KLX Energy Services Holdings, Inc. Reports Third Quarter 2026 Financial Results

KLX Energy Services Holdings reported third-quarter 2026 revenue of $185.6 million, up 11% sequentially. Adjusted EBITDA rose to $24.9 million from $18.7 million in the prior quarter, with a 13.4% margin, while its net loss widened to $15.5 million from $8.4 million. A rights offering reduced total debt by approximately $100 million compared with the end of the second quarter. The company forecast fourth-quarter revenue of $172 million to $184 million.