Borealis Foods Inc. (BRLS) stock

BRLSNasdaqFood and Kindred ProductsFiscal year ends December 31Also trades as BRLSW

Financials through Q1 FY2026, quarter ended Mar 31, 2026Last filing: 10-K/A on Sep 30, 2026Score 2/30

$0.95−0.08 (-7.77%)

Close on Nov 12, 2026Market cap $20.39MP/E –Yield –

Borealis Foods statistics

66 measures from SEC filings and the closing price. Hover a name for the formula; the last column is the median of companies in the same industry group.

Important dates

Next earnings: –
Last ex-dividend date: No dividends
Fundamentals through: Mar 31, 2026
Share price as of: Nov 12, 2026

Valuation ratiosIndustry

Market Cap: $20.39M; $1.15B
Enterprise Value: $19.89M; $1.60B
PS Ratio: 0.63; 0.81

Enterprise valuationIndustry

EV / Sales: 0.61; 1.02

Share statisticsIndustry

Shares Outstanding: 21M; 67M
Shares Change (YoY): 1.56%; 0.58%
Shares Held by Institutions: 24.0%; 57.3%

Short sellingIndustry

Short Interest: 33,373; –
Short Interest Change: -4.00%; 1.45%
Days to Cover: 6.54; 4.50

Stock price statisticsIndustry

52-Week High: $3.73; –
52-Week Low: $0.60; –
20-Day Moving Average: $1.06; –
50-Day Moving Average: $1.18; –
200-Day Moving Average: $1.26; –
Average True Range (14): $0.12; –
Price Change (1 Week): -15.2%; -1.23%
Price Change (1 Month): -12.8%; 2.47%
Price Change (3 Months): 11.0%; -7.48%
Price Change (6 Months): -29.6%; -6.36%
Price Change (YTD): -52.5%; -15.1%
Price Change (1 Year): -73.0%; -15.5%
Price Change (3 Years): -91.5%; -32.5%
Price Change (5 Years): -90.4%; -42.2%
Average Volume (10 Days): 6,735; –
Average Volume (20 Days): 5,980; –
Average Volume (90 Days): 593,084; –
Relative Volume: 0.01; 0.72
Relative Strength Index (14): 43.3; 48.2
Volatility (1 Year): 217.6%; 46.0%
Beta (5 Years): -0.03; 0.45

MarginsIndustry

Gross Margin: 10.6%; 29.4%
Operating Margin: -31.4%; 3.49%
Pretax Margin: -56.7%; 4.13%
Profit Margin: -56.5%; 1.49%
EBITDA Margin: -23.1%; 5.70%

Returns on capitalIndustry

Return on Assets (ROA): -33.5%; 1.47%

Financial positionIndustry

Current Ratio: 0.09; 1.39
Quick Ratio: 0.03; 0.56
Interest Coverage: -1.65; 1.36

GrowthIndustry

Revenue Growth (YoY): 14.0%; 2.72%

EfficiencyIndustry

Asset Turnover: 0.59; 0.91
Inventory Turnover: 4.81; 5.29
Revenue Per Employee: $231.52K; $664.16K
Profits Per Employee: -$130.74K; $16.51K
Employee Count: 140; 600
WACC: 7.38%; 7.26%

Income statement (TTM)Industry

Revenue: $32.41M; $814.99M
Gross Profit: $3.45M; $207.33M
Operating Income: -$10.18M; $331.00K
Pretax Income: -$18.37M; $11.82M
Net Income: -$18.30M; $2.13M
EBITDA: -$7.48M; $9.84M

Balance sheetIndustry

Cash & Short-Term Investments: $500.00K; $41.10M
Net Cash (Debt): $500.00K; -$484.86K
Net Cash Per Share: $0.02; -$0.04
Equity (Book Value): -$22.70M; $143.59M
Book Value Per Share: -$1.06; $5.66
Tangible Book Value: -$23.00M; $4.47M
Working Capital: -$65.02M; $25.54M

Cash flow (TTM)Industry

Operating Cash Flow: -$5.35M; $15.26M

Dividends and yieldsIndustry

Earnings Yield: -89.8%; 2.59%

Taxes and interestIndustry

Interest Expense: $6.18M; $13.84M

Scores and fair valueIndustry

Altman Z-Score: -4.50; 2.52
Piotroski F-Score: 5; 4
Beneish M-Score: -4.28; -2.62

Total return vs. the S&P 500

Price change plus reinvested dividends, to the close on Nov 12, 2026. The S&P 500 is measured by the SPY fund.

Period	BRLS	S&P 500	Difference	BRLS per year	S&P 500 per year
1 month	+3.7%	-2.7%	+6.4 pts
3 months	+13.0%	-1.7%	+14.7 pts
Year to date	-52.5%	+11.9%	−64.4 pts
1 year	-73.4%	+12.0%	−85.4 pts
3 years	-91.5%	+78.2%	−169.6 pts	-56.0%	+21.2%
5 years	-90.4%	+73.2%	−163.6 pts	-37.4%	+11.6%
10 years	+9400.0%	+309.6%	+9090.4 pts	+57.7%	+15.1%

Short interest

Shares sold short and not yet covered, reported by brokers to FINRA twice a month. Latest settlement date Oct 30, 2026.

0M BRLS shares were sold short on Oct 30, 2026, down 4.0% from the previous report. At recent volumes it would take 6.5 days to buy them back. Over the last 20 sessions, 27.0% of the volume reported to FINRA was short selling.

Settlement date	Shares short	Change	Avg. daily volume	Days to cover
Oct 30, 2026	33,373	-4.0%	5,106	6.5
Oct 15, 2026	34,762	-17.5%	13,109	2.6
Sep 30, 2026	42,124	-5.9%	5,069	8.3
Sep 15, 2026	44,743	-25.4%	27,367	1.6
Aug 31, 2026	59,971	-62.0%	4,589,362	1.0
Aug 14, 2026	157,953	-13.3%	8,223	19.2
Jul 31, 2026	182,209	-7.0%	30,488	6.0
Jul 15, 2026	195,836	-7.4%	63,571	3.1
Jun 30, 2026	211,412	-3.1%	13,727	15.4
Jun 15, 2026	218,170	-3.1%	6,881	31.7
May 29, 2026	225,210	-2.3%	11,311	19.9
May 15, 2026	230,400	-54.2%	50,973	4.5

Ratios use trailing-twelve-month results and the latest balance sheet. How we calculate.

Where these numbers come from

Parsed from the XBRL in Borealis Foods's annual and quarterly filings with the SEC
Fourth quarters derived from the annual report minus nine months
Every figure in the statements links to its source filing

Against peers

Trailing twelve months. Peers are matched on business description, industry and size. Ticks are peers, the dot is BRLS.

Compare: BRLS vs UCFI · BRLS vs BOF · BRLS vs LSF · BRLS vs BYND · BRLS vs DDC

Revenue growth14.0% · median 38.1%

Gross margin10.6% · median 21.0%

Operating margin-31.4% · median -31.0%

Net margin-56.5% · median 10.6%

Company	Revenue	Growth
BYND	$253.16M	-12.9%
LSF	$81.48M	+73.3%
BRLS	$32.41M	+14.0%
UCFI	$30.34M	+33.9%
BOF	$14.30M	+42.2%
DDC	–	–

Company

Exchange: Nasdaq
Industry: Food and Kindred Products
Fiscal year ends: December 31
Employees: 140
Auditor: Carr, Riggs & Ingram, L.L.C.
SEC CIK: 1852973

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