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

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

Historic Data

Download Data
DateValue
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