The financials
Keel Infrastructure Corp. by the numbers
Keel Infrastructure Corp. (KEEL) reported revenue of $30M in Q2 2026 (quarter ended June 30, 2026), down 36% from the same quarter a year earlier. That came with a gross margin of −285% and net loss of $65M. For the full year FY2025, revenue was $229M (+72% year on year) and net income −$285M. Its largest product in 2026-Q1 was Cryptocurrency Mining at $30M, 81% of the disclosed total, just ahead of Energy Sales at 16%.
| Income statement | Q2 2026 | Q1 2025 | Change |
|---|---|---|---|
| Revenue | $30M | $48M | −36% |
| Gross profit | −$87M | $276K | to a loss |
| Operating income | −$141M | −$35M | n/a |
| Net income | −$65M | −$56M | n/a |
| Diluted EPS | −$0.11 | −$0.11 | n/a |
| Product | Revenue | Share |
|---|---|---|
| Cryptocurrency Mining | $30M | 81% |
| Energy Sales | $5.9M | 16% |
| Cryptocurrency Hosting | $691K | 1.9% |
| Electrical Services | $537K | 1.5% |
Business Segments
Revenue split by product segment, from SEC XBRL filings.
Latest period: Q1 2026Total $37.0M (-22%)
Segment Latestquarter on quarteryear on year
- Cryptocurrency Mining$29.9M$29.9MQoQ -35%year on year -35%-35%-35%
- Energy Sales$5.9M$5.9MQoQ +1735%year on year +1735%+1735%+1735%
- Cryptocurrency Hosting$691.0K$691.0KQoQ +101%year on year +101%+101%+101%
- Electrical Services$537.0K$537.0KQoQ -51%year on year -51%-51%-51%
Information Technology Services
Ranks #21 of 37 by Smart Score