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

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 was 0.3% for Q2 2025 at Borealis Foods, down from 2.53% in the prior quarter.
• In the past five years, Tax Rate ranged from a high of 5.01% in Q4 2023 to a low of 0.3% in Q2 2025.
• Historically, Tax Rate has averaged 0.97% across 3 years, with a median of 0.02% in 2024.
• Biggest YoY gain for Tax Rate was 4 bps in 2024; the steepest drop was 248 bps in 2024.
• A 3-year view of Tax Rate shows it stood at 5.01% in 2023, then sank by 49 bps to 2.53% in 2024, then plunged by 112 bps to 0.3% in 2025.
• The last three Tax Rate figures came in at 0.3% (Q2 2025), 2.53% (Q4 2024), and 0.02% (Q3 2024), per Business Quant data.