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BRLSBorealis Foods Inc.
$1.34$28M
Overview & Tools
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BRLS logo

Borealis Foods Inc.

BRLS
NASDAQ · Packaged Foods
$1.34
At close - Sep 23, 4:00 PM EDT - USD
Market Cap$29M
P/E-1.5x
52W High$5.02
Volume3.13K
OverviewTerminalAnalysisFinancialsValuationEarningsBreakoutsOwnership
VCP Research Verdict2025Q4

Persistent Operational Losses Challenge Capital Structure Stability

Borealis Foods faces a precarious fundamental outlook characterized by structural margin deficiencies and a rapidly deteriorating equity base that has shifted to a $19.2 million deficit as of 2025Q4. While the company achieved a 32.3% revenue growth rate in th...

GrowthMixed
ProfitabilityNegative
ValuationReview
TechnicalsWeak
Explore valuation models
MARKET ACTION

BRLS price & volume

Price trend, volume and key moving averages

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Decision Checklist4 Core Signals

What matters now

The signals most likely to change the investment case.

01

Earnings momentum

0/12 Beats

EPS beat 0 of last 12 quarters

02

Valuation risk

-107% Peers

P/E is 107% below peer median

03

Market leadership

RS 80 · Leader

High momentum (Outperforming 80% of market)

04

Weak Trend

Below 200DMA

Price < 200DMA

Next CatalystEstimated earnings · Sep 2

Market performance

Price History →

Trailing total returns as of 9/24/2026, which may include dividends or other distributions. Benchmark is S&P 500 (^GSPC).

YTD Return
BRLS-24.29%
S&P 500 (^GSPC)+12.39%
1-Year Return
BRLS-31.28%
S&P 500 (^GSPC)+15.77%
3-Year Return
BRLS-87.83%
S&P 500 (^GSPC)+75.90%
5-Year Return
BRLS-86.35%
S&P 500 (^GSPC)+71.71%

Growth & profitability

Annual revenue & EPS trend
Revenue
$45M-11.2% YoY
Net income
-$19M+25.1% YoY
Free cash flow
-$6.6B-72855.1% YoY
Operating margin
-24.7%+15.9 pts YoY
ROIC (TTM)-42.7%
Avg ROIC 5Y-
ROE (TTM)-
Piotroski Score3 / 9
Financial Statements →
03

Monitor what changed

Recent results and news deserve attention only when they alter the forward view.

OPERATING RESULTS

Recent Earnings

Earnings History
QuarterEPS (Act vs Est)Revenue (Act vs Est)
Q3 2026Latest
Jun 2, 2026
-$0.30
vs —
—
vs —
Q4 2025
Nov 19, 2025
-$0.18
vs —
$7M
vs —
Q3 2025
Aug 19, 2025
-$0.21
vs —
$7M
vs —
Q2 2025
Apr 21, 2025
-$0.28
vs —
$7M
vs —
Historical baseline: 12 quarters analyzedGAAP / Adjusted
MARKET COVERAGE

Latest News

5 Stories
GlobeNewsWire·Sep 14, 2026
Borealis Foods Expands European Business through Foodvibez Gmbh Launch in Germany

NEW YORK, Sept. 14, 2026 (GLOBE NEWSWIRE) -- Borealis Foods Inc. (Nasdaq: BRLS) (“Borealis” or the “Company”), an integrated food science and manufacturing company, today announced the expansion of its international business through the launch of high-protein noodles under the Niom Niom brand in Germany.

GlobeNewsWire·Sep 2, 2026
Borealis Foods Inc. Receives Expected Notification of Deficiency from Nasdaq Related to Delayed Filing of Quarterly Report on Form 10-Q for Fiscal Quarter Ended June 30, 2026

NEW YORK, Sept. 02, 2026 (GLOBE NEWSWIRE) -- Borealis Foods Inc. (Nasdaq: BRLS) (the “Company”) today announced that on August 26, 2026, the Company received a notice (the “Notice”) from The Nasdaq Stock Market LLC (“Nasdaq”) indicating that the Company is not in compliance with Nasdaq Listing Rule 5250(c)(1) due to the Company's failure to timely file its Quarterly Report on Form 10-Q for the fiscal quarter ended June 30, 2026 (the “Q2-2026 Form 10-Q”) with the Securities and Exchange Commission (the “SEC”). The Notice has no immediate effect on the listing or trading of the Company's Common Shares or Warrants on the Nasdaq Capital Market.

GlobeNewsWire·Aug 26, 2026
Borealis Foods' U.S. School Foodservice Revenue Grows 110% Year Over Year Amid National Expansion

NEW YORK, Aug. 26, 2026 (GLOBE NEWSWIRE) -- Borealis Foods Inc. (Nasdaq: BRLS), a food technology and manufacturing company, today announced continued national expansion in the U.S. K–12 foodservice market, with revenue from the channel increasing 110% compared with the prior-year period. Since entering the school foodservice channel, Borealis Foods has expanded its presence to more than 20,000 schools representing approximately 2,500 school districts.

GlobeNewsWire·Jul 15, 2026
Borealis Foods Expands Access to Protein-Rich Chef Woo Noodles Through Costco

Borealis Foods launches Chef Woo High-Protein Noodles at Costco amid rising weight loss demand for convenient, nutrient-dense foods and complete protein.

Filtered for Borealis Foods Inc.More Headlines
04

Compare before deciding

Benchmark BRLS against direct peers instead of judging its metrics in isolation.

Peers Comparison

Key metrics vs top competitors for Borealis Foods Inc. (BRLS)

Full Screener →
CompanyPriceMarket CapP/E RatioRev Growth (1Y)Net MarginROEDiv Yield
BRLS logoBRLSBorealis Foods Inc.Current
$1.34$28.76M-1.51-11.21%-42.53%——
SMPL logoSMPLThe Simply Good Foods Company
$9.59$848.15M9.408.98%-14.28%-12.33%—
HAIN logoHAINThe Hain Celestial Group, Inc.
$0.55$49.64M-0.09-10.17%-22.53%-106.47%—
NOMD logoNOMDNomad Foods Limited
$10.71$1.5B10.34-2.17%4.19%4.96%—
CPB logoCPBCampbell Soup Company
$20.34$6.07B10.126.4%4.14%9.98%—
GIS logoGISGeneral Mills, Inc.
$35.82$19.12B-223.88-5.45%-0.48%-0.98%—

Compare BRLS vs Peers

Borealis Foods Inc. (BRLS) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.

Closest Rival

vs SMPL

Most directly comparable listed peer for BRLS.

Scale Benchmark

vs MDLZ

Larger-name benchmark to compare BRLS against a more recognizable public peer.

Peer Set

Compare Top 5

vs SMPL, HAIN, NOMD, CPB

05

Keep researching

Verify the primary filings, follow material updates, and answer the remaining questions.

BRLS SEC Filings & Documents

Borealis Foods Inc. (BRLS) SEC filings — annual & quarterly reports (10-K, 10-Q)

8-K Announcements

6
Material company update

Jul 8, 2026·SEC

Material company update

Jun 30, 2026·SEC

Material company update

Jun 4, 2026·SEC

10-K Annual Reports

3
FY 2026

Jun 2, 2026·SEC

FY 2025

Apr 15, 2025·SEC

FY 2024

Apr 15, 2024·SEC

10-Q Quarterly Reports

6
FY 2026

Jun 30, 2026·SEC

FY 2025

Nov 19, 2025·SEC

FY 2025

Aug 19, 2025·SEC

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BRLS Frequently Asked Questions

Borealis Foods Inc. (BRLS) stock FAQ — growth, dividends, profitability & financials explained

Growth & Financials
What is Borealis Foods Inc.'s revenue?

Borealis Foods Inc. (BRLS) reported $34.9M in revenue for fiscal year 2025. This represents a 48% increase from $23.6M in 2021.

How fast is Borealis Foods Inc. growing?

Borealis Foods Inc. (BRLS) saw revenue decline by 11.2% over the past year.

Is BRLS profitable?

Borealis Foods Inc. (BRLS) reported a net loss of $18.3M for fiscal year 2025.

Dividend & Returns
What is Borealis Foods Inc.'s free cash flow?

Borealis Foods Inc. (BRLS) had negative free cash flow of $128.1M in fiscal year 2025, likely due to heavy capital investments.

What if you invested $1,000 in BRLS back in 2021?

Total return calculator · dividends reinvested · 5+ years of data

See returns →