Keel Infrastructure (KEEL) Operating Expenses (2020 - 2026)
Keel Infrastructure (KEEL) posted quarterly Operating Expenses of $26.8 million for Q1 2026, down 79.75% quarter-over-quarter from $132.5 million in Q4 2025.
Keel Infrastructure (KEEL) Operating Expenses (2020 - 2026) Analysis & Trends
Keel Infrastructure (KEEL) has reported Operating Expenses for 7 consecutive years, with $26.8 million the latest figure, recorded in Q1 2026.
- In Q1 2026, Operating Expenses changed N/A year-over-year to $26.8 million; the TTM figure through Mar 2026 stood at $120.9 million (changed N/A YoY), while the FY2025 annual figure was $78.3 million, up 25.02% from the prior year.
- Operating Expenses retreated to $26.8 million in Q1 2026 per KEEL's latest filing, from $132.5 million in the prior quarter.
- Across five years, Operating Expenses topped out at $132.5 million in Q4 2025 and bottomed at -$25.3 million in Q3 2024.
- Historically, Operating Expenses has averaged $4.0 million across 5 years, with a median of -$8.8 million in 2023.
- Annual changes were most pronounced in 2023 — Operating Expenses tumbled 211.97% — and 2025, when it jumped 834.63%.
- Keel Infrastructure's Operating Expenses stood at $12.0 million in 2022, then sank by 211.97% to -$13.4 million in 2023, then tumbled by 34.59% to -$18.0 million in 2024, then surged by 834.63% to $132.5 million in 2025, then plunged by 79.75% to $26.8 million in 2026.
- Business Quant data shows KEEL's Operating Expenses at $26.8 million in Q1 2026, $132.5 million in Q4 2025, and -$17.0 million in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | International Business Machines | 222.17 Bn | 210.81 Bn | 9.91 Bn | 7.29 Bn |
| 2 | Accenture | 113.08 Bn | 102.91 Bn | 6.13 Bn | 15.54 Bn |
| 3 | Infosys | 48.61 Bn | 48.61 Bn | 1.60 Bn | 528.00 Mn |
| 4 | Cgi | 33.08 Bn | 32.62 Bn | - | 12.44 Mn |
| 5 | Cognizant Technology Solutions | 28.83 Bn | 27.78 Bn | 1.83 Bn | 812.00 Mn |
| 6 | Fidelity National Information Services | 21.35 Bn | 20.61 Bn | 1.17 Bn | 684.00 Mn |
| 7 | Broadridge Financial Solutions | 21.18 Bn | 20.78 Bn | 853.00 Mn | 1.67 Bn |
| 8 | Wipro | 19.66 Bn | 18.59 Bn | 738.00 Mn | 2.23 Bn |
| 9 | Leidos Holdings | 17.81 Bn | 17.07 Bn | 817.00 Mn | 310.00 Mn |
| 10 | Keel Infrastructure | 1.99 Bn | 1.99 Bn | -86.75 Mn | 31.31 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 31.31 Mn |
| Mar 31, 2026 | 26.84 Mn |
| Dec 31, 2025 | 132.54 Mn |
| Sep 30, 2025 | -17.04 Mn |
| Jun 30, 2025 | -21.40 Mn |
| Dec 31, 2024 | -18.04 Mn |
| Sep 30, 2024 | -25.31 Mn |
| Jun 30, 2024 | -11.91 Mn |
| Mar 31, 2024 | -13.17 Mn |
| Dec 31, 2023 | -13.41 Mn |
| Sep 30, 2023 | -8.37 Mn |
| Jun 30, 2023 | -9.16 Mn |
| Mar 31, 2023 | -8.36 Mn |
| Dec 31, 2022 | 11.97 Mn |
| Sep 30, 2022 | 10.30 Mn |
| Jun 30, 2022 | 15.39 Mn |
| Mar 31, 2022 | 13.84 Mn |
| Dec 31, 2021 | 18.93 Mn |
| Sep 30, 2021 | 10.88 Mn |
| Jun 30, 2021 | 15.53 Mn |