Borealis Foods (BRLS) Interest Expenses (2023 - 2025)
Borealis Foods (BRLS) recorded quarterly Interest Expenses of $1.9 million in Q3 2025, up 51.07% quarter-over-quarter from $1.2 million in Q2 2025, and up 53.62% on a YoY basis from $1.2 million in Q3 2024.
Borealis Foods (BRLS) Interest Expenses (2023 - 2025) Analysis & Trends
Borealis Foods' Interest Expenses history runs 3 years deep, the most recent figure standing at $1.9 million for Q3 2025.
- In Q3 2025, Interest Expenses rose 53.62% year-over-year to $1.9 million; the TTM figure through Sep 2025 stood at $5.6 million (up 2.38% YoY), while the FY2024 annual figure was $5.1 million, down 30.45% from the prior year.
- Interest Expenses was $1.9 million for Q3 2025 at Borealis Foods, up from $1.2 million in the prior quarter.
- In the past five years, Interest Expenses ranged from a high of $2.2 million in Q3 2023 to a low of $1.1 million in Q2 2024.
- Historically, Interest Expenses has averaged $1.5 million across 3 years, with a median of $1.5 million in 2024.
- The sharpest annual moves came in 2024 and 2025: Interest Expenses slumped 44.26% in 2024, then soared 53.62% in 2025.
- A 3-year view of Interest Expenses shows it stood at $1.7 million in 2023, then dropped by 25.65% to $1.3 million in 2024, then soared by 43.34% to $1.9 million in 2025.
- The last three Interest Expenses figures came in at $1.9 million (Q3 2025), $1.2 million (Q2 2025), and $1.3 million (Q1 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Expense (Qtr) |
|---|---|---|---|---|---|
| 1 | Paranovus Entertainment Technology | 75,216.52 Bn | 75,216.52 Bn | - | - |
| 2 | Kraft Heinz | 26.76 Bn | 22.68 Bn | 2.22 Bn | 236.00 Mn |
| 3 | General Mills | 17.79 Bn | 17.02 Bn | 1.37 Bn | 128.40 Mn |
| 4 | Jbs | 13.93 Bn | 9.37 Bn | 2.32 Bn | -486.39 Mn |
| 5 | Hormel Foods | 13.00 Bn | 12.16 Bn | 518.51 Mn | 19.82 Mn |
| 6 | Mccormick | 12.70 Bn | 13.10 Bn | 708.90 Mn | 47.30 Mn |
| 7 | Magnum Ice Cream | 12.17 Bn | 11.70 Bn | - | -161.80 Mn |
| 8 | J M Smucker | 11.05 Bn | 10.99 Bn | 827.80 Mn | - |
| 9 | Smithfield Foods | 10.57 Bn | 9.49 Bn | 511.00 Mn | 8.00 Mn |
| 10 | Borealis Foods | 41.68 Mn | 41.55 Mn | 1.04 Mn | 1.86 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Sep 30, 2025 | 1.86 Mn |
| Sep 30, 2025 | 1.86 Mn |
| Jun 30, 2025 | 1.23 Mn |
| Jun 30, 2025 | 1.23 Mn |
| Mar 31, 2025 | 1.26 Mn |
| Mar 31, 2025 | 1.26 Mn |
| Dec 31, 2024 | 1.29 Mn |
| Dec 31, 2024 | 1.29 Mn |
| Sep 30, 2024 | 1.21 Mn |
| Sep 30, 2024 | 1.21 Mn |
| Jun 30, 2024 | 1.10 Mn |
| Jun 30, 2024 | 1.10 Mn |
| Mar 31, 2024 | 1.46 Mn |
| Mar 31, 2024 | 1.46 Mn |
| Dec 31, 2023 | 1.74 Mn |
| Dec 31, 2023 | 1.74 Mn |
| Sep 30, 2023 | 2.17 Mn |
| Sep 30, 2023 | 2.17 Mn |
| Jun 30, 2023 | 1.84 Mn |
| Jun 30, 2023 | 1.84 Mn |