On September 25, 2026, KLX Energy Services Holdings, Inc. (Nasdaq: KLXE) issued a press release providing an update on its third quarter 2026 financial outlook. The company announced that it has tightened its revenue guidance for the period ending September 30, 2026.
The updated guidance sets the estimated revenue range between $180 million and $185 million. According to the company, this represents a 9% sequential increase in revenue over the second quarter of 2026. The midpoint of this range is $182.5 million.
In addition to the revenue update, KLX provided guidance for its Adjusted EBITDA margin for the third quarter. The company expects the margin to fall between 13% and 14%. This represents an improvement of approximately 200 basis points compared to the second quarter of 2026. At the midpoint of the revenue range, the company expects Adjusted EBITDA to improve by approximately 30%.
Management attributes the improved performance to a full quarter of contribution from the Wolf Pack acquisition. The company also stated it remains on track to achieve its previously announced annual synergy target of $2.5 million.
The company plans to discuss its complete third quarter 2026 financial results during a call in November 2026. Closing procedures for the fiscal quarter ended September 30, 2026, are not yet complete.
