Borealis Foods Inc. BRLS

1.39 0.05 3.73% as of 25 Sep
Market cap
$28.8M
P/E
0.0×

Insider Decisions

in millions of $
Nov 25 Feb 26 May 26 Aug 26
Buy — — — — — — — — — — — —
Sell — — — — — — — — — — — —
Insider Ownership 69.81%

Capital & Financial Ratios

Market Cap 28.77
Revenue 30.60
Net Income (18.30)
Free Cash Flow (5.35)
Net Debt (0.17)
Current Ratio 0.10
Debt/Equity (0.01)
P/E ratio 0.00
P/S ratio 0.97
P/B ratio 0.00
Past 5Y EPS Growth —
This Y EPS Growth —
Next Y EPS Growth —
Next 5Y EPS Growth —
in millions of $

Dividends

Payout Ratio 0.00
Annual Dividend Rate —
Annual Dividend Yield —

Assets vs Liabilities

2023 2024 2025 Q'26
Cash 8 1 0 0
Receivables 2 2 3 2
Inventory 7 8 5 4
Other — — — —
17 12 8 7
2023 2024 2025 Q'26
Payables 11 12 16 17
ST’ Debt — — — —
Other — — — —
67 25 70 72
in millions of $

Compound Annual Growth

10y 5y 3y
Sales — — —
Cash Flow — 0.00% 0.00%
Earnings — 0.00% 0.00%
Book Value — 0.00% 0.00%

Revenue

Mar Jun Sep Dec Year
’26 7 — — — —
’25 7 7 7 9 30
’24 8 5 8 7 28
in millions of $ · fiscal quarters ending in the months shown

Operating Cash Flow

Mar Jun Sep Dec Year
’26 0 — — — —
’25 (1) (2) 0 (3) (7)
’24 (7) (4) (3) (1) (15)
’23 (6) (5) (5) (2) (18)
’22 0 0 0 (1) (2)
’22 — — — — (2)
’21 0 0 0 (1) (1)
in millions of $ · fiscal quarters ending in the months shown

Free Cash Flow

Mar Jun Sep Dec Year
’26 0 — — — —
’25 (1) (2) 0 (3) (7)
’24 (7) (5) (4) (1) (17)
’23 (7) (7) (6) (3) (22)
’22 0 0 0 (1) (2)
’22 — — — — (2)
’21 0 0 0 (1) (1)
in millions of $ · fiscal quarters ending in the months shown

EPS

Mar Jun Sep Dec Year
’26 (0.16) — — — —
’25 (0.20) (0.21) (0.18) (0.30) (0.89)
’24 (0.49) (0.29) (0.23) (0.27) (1.25)
’23 (0.55) (0.77) (0.61) (0.62) (2.56)
’22 (0.12) (0.06) (0.05) 0.04 (0.07)
’22 — — — — (0.01)
’21 0.00 — 0.00 (0.02) (0.10)
fiscal quarters ending in the months shown

Target Price Range

Analyst price targets

Recommendation Rating

1Buy 2 3Hold 4 5Sell
2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028
— — — — — 9.76 9.83 9.51 3.71 1.51

Analyst estimates 2026–2028

Powerpack
Low Price
— — — — — 10.14 10.66 11.31 12.50 7.49
High Price
— — — — — 2 2 176 147 140
Employees
— — — — — 0 0 0 0 0
Revenue/Emp
— — — — — — — 30 28 30
Revenue
— — — — — — — (4.35%) 7.91% 11.67%
Gross Margin
— — — — — 0 0 (28) (25) (19)
EBT
— — — — — 0.00% 0.00% (92.76%) (92.02%) (63.32%)
EBT Margin
— 0 — — — 0 0 (27) (25) (19)
Net Income
— — — — — — — 4 3 2
Depreciation
— — — — — 0.00 0.00 2.79 1.36 1.40
Revenue/Sh
— — — — — (0.10) (0.07) (2.56) (1.25) (0.89)
Earnings/Sh
— — — — — (0.14) (0.46) (1.67) (0.74) (0.31)
Cash Flow/Sh
— — — — — 0.00 0.00 (0.42) (0.10) 0.00
Capex/Sh
— — — — — (0.14) (0.46) (2.09) (0.84) (0.31)
Free CF/Sh
— — — — — 0.31 (0.34) (1.99) (0.03) (0.90)
Book Value/Sh
— — — — — 4 5 11 20 21
Shares
— — — — — — — 0.00 0.00 0.00
PE Ratio
— — — — — — — 4.05 4.37 1.42
PS Ratio
— — — — — — — 0.00 0.00 0.00
PB Ratio
— — — — — — — 4.41 5.57 1.44
EV/Sales
— — — — — — — (5.88) (9.21) (6.49)
EV/FCF
— — — — — (1) (2) (18) (15) (7)
Op' Cash Flow
— — — — — — — (4) (2) 0
Capex
— — — — — (1) (2) (22) (17) (7)
FCF
— — — — — 1 (2) (50) (14) (62)
Working Cap'
— — — — — — 2 18 34 0
Total Debt
— — — — — (1) (1) 11 33 0
Net Debt
— — — — — 1 (2) (21) (1) (19)
Sh' Equity
— — — — — (0.23%) (0.04%) (22.41%) (40.27%) (33.72%)
ROA
— — — — — (150.68%) 0.00% 0.00% (39.27%) 0.00%
ROIC
— — — — — (0.46%) (0.07%) 239.66% 229.80% 190.49%
ROE
predictions in italic, sparklines do not include predictions

All 10 years →

Fiscal years to Dec 2025 · latest quarter Mar 2026

Borealis Foods Inc. (BRLS) key facts

  • Borealis Foods Inc. (BRLS) is a Packaged Foods company in the Consumer Defensive sector, listed on Nasdaq.
  • Borealis Foods Inc.’s revenue for fiscal 2025 (year ended December 2025) was $30.1 million, up 8.71% from fiscal 2024.
  • As of September 25, 2026, BRLS traded at $1.39, a market capitalization of $28.8 million.
  • Return on equity was 190.5% and debt-to-equity -0.01.

Source: company filings (standardised) and stockrow calculations.

Borealis Foods Inc. (BRLS) Latest News

News by impact score

Fine-tune

14 Sep

3

Borealis Foods Inc. expands European business by launching Foodvibez Gmbh in Germany. German subsidiary launch enables European market entry with moderate effects on operations and growth.

26 Aug

4

Borealis Foods Inc. achieves 110% year-over-year growth in U.S. school foodservice revenue amid national expansion. 110% revenue growth in school foodservice drives major gains in trajectory and investor sentiment.

15 Jul

4

Borealis Foods Inc. expands access to protein-rich Chef Woo Noodles through Costco. Costco distribution deal expands product reach and lifts sales potential.

10 Jul

4

Borealis Foods CEO announces manufacturing partnerships with leading global food companies and expanding new product rollout in U.S. and Canada. Manufacturing partnerships and product expansions represent major strategic moves that could substantially boost market position and performance.

28 Apr

4

Borealis Foods Inc. (BRLS) secured a $17.0 million refinancing transaction with Oxus Capital to repay its Frontwell facility and support ongoing operations. Refinancing $17 million in debt improves liquidity and financial health, enabling sustained operations and positively influencing market performance.

9 Feb

3

Borealis Foods Inc. (BRLS) has been identified as one of the most active stocks in the market, indicating heightened trading activity and interest among investors. This surge in activity may reflect broader market trends or specific developments related to the company, potentially influencing its stock performance and investor sentiment. Increased trading activity suggests a moderately noticeable influence on market sentiment and potential financial performance.

8 Sep

4

Borealis Foods Inc. (BRLS) has received national recognition for its innovative products and reported strong financial results for Q2, showcasing significant revenue growth and improved profitability. The company attributes its success to strategic initiatives and enhanced operational efficiencies, positioning itself favorably in the competitive food industry. Strong Q2 results and national recognition indicate significant positive momentum and potential for future growth.

27 May

3

Borealis Foods' CEO Reza Soltanzadeh has issued a letter to shareholders outlining the company's strategic vision and recent developments. The letter emphasizes the commitment to innovation and sustainability while addressing market challenges. Soltanzadeh highlights key achievements and future goals aimed at enhancing shareholder value and positioning the company for growth in a competitive landscape. The letter outlines strategic initiatives that may influence the company's market positioning and financial performance.

23 Jan

4

Insiders hold a significant 57% stake in Borealis Foods Inc. (NASDAQ:BRLS), indicating strong confidence in the company's future. This level of insider ownership often suggests that executives and board members are aligned with shareholders' interests, potentially leading to strategic decisions that favor long-term growth and stability. High insider ownership typically correlates with strategic alignment and can significantly influence company performance and investor sentiment.

13 Nov

4

Borealis Foods' Palmetto Gourmet Foods to exclusively produce a leading global ramen brand for a major multinational food company in its US factory. The exclusive production agreement with a major multinational food company is expected to significantly impact Borealis Foods' future performance and market positioning.

4 Nov

4

Borealis Foods Inc. has sold over 2 million units of their ramen products on Amazon, experiencing significant growth in online sales and subscription services. The successful milestone of selling over 2 million units on Amazon, along with the introduction of new products and collaborations, is expected to have a significant impact on Borealis Foods Inc.'s future performance and market positioning.

31 Oct

4

Borealis Foods expands distribution at Walmart with new ramen flavors crafted by Chef Gordon Ramsay. Expansion into Walmart with new high-protein ramen flavors by a renowned chef is expected to significantly impact Borealis Foods' future performance and market positioning.

23 Sep

4

Borealis Foods successfully introduces Woodles into over 4,000 U.S. school lunch programs, promoting healthy eating for students. Expansion into school nutrition with Woodles expected to significantly impact revenue and gross profit in the future.

10 Sep

4

Texas Tech University study shows that Borealis Foods' high-protein ramen reduces caloric intake at next meal by 10% and fat/sodium intake by 10% as well. The study findings have the potential to significantly impact Borealis Foods' future product development and market positioning.

9 Sep

4

Borealis Foods Inc. CEO to present at 26th Annual H.C. Wainwright Global Investment Conference in New York City. CEO presenting at major investment conference with focus on future growth and strategic developments.

16 Aug

4

Borealis Foods Inc.'s market cap increased by US$27m, insiders receive a 57% cut. Significant impact likely on future and performance due to high insider ownership and market cap increase.

15 Aug

4

Borealis Foods CEO Reza Soltanzadeh issues letter to shareholders highlighting continued gross margin expansion and expectation for stronger second half of 2024. The CEO's letter outlines significant strategic developments and initiatives that are expected to have a significant impact on the company's future performance and market positioning.

23 May

4

Borealis Foods CEO Reza Soltanzadeh issues letter to shareholders outlining recent product mix improvement and investments in growth. The article highlights significant strategic moves and product innovations that are expected to have a major impact on Borealis Foods Inc.'s future performance.

16 Apr

4

Borealis Foods CEO Reza Soltanzadeh issues letter to shareholders providing corporate update. Major strategic moves, significant product launches, and partnerships with key figures are expected to significantly alter the company's trajectory and investor sentiment.

3 Apr

4

Borealis Foods partners with Sam's Club and Feeding America for 'Fight Hunger. Spark Change.' campaign, offering Chef Woo High Protein Ramen in stores. The partnership with major retailers and a leading hunger-relief organization is expected to significantly impact Borealis Foods' future market performance and brand recognition.

18 Feb

3

Individual investors own 60% of Borealis Foods Inc. (NASDAQ:BRLS), insiders hold 40%. Ownership breakdown may moderately influence governance decisions and shareholder power.

14 Feb

4

Borealis Foods Inc. to ring Nasdaq closing bell in celebration of recent listing on the exchange. The event of ringing the Nasdaq closing bell signifies a significant milestone in the company's trajectory and investor sentiment.

stockrow.com/BRLS · Data as of Mar 31, 2026 · For information only; not investment advice. · © 2026 stockrow.com