Borealis Foods BRLS
NASDAQ BRLS
$1.75 +0.84 (+92.31%)
At close: Aug 20, 2026 · 4:00 PM EDT

Borealis Foods (BRLS) Tax Rate (2023 - 2025)

Borealis Foods (BRLS) posted quarterly Tax Rate of 0.3% for Q2 2025, down 8.0% year-over-year from 0.33% in Q2 2024, and down 112.04% quarter-over-quarter from 2.53% in Q4 2024.

Borealis Foods (BRLS) Tax Rate (2023 - 2025) Analysis & Trends

Borealis Foods' Tax Rate history runs 3 years deep, the most recent figure standing at 0.3% for Q2 2025.

  • In Q2 2025, Tax Rate fell 8.0% year-over-year to 0.3%; the TTM figure through Sep 2025 stood at 0.73% (down 53.0% YoY), while the FY2024 annual figure was 0.53%, down 68.0% from the prior year.
  • Tax Rate for Q2 2025 stood at 0.3%, down from 2.53% in the prior quarter.
  • The five-year high for Tax Rate was 5.01% in Q4 2023, with the low at 0.3% in Q2 2025.
  • The 3-year median for Tax Rate is 0.02% (2024), against an average of 0.97%.
  • Peak annual rise in Tax Rate reached 4 bps in 2024, while the deepest fall reached 248 bps in 2024.
  • Borealis Foods' Tax Rate stood at 5.01% in 2023, then sank by 49 bps to 2.53% in 2024, then tumbled by 112 bps to 0.3% in 2025.
  • Business Quant data shows BRLS's Tax Rate at 0.3% in Q2 2025, 2.53% in Q4 2024, and 0.02% in Q3 2024.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Tax Rate (Qtr)
1 Kraft Heinz 30.23 Bn 27.54 Bn 2.03 Bn 14.37%
2 General Mills 21.36 Bn 20.90 Bn 1.60 Bn 10.77%
3 Mccormick 14.89 Bn 14.56 Bn 778.20 Mn 28.84%
4 Jbs 14.54 Bn 11.07 Bn 4.91 Bn 56.69%
5 Hormel Foods 13.26 Bn 12.40 Bn 518.51 Mn 23.63%
6 J M Smucker 13.17 Bn 13.11 Bn 862.10 Mn -18.47%
7 Magnum Ice Cream 12.10 Bn 11.38 Bn - -
8 Darling Ingredients 10.78 Bn 10.62 Bn 503.37 Mn 22.13%
9 Smithfield Foods 8.77 Bn 7.42 Bn 478.00 Mn 21.40%
10 Borealis Foods 35.36 Mn 34.86 Mn 838,891.00 -

Historic Data

Download Data
DateValue
Dec 31, 2025 61.84%
Dec 31, 2025 61.84%
Dec 31, 2025 61.84%
Jun 30, 2025 -0.30%
Jun 30, 2025 -0.30%
Jun 30, 2025 -0.30%
Dec 31, 2024 2.53%
Dec 31, 2024 2.53%
Dec 31, 2024 2.53%
Sep 30, 2024 -0.02%
Sep 30, 2024 -0.02%
Sep 30, 2024 -0.02%
Jun 30, 2024 -0.22%
Jun 30, 2024 -0.22%
Jun 30, 2024 -0.22%
Dec 31, 2023 5.01%
Dec 31, 2023 5.01%
Dec 31, 2023 5.01%
Jun 30, 2023 -0.18%
Jun 30, 2023 -0.18%