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

Borealis Foods' (BRLS) quarterly Operating Margin came in at 27.1% in Q3 2025, up 1774.0% year-on-year from 1.45% in Q3 2024, and up 41.96% quarter-over-quarter from 46.69% in Q2 2025.

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

Borealis Foods' Operating Margin history runs 3 years deep, the most recent figure standing at 27.1% for Q3 2025.

  • On a quarterly basis, Operating Margin rose 1774.0% year-over-year to 27.1% in Q3 2025; TTM through Sep 2025 was 45.95%, a 2769.0% increase from a year earlier, with the FY2024 full-year figure at 73.75%, down 722.0% from the prior year.
  • Operating Margin rose to 27.1% in Q3 2025 per BRLS's latest filing, from 46.69% in the prior quarter.
  • Across five years, Operating Margin topped out at 27.1% in Q3 2025 and bottomed at 94.77% in Q2 2024.
  • The 3-year median for Operating Margin is 57.25% (2023), against an average of 62.98%.
  • Across the five-year window, Operating Margin slumped 3369 bps in 2024 and soared 4808 bps in 2025, its largest moves.
  • Year by year, Operating Margin stood at 73.82% in 2023, then advanced by 7 bps to 68.36% in 2024, then jumped by 60 bps to 27.1% in 2025.
  • Per Business Quant, the three latest BRLS Operating Margin figures stand at 27.1% (Q3 2025), 46.69% (Q2 2025), and 42.61% (Q1 2025).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Operating Margin (Qtr)
1 Kraft Heinz 30.05 Bn 26.07 Bn 2.22 Bn 18.94%
2 General Mills 19.11 Bn 18.67 Bn 1.60 Bn -45.40%
3 Hormel Foods 13.78 Bn 12.93 Bn 518.51 Mn 7.30%
4 Mccormick 13.51 Bn 13.76 Bn 778.20 Mn 14.27%
5 Magnum Ice Cream 10.87 Bn 10.35 Bn - -
6 Smithfield Foods 10.26 Bn 8.88 Bn 511.00 Mn 8.76%
7 Darling Ingredients 10.06 Bn 10.02 Bn 404.92 Mn 14.62%
8 Conagra Brands 6.88 Bn 6.66 Bn 704.10 Mn -57.54%
9 Lamb Weston Holdings 6.84 Bn 6.78 Bn 361.40 Mn 9.54%
10 Borealis Foods 18.67 Mn 18.61 Mn - -

Historic Data

Download Data
DateValue
Sep 30, 2025 -27.10%
Jun 30, 2025 -46.69%
Mar 31, 2025 -42.61%
Dec 31, 2024 -68.36%
Sep 30, 2024 -44.84%
Jun 30, 2024 -94.77%
Mar 31, 2024 -88.32%
Dec 31, 2023 -73.82%
Sep 30, 2023 -57.25%
Jun 30, 2023 -94.45%
Mar 31, 2023 -54.63%