Borealis Foods annual operating expenses
2021
2022
2023
2024
2025
Borealis Foods Operating Expenses Growth & History (BRLS)
Borealis Foods's operating expenses was $14.5M for fiscal 2025.
View full Borealis Foods company overviewBorealis Foods annual operating expenses history
| Fiscal year | Period ended | Operating expenses | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | $14.5M | −$8.0M | −35.62% |
| 2024 | 2024-12-31 | $22.6M | $17.5M | +340.35% |
| 2023 | 2023-12-31 | $5.1M | $2.2M | +77.75% |
| 2022 | 2022-12-31 | $2.9M | $2.5M | +573.85% |
| 2021 | 2021-12-31 | $428,376 | — | — |
Borealis Foods quarterly operating expenses
Q3.21
Q1.22
Q2.22
Q3.22
Q4.22
Q1.23
Q2.23
Q3.23
Q4.23
Q1.24
Q2.24
Q3.24
Q4.24
Q1.25
Q2.25
Q3.25
Q4.25
Q1.26
| Fiscal quarter | Period ended | Operating expenses | Change | YoY change |
|---|---|---|---|---|
| Q1 2026 | 2026-03-31 | $2.9M | −$916,880 | −24.02% |
| Q4 2025 | 2025-12-31 | $3.9M | −$978,778 | −20.09% |
| Q3 2025 | 2025-09-30 | $3.0M | −$1.9M | −39.41% |
| Q2 2025 | 2025-06-30 | $3.9M | −$1.7M | −31.02% |
| Q1 2025 | 2025-03-31 | $3.8M | −$3.4M | −47.10% |
| Q4 2024 | 2024-12-31 | $4.9M | $3.8M | +336.12% |
| Q3 2024 | 2024-09-30 | $4.9M | $3.7M | +308.96% |
| Q2 2024 | 2024-06-30 | $5.6M | $4.9M | +703.59% |
| Q1 2024 | 2024-03-31 | $7.2M | $5.1M | +240.59% |
| Q4 2023 | 2023-12-31 | $1.1M | $371,253 | +49.76% |
| Q3 2023 | 2023-09-30 | $1.2M | $159,248 | +15.35% |
| Q2 2023 | 2023-06-30 | $698,329 | $160,881 | +29.93% |
| Q1 2023 | 2023-03-31 | $2.1M | $1.6M | +274.60% |
| Q4 2022 | 2022-12-31 | $746,085 | — | — |
| Q3 2022 | 2022-09-30 | $1.0M | $1.0M | +12985.33% |
| Q2 2022 | 2022-06-30 | $537,448 | — | — |
| Q1 2022 | 2022-03-31 | $565,542 | — | — |
| Q3 2021 | 2021-09-30 | $7,929 | — | — |
Borealis Foods operating expenses trends
Between the periods ended 2021-12-31 and 2025-12-31, Borealis Foods's operating expenses increased from $428,376 to $14.5M, a change of $14.1M. The latest reported quarter, Q1 2026, shows $2.9M.
About the metric
What operating expenses mean
Operating expenses are the recurring costs of running a company’s business beyond the direct costs used to calculate gross profit. They commonly include selling, general and administrative expenses, research and development, and other operating costs.
Calculation and source
SEC-reported and calculated operating expenses
TickerStat uses operating expenses reported in company SEC filings when available. When a separate total is unavailable, it calculates operating expenses as aligned gross profit minus operating income for the same fiscal period. Fiscal periods can differ from calendar years, so exact period-end dates are included.
Review Borealis Foods source filings ↗