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

Borealis Foods (BRLSW) recorded quarterly Tax Rate of 0.3% in Q2 2025, down 112.04% quarter-over-quarter from 2.53% in Q4 2024, and down 8.0% on a YoY basis from 0.33% in Q2 2024.

Borealis Foods (BRLSW) 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 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.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Tax Rate (Qtr)
1 Paranovus Entertainment Technology 12,507.92 Bn 12,507.92 Bn - -
2 Kraft Heinz 27.05 Bn 22.98 Bn 2.22 Bn 20.89
3 General Mills 17.93 Bn 17.16 Bn 1.37 Bn 24.28
4 Jbs 13.56 Bn 8.99 Bn 2.32 Bn -21.74
5 Hormel Foods 13.29 Bn 12.44 Bn 518.51 Mn 23.63
6 Mccormick 12.45 Bn 12.85 Bn 708.90 Mn 26.32
7 Magnum Ice Cream 11.94 Bn 11.47 Bn - -
8 J M Smucker 11.83 Bn 11.77 Bn 862.10 Mn -18.47
9 Smithfield Foods 9.80 Bn 8.73 Bn 511.00 Mn 22.29
10 Borealis Foods - - 1.04 Mn -

Historic Data

Download Data
DateValue
Jun 30, 2025 -0.30%
Jun 30, 2025 -0.30%
Dec 31, 2024 2.53%
Dec 31, 2024 2.53%
Sep 30, 2024 -0.02%
Sep 30, 2024 -0.02%
Jun 30, 2024 -0.22%
Jun 30, 2024 -0.22%
Dec 31, 2023 5.01%
Dec 31, 2023 5.01%
Jun 30, 2023 -0.18%
Jun 30, 2023 -0.18%
Mar 31, 2023 0.00%
Mar 31, 2023 0.00%