Borealis Foods (BRLS) Operating Margin (2023 - 2026)
Borealis Foods' Operating Margin was -26.49% in Q1 2026, up 13.89 percentage points from -40.38% a year earlier and up 4.00 percentage points from the prior quarter.
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Analysis
Borealis Foods (BRLS) Operating Margin (2023 - 2026) Analysis & Trends
On a trailing twelve-month basis, Borealis Foods' Operating Margin was -31.78% through Mar 31, 2026, up 26.94 percentage points year-over-year; for FY2025, it was -35.06%, up 35.06 percentage points from FY2024.
- In earlier years, Operating Margin was -70.12% in FY2024 (-6.54 pp) and -63.58% in FY2023.
- Quarterly Operating Margin has moved between -94.76% (Q2 2024) and -26.14% (Q3 2025) over five years.
- Compared with a year earlier, Operating Margin has increased for five straight quarters, with an average year-over-year change of +20.36 percentage points over the last eight quarters.
- The best year-over-year quarter for Operating Margin over five years was Q2 2025 (a gain of 50.46 percentage points); the worst was Q1 2024 (a drop of 30.20 percentage points).
- Per Business Quant data, BRLS's Operating Margin in the three quarters before Q1 2026 was -30.48% (Q4 2025), -26.14% (Q3 2025) and -44.30% (Q2 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Unilever | 146.13 Bn | 97.59 Bn | - | - |
| 2 | Mondelez International | 83.52 Bn | 76.79 Bn | 3.99 Bn | 20.80% |
| 3 | Hershey | 35.34 Bn | 31.58 Bn | 1.26 Bn | 23.06% |
| 4 | Kraft Heinz | 29.67 Bn | 16.09 Bn | 2.03 Bn | -102.70% |
| 5 | General Mills | 18.81 Bn | 16.45 Bn | 1.49 Bn | 14.43% |
| 6 | J M Smucker | 14.20 Bn | 13.99 Bn | 979.60 Mn | 23.05% |
| 7 | Mccormick | 13.07 Bn | 12.13 Bn | 794.90 Mn | 10.72% |
| 8 | Hormel Foods | 11.74 Bn | 8.40 Bn | 471.52 Mn | 3.75% |
| 9 | Chewy | 9.07 Bn | 6.36 Bn | 1.01 Bn | 2.76% |
| 10 | Borealis Foods | 22.07 Mn | 21.17 Mn | 838,891.00 | -26.49% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Mar 31, 2026 | -26.49% |
| Dec 31, 2025 | -30.48% |
| Sep 30, 2025 | -26.14% |
| Jun 30, 2025 | -44.30% |
| Mar 31, 2025 | -40.38% |
| Dec 31, 2024 | -65.42% |
| Sep 30, 2024 | -44.84% |
| Jun 30, 2024 | -94.76% |
| Mar 31, 2024 | -82.19% |
| Dec 31, 2023 | -60.13% |
| Sep 30, 2023 | -53.51% |
| Jun 30, 2023 | -94.45% |
| Mar 31, 2023 | -51.99% |
API Access
Borealis Foods Operating Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=operating-margin&ticker=BRLS&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-margin", "ticker": "BRLS", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=operating-margin&ticker=BRLS&period=max&api_key=YOUR_API_KEY");
const data = await res.json();