Borealis Foods (BRLSW) EBITDA (2021 - 2025)

Borealis Foods' EBITDA history runs 5 years deep, the most recent figure standing at -$1.9 million for Q3 2025.

• In Q3 2025, EBITDA rose 46.84% year-over-year to -$1.9 million; the TTM figure through Sep 2025 stood at $25.9 million (up 234.16% YoY), while the FY2024 annual figure was $18.2 million, up 213.64% from the prior year.
• EBITDA was -$1.9 million for Q3 2025 at Borealis Foods, up from -$3.2 million in the prior quarter.
• In the past five years, EBITDA ranged from a high of $35.7 million in Q1 2025 to a low of -$6.4 million in Q2 2023.
• Historically, EBITDA has averaged -$621893.9 across 5 years, with a median of -$2.6 million in 2025.
• The sharpest annual moves came in 2022 and 2025: EBITDA sank 12985.33% in 2022, then jumped 696.82% in 2025.
• A 5-year view of EBITDA shows it stood at -$401739.0 in 2021, then plunged by 85.71% to -$746085.0 in 2022, then plunged by 505.01% to -$4.5 million in 2023, then declined by 2.38% to -$4.6 million in 2024, then soared by 58.35% to -$1.9 million in 2025.
• The last three EBITDA figures came in at -$1.9 million (Q3 2025), -$3.2 million (Q2 2025), and $35.7 million (Q1 2025), per Business Quant data.