BRLS
Borealis Foods Inc.
NASDAQ: BRLS · CONSUMER DEFENSIVE · PACKAGED FOODS
$1.66
-12.17% today
Updated 2026-04-30
Market cap
$19.53M
P/E ratio
—
P/S ratio
0.70x
EPS (TTM)
$-0.86
Dividend yield
—
52W range
$1 – $7
Volume
0.3M
Borealis Foods Inc. (BRLS) Financial statements
SEC filings — annual and quarterly data.
Income statement — annual
| Item | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|
| Revenue | $13.63M | $25.59M | $29.98M | $27.67M |
| Revenue growth (YoY) | — | +87.7% | +17.2% | -7.7% |
| Cost of revenue | $13.85M | $33.66M | $31.29M | $25.48M |
| Gross profit | $-212990.00 | $-8.07M | $-1.30M | $2.19M |
| Gross margin | -1.6% | -31.5% | -4.3% | 7.9% |
| R&D | — | — | — | — |
| SG&A | $10.00M | $14.99M | $18.65M | $22.59M |
| Operating income | $-10.21M | $-23.06M | $-5.13M | $-20.40M |
| Operating margin | -74.9% | -90.1% | -17.1% | -73.7% |
| EBITDA | $-7.74M | $564794.00 | $-2.77M | $-18.08M |
| EBITDA margin | -56.8% | 2.2% | -9.2% | -65.3% |
| EBIT | $-9.84M | $-2.89M | $-2.94M | $-20.40M |
| Interest expense | $264721.00 | $3.22M | $7.28M | $5.06M |
| Income tax | $19539.00 | $55588.00 | $-167896.00 | $-134901.00 |
| Effective tax rate | -0.2% | -0.2% | 5.4% | 0.5% |
| Net income | $-10.12M | $-26.28M | $-2.94M | $-25.33M |
| Net income growth (YoY) | — | -159.7% | +88.8% | -761.1% |
| Profit margin | -74.2% | -102.7% | -9.8% | -91.5% |