.00	177.40	194.00	196.80	211.20	232.00	239.90	243.90	236.90	238.00	238.70	215.10	216.80	217.40	176.80	183.30	196.30
Total Assets	371.90	331.50	358.20	369.50	379.10	486.80	491.20	497.50	524.30	526.50	515.90	440.10	415.40	379.50	354.80	334.60	337.00
Accounts Payable	77.30	69.70	71.20	69.70	58.20	78.50	80.10	74.50	78.50	96.80	93.70	84.60	85.70	71.90	64.10	43.40	46.80
Short-term Debt	12.30	0.50	2.90	4.90	0.60	2.70	--	--	--	--	--	--	--	--	--	--	--
Total Current Liabilities	151.60	123.00	137.20	139.10	111.30	205.10	151.70	147.30	152.90	162.60	160.70	156.50	143.90	131.10	111.30	80.90	88.90
Long-term Debt	288.90	275.80	259.20	258.70	261.00	285.20	284.90	284.60	284.10	283.80	283.60	295.60	295.40	275.10	280.90	277.80	244.10
Total Non-current Liabilities*	322.70	304.60	282.20	277.60	294.40	279.20	329.70	333.30	323.60	324.20	327.70	339.50	340.80	315.60	284.80	281.90	252.30
Total Liabilities*	474.30	427.60	419.40	416.70	405.70	484.30	481.40	480.60	476.50	486.80	488.40	496.00	484.70	446.70	396.10	362.80	341.20
Retained Earnings	(671.90)	(663.50)	(624.50)	(610.20)	(590.30)	(547.80)	(539.60)	(531.60)	(500.20)	(507.80)	(519.20)	(541.60)	(552.70)	(545.20)	(513.70)	(494.90)	(469.90)
Total Stockholder Equity	(102.40)	(96.10)	(61.20)	(47.20)	(26.60)	2.50	9.80	16.90	47.80	39.70	27.50	(55.90)	(69.30)	(67.20)	(41.30)	(28.20)	(4.20)

* Derived from reported values

Income Statement

(in millions USD) (except per-share rows)

Metric	Q2 2026	Q1 2026	Q4 2025	Q3 2025	Q2 2025	Q1 2025	Q4 2024	Q3 2024	Q2 2024	Q1 2024	Q4 2023	Q3 2023	Q2 2023	Q1 2023	Q4 2022	Q3 2022	Q2 2022	Q1 2022	Q3 2021	Q2 2021
Total Revenue	167.30	144.70	156.90	166.70	159.00	154.00	165.50	188.90	180.20	174.70	194.20	220.60	234.00	239.60	223.30	221.60	184.40	152.30	139.00	111.90
Cost of Revenue	130.90	119.10	121.60	130.50	125.60	123.80	127.40	142.30	136.00	144.00	152.10	166.20	173.30	180.90	166.60	168.80	150.90	135.00	120.70	99.20
Gross Profit	36.40	25.60	35.30	36.20	33.40	30.20	38.10	46.60	74.90	30.70	42.10	54.40	60.70	58.70	56.70	52.80	33.50	17.30	18.30	12.70
Research & Development	0.50	0.40	0.50	0.40	0.40	0.40	0.40	0.40	0.30	0.30	0.40	0.40	0.30	0.30	0.20	0.20	0.10	0.10	0.20	0.10
Selling, General & Admin	19.00	15.40	13.30	15.60	18.00	21.60	17.50	21.20	19.30	21.60	19.90	18.60	22.00	26.20	19.40	18.00	18.00	15.00	14.80	14.30
Total Operating Expenses	34.30	37.70	36.20	39.20	42.10	47.90	43.00	45.50	86.60	43.80	40.10	38.00	41.10	39.80	34.50	32.40	32.10	28.80	28.70	29.60
Operating Income	2.10	(12.10)	(0.90)	(3.00)	(8.70)	(17.70)	(4.90)	1.10	1.40	(13.10)	2.00	16.40	19.60	18.90	22.20	20.40	1.40	(11.50)	(10.40)	(16.90)
Interest Expense	12.50	--	--	11.10	11.00	10.30	--	--	--	9.60	9.30	9.20	--	--	--	--	--	--	--	--
Pretax Income	(10.10)	(23.80)	(14.80)	(14.10)	(19.70)	(27.70)	(14.60)	(8.00)	(7.80)	(22.00)	(6.40)	7.90	11.10	9.60	13.20	11.40	(7.30)	(19.80)	(18.60)	(24.90)
Tax Provision	(1.70)	0.20	0.20	0.20	0.20	0.20	0.00	0.20	0.20	0.20	2.80	0.30	(0.30)	0.20	0.00	0.30	0.20	0.10	0.20	0.10
Net Income	(8.40)	(24.00)	(15.00)	(14.30)	(19.90)	(27.90)	(14.60)	(8.20)	(8.00)	(22.20)	(9.20)	7.60	11.40	9.40	13.20	11.10	(7.50)	(19.90)	(18.80)	(25.00)
Basic EPS	(0.41)	(1.23)	(0.72)	(0.74)	(1.04)	(1.62)	(0.89)	(0.51)	(0.49)	(1.38)	(0.61)	0.47	0.71	0.66	1.42	0.96	(0.67)	(1.98)	(2.19)	(2.98)
Diluted EPS	(0.41)	(1.23)	(0.72)	(0.74)	(1.04)	(1.62)	(0.89)	(0.51)	(0.49)	(1.38)	(0.61)	0.47	0.71	0.65	1.42	0.96	(0.67)	(1.98)	(2.19)	(2.98)

Cash Flow Statement

(in millions USD)

Metric	Q2 2026	Q1 2026	Q4 2025	Q3 2025	Q2 2025	Q1 2025	Q4 2024	Q3 2024	Q2 2024	Q1 2024	Q4 2023	Q3 2023	Q2 2023	Q1 2023	Q4 2022	Q3 2022	Q2 2022	Q1 2022	Q3 2021	Q2 2021
Operating Cash Flow	10.50	0.30	12.50	13.50	19.10	(37.60)	26.00	16.80	22.20	(10.80)	38.60	25.60	60.00	(8.60)	11.80	18.50	(8.40)	(6.20)	(5.80)	(26.10)
Capital Expenditures	8.60	8.70	9.40	12.00	12.70	15.00	15.30	21.00	15.30	13.50	12.80	17.80	16.20	10.30	9.50	12.50	7.80	5.80	1.80	3.50
Free Cash Flow*	1.90	(8.40)	3.10	1.50	6.40	(52.60)	10.70	(4.20)	6.90	(24.30)	25.80	7.80	43.80	(18.90)	2.30	6.00	(16.20)	(12.00)	(7.60)	(29.60)
Investing Cash Flow	(19.90)	(5.30)	(3.80)	(7.80)	(11.10)	(10.20)	(10.50)	(18.40)	(12.00)	(10.20)	(9.80)	(13.00)	(13.30)	(3.60)	(4.40)	(7.20)	(3.90)	(3.20)	3.30	(1.00)
Financing Cash Flow	11.70	4.90	(11.40)	(14.60)	(13.40)	(21.10)	(6.60)	(2.60)	(8.20)	(6.60)	(6.70)	(4.30)	(4.20)	(5.60)	8.60	(1.40)	24.40	0.80	3.90	28.60

* Derived from reported values