Keel Infrastructure (KEEL) Operating Margin (2020 - 2026)
Keel Infrastructure's (KEEL) quarterly Operating Margin came in at 462.62% in Q2 2026, down 48036.0% year-over-year from N/an in Q2 2025, and down 73.93% quarter-over-quarter from 265.97% in Q1 2026.
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Keel Infrastructure (KEEL) Operating Margin (2020 - 2026) Analysis & Trends
Keel Infrastructure (KEEL) has reported Operating Margin for 7 consecutive years, with 462.62% the latest figure, recorded in Q2 2026.
- On a quarterly basis, Operating Margin fell 48036.0% year-over-year to 462.62% in Q2 2026; TTM through Jun 2026 was 167.53%, a 13252.0% decrease from a year earlier, with the FY2025 full-year figure at 65.25%, down 4423.0% from the prior year.
- Operating Margin was 462.62% for Q2 2026 at Keel Infrastructure, down from 265.97% in the prior quarter.
- Over five years, Operating Margin peaked at 17.75% in Q2 2025 and troughed at 462.62% in Q2 2026.
- A 5-year average of 120.55% and a median of 68.55% in 2024 frame the typical range for Operating Margin.
- Across the five-year window, Operating Margin surged 34300 bps in 2023 and tumbled 48036 bps in 2026, its largest moves.
- Over 5 years, Operating Margin stood at 74.05% in 2022, then surged by 63 bps to 27.54% in 2023, then dropped by 6 bps to 29.17% in 2024, then slumped by 302 bps to 117.16% in 2025, then slumped by 295 bps to 462.62% in 2026.
- The last three Operating Margin figures came in at 462.62% (Q2 2026), 265.97% (Q1 2026), and 117.16% (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Bitmine Immersion Technologies | 53.94 Bn | 53.60 Bn | 40.81 Mn | -25.50% |
| 2 | Iren | 13.79 Bn | 6.23 Bn | 103.89 Mn | -452.09% |
| 3 | Hut 8 | 10.74 Bn | 3.95 Bn | 48.04 Mn | -275.36% |
| 4 | Hyperscale Data | 9.08 Bn | 9.01 Bn | 8.80 Mn | -66.34% |
| 5 | Riot Platforms | 7.29 Bn | 6.74 Bn | 84.97 Mn | -137.42% |
| 6 | Argo Blockchain | 6.33 Bn | 6.33 Bn | - | - |
| 7 | MARA Holdings | 4.36 Bn | 3.92 Bn | - | -297.96% |
| 8 | Cleanspark | 3.44 Bn | 3.23 Bn | - | - |
| 9 | Bitdeer Technologies | 2.36 Bn | 1.90 Bn | -8.53 Mn | -44.47% |
| 10 | Keel Infrastructure | 2.09 Bn | 2.09 Bn | -86.75 Mn | -462.62% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -462.62% |
| Mar 31, 2026 | -265.97% |
| Dec 31, 2025 | -117.16% |
| Sep 30, 2025 | -41.82% |
| Jun 30, 2025 | 17.75% |
| Dec 31, 2024 | -29.17% |
| Sep 30, 2024 | -114.32% |
| Jun 30, 2024 | -68.55% |
| Mar 31, 2024 | -0.20% |
| Dec 31, 2023 | -27.54% |
| Sep 30, 2023 | -53.87% |
| Jun 30, 2023 | -70.94% |
| Mar 31, 2023 | -49.91% |
| Dec 31, 2022 | -74.05% |
| Sep 30, 2022 | -294.11% |
| Jun 30, 2022 | -413.94% |
| Mar 31, 2022 | 17.04% |
| Dec 31, 2021 | 25.18% |
| Sep 30, 2021 | 76.14% |
| Jun 30, 2021 | -5.30% |