Borealis Foods (BRLS) Operating Income (2021 - 2025)
Borealis Foods' (BRLS) quarterly Operating Income came in at -$1.9 million in Q3 2025, up 46.84% year-on-year from -$1.3 million in Q3 2024, and up 42.64% quarter-over-quarter from -$3.4 million in Q2 2025.
Borealis Foods (BRLS) Operating Income (2021 - 2025) Analysis & Trends
Borealis Foods' Operating Income history runs 5 years deep, the most recent figure standing at -$1.9 million for Q3 2025.
- On a quarterly basis, Operating Income rose 46.84% year-over-year to -$1.9 million in Q3 2025; TTM through Sep 2025 was -$12.8 million, a 36.84% increase from a year earlier, with the FY2024 full-year figure at -$20.4 million, down 2.28% from the prior year.
- Operating Income climbed to -$1.9 million in Q3 2025 per BRLS's latest filing, from -$3.4 million in the prior quarter.
- Across five years, Operating Income topped out at -$7929.0 in Q3 2021 and bottomed at -$7.0 million in Q1 2024.
- The 5-year median for Operating Income is -$3.4 million (2025), against an average of -$3.0 million.
- Across the five-year window, Operating Income sank 12985.33% in 2022 and jumped 58.17% in 2025, its largest moves.
- Year by year, Operating Income stood at -$401739.0 in 2021, then slumped by 85.71% to -$746085.0 in 2022, then slumped by 505.01% to -$4.5 million in 2023, then declined by 2.38% to -$4.6 million in 2024, then soared by 58.35% to -$1.9 million in 2025.
- Per Business Quant, the three latest BRLS Operating Income figures stand at -$1.9 million (Q3 2025), -$3.4 million (Q2 2025), and -$2.9 million (Q1 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Op. Inc (Qtr) |
|---|---|---|---|---|---|
| 1 | Kraft Heinz | 30.05 Bn | 26.07 Bn | 2.22 Bn | 1.15 Bn |
| 2 | General Mills | 19.11 Bn | 18.67 Bn | 1.60 Bn | -2.09 Bn |
| 3 | Hormel Foods | 13.78 Bn | 12.93 Bn | 518.51 Mn | 217.11 Mn |
| 4 | Mccormick | 13.51 Bn | 13.76 Bn | 778.20 Mn | 276.40 Mn |
| 5 | Magnum Ice Cream | 10.87 Bn | 10.35 Bn | - | - |
| 6 | Smithfield Foods | 10.26 Bn | 8.88 Bn | 511.00 Mn | 333.00 Mn |
| 7 | Darling Ingredients | 10.06 Bn | 10.02 Bn | 404.92 Mn | 226.77 Mn |
| 8 | Conagra Brands | 6.88 Bn | 6.66 Bn | 704.10 Mn | -1.66 Bn |
| 9 | Lamb Weston Holdings | 6.84 Bn | 6.78 Bn | 361.40 Mn | 168.80 Mn |
| 10 | Borealis Foods | 18.67 Mn | 18.61 Mn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Sep 30, 2025 | -1.92 Mn |
| Jun 30, 2025 | -3.36 Mn |
| Mar 31, 2025 | -2.92 Mn |
| Dec 31, 2024 | -4.62 Mn |
| Sep 30, 2024 | -3.62 Mn |
| Jun 30, 2024 | -5.19 Mn |
| Mar 31, 2024 | -6.97 Mn |
| Dec 31, 2023 | -4.51 Mn |
| Sep 30, 2023 | -4.42 Mn |
| Jun 30, 2023 | -6.45 Mn |
| Mar 31, 2023 | -4.56 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 |