Keel Infrastructure (KEEL) Change in Inventory (2020 - 2025)
Keel Infrastructure's (KEEL) quarterly Change in Inventory came in at -$1.0 million in Q3 2025, up 89.54% year-over-year from -$553982.6 in Q3 2024, and up 66.0% quarter-over-quarter from -$3.1 million in Q2 2025.
Analysis
Keel Infrastructure (KEEL) Change in Inventory (2020 - 2025) Analysis & Trends
Keel Infrastructure (KEEL) has reported Change in Inventory for 6 consecutive years, with -$1.0 million the latest figure, recorded in Q3 2025.
- On a quarterly basis, Change in Inventory rose 89.54% year-over-year to -$1.0 million in Q3 2025; TTM through Sep 2025 was -$26.1 million, a 43.81% increase from a year earlier, with the FY2024 full-year figure at -$22.4 million, up 38.3% from the prior year.
- Change in Inventory was -$1.0 million for Q3 2025 at Keel Infrastructure, up from -$3.1 million in the prior quarter.
- Over five years, Change in Inventory peaked at $7.1 million in Q2 2023 and troughed at -$91.5 million in Q3 2022.
- A 5-year average of -$13.1 million and a median of -$3.5 million in 2021 frame the typical range for Change in Inventory.
- Across the five-year window, Change in Inventory soared 99.93% in 2023 and plunged 14877.61% in 2024, its largest moves.
- Over 5 years, Change in Inventory stood at -$3.9 million in 2021, then plunged by 484.08% to -$22.8 million in 2022, then tumbled by 58.32% to -$36.1 million in 2023, then soared by 66.86% to -$12.0 million in 2024, then jumped by 91.23% to -$1.0 million in 2025.
- The last three Change in Inventory figures came in at -$1.0 million (Q3 2025), -$3.1 million (Q2 2025), and -$12.0 million (Q4 2024), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Change in Inventory (Qtr) |
|---|---|---|---|---|---|
| 1 | Bitmine Immersion Technologies | 57.18 Bn | 56.84 Bn | 40.81 Mn | - |
| 2 | Iren | 33.35 Bn | 25.78 Bn | 103.89 Mn | - |
| 3 | Hut 8 | 12.15 Bn | 5.67 Bn | 48.04 Mn | - |
| 4 | Riot Platforms | 8.12 Bn | 7.57 Bn | 84.97 Mn | - |
| 5 | Argo Blockchain | 6.30 Bn | 6.30 Bn | - | - |
| 6 | MARA Holdings | 4.58 Bn | 4.22 Bn | - | - |
| 7 | Cleanspark | 3.51 Bn | 3.30 Bn | - | - |
| 8 | Bitdeer Technologies | 2.82 Bn | 2.36 Bn | -8.53 Mn | - |
| 9 | Keel Infrastructure | 2.20 Bn | 2.20 Bn | -86.75 Mn | - |
| 10 | HIVE Digital Technologies | 831.06 Mn | 592.03 Mn | -29.49 Mn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2025 | -1.05 Mn |
| Jun 30, 2025 | -3.09 Mn |
| Dec 31, 2024 | -11.97 Mn |
| Sep 30, 2024 | -10.04 Mn |
| Jun 30, 2024 | 1.91 Mn |
| Mar 31, 2024 | -2.28 Mn |
| Dec 31, 2023 | -36.12 Mn |
| Sep 30, 2023 | -67,000.00 |
| Jun 30, 2023 | 7.09 Mn |
| Mar 31, 2023 | -7.16 Mn |
| Dec 31, 2022 | -22.81 Mn |
| Sep 30, 2022 | -91.49 Mn |
| Dec 31, 2021 | -3.91 Mn |
| Sep 30, 2021 | -2.63 Mn |
| Sep 30, 2020 | -60,000.00 |