Q1 FY2026 · ended Mar 31, 2026 · Revenue $7.78M, +7.7% YoY · Filed Jun 30, 2026
Borealis Foods Inc. (BRLS) files with the SEC under industry code 2000, Food and Kindred Products. In Q1 of fiscal 2026, the quarter ended Mar 31, 2026, it reported revenue of $7.8 million and a net loss of $3.5 million. As of Mar 31, 2026 it held $500,000 in cash and investments and $1.1 million in total debt.
Revenue
$7.78M
+7.7% vs year-ago quarter
Net income
$-3.51M
+16.1% vs year-ago quarter
Operating cash flow
$-122,872
+91.0% vs year-ago quarter
Free cash flow
$-1.39M
-45.9% vs prior quarter
EPS
$-0.16
+20.0% vs year-ago quarter
Dividend per share
None
Shares outstanding
21.46M
+0.4% vs year-ago quarter
Net cash
$-629,534
Q1 FY2026
Operating margin
-31.8%
TTM
Company profile
- Industry
- Food and Kindred Products (SIC 2000)
- Listed as
- BRLS (Nasdaq), BRLSW (Nasdaq)
- Fiscal year ends
- December 31
- Incorporated in
- Cayman Islands
- Headquarters
- Oakville, Ontario, Canada
- SEC filer status
- Non-accelerated filer, Smaller reporting company, Emerging growth company
- SEC CIK
- 1852973
- Former names
- Oxus Acquisition Corp. (until Feb 7, 2024)
Other Food and Kindred Products companies
- Mondelez International, Inc. MDLZ
- Conagra Brands Inc. CAG
- CAMPBELL'S Co CPB
- Nomad Foods Ltd NOMD
- Flowers Foods Inc FLO
- Bellring Brands, Inc. BRBR
- Simply Good Foods Co SMPL
- Vital Farms, Inc. VITL
Key figures
Fiscal-year totals from the annual reports; switch to Annual for the full-year view. Balance sheet lines are as of each year end.
| Line | Q1 FY2026 Mar 31, 2026 |
Q4 FY2025 Dec 31, 2025 |
Q3 FY2025 Sep 30, 2025 |
Q2 FY2025 Jun 30, 2025 |
Q1 FY2025 Mar 31, 2025 |
|---|---|---|---|---|---|
| Revenue | $7.8M | $9.3M | $7.4M | $7.6M | $7.2M |
| Operating income | -$2.1M | -$2.8M | -$1.9M | -$3.4M | -$2.9M |
| Net income | -$3.5M | -$6.4M | -$3.8M | -$4.6M | -$4.2M |
| Diluted EPS | -$0.16 | -$0.30 | -$0.18 | $0.21 | -$0.20 |
| Operating cash flow | -$122,872 | -$2.8M | -$190,568 | -$2.2M | -$1.4M |
| Free cash flow | — | — | — | — | -$1.4M |
| Total assets | $50.9M | $52.6M | $56.3M | $57.3M | $58.4M |
| Total liabilities | $73.6M | $71.8M | $69.2M | $66.4M | $63.2M |
| Stockholders' equity | -$22.7M | -$19.2M | -$12.9M | -$9.2M | -$4.8M |
| Cash and investments | $500,000 | $64,000 | — | — | — |
| Total debt | $1.1M | $1.3M | $1.3M | $1.5M | $1.6M |
Recent SEC filings
| Form | Description | Filed | Period |
|---|---|---|---|
| 8-K |
Current report
Listing notice, Officer or director change, Other events
|
Nov 4, 2026 | Oct 29, 2026 |
| 10-K/A | Amended annual report | Sep 30, 2026 | Dec 31, 2025 |
| 8-K |
Current report
Listing notice, Regulation FD disclosure
|
Sep 1, 2026 | Aug 26, 2026 |
| 8-K |
Current report
Results of operations, Regulation FD disclosure
|
Aug 26, 2026 | Aug 26, 2026 |
| 10-K/A | Amended annual report | Jul 29, 2026 | Dec 31, 2025 |
| 8-K |
Current report
Listing notice
|
Jul 8, 2026 | Jul 2, 2026 |
All 206 Borealis Foods Inc. SEC filings
Source: SEC EDGAR filings. This is company-reported data, not investment advice.