Borealis Foods Inc.

NASDAQ: BRLS · Consumer Defensive · Packaged Foods

Canadian filerHQ Oakville, ONCIK 0001852973Reports USD

#187 of 370 Consumer Defensive companies by revenue63rd-percentile growth

EA Score

21D

FH 27DQ 7GM —SS 41

v0.1 · 55/100 weight · provisional

↑ revenue growth (YoY), market scale · ↓ Piotroski F, disclosure history

Methodology →

Revenue TTM

$34.9M

Rev growth YoY (TTM)

-7.5%

Net income (FY)

-$19.0M

Employees

147

Market cap

$27.9M

Financials — latest annual

SEC EDGAR · USD-normalized

ConceptUSDNativeFY

Revenue$31.5M$31.5M2025

Net income-$19.0M-$19.0M2025

Operating income-$11.0M-$11.0M2025

Total assets$52.6M$52.6M2025

Liabilities$71.8M$71.8M2025

Equity-$19.2M-$19.2M2025

Revenue trend

FY2024 – FY2025 · USD

$31.4M

FY24

$29.1M

FY24

$31.5M

FY25

Revenue by segment

No segmentation disclosed for this filer. n/a

The read

Borealis Foods Inc. booked $31.5M in FY2025 revenue, growing 8.2% year over year — faster than most Consumer Defensive companies we track, at a -60.3% net margin.

Peers · Consumer Defensive

Local Bounti Corporation35D Healthier Choices Management Corp.37D Nepra Foods Inc.38D Barfresh Food Group Inc.46D

Key facts

CEOReza Soltanzadeh

SectorConsumer Defensive

IndustryPackaged Foods

HeadquartersOakville, ON

ExchangeNASDAQ: BRLS

Employees147

IPO date2021-10-06

Latest filings

8-K2026-07-08 8-K2026-06-30 10-Q2026-06-30 8-K2026-06-04 DEF 14A2026-06-02 10-K2026-06-02 8-K2026-05-27 8-K2026-05-15

Financials: SEC EDGAR (XBRL), USD-normalized per IAS 21 · TTM/quarterly + segments: FMP from filed disclosures · Filings: EDGAR submissions. County headcount and EA Score are in progress — see docs/DATA_GAPS.md.