NASDAQ · Packaged Foods · USD

Borealis Foods Inc. (BRLS) Stock Analysis

Borealis Foods Inc. (BRLS) is a Packaged Foods stock listed on NASDAQ and quoted in US Dollar.

Last Updated: October 21, 2026

BRLS

$1.17

+$0.25 (+27.17%)

Oct 21, 2026 · Market close

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Price History

Hover for the daily close. The dotted line marks the period open.

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BRLS Key Statistics

As of Oct 21, 2026

Trading

Open: $0.92
Previous Close: $0.92
Day's Range: 0.92–1.17
52-Week Range: 0.60–3.99
Volume: 7.60K
Beta: 0.43

Valuation

Market Cap: $24.25M
P/E Ratio: unprofitable
P/S ratio: 0.79
EPS (ttm): −0.85

Financials (FY)

Revenue (FY): $30.08M+8.71%
Net Income (FY): −$18.98M
Profit margin: −59.81%
Shares Outstanding: 21.46M
1-Year Return: −64.86%

Dividend and dates

Avg Volume: 812.00K

Only metrics the company reports are shown. Data provided by Yahoo Finance via yfinance. Updated daily.

Key facts

As of October 21, 2026, BRLS closed at $1.17, −64.86% over 1 year.

Borealis Foods Inc. (BRLS) has a market capitalization of $24.25M.

In fiscal 2025, BRLS reported revenue of $30.08M.

BRLS Stock Return by Calendar Year

Borealis Foods Inc. (BRLS) return since Oct 2021: what $10,000 became

1 year: $10,000 $3,514; −64.86%
5 years: $10,000 $1,187; −88.13%
Since Oct 2021: $10,000 $1,191; −88.09%

If you had invested $10,000 in Borealis Foods Inc. (BRLS) at the close on October 6, 2021, the earliest close on record here, it would have been worth $1,191 at the close on October 21, 2026: −88.09% in total, −34.43% a year, over a partial period shorter than 10 years. A historical calculation from closing prices adjusted for splits and dividends, before fees and taxes.

Calendar-year returns computed from daily closing prices. Partial years are shown muted and marked with an asterisk.

+0.61%+4.55%+9.49%−47.28%−66.46%−41.50%

2021*20222023202420252026*

Year	Return
2026 (partial year)	−41.50%
2025	−66.46%
2024	−47.28%
2023	+9.49%
2022	+4.55%
2021 (partial year)	+0.61%

As of October 21, 2026.

BRLS Revenue and Earnings by Fiscal Year

FY ends December

RevenueNet income

2022202320242025

Fiscal year	Revenue	Net income	Net margin
2025	$30.08M	−$18.98M	−63.1%
2024	$27.67M	−$25.33M	−91.5%
2023	$29.98M	−$27.48M	−91.6%
2022	$0.00	−$302.54K	—

Fiscal year	Revenue	Gross profit	Operating income	Net income	Net margin
2025	$30.08M	$3.51M	−$11.04M	−$18.98M	−63.1%
2024	$27.67M	$2.19M	−$20.40M	−$25.33M	−91.5%
2023	$29.98M	−$1.30M	−$19.65M	−$27.48M	−91.6%
2022	$0.00	−$8.07M	−$2.89M	−$302.54K	—

Annual figures as reported, in the company's reporting currency. As of December 31, 2025.

BRLS Valuation vs Packaged Foods Median

Median of 70 stocks

Metric	BRLS	Packaged Foods median	vs median
P/S ratio	0.79	0.67	19% above
Profit margin	−59.81%	2.27%	62.1 pts below

Medians across 70 Packaged Foods stocks that report the metric. Medians, not averages, so one outlier cannot move them. As of October 21, 2026.

Recent News

News provided by third-party sources. Not financial advice.

Analysis

Data-derived

Company Overview

Borealis Foods Inc. (BRLS) is capitalised at $24.25M on the latest close. It is classified in the Packaged Foods industry, within the Consumer Defensive sector. Headcount on file is 140.

The most recent close on file for BRLS is $1.17, dated October 21, 2026. That is +$0.25 (+27.17%) against the previous close. The 52-week range on file runs from $0.60 to $3.99. The latest close sits 95% above that 52-week low.

Financial Health

The most recent full year on file, fiscal 2025, shows revenue of $30.08M. That is +8.71% against the prior fiscal year, when revenue was $27.67M. The same year closed with a net loss of $18.98M. The reported profit margin is −59.81%. That is 62.1 percentage points below the Packaged Foods median of 2.27%. Earnings per share on a trailing basis come to −0.85.

Across the 4 fiscal years on file, revenue moves from $0.00 in 2022 to $30.08M in 2025. Of those 4 years, 0 report positive net income.

Valuation Assessment

No trailing P/E applies: the last reported earnings figure is negative. The price-to-sales ratio is 0.79. On price-to-sales that is 19.06% above the Packaged Foods median of 0.67. The medians here are taken across 70 Packaged Foods companies that report the metric.

The reported beta is 0.43. Daily returns over the trailing 5 years annualize to a volatility of 123.16%. Over the trailing twelve months the total return is −64.86%. Across 5 years the annualized return works out at −34.71%.

Growth & Income

No dividend is on file for BRLS.

Across the complete calendar years on file, 2023 returned +9.49% and 2025 returned −66.46%. Of the 4 complete calendar years on file, 2 finished higher. 2026 is still running; the total return is −41.50% year to date.

Peer Comparison

Borealis Foods Inc. (BRLS) operates in the Packaged Foods industry. Here is how it compares to its closest peers by market capitalization:

Company	Ticker	Market Cap	P/E Ratio
Borealis Foods Inc.	BRLS	$24.25M	—
The Kraft Heinz Company	KHC	$27.87B	—
General Mills, Inc.	GIS	$17.41B	—
Saputo Inc.	SAP.TO	CA$16.14B	23.7

Market caps are shown in each company's own trading currency, without conversion, and the peers are listed in order of these unconverted figures.

The Packaged Foods industry average P/E ratio is 14.5x. Borealis Foods Inc. has no P/E ratio because it is not currently profitable.

Every figure above is read from this page's own data on each daily rebuild. Informational only, not financial advice. As of October 21, 2026.

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About Borealis Foods Inc.

Borealis Foods Inc. provides nutritious and ready-to-eat food products in the United States, Canada, and internationally. It provides ramen noodles under the Chef Woo, Chef Ramsay, Ramen Express, and Woodles brands. The company sells its products through retail stores, merchandisers, club stores, and supermarkets, as well as e-commerce distributors. Borealis Foods Inc. is based in Oakville, Canada.

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