Quick Answer
Borealis Foods Inc. reported Total Revenue of $27.67 million for fiscal year 2024.
Borealis Foods Inc. — Key Financials by Year
| Metric | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
| Total Revenue | $27.67M -7.7% |
$29.98M | — | — |
| Revenue (ASC 606) | $29.10M -7.3% |
$31.38M | — | — |
| Net Income | -$25.33M +7.8% |
-$27.48M -8982.7% |
-$302.5K +25.8% |
-$407.6K |
| Diluted EPS | -$1.25 +51.2% |
-$2.56 | — | — |
| Total Assets | $60.01M -8.8% |
$65.79M -63.3% |
$179.45M +1.1% |
$177.49M |
| Cash and Equivalents | — | — | $680.8K -39.4% |
$1.12M |
| Stockholders Equity | -$695.9K +96.7% |
-$21.35M -560.1% |
$4.64M +256.6% |
$1.30M |
| Operating Income | -$20.40M -2.3% |
-$19.95M -591.1% |
-$2.89M -573.8% |
-$428.4K |
| Gross Profit | $2.19M +267.9% |
-$1.30M | — | — |
| Shares Outstanding | 21.38M | — | — | — |
Most Recent Quarter
| Metric | Quarter Ending | Value | YoY | QoQ |
|---|---|---|---|---|
| Total Revenue | September 30, 2025 | $7.10M | -7.6% | -1.2% |
| Revenue (ASC 606) | September 30, 2024 | $8.08M | -2.3% | +47.5% |
| Net Income | September 30, 2025 | -$3.78M | +21.8% | +17.8% |
| Diluted EPS | September 30, 2025 | -$0.18 | +21.7% | -185.7% |
| Total Assets | September 30, 2025 | $56.30M | -9.1% | -1.7% |
| Cash and Equivalents | March 31, 2023 | $64.0K | -93.3% | -90.6% |
| Stockholders Equity | September 30, 2025 | -$12.95M | -355.4% | -41.2% |
| Operating Income | September 30, 2025 | -$1.92M | +46.8% | +42.6% |
| Gross Profit | September 30, 2025 | $1.04M | -18.3% | +102.1% |
- Borealis Foods Inc. reported Total Revenue of $27.67 million for fiscal year 2024.
- Borealis Foods Inc. showed a decrease of -7.7% in Total Revenue compared to the prior fiscal year.
- Borealis Foods Inc. reported Revenue (ASC 606) of $29.10 million for fiscal year 2024.
- Borealis Foods Inc. showed a decrease of -7.3% in Revenue (ASC 606) compared to the prior fiscal year.
- Borealis Foods Inc. reported Net Income of -$25.33 million for fiscal year 2024.
- Borealis Foods Inc. showed an increase of +7.8% in Net Income compared to the prior fiscal year.
- Borealis Foods Inc. reported Diluted EPS of $1.25 per share (loss) for fiscal year 2024.
- Borealis Foods Inc. showed an increase of +51.2% in Diluted EPS compared to the prior fiscal year.
- Borealis Foods Inc. reported Total Assets of $60.01 million for fiscal year 2024.
- Borealis Foods Inc. showed a decrease of -8.8% in Total Assets compared to the prior fiscal year.
- Borealis Foods Inc. reported Cash and Equivalents of $680.8 thousand for fiscal year 2022.
- Borealis Foods Inc. showed a decrease of -39.4% in Cash and Equivalents compared to the prior fiscal year.
- Borealis Foods Inc. reported Stockholders Equity of -$695.9 thousand for fiscal year 2024.
- Borealis Foods Inc. showed an increase of +96.7% in Stockholders Equity compared to the prior fiscal year.
- Borealis Foods Inc. reported Operating Income of -$20.40 million for fiscal year 2024.
- Borealis Foods Inc. showed a decrease of -2.3% in Operating Income compared to the prior fiscal year.
- Borealis Foods Inc. reported Gross Profit of $2.19 million for fiscal year 2024.
- Borealis Foods Inc. showed an increase of +267.9% in Gross Profit compared to the prior fiscal year.
- Borealis Foods Inc. reported Shares Outstanding of 21.38 million shares for fiscal year 2024.
- All figures are sourced from SEC EDGAR XBRL filings, last verified June 17, 2026.
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