Keel Infrastructure (KEEL) Operating Expenses (2020 - 2026)
Keel Infrastructure's (KEEL) quarterly Operating Expenses came in at $26.8 million in Q1 2026, down 79.75% on a QoQ basis from $132.5 million in Q4 2025.
Keel Infrastructure (KEEL) Operating Expenses (2020 - 2026) Analysis & Trends
Keel Infrastructure (KEEL) has 7 years of Operating Expenses data on file, last reported at $26.8 million in Q1 2026.
- On a quarterly basis, Operating Expenses changed N/A year-over-year to $26.8 million in Q1 2026; TTM through Mar 2026 was $120.9 million, a N/A change from a year earlier, with the FY2025 full-year figure at $78.3 million, up 25.02% from the prior year.
- Operating Expenses for Q1 2026 stood at $26.8 million, down from $132.5 million in the prior quarter.
- Over the last five years, Operating Expenses for KEEL reached as high as $132.5 million in Q4 2025 and fell as low as -$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.
- Across the five-year window, Operating Expenses sank 211.97% in 2023 and surged 834.63% in 2025, its largest moves.
- Year by year, 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 jumped by 834.63% to $132.5 million in 2025, then plunged by 79.75% to $26.8 million in 2026.
- Per Business Quant data, the three most recent Operating Expenses figures were $26.8 million in Q1 2026, $132.5 million in Q4 2025, and -$17.0 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | International Business Machines | 193.88 Bn | 178.95 Bn | 9.91 Bn | 7.29 Bn |
| 2 | Accenture | 84.94 Bn | 75.26 Bn | 6.13 Bn | 15.54 Bn |
| 3 | GDS Holdings | 50.55 Bn | 48.40 Bn | 164.04 Mn | -27.00 Mn |
| 4 | Infosys | 44.05 Bn | 44.79 Bn | 1.60 Bn | 528.00 Mn |
| 5 | Cgi | 41.25 Bn | 40.60 Bn | - | 29.83 Mn |
| 6 | Fidelity National Information Services | 20.63 Bn | 19.87 Bn | 1.11 Bn | 605.00 Mn |
| 7 | Cognizant Technology Solutions | 20.39 Bn | 18.87 Bn | 1.78 Bn | 791.00 Mn |
| 8 | Wipro | 18.65 Bn | 17.52 Bn | 738.00 Mn | 2.23 Bn |
| 9 | Broadridge Financial Solutions | 16.79 Bn | 16.48 Bn | 626.90 Mn | 1.59 Bn |
| 10 | Keel Infrastructure | 2.90 Bn | 2.53 Bn | -26.31 Mn | 26.84 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |
| Mar 31, 2021 | 2.82 Mn |