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KEEL KEEL Miners — Production And Distribution Costs

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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:ProductionAndDistributionCosts.

The official record: KEEL’s 10-K, filed March 31, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is KEEL's miners — production and distribution costs?
KEEL (KEEL) reported miners — production and distribution costs of $2.37M in Q4 2025.
What does miners — production and distribution costs mean?
This metric represents the direct operating expenses incurred to generate and distribute computational power for cryptocurrency mining activities. It encompasses costs such as electricity, facility maintenance, and site-level personnel required to maintain hashing operations. Monitoring this helps assess the operational efficiency and cost-per-hash of the mining segment.