Borealis Foods (BRLS) Operating Expenses (2021 - 2025)

Borealis Foods' Operating Expenses history runs 5 years deep, the most recent figure standing at $3.0 million for Q3 2025.

• On a quarterly basis, Operating Expenses fell 52.18% year-over-year to $3.0 million in Q3 2025; TTM through Dec 2025 was $9.9 million, a 58.6% decrease from a year earlier, with the FY2024 full-year figure at $22.6 million, up 340.35% from the prior year.
• Operating Expenses declined to $3.0 million in Q3 2025 per BRLS's latest filing, from $3.1 million in the prior quarter.
• Across five years, Operating Expenses topped out at $7.2 million in Q1 2024 and bottomed at $7929.0 in Q3 2021.
• The 5-year median for Operating Expenses is $1.2 million (2023), against an average of $2.5 million.
• Across the five-year window, Operating Expenses jumped 12985.33% in 2022 and slumped 52.18% in 2025, its largest moves.
• Year by year, Operating Expenses stood at $401739.0 in 2021, then soared by 85.71% to $746085.0 in 2022, then surged by 49.76% to $1.1 million in 2023, then jumped by 336.12% to $4.9 million in 2024, then tumbled by 39.14% to $3.0 million in 2025.
• Per Business Quant, the three latest BRLS Operating Expenses figures stand at $3.0 million (Q3 2025), $3.1 million (Q2 2025), and $3.8 million (Q1 2025).