# Keel Infrastructure (KEEL) — Earnings

KEEL · NASDAQ · Stock

Canonical page: https://www.lighthorse.io/tickers/keel/earnings

## Most recent quarter

| Metric | Value |
| --- | --- |
| Fiscal period | Q2 2026 |
| Period end | Jun 30, 2026 |
| EPS actual | −$0.11 |
| EPS estimate | −$0.08 |
| EPS surprise | −35.14% |
| Revenue surprise | +3.96% |
| Revenue | $30.4M |
| Revenue estimate | $29.3M |
| Reported | Aug 10, 2026 |
| SEC filing | [View filing](https://www.sec.gov:443/Archives/edgar/data/1812477/000181247726000023/keel-20260630.htm) |

Keel Infrastructure reported Q2 2026 results on August 10, 2026. It posted a loss of $0.11 per share, wider than the $0.08 loss expected, a 35.14% miss. Revenue was $30.4 million, 3.96% above the $29.3 million estimate. Compared with Q2 2025, the loss widened from $0.05 per share and revenue fell about 61% from $77.8 million.

Revenue has dropped for four straight quarters, from $77.8 million in Q2 2025 to the latest figure. That followed a rise in annual revenue from $142.3 million in 2022 to $266.2 million in 2025. Keel has reported a loss in every quarter since Q2 2022 except Q4 2024, which earned $0.03 per share. Annual losses were $1.16 per share in 2022, $0.37 in 2023, $0.14 in 2024 and $0.38 in 2025. The first half of 2026 brought a combined loss of $0.32 per share on $67.4 million in revenue, against $144.6 million a year earlier. Keel has missed the EPS estimate in each of the last six quarters.

Keel reported Q3 results between November 7 and November 16 in each year shown. That points to mid-November 2026 for the next report, which will show whether the revenue decline continues.

## Earnings history

| Fiscal period | Report date | EPS estimate | EPS actual | Surprise | Revenue estimate | Revenue actual |
| --- | --- | --- | --- | --- | --- | --- |
| Q2 2026 | Aug 10, 2026 | −$0.08 | −$0.11 | -35.14% | $29.3M | $30.4M |
| Q1 2026 | May 11, 2026 | −$0.06 | −$0.21 | -243.70% | $34.6M | $37.0M |
| Q4 2025 | Mar 31, 2026 | −$0.04 | −$0.18 | -380.00% | $63.3M | $52.4M |
| Q3 2025 | Nov 13, 2025 | −$0.02 | −$0.08 | -273.83% | $87.4M | $69.2M |
| Q2 2025 | Aug 12, 2025 | −$0.02 | −$0.05 | -185.71% | $83.1M | $77.8M |
| Q1 2025 | May 14, 2025 | −$0.03 | −$0.07 | -147.35% | $64.3M | $66.8M |
| Q4 2024 | Mar 27, 2025 | −$0.04 | $0.03 | 175.00% | $56.0M | $56.2M |
| Q3 2024 | Nov 13, 2024 | −$0.08 | −$0.08 | 0.00% | $46.3M | $44.9M |
| Q2 2024 | Aug 8, 2024 | −$0.11 | −$0.07 | 35.42% | $44.6M | $41.5M |
| Q1 2024 | May 15, 2024 | −$0.02 | −$0.02 | -11.11% | $51.0M | $50.3M |
| Q4 2023 | Mar 7, 2024 | −$0.03 | −$0.19 | -590.91% | $43.1M | $46.2M |
| Q3 2023 | Nov 7, 2023 | −$0.05 | −$0.07 | -31.33% | $34.2M | $34.6M |
| Q2 2023 | Aug 8, 2023 | −$0.05 | −$0.10 | -87.62% | $34.6M | $35.5M |
| Q1 2023 | May 15, 2023 | −$0.03 | −$0.01 | 60.00% | $29.6M | $30.1M |
| Q4 2022 | Mar 21, 2023 | −$0.08 | −$0.08 | 0.00% | $25.6M | $27.0M |
| Q3 2022 | Nov 14, 2022 | −$0.02 | −$0.40 | -1900.00% | $37.6M | $33.2M |
| Q2 2022 | Aug 15, 2022 | $0.05 | −$0.70 | -1500.00% | $48.3M | $41.8M |
| Q1 2022 | May 16, 2022 | $0.04 | $0.02 | -50.00% | $39.6M | $40.3M |
| Q4 2021 | Mar 28, 2022 | $0.13 | $0.05 | -61.54% | $62.6M | $59.6M |
| Q3 2021 | Nov 16, 2021 | $0.20 | $0.13 | -35.00% | $46.6M | $44.8M |

## Frequently Asked Questions

### When did Keel Infrastructure (KEEL) last report earnings?

Keel Infrastructure last reported on Aug 10, 2026, covering fiscal Q2 2026.

### Did KEEL beat earnings estimates?

No. Keel Infrastructure reported EPS of −$0.11 for Q2 2026 against a −$0.08 estimate — a 35.14% miss.

### How much revenue did KEEL report last quarter?

Keel Infrastructure reported $30.4M in revenue for Q2 2026, against a consensus estimate of $29.3M.

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Earnings figures may be restated, revised or corrected by the issuer. Past results do not indicate future performance.

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