Borealis Foods (BRLS) Cost of Revenue (2023 - 2026)

Borealis Foods' Cost of Revenue history runs 3 years deep, the most recent figure standing at $6.1 million for Q3 2025.

• In Q3 2025, Cost of Revenue fell 5.48% year-over-year to $6.1 million; the TTM figure through Sep 2025 stood at $25.2 million (down 2.63% YoY), while the FY2024 annual figure was $25.5 million, down 18.57% from the prior year.
• Cost of Revenue for Q3 2025 stood at $6.1 million, down from $6.7 million in the prior quarter.
• The five-year high for Cost of Revenue was $8.7 million in Q1 2023, with the low at $4.9 million in Q2 2024.
• The 3-year median for Cost of Revenue is $6.7 million (2025), against an average of $6.9 million.
• The sharpest annual moves came in 2024 and 2025: Cost of Revenue sank 34.51% in 2024, then jumped 36.11% in 2025.
• Borealis Foods' Cost of Revenue stood at $6.9 million in 2023, then retreated by 5.68% to $6.5 million in 2024, then slipped by 6.85% to $6.1 million in 2025.
• Business Quant data shows BRLS's Cost of Revenue at $6.1 million in Q3 2025, $6.7 million in Q2 2025, and $5.9 million in Q1 2025.