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
Download Data
Historic Data
| Date | Value |
|---|---|
| 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 |