Keel Infrastructure (KEEL) Share-based Compensation (2020 - 2026)
Keel Infrastructure's (KEEL) quarterly Share-based Compensation came in at -$15.6 million in Q2 2026, down 544.89% year-over-year from $3.5 million in Q2 2025, and down 153.54% quarter-over-quarter from $29.1 million in Q1 2026.
Analysis
Keel Infrastructure (KEEL) Share-based Compensation (2020 - 2026) Analysis & Trends
Keel Infrastructure (KEEL) has reported Share-based Compensation for 7 consecutive years, with -$15.6 million the latest figure, recorded in Q2 2026.
- On a quarterly basis, Share-based Compensation fell 544.89% year-over-year to -$15.6 million in Q2 2026; TTM through Jun 2026 was $20.7 million, a 57.69% increase from a year earlier, with the FY2025 full-year figure at $15.0 million, up 18.16% from the prior year.
- Share-based Compensation was -$15.6 million for Q2 2026 at Keel Infrastructure, down from $29.1 million in the prior quarter.
- Over five years, Share-based Compensation peaked at $29.1 million in Q1 2026 and troughed at -$15.6 million in Q2 2026.
- A 5-year average of $4.1 million and a median of $3.5 million in 2024 frame the typical range for Share-based Compensation.
- Across the five-year window, Share-based Compensation jumped 1353.57% in 2022 and slumped 544.89% in 2026, its largest moves.
- Over 5 years, Share-based Compensation stood at $4.0 million in 2022, then decreased by 1.39% to $3.9 million in 2023, then declined by 12.08% to $3.4 million in 2024, then rose by 27.11% to $4.4 million in 2025, then tumbled by 456.72% to -$15.6 million in 2026.
- The last three Share-based Compensation figures came in at -$15.6 million (Q2 2026), $29.1 million (Q1 2026), and $4.4 million (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Share-based Compensation (Qtr) |
|---|---|---|---|---|---|
| 1 | Bitmine Immersion Technologies | 53.94 Bn | 53.60 Bn | 40.81 Mn | 13.25 Mn |
| 2 | Iren | 13.79 Bn | 6.23 Bn | 103.89 Mn | - |
| 3 | Hut 8 | 10.74 Bn | 3.95 Bn | 48.04 Mn | 51.75 Mn |
| 4 | Hyperscale Data | 9.08 Bn | 9.01 Bn | 8.80 Mn | 491,000.00 |
| 5 | Riot Platforms | 7.29 Bn | 6.74 Bn | 84.97 Mn | 35.58 Mn |
| 6 | Argo Blockchain | 6.33 Bn | 6.33 Bn | - | - |
| 7 | MARA Holdings | 4.36 Bn | 3.92 Bn | - | 46.68 Mn |
| 8 | Cleanspark | 3.44 Bn | 3.23 Bn | - | 1.60 Mn |
| 9 | Bitdeer Technologies | 2.36 Bn | 1.90 Bn | -8.53 Mn | 5.63 Mn |
| 10 | Keel Infrastructure | 2.09 Bn | 2.09 Bn | -86.75 Mn | -15.57 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -15.57 Mn |
| Mar 31, 2026 | 29.08 Mn |
| Dec 31, 2025 | 4.37 Mn |
| Sep 30, 2025 | 2.85 Mn |
| Jun 30, 2025 | 3.50 Mn |
| Dec 31, 2024 | 3.43 Mn |
| Sep 30, 2024 | 4.48 Mn |
| Jun 30, 2024 | 1.73 Mn |
| Mar 31, 2024 | 3.04 Mn |
| Dec 31, 2023 | 3.91 Mn |
| Sep 30, 2023 | 2.01 Mn |
| Jun 30, 2023 | 2.46 Mn |
| Mar 31, 2023 | 2.54 Mn |
| Sep 30, 2022 | 3.96 Mn |
| Jun 30, 2022 | 7.93 Mn |
| Mar 31, 2022 | 6.11 Mn |
| Dec 31, 2021 | 10.04 Mn |
| Sep 30, 2021 | 5.79 Mn |
| Jun 30, 2021 | 6.34 Mn |
| Mar 31, 2021 | 420,000.00 |