Borealis Foods (BRLS) Gross Margin (2023 - 2026)
Borealis Foods (BRLS) posted quarterly Gross Margin of 14.13% for Q3 2025, down 164.0% year-over-year from 22.08% in Q3 2024, and up 107.91% quarter-over-quarter from 6.8% in Q2 2025.
Borealis Foods (BRLS) Gross Margin (2023 - 2026) Analysis & Trends
Borealis Foods' Gross Margin history runs 3 years deep, the most recent figure standing at 14.13% for Q3 2025.
- In Q3 2025, Gross Margin fell 164.0% year-over-year to 14.13%; the TTM figure through Sep 2025 stood at 9.26% (up 82.0% YoY), while the FY2024 annual figure was 7.52%, up 1168.0% from the prior year.
- Gross Margin for Q3 2025 stood at 14.13%, up from 6.8% in the prior quarter.
- The five-year high for Gross Margin was 15.77% in Q3 2024, with the low at 15.22% in Q2 2023.
- The 3-year median for Gross Margin is 6.8% (2025), against an average of 4.16%.
- Peak annual rise in Gross Margin reached 2293 bps in 2024, while the deepest fall reached 386 bps in 2024.
- Borealis Foods' Gross Margin stood at 7.41% in 2023, then plunged by 52 bps to 3.56% in 2024, then jumped by 297 bps to 14.13% in 2025.
- Business Quant data shows BRLS's Gross Margin at 14.13% in Q3 2025, 6.8% in Q2 2025, and 12.45% in Q1 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Kraft Heinz | 30.23 Bn | 27.54 Bn | 2.03 Bn | 32.39% |
| 2 | General Mills | 21.36 Bn | 20.90 Bn | 1.60 Bn | 34.79% |
| 3 | Mccormick | 14.89 Bn | 14.56 Bn | 778.20 Mn | 40.18% |
| 4 | Jbs | 14.54 Bn | 11.07 Bn | 4.91 Bn | 10.79% |
| 5 | Hormel Foods | 13.26 Bn | 12.40 Bn | 518.51 Mn | 17.44% |
| 6 | J M Smucker | 13.17 Bn | 13.11 Bn | 862.10 Mn | 38.01% |
| 7 | Magnum Ice Cream | 12.10 Bn | 11.38 Bn | - | - |
| 8 | Darling Ingredients | 10.78 Bn | 10.62 Bn | 503.37 Mn | 29.20% |
| 9 | Smithfield Foods | 8.77 Bn | 7.42 Bn | 478.00 Mn | 12.92% |
| 10 | Borealis Foods | 35.36 Mn | 34.86 Mn | 838,891.00 | 10.78% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 10.78% |
| Dec 31, 2025 | 11.34% |
| Sep 30, 2025 | 14.13% |
| Jun 30, 2025 | 6.80% |
| Mar 31, 2025 | 12.45% |
| Dec 31, 2024 | 3.56% |
| Sep 30, 2024 | 15.77% |
| Jun 30, 2024 | 7.71% |
| Mar 31, 2024 | 2.86% |
| Dec 31, 2023 | 7.41% |
| Sep 30, 2023 | -5.77% |
| Jun 30, 2023 | -15.22% |
| Mar 31, 2023 | -3.92% |