Keel Infrastructure Corp.
Company Stats
- Market Cap
- $2.2B
- as of Sep 30, 2026
- Shares Outstanding
- 617.9M
- Free Float
- 95.6%
Income Statement
- Revenue
- $229.3M
- Operating Income
- -$149.6M
- Net Income
- -$284.5M
- EBITDA
- -$27.0M
- Non-cash Impairment
- $18.5M
- FCF Margin, 3Y Avg
- -2756.1%
- FCF Margin, Worst Year
- -7996.8%
Cash Flow
- Free Cash Flow
- -$326.9M
- FCF Yield
- -15.0%
- Owner FCF Yield
- -15.7%
Returns & Capital
- Share Repurchases
- $10.0M
- SBC, 3Y Avg
- $12.9M
Cash Flow by Year
| Year | Revenue | FCF | Margin |
|---|---|---|---|
| FY2025 | $229.3M | -$326.9M | -142.6% |
| FY2024 | $5.4M | -$428.6M | -7996.8% |
| FY2023 | $120.4M | -$155.3M | -129.0% |
Annual filing data through FY ended December 31, 2025; shares and float as of November 7, 2026. Yields and enterprise value use the calculated market cap above, at its as-of date. Ratios are our calculations from reported figures.
Stronger demand supports expansion as pricing diverges
Companies Report Firm Demand, Relentless Cost Pressure