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| Date | Value |
|---|---|
| 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% |