Borealis Foods Inc. (BRLS)
NASDAQ: BRLS · Real-Time Price · USD
1.890
+0.040 (2.16%)
At close: Dec 5, 2025, 4:00 PM EST
1.910
+0.020 (1.06%)
After-hours: Dec 5, 2025, 7:57 PM EST
Borealis Foods Income Statement
Financials in millions USD. Fiscal year is January - December.
Millions USD. Fiscal year is Jan - Dec.
| TTM
| FY 2024 | FY 2023 | FY 2022 | FY 2021 |
| Sep '25 Sep 30, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
| Revenue | 27.9 | 27.67 | 29.98 | 25.59 | 13.63 |
| Revenue Growth (YoY) | -1.65% | -7.72% | 17.17% | 87.71% | - |
| Cost of Revenue | 23.32 | 23.16 | 27.35 | 33.66 | 13.85 |
| Gross Profit | 4.58 | 4.51 | 2.63 | -8.07 | -0.21 |
| Selling, General & Admin | 15.32 | 20.89 | 12.77 | 14.99 | 10 |
| Research & Development | 0.21 | 0.2 | 0.46 | - | - |
| Operating Expenses | 17.4 | 23.41 | 17.17 | 14.99 | 10 |
| Operating Income | -12.82 | -18.9 | -14.54 | -23.06 | -10.21 |
| Interest Expense | -5.64 | -5.06 | -7.28 | -3.22 | -0.26 |
| Currency Exchange Gain (Loss) | -0.01 | 0 | 0.07 | 0 | -0 |
| Other Non Operating Income (Expenses) | - | - | 0.3 | - | - |
| EBT Excluding Unusual Items | -18.47 | -23.96 | -21.44 | -26.28 | -10.48 |
| Merger & Restructuring Charges | - | -1.51 | -5.41 | - | - |
| Gain (Loss) on Sale of Assets | - | - | -0.96 | 0.05 | - |
| Other Unusual Items | - | - | - | - | 0.38 |
| Pretax Income | -18.47 | -25.46 | -27.82 | -26.23 | -10.1 |
| Income Tax Expense | -0.14 | -0.13 | -0.34 | 0.06 | 0.02 |
| Net Income | -18.33 | -25.33 | -27.48 | -26.28 | -10.12 |
| Net Income to Common | -18.33 | -25.33 | -27.48 | -26.28 | -10.12 |
| Shares Outstanding (Basic) | 21 | 20 | 11 | 162 | - |
| Shares Outstanding (Diluted) | 21 | 20 | 11 | 162 | - |
| Shares Change (YoY) | 21.20% | 88.93% | -93.38% | - | - |
| EPS (Basic) | -0.86 | -1.25 | -2.56 | -0.16 | - |
| EPS (Diluted) | -0.86 | -1.25 | -2.56 | -0.16 | - |
| Free Cash Flow | -4.71 | -16.74 | -22.47 | -27.43 | -27.99 |
| Free Cash Flow Per Share | -0.22 | -0.82 | -2.09 | -0.17 | - |
| Gross Margin | 16.40% | 16.31% | 8.78% | -31.53% | -1.56% |
| Operating Margin | -45.95% | -68.30% | -48.48% | -90.12% | -74.88% |
| Profit Margin | -65.72% | -91.54% | -91.64% | -102.70% | -74.24% |
| Free Cash Flow Margin | -16.89% | -60.50% | -74.94% | -107.20% | -205.33% |
| EBITDA | -10.95 | -16.58 | -10.6 | -19.61 | -8.11 |
| EBITDA Margin | -39.25% | -59.91% | -35.35% | -76.63% | -59.49% |
| D&A For EBITDA | 1.87 | 2.32 | 3.94 | 3.45 | 2.1 |
| EBIT | -12.82 | -18.9 | -14.54 | -23.06 | -10.21 |
| EBIT Margin | -45.95% | -68.30% | -48.48% | -90.12% | -74.88% |
| Revenue as Reported | 27.9 | 27.67 | 29.98 | - | - |
| Advertising Expenses | - | 5.73 | 2.24 | 0.13 | 0.12 |
Source: S&P Capital IQ. Standard template.
Financial Sources.