Keel Infrastructure KEEL
NASDAQ KEEL
$3.44 -0.27 (-7.28%)
As of: Sep 10, 2026 · 3:59 PM EDT

Keel Infrastructure (KEEL) Operating Income (2020 - 2026)

Keel Infrastructure's (KEEL) quarterly Operating Income came in at -$140.8 million in Q2 2026, down 1402.38% year-over-year from $10.8 million in Q2 2025, and down 43.08% quarter-over-quarter from -$98.4 million in Q1 2026.

Analysis

Keel Infrastructure (KEEL) Operating Income (2020 - 2026) Analysis & Trends

Keel Infrastructure (KEEL) has reported Operating Income for 7 consecutive years, with -$140.8 million the latest figure, recorded in Q2 2026.

  • On a quarterly basis, Operating Income fell 1402.38% year-over-year to -$140.8 million in Q2 2026; TTM through Jun 2026 was -$359.2 million, a 452.56% decrease from a year earlier, with the FY2025 full-year figure at -$149.6 million, down 434.02% from the prior year.
  • Operating Income was -$140.8 million for Q2 2026 at Keel Infrastructure, down from -$98.4 million in the prior quarter.
  • Over five years, Operating Income peaked at $10.8 million in Q2 2025 and troughed at -$173.1 million in Q2 2022.
  • A 5-year average of -$45.9 million and a median of -$25.2 million in 2023 frame the typical range for Operating Income.
  • Across the five-year window, Operating Income tumbled 8803.86% in 2022 and jumped 137.95% in 2025, its largest moves.
  • Over 5 years, Operating Income stood at -$20.0 million in 2022, then soared by 36.38% to -$12.7 million in 2023, then declined by 28.64% to -$16.4 million in 2024, then sank by 455.92% to -$91.1 million in 2025, then tumbled by 54.55% to -$140.8 million in 2026.
  • The last three Operating Income figures came in at -$140.8 million (Q2 2026), -$98.4 million (Q1 2026), and -$91.1 million (Q4 2025), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Op. Inc (Qtr)
1 Bitmine Immersion Technologies 53.94 Bn 53.60 Bn 40.81 Mn -11.87 Mn
2 Iren 13.79 Bn 6.23 Bn 103.89 Mn -620.38 Mn
3 Hut 8 10.74 Bn 3.95 Bn 48.04 Mn -206.33 Mn
4 Hyperscale Data 9.08 Bn 9.01 Bn 8.80 Mn -23.11 Mn
5 Riot Platforms 7.29 Bn 6.74 Bn 84.97 Mn -239.43 Mn
6 Argo Blockchain 6.33 Bn 6.33 Bn - -
7 MARA Holdings 4.36 Bn 3.92 Bn - -521.07 Mn
8 Cleanspark 3.44 Bn 3.23 Bn - -232.40 Mn
9 Bitdeer Technologies 2.36 Bn 1.90 Bn -8.53 Mn -101.73 Mn
10 Keel Infrastructure 2.09 Bn 2.09 Bn -86.75 Mn -140.77 Mn
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 -140.77 Mn
Mar 31, 2026 -98.39 Mn
Dec 31, 2025 -91.09 Mn
Sep 30, 2025 -28.96 Mn
Jun 30, 2025 10.81 Mn
Dec 31, 2024 -16.39 Mn
Sep 30, 2024 -30.95 Mn
Jun 30, 2024 -28.48 Mn
Mar 31, 2024 -102,000.00
Dec 31, 2023 -12.74 Mn
Sep 30, 2023 -18.64 Mn
Jun 30, 2023 -25.17 Mn
Mar 31, 2023 -15.00 Mn
Dec 31, 2022 -20.02 Mn
Sep 30, 2022 -97.78 Mn
Jun 30, 2022 -173.09 Mn
Mar 31, 2022 6.87 Mn
Dec 31, 2021 15.00 Mn
Sep 30, 2021 34.09 Mn
Jun 30, 2021 -1.94 Mn