Borealis Foods Inc. (BRLSW) stock
BRLSWNasdaqFood and Kindred ProductsFiscal year ends December 31Also trades as BRLS
Financials through Q1 FY2026, quarter ended Mar 31, 2026Last filing: 10-K/A on Sep 30, 2026Score 2/30
$0.02−0.01 (-29.44%)
Close on Oct 30, 2026Market cap $24.47MP/E –Yield –
Borealis Foods gross margin
Gross margin is gross profit as a percentage of revenue.
Borealis Foods's gross margin for the twelve months ending Mar 31, 2026 was 10.6%. For fiscal 2025 it was 11.2%, against 7.5% the year before.
Annual gross margin
| Period | Period end | Value | Change (pts) |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | 11.2% | +3.6 |
| FY2024 | Dec 31, 2024 | 7.5% | +11.9 |
| FY2023 | Dec 31, 2023 | -4.3% | – |
Quarterly gross margin
Change is against the same quarter a year earlier.
| Period | Period end | Value | Change (pts) |
|---|---|---|---|
| Q1 FY2026 | Mar 31, 2026 | 10.8% | −1.7 |
| Q4 FY2025 | Dec 31, 2025 | 10.2% | +7.1 |
| Q3 FY2025 | Sep 30, 2025 | 14.6% | −1.9 |
| Q2 FY2025 | Jun 30, 2025 | 7.2% | −0.8 |
| Q1 FY2025 | Mar 31, 2025 | 12.5% | +9.4 |
| Q4 FY2024 | Dec 31, 2024 | 3.1% | −4.4 |
| Q3 FY2024 | Sep 30, 2024 | 16.6% | +22.7 |
| Q2 FY2024 | Jun 30, 2024 | 7.9% | +24.0 |
| Q1 FY2024 | Mar 31, 2024 | 3.1% | +7.2 |
| Q4 FY2023 | Dec 31, 2023 | 7.5% | – |
| Q3 FY2023 | Sep 30, 2023 | -6.2% | – |
| Q2 FY2023 | Jun 30, 2023 | -16.1% | – |
| Q1 FY2023 | Mar 31, 2023 | -4.1% | – |