Borealis Foods (BRLS) Net Margin (2023 - 2025)

Borealis Foods' (BRLS) quarterly Net Margin came in at 53.22% in Q3 2025, up 661.0% year-on-year from 6.99% in Q3 2024, and up 16.83% quarter-over-quarter from 63.99% in Q2 2025.

Borealis Foods (BRLS) Net Margin (2023 - 2025) Analysis & Trends

Borealis Foods' Net Margin history runs 3 years deep, the most recent figure standing at 53.22% for Q3 2025.

  • On a quarterly basis, Net Margin rose 661.0% year-over-year to 53.22% in Q3 2025; TTM through Sep 2025 was 65.72%, a 641.0% increase from a year earlier, with the FY2024 full-year figure at 91.54%, down 8671.0% from the prior year.
  • Net Margin rose to 53.22% in Q3 2025 per BRLS's latest filing, from 63.99% in the prior quarter.
  • Across five years, Net Margin topped out at 1.97% in Q2 2023 and bottomed at 115.01% in Q2 2024.
  • The 3-year median for Net Margin is 61.17% (2025), against an average of 57.01%.
  • Across the five-year window, Net Margin tumbled 11304 bps in 2024 and surged 5101 bps in 2025, its largest moves.
  • Year by year, Net Margin stood at 5.23% in 2023, then tumbled by 1532 bps to 85.29% in 2024, then jumped by 38 bps to 53.22% in 2025.
  • Per Business Quant, the three latest BRLS Net Margin figures stand at 53.22% (Q3 2025), 63.99% (Q2 2025), and 61.17% (Q1 2025).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Net Margin (Qtr)
1 Kraft Heinz 30.05 Bn 26.07 Bn 2.22 Bn 13.21%
2 General Mills 19.11 Bn 18.67 Bn 1.60 Bn -43.20%
3 Hormel Foods 13.78 Bn 12.93 Bn 518.51 Mn 5.29%
4 Mccormick 13.51 Bn 13.76 Bn 778.20 Mn 8.09%
5 Magnum Ice Cream 10.87 Bn 10.35 Bn - -
6 Smithfield Foods 10.26 Bn 8.88 Bn 511.00 Mn 6.61%
7 Darling Ingredients 10.06 Bn 10.02 Bn 404.92 Mn 8.84%
8 Conagra Brands 6.88 Bn 6.66 Bn 704.10 Mn -39.62%
9 Lamb Weston Holdings 6.84 Bn 6.78 Bn 361.40 Mn 6.07%
10 Borealis Foods 18.67 Mn 18.61 Mn - -

Historic Data

Download Data
DateValue
Sep 30, 2025 -53.22%
Jun 30, 2025 -63.99%
Mar 31, 2025 -61.17%
Dec 31, 2024 -85.29%
Sep 30, 2024 -59.83%
Jun 30, 2024 -115.01%
Mar 31, 2024 -106.80%
Dec 31, 2023 -5.23%
Sep 30, 2023 -3.54%
Jun 30, 2023 -1.97%
Mar 31, 2023 -71.04%