Keel Infrastructure (KEEL) Gross Margin (2020 - 2026)
Keel Infrastructure's (KEEL) quarterly Gross Margin came in at 285.09% in Q2 2026, down 27871.0% year-over-year from N/an in Q2 2025, and down 300.91% quarter-over-quarter from 71.11% in Q1 2026.
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Keel Infrastructure (KEEL) Gross Margin (2020 - 2026) Analysis & Trends
Keel Infrastructure (KEEL) has reported Gross Margin for 7 consecutive years, with 285.09% the latest figure, recorded in Q2 2026.
- On a quarterly basis, Gross Margin fell 27871.0% year-over-year to 285.09% in Q2 2026; TTM through Jun 2026 was 71.9%, a 7747.0% decrease from a year earlier, with the FY2025 full-year figure at 8.25%, up 369.0% from the prior year.
- Gross Margin was 285.09% for Q2 2026 at Keel Infrastructure, down from 71.11% in the prior quarter.
- Over five years, Gross Margin peaked at 74.74% in Q1 2022 and troughed at 285.09% in Q2 2026.
- A 5-year average of 18.84% and a median of 11.85% in 2022 frame the typical range for Gross Margin.
- Across the five-year window, Gross Margin soared 2363 bps in 2023 and slumped 27871 bps in 2026, its largest moves.
- Over 5 years, Gross Margin stood at 31.42% in 2022, then soared by 75 bps to 55.05% in 2023, then slipped by 17 bps to 45.91% in 2024, then slumped by 207 bps to 49.16% in 2025, then tumbled by 480 bps to 285.09% in 2026.
- The last three Gross Margin figures came in at 285.09% (Q2 2026), 71.11% (Q1 2026), and 49.16% (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Bitmine Immersion Technologies | 53.94 Bn | 53.60 Bn | 40.81 Mn | 87.70% |
| 2 | Iren | 13.79 Bn | 6.23 Bn | 103.89 Mn | 75.71% |
| 3 | Hut 8 | 10.74 Bn | 3.95 Bn | 48.04 Mn | 64.11% |
| 4 | Hyperscale Data | 9.08 Bn | 9.01 Bn | 8.80 Mn | 25.24% |
| 5 | Riot Platforms | 7.29 Bn | 6.74 Bn | 84.97 Mn | 48.77% |
| 6 | Argo Blockchain | 6.33 Bn | 6.33 Bn | - | - |
| 7 | MARA Holdings | 4.36 Bn | 3.92 Bn | - | - |
| 8 | Cleanspark | 3.44 Bn | 3.23 Bn | - | - |
| 9 | Bitdeer Technologies | 2.36 Bn | 1.90 Bn | -8.53 Mn | -3.73% |
| 10 | Keel Infrastructure | 2.09 Bn | 2.09 Bn | -86.75 Mn | -285.09% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -285.09% |
| Mar 31, 2026 | -71.11% |
| Dec 31, 2025 | -49.16% |
| Sep 30, 2025 | -4.16% |
| Jun 30, 2025 | -6.38% |
| Dec 31, 2024 | 45.91% |
| Sep 30, 2024 | -7.39% |
| Jun 30, 2024 | -23.01% |
| Mar 31, 2024 | -21.47% |
| Dec 31, 2023 | 55.05% |
| Sep 30, 2023 | -25.63% |
| Jun 30, 2023 | -17.02% |
| Mar 31, 2023 | -27.80% |
| Dec 31, 2022 | 31.42% |
| Sep 30, 2022 | -11.85% |
| Jun 30, 2022 | 22.73% |
| Mar 31, 2022 | 74.74% |
| Dec 31, 2021 | 82.31% |
| Sep 30, 2021 | 65.81% |
| Jun 30, 2021 | 63.66% |