Borealis Foods (BRLS) Gross Margin (2023 - 2026)
Borealis Foods' Gross Margin was 10.78% in Q1 2026, down 1.67 percentage points from 12.45% a year earlier and down 0.56 percentage points from the prior quarter.
Borealis Foods (BRLS) Gross Margin (2023 - 2026) Analysis & Trends
On a trailing twelve-month basis, Borealis Foods' Gross Margin was 10.77% through Mar 31, 2026, up 0.55 percentage points year-over-year; for FY2025, it came in at 11.16%, up 3.63 percentage points from FY2024.
- In earlier years, Gross Margin was 7.52% in FY2024 (+11.68 pp) and -4.16% in FY2023.
- Quarterly Gross Margin has moved between -15.22% (Q2 2023) and 15.77% (Q3 2024) over five years.
- Compared with a year earlier, Gross Margin was higher in four of the last eight quarters, with an average year-over-year change of +6.72 percentage points.
- The best year-over-year quarter for Gross Margin over five years was Q2 2024 (a gain of 22.93 percentage points); the worst was Q4 2024 (a drop of 3.86 percentage points).
- Per Business Quant data, BRLS's Gross Margin in the three quarters before Q1 2026 was 11.34% (Q4 2025), 14.13% (Q3 2025) and 6.80% (Q2 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Unilever | 133.59 Bn | 108.95 Bn | - | - |
| 2 | Mondelez International | 75.71 Bn | 69.03 Bn | 3.99 Bn | 42.61% |
| 3 | Hershey | 32.64 Bn | 28.88 Bn | 1.26 Bn | 45.32% |
| 4 | Kraft Heinz | 27.82 Bn | 14.35 Bn | 2.03 Bn | 32.39% |
| 5 | General Mills | 18.09 Bn | 15.75 Bn | 1.49 Bn | 33.88% |
| 6 | Mccormick | 13.03 Bn | 12.90 Bn | 778.20 Mn | 40.18% |
| 7 | J M Smucker | 12.89 Bn | 12.68 Bn | 979.60 Mn | 44.14% |
| 8 | Hormel Foods | 10.92 Bn | 7.61 Bn | 471.52 Mn | 15.92% |
| 9 | Chewy | 7.33 Bn | 4.62 Bn | 1.01 Bn | 30.36% |
| 10 | Borealis Foods | 28.33 Mn | 27.43 Mn | 838,891.00 | 10.78% |
Historic 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% |
Borealis Foods Gross Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=gross-margin&ticker=BRLS&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "gross-margin", "ticker": "BRLS", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=gross-margin&ticker=BRLS&period=max&api_key=YOUR_API_KEY");
const data = await res.json();