KLX Energy Services Holdings, Inc. (KLXE) reported second-quarter 2026 revenue of $167.3 million, up 15.6% from $144.7 million in the first quarter. The company posted a net loss of $8.4 million, compared with a net loss of $24.0 million in the prior quarter, and diluted loss per share was $0.41.
Adjusted EBITDA was $18.7 million, up from $11.1 million in the first quarter. KLX said it closed the Wolf Pack Rentals acquisition on June 2 and recorded a $6.5 million bargain purchase gain.
- Revenue: $167.3 million for the quarter ended June 30, 2026.
- Net loss: $8.4 million, with basic and diluted loss per share of $0.41.
- Liquidity: $53.3 million as of June 30, including $7.9 million of cash and cash equivalents.
- Segment revenue: Rocky Mountains $50.8 million, Southwest $64.5 million and Northeast/Mid-Con $52.0 million.
- Outlook: Third-quarter revenue expected in the range of $176 million to $188 million.
- Conference call: The company scheduled its second-quarter call for Aug. 11, 2026, with webcast access available here.
$KLXE Hedge Fund Activity
We have seen 27 institutional investors add shares of $KLXE stock to their portfolio, and 19 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- MARSHALL WACE, LLP added 372,897 shares (+inf%) to their portfolio in Q1 2026, for an estimated $969,532
- KESTRA ADVISORY SERVICES, LLC added 201,879 shares (+inf%) to their portfolio in Q2 2026, for an estimated $520,847
- WHITEBOX ADVISORS LLC removed 170,235 shares (-100.0%) from their portfolio in Q1 2026, for an estimated $442,611
- ROUND ROCK ADVISORS LLC added 139,614 shares (+inf%) to their portfolio in Q1 2026, for an estimated $362,996
- ADAGE CAPITAL PARTNERS GP, L.L.C. added 100,000 shares (+inf%) to their portfolio in Q1 2026, for an estimated $260,000
- GSA CAPITAL PARTNERS LLP added 69,547 shares (+inf%) to their portfolio in Q2 2026, for an estimated $179,431
- CITADEL ADVISORS LLC added 65,586 shares (+101.6%) to their portfolio in Q1 2026, for an estimated $170,523
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard. You can access data on hedge funds moves and 13F filings through the Quiver Quantitative API 13F endpoint.
