KLX Energy Services Holdings (KLXE) Gross Margin (2017 - 2026)
KLX Energy Services Holdings (KLXE) posted Gross Margin of 17.69% for Q1 2026, down 21.36% sequentially from 22.5% in Q4 2025, and down 192.0% YoY from 19.23% in Q1 2025.
KLX Energy Services Holdings (KLXE) Gross Margin (2017 - 2026) Analysis & Trends
KLX Energy Services Holdings has reported Gross Margin for 10 years, with the latest figure at 17.69% in Q1 2026.
- Quarterly Gross Margin fell 192.0% year-over-year to 17.69% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 20.8% (down 230.0% YoY) and the FY2025 annual result came in at 21.22%, down 128.0% from the prior year.
- Gross Margin slipped to 17.69% in Q1 2026 per KLXE's latest filing, from 22.5% in the prior quarter.
- Over five years, Gross Margin peaked at 25.94% in Q2 2023 and troughed at 11.36% in Q1 2022.
- A 5-year average of 21.64% and a median of 22.5% in 2025 frame the typical range for Gross Margin.
- The sharpest annual moves came in 2023 and 2024: Gross Margin surged 1314 bps in 2023, then tumbled 693 bps in 2024.
- Over 5 years, Gross Margin stood at 25.39% in 2022, then decreased by 15 bps to 21.68% in 2023, then increased by 6 bps to 23.02% in 2024, then fell by 2 bps to 22.5% in 2025, then retreated by 21 bps to 17.69% in 2026.
- According to Business Quant data, Gross Margin over the past three periods registered 17.69%, 22.5%, and 21.72% for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Slb | 79.95 Bn | 75.87 Bn | 4.63 Bn | 51.63% |
| 2 | Baker Hughes | 62.26 Bn | 46.53 Bn | 1.58 Bn | 23.46% |
| 3 | Tenaris | 53.14 Bn | 44.12 Bn | 984.66 | - |
| 4 | TechnipFMC | 30.70 Bn | 29.46 Bn | 1.40 Bn | 50.62% |
| 5 | Halliburton | 29.75 Bn | 27.71 Bn | 2.10 Bn | 36.80% |
| 6 | Nov | 7.28 Bn | 6.12 Bn | 521.00 Mn | 24.41% |
| 7 | Weatherford International | 6.57 Bn | 5.43 Bn | 662.00 Mn | 59.91% |
| 8 | Kodiak Gas Services | 5.74 Bn | 5.61 Bn | 246.76 Mn | 63.09% |
| 9 | Archrock | 5.62 Bn | 5.62 Bn | 244.51 Mn | 65.86% |
| 10 | KLX Energy Services Holdings | 33.72 Mn | 25.82 Mn | 36.40 Mn | 21.76% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 21.76% |
| Mar 31, 2026 | 17.69% |
| Dec 31, 2025 | 22.50% |
| Sep 30, 2025 | 21.72% |
| Jun 30, 2025 | 21.01% |
| Mar 31, 2025 | 19.61% |
| Dec 31, 2024 | 23.02% |
| Sep 30, 2024 | 24.67% |
| Jun 30, 2024 | 24.53% |
| Mar 31, 2024 | 17.57% |
| Dec 31, 2023 | 21.68% |
| Sep 30, 2023 | 24.66% |
| Jun 30, 2023 | 25.94% |
| Mar 31, 2023 | 24.50% |
| Dec 31, 2022 | 25.39% |
| Sep 30, 2022 | 23.83% |
| Jun 30, 2022 | 18.17% |
| Mar 31, 2022 | 11.36% |
| Dec 31, 2021 | 13.77% |
| Oct 31, 2021 | 13.17% |