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KEEL KEEL Land — Depreciation

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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$3.99B

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 in its filing.

Tagged under the XBRL concept us-gaap:Depreciation.

The official record: KEEL’s 10-Q, filed May 11, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is KEEL's land — depreciation?
KEEL (KEEL) reported land — depreciation of $51.87K in Q1 2026.
How has KEEL's land — depreciation changed year-over-year?
KEEL's land — depreciation increased by 331.2% year-over-year, from $12.03K to $51.87K.
What does land — depreciation mean?
This metric represents the periodic allocation of the cost of land-related assets or improvements that are subject to wear and tear over their useful life. While land itself is typically non-depreciable, this figure captures the systematic reduction in value of site-specific infrastructure or land improvements essential for hosting mining operations. It serves as a key indicator of the capital intensity required to maintain the physical footprint of data centers across various geographic jurisdictions.