The financials
Keel Infrastructure Corp. by the numbers
Keel Infrastructure Corp. (KEEL) reported revenue of $30M in Q2 2026 (quarter ended Jun 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 Q2 2026 was Cryptocurrency Mining at $26M, 85% of the disclosed total, well ahead of Energy Sales at 7.8%.
| 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 | $26M | 85% |
| Energy Sales | $2.4M | 7.8% |
| Electrical Services | $2.0M | 6.6% |
| Cryptocurrency Hosting | $179K | 0.6% |
Business Segments
Revenue split by product segment, from SEC XBRL filings.
Latest period: Q2 2026Total $30.4M (-18%)
Segment Latestquarter on quarteryear on year
- Cryptocurrency Mining$25.9M$25.9MQoQ -13%year on year -53%-13%-53%
- Energy Sales$2.4M$2.4MQoQ -59%year on year -19%-59%-19%
- Electrical Services$2.0M$2.0MQoQ +274%year on year +99%+274%+99%
- Cryptocurrency Hosting$179.0K$179.0KQoQ -74%year on year -88%-74%-88%
Information Technology Services
Ranks #14 of 28 by Smart Score