Stocks Consumer staples BRLS
NASDAQ · Consumer staplesBorealis Foods Inc. (BRLS)
Borealis Foods Inc. brought in $32M of revenue over the twelve months to March 31, 2026. It posted a net loss of $18.3M. At March 31, 2026 it held $500K in cash. Its latest periodic report to the SEC is the annual report (amended) (10-K/A) filed on September 30, 2026.
Key facts about Borealis Foods Inc.
- Net worth
- Borealis Foods Inc. has a market value (market cap) of $22.1M at the latest share price, and shareholders' equity of -$22.7M on its balance sheet at March 31, 2026. A company's "net worth" usually means one of these: what the market pays for all its shares, or its assets minus its liabilities.
- Revenue and profit
- In fiscal 2025 revenue was $31.5M (+8.2% year on year), with a net loss of $19M. Over the 12 months to March 31, 2026: revenue $32M, net loss $18.3M.
- Cash flow
- In fiscal 2025 operations used $6.6M of cash.
- Latest report
- The latest periodic report (annual report (amended), 10-K/A) was filed with the SEC on September 30, 2026 and covers the period to December 31, 2025. Open on SEC EDGAR
What Borealis Foods Inc. does
Borealis Foods Inc. is registered with the SEC under industry code SIC 2000 (Food and Kindred Products). Its shares trade on NASDAQ under the ticker BRLS.
Revenue and profit by year
Key figures
| Fiscal year | Revenue | Net income | Diluted EPS | Free cash flow |
|---|---|---|---|---|
| 2025 | $31.5M | -$19M | -$0.89 | n/a |
| 2024 | $29.1M | -$25.3M | -$1.25 | -$16.7M |
| 2023 | $31.4M | -$27.5M | -$2.56 | -$22.5M |
| 2022 | n/a | -$302.5K | n/a | n/a |
Earnings: every quarter and the next report date
Full financial statements: income, balance sheet and cash flow
Where BRLS ranks in Consumer staples
Latest SEC filings
What Borealis Foods Inc. has filed recently, newest first. Each links to the original document on SEC EDGAR.
- September 30, 2026Annual report (amended) 10-K/A · period to December 31, 2025Revenue rose 8.2% to $31.5M versus the prior year; diluted EPS -$0.89 versus -$1.25.
- September 1, 2026
- August 26, 2026
- August 14, 2026Late quarterly report notice NT 10-Q
- July 29, 2026Annual report (amended) 10-K/A · period to December 31, 2025Revenue rose 8.2% to $31.5M versus the prior year; diluted EPS -$0.89 versus -$1.25.
- July 10, 2026Passive stake changed SCHEDULE 13G/A
- July 8, 2026
- June 30, 2026Quarterly report 10-Q · period to March 31, 2026Revenue rose 7.7% to $7.8M versus the same quarter last year; diluted EPS -$0.16 versus -$0.20.
- June 30, 2026
- June 4, 2026
Insider trades
What the people running Borealis Foods Inc. did with its shares, from the Form 4 filings they must send the SEC within two business days.
No insider trades were reported in the last 90 days.
| Date | Insider | What | Shares | Value |
|---|---|---|---|---|
| January 12, 2026 | Soltanzadeh RezaChief Executive Officer, Director, 10% owner | Other changeindirect | 500,000 | - |
| January 12, 2026 | Helg BarthelemyDirector | Other change | 500,000 | - |
Who owns BRLS
Three views from three kinds of SEC filings, each with its own date. They overlap and are not added up.
5% holders
| Holder | Of class | Filed |
|---|---|---|
| Oxus Capital PTE. LTD.13D, may seek influence with 1 related filers | 39.09% | May 29, 2026 |
| Alta Partners LLC13G, passive | 7.5% | July 10, 2026 |
Largest institutional holders
Insiders
3 insiders reported holding 11,053,038 shares in total, about $11.4M at the last price.
| Holder | Shares |
|---|---|
| Oxus Capital PTE. LTD.10% owner | 5,302,477 |
| Soltanzadeh RezaChief Executive Officer, Director, 10% owner | 3,032,5053,032,505 held indirectly |
| Helg BarthelemyDirector | 2,718,056 |
Questions about BRLS
What does Borealis Foods Inc. do?
Borealis Foods Inc. is a company in the Consumer staples sector, listed on NASDAQ as BRLS. Its shares trade on NASDAQ under the ticker BRLS.
What is Borealis Foods Inc.'s net worth?
Borealis Foods Inc. has a market value (market cap) of $22.1M at the latest share price, and shareholders' equity of -$22.7M on its balance sheet at March 31, 2026. A company's "net worth" usually means one of these: what the market pays for all its shares, or its assets minus its liabilities.
Is Borealis Foods Inc. profitable?
No. Over the twelve months to March 31, 2026 it reported a net loss of $18.3M on revenue of $32M.
How much revenue does Borealis Foods Inc. make?
Over the twelve months to March 31, 2026 Borealis Foods Inc. reported revenue of $32M.
When did Borealis Foods Inc. last report?
Its most recent periodic report is the annual report (amended) (10-K/A) filed on September 30, 2026. It covers the period to December 31, 2025.
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Where the numbers come from
Financial figures are the values Borealis Foods Inc. tagged in its own SEC filings (XBRL), taken from the latest filing for each period, so restatements replace older figures. Revenue, profit and cash flow are for full fiscal years unless marked as the last twelve months, which is the sum of the four most recent quarters. Where a company reports only the full year, the fourth quarter is the year minus the first three.
Prices are delayed end-of-day market data in the listing currency, and market cap moves with the price. P/E is shown only when earnings per share are positive. Nothing here is investment advice.