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Keel Infrastructure KEEL Electrical Components And Salaries — Cost Of Revenue

Other product segments

Depreciation And Amortization
$27.69M+50.1%
Energy Service
$21.11M+32.0%
Infrastructure Expenses
$13.94M+223%

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RFL
RFLCost Of Product Revenue — Cost Of Revenue
$8K-11.1%

Other financials

Income statement

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Revenue$37.0M-22.4%
Gross profit-$26.3M-9,631%
Operating income-$98.4M-182%
Net income-$145.4M-162%
EPS (diluted)-$0.24-118%

Balance sheet

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Cash & equivalents$357.3M+827%
Total debt$591.0M
Total equity$419.1M-36.6%
Total assets$1.1B

Cash flow

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Operating cash flow-$64.7M-243%
CapEx$10.3M-76.2%
Free cash flow-$75.0M-20.6%

Valuation

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Market cap$2.31B+87.6%
Enterprise value$2.54B
P/S15.3×

Profitability

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Gross margin-7.9%-2.8pp
Operating margin-37.8%+2.0pp
Net margin-52%+24.6pp
FCF margin-259.9%+201pp

Returns & leverage

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Return on equity-6.1%-2.5pp
Debt / equity1.4×
Current ratio9.6×

Where this comes from

Reported directly by Keel Infrastructure in its filing.

Tagged under the XBRL concept us-gaap:CostOfRevenue.

The source filing: Keel Infrastructure’s 10-Q, filed May 11, 2026.

Filed
May 11, 2026, 7:00 AM EDT
Fiscal quarter
Q1 FY2026
Calendar quarter
Q1 2026
Accession
0001213900-26-054166
Line itemThree months ended March 31, 2026Three months ended March 31, 2025
Energy expenses(21,114)(16,000)
Depreciation and amortization(27,694)(18,448)
Hosting expenses(7,735)
Infrastructure expenses(13,942)(4,315)
Electrical components and salaries(547)(877)
(63,297)(47,375)

Item 1. Financial Statements (Unaudited)

FAQ

What is Keel Infrastructure's electrical components and salaries — cost of revenue?
Keel Infrastructure (KEEL) reported electrical components and salaries — cost of revenue of $547K in Q1 2026.
How has Keel Infrastructure's electrical components and salaries — cost of revenue changed year-over-year?
Keel Infrastructure's electrical components and salaries — cost of revenue decreased by 37.6% year-over-year, from $877K to $547K.
What does electrical components and salaries — cost of revenue mean?
This metric represents the direct operating expenses associated with maintaining and repairing the electrical infrastructure and the personnel costs for the technical staff required to support cryptocurrency mining operations. It captures the essential maintenance and human capital expenditures necessary to sustain the hashing power and operational uptime of the server farms. Monitoring this cost helps investors assess the efficiency of infrastructure management and the impact of labor and hardware maintenance on the overall profitability of mining activities.

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