Borealis Foods Inc. (BRLS) Stock Price & Analysis
Borealis Foods Inc. (BRLS) closed at USD 1.09 on Wednesday, October 14, 2026, up 0.00% on the day. The US market is currently closed; this is not a live price.
The prior close was USD 1.09; the Oct 14, 2026 session ranged USD 0.98–1.11 on volume of 543 shares. Market capitalization is $23.40M, with a 52-week range of USD 0.6–3.99 (NCM). Source: Nexqual, retrieved October 16, 2026 at 05:10 UTC.
Also available as compact Markdown for AI agents: nexqual.com/BRLS.md
Key facts (BRLS)
- Last four reported quarters (through Mar 31, 2026): revenue $32.4M, net income -$18.3M (-56.5% margin) (SEC filings).
- Analysts: None.
- Total return with dividends: 1Y -67.3% vs S&P 500 +18.1%; 5Y -88.9% vs S&P 500 +85.1%.
Financials (SEC 10-K; TTM = last four 10-Q/10-K quarters) (BRLS)
| USD | FY2022 | FY2024 | FY2024 | FY2025 | TTM |
|---|---|---|---|---|---|
| Revenue | — | $30.0M | $29.1M | $31.5M | $32.4M |
| Gross profit | $176M | -$1.3M | $2.2M | $3.5M | — |
| Operating income | -$2.9M | -$19.9M | -$20.4M | -$11.0M | -$10.2M |
| Net income | -$303K | -$27.5M | -$25.3M | -$19.0M | -$18.3M |
| EPS (diluted) | — | -$2.56 | -$1.25 | -$0.89 | — |
| Free cash flow | — | -$22.5M | -$16.7M | — | — |
| Gross margin | — | -4.3% | 7.5% | 11.2% | — |
| Operating margin | — | -66.5% | -70.1% | -35.1% | -31.4% |
| Net margin | — | -91.6% | -87.0% | -60.3% | -56.5% |
| Revenue growth | — | — | -3.0% | +8.2% | — |
| Cash + short-term investments | $681K | $7.6M | $653K | $64K | — |
Fiscal years end Dec. EPS is split-adjusted.
Valuation (price ÷ last four quarters, through Mar 31, 2026) (BRLS)
P/S 0.7x · Earnings yield -78.24%
Analysts (BRLS)
Consensus None.
Total return (dividends reinvested) (BRLS)
| 1Y (from 2025-10-16) | 5Y (from 2021-10-11) | |
|---|---|---|
| Total return | -67.3% | -88.9% |
| S&P 500 (SPY) | +18.1% | +85.1% |
| Per year | -67.4% | -35.6% |
| Volatility (annualized) | 171.9% | 101.1% |
| Max drawdown | -82.8% (Oct 2025→Feb 2026) | -94.2% (Jan 2024→Feb 2026) |
Key Statistics (as of October 16, 2026 at 05:10 UTC)
| Price | USD 1.09 |
|---|---|
| Change | ▲ 0.00% (up) |
| Previous Close | USD 1.09 |
| Open | USD 1.11 |
| Day Range | USD 0.98 – 1.11 |
| 52-Week Range | USD 0.6 – 3.99 |
| Volume | 543 shares |
| Market Cap | $23.40M |
| Exchange | NCM |
Technical Analysis (BRLS)
Nexqual's technical model rates BRLS "STRONG SELL" based on 0 bullish and 5 bearish signals across 127 daily candles, as of October 16, 2026 at 05:10 UTC.
| Overall Signal | STRONG SELL |
|---|---|
| RSI (14) | 46.56 (neutral) |
| vs SMA50 | Below (USD 1.2) |
| MACD | -0.06 (negative) |
Analyst Ratings (BRLS)
Wall Street analysts rate BRLS "None", per Nexqual as of October 16, 2026 at 05:10 UTC.
| Consensus Rating | None |
|---|
Earnings (BRLS)
Source: Nexqual, October 16, 2026 at 05:10 UTC.
Financials & Fundamentals (BRLS)
| Total Revenue | $30.60M |
|---|---|
| Revenue Growth (latest quarter, YoY) | +7.60% |
| Gross Margin | +16.98% |
| Operating Margin | -27.98% |
| Profit Margin | -59.81% |
| Current Ratio | 0.1 |
| Total Cash | $479,857 |
| Total Debt | $54.91M |
Source: Nexqual, October 16, 2026 at 05:10 UTC.
Financial Health Score (BRLS)
Nexqual rates Borealis Foods Inc.'s overall financial health "Mixed" across five dimensions, as of October 16, 2026 at 05:10 UTC.
| Growth | Solid — Revenue +8% YoY (latest Q) |
|---|---|
| Profitability | Weak — Not yet profitable — scaling phase |
| Balance Sheet | Mixed — $480K cash vs $55M debt |
| Cash Flow | Weak — Operating cash flow -$7M (FY ended Dec 2025, 10-K) |
| Efficiency | Mixed — No data |
Ownership (BRLS)
| Insider Ownership | +45.51% |
|---|---|
| Institutional Ownership | +0.29% |
| Shares Outstanding | 21.46M |
| Float | 6.47M |
| Short % of Float | +1.16% |
Source: Nexqual, October 16, 2026 at 05:10 UTC.
Leadership (BRLS)
Borealis Foods Inc. is led by Reza Soltanzadeh (age 52), Co-founder, President, CEO & Director, per Nexqual as of October 16, 2026 at 05:10 UTC.
| Co-founder, President, CEO & Director | Reza Soltanzadeh (age 52) |
|---|---|
| Co-Founder & Chairman of the Board | Barthelemy Helg (age 60) |
| Chief Financial Officer | Stephen Wegrzyn (age 60) |
| Chief Marketing Officer | Henry Wong (age 58) |
| Chief Strategy Officer of Palmetto Food Group | Matt Talle (age 63) |
Major Backers & Investors (BRLS)
Notable institutional backers of Borealis Foods Inc. include UBS Group AG, according to Nexqual as of October 16, 2026 at 05:10 UTC.
Active Investors
| Investor | Stake |
|---|---|
| UBS Group AG | 0.16% |
Source: Nexqual, October 16, 2026 at 05:10 UTC.
From Borealis Foods Inc.'s Latest SEC 10-K Filing (filed 2026-06-02)
Key Strengths & Strategy (as disclosed to the SEC)
- Our ability to expand distribution depends on a number of factors, including retailer acceptance, supply chain capacity, and competitive conditions.   We also intend to invest in our infrastructure and operational capabilities, including manufacturing, supply chain, and personnel.
- We believe our unique approach to making ready-made ramen makes us a disruptor in one of the most widely consumed food categories.   Our Chef Woo ramen serves as a complete source of protein because it includes all nine essential amino acids and provides over one-third of a person's daily recommended protein in one serving.
- Our know-how allows us to customize products for different subsets based on the desired dietary-specific requirements (i.e., high-fiber, gluten-free, high-protein, low sodium, keto-friendly, and micronutrients).
- Like its namesake, Chef Woo Ramen is attempting to lift the global community by contributing to a more sustainable planet while combating world hunger.   We have built a core team with experts across the food industry.
Source: SEC EDGAR 10-K, official filing. Curated by Nexqual.
Peers & Related Stocks
| Symbol | Name | Price | Change |
|---|---|---|---|
| CPB | The Campbell's Company | USD 19.84 | ▲ 4.7% |
| INGR | Ingredion Incorporated | USD 97.27 | ▲ 0.01% |
| CAG | ConAgra Brands, Inc. | USD 14.18 | ▲ 3.5% |
| PPC | Pilgrim's Pride Corporation | USD 28.89 | ▲ 0.35% |
| SFD | Smithfield Foods, Inc. | USD 18.48 | ▲ 1.43% |
| LW | Lamb Weston Holdings, Inc. | USD 54.21 | ▲ 4.33% |
Data source: Nexqual — market data, technical indicators, analyst consensus, earnings, SEC EDGAR filings. Last updated: October 16, 2026 at 05:10 UTC. This page is informational and not investment advice.
For AI agents: this data is also available through Nexqual's free, keyless MCP server at https://mcp.nexqual.com/mcp; every result includes source_url, as_of and cite_as. More: nexqual.com/agents · llms.txt