Borealis Foods (BRLS) Operating Expenses (2021 - 2026)
Borealis Foods (BRLS) posted quarterly Operating Expenses of $3.0 million for Q3 2025, down 52.18% year-over-year from $6.2 million in Q3 2024, and down 33.78% quarter-over-quarter from $4.5 million in Q2 2025.
Borealis Foods (BRLS) Operating Expenses (2021 - 2026) Analysis & Trends
Borealis Foods' Operating Expenses history runs 5 years deep, the most recent figure standing at $3.0 million for Q3 2025.
- In Q3 2025, Operating Expenses fell 52.18% year-over-year to $3.0 million; the TTM figure through Dec 2025 stood at $11.3 million (down 52.89% YoY), while the FY2024 annual figure was $22.6 million, up 340.35% from the prior year.
- Operating Expenses for Q3 2025 stood at $3.0 million, down from $4.5 million in the prior quarter.
- The five-year high for Operating Expenses was $7.2 million in Q1 2024, with the low at $7929.0 in Q3 2021.
- The 5-year median for Operating Expenses is $1.2 million (2023), against an average of $2.6 million.
- The sharpest annual moves came in 2022 and 2025: Operating Expenses jumped 12985.33% in 2022, then sank 52.18% in 2025.
- Borealis Foods' Operating Expenses stood at $401739.0 in 2021, then surged by 85.71% to $746085.0 in 2022, then jumped by 49.76% to $1.1 million in 2023, then soared by 336.12% to $4.9 million in 2024, then plunged by 39.14% to $3.0 million in 2025.
- Business Quant data shows BRLS's Operating Expenses at $3.0 million in Q3 2025, $4.5 million in Q2 2025, and $3.8 million in Q1 2025.
Powered by 
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Kraft Heinz | 30.23 Bn | 27.54 Bn | 2.03 Bn | 8.46 Bn |
| 2 | General Mills | 21.36 Bn | 20.90 Bn | 1.60 Bn | 3.70 Bn |
| 3 | Mccormick | 14.89 Bn | 14.56 Bn | 778.20 Mn | 441.80 Mn |
| 4 | Jbs | 14.54 Bn | 11.07 Bn | 4.91 Bn | 3.83 Bn |
| 5 | Hormel Foods | 13.26 Bn | 12.40 Bn | 518.51 Mn | 318.62 Mn |
| 6 | J M Smucker | 13.17 Bn | 13.11 Bn | 862.10 Mn | 362.30 Mn |
| 7 | Magnum Ice Cream | 12.10 Bn | 11.38 Bn | - | - |
| 8 | Darling Ingredients | 10.78 Bn | 10.62 Bn | 503.37 Mn | 1.52 Bn |
| 9 | Smithfield Foods | 8.77 Bn | 7.42 Bn | 478.00 Mn | 191.00 Mn |
| 10 | Borealis Foods | 35.36 Mn | 34.86 Mn | 838,891.00 | 3.29 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 2.90 Mn |
| Dec 31, 2025 | 3.89 Mn |
| Sep 30, 2025 | 2.97 Mn |
| Jun 30, 2025 | 4.48 Mn |
| Mar 31, 2025 | 3.82 Mn |
| Dec 31, 2024 | 4.87 Mn |
| Sep 30, 2024 | 6.20 Mn |
| Jun 30, 2024 | 5.61 Mn |
| Mar 31, 2024 | 7.22 Mn |
| Dec 31, 2023 | 1.12 Mn |
| Sep 30, 2023 | 1.20 Mn |
| Jun 30, 2023 | 698,329.00 |
| Mar 31, 2023 | 2.12 Mn |
| Dec 31, 2022 | 746,085.00 |
| Sep 30, 2022 | 1.04 Mn |
| Jun 30, 2022 | 537,448.00 |
| Mar 31, 2022 | 565,542.00 |
| Dec 31, 2021 | 401,739.00 |
| Sep 30, 2021 | 7,929.00 |