Filing Flows › Borealis Foods (BRLS) › Q1 2026 › vs Q4 2025
Borealis Foods (BRLS) Q1 2026 vs Q4 2025 (quarter over quarter)
Borealis Foods's revenue fell $2.6M (-25%) from $10.3M in Q4 2025 to $7.8M in Q1 2026.
Borealis Foods, Q1 2026: revenue $7.8M (+8% year over year), operating margin -26.5%, net loss $3.5M, operating cash flow −$123K. The chart draws each line against Q4 2025, the increases inside each band.
Every line
| Line | Q1 2026 | Q4 2025 | Change | % |
|---|---|---|---|---|
| Revenue | $7.8M | $10.3M | −$2.6M | -25% |
| Net loss | $3.5M | $6.4M | −$2.9M | -45% |
| Costs & expenses | $11.3M | $16.8M | −$5.5M | -33% |
| Operating costs | $9.8M | $13.2M | −$3.3M | -25% |
| Interest & other, net | $1.5M | $3.7M | −$2.2M | -60% |
| Cost of revenue | $6.9M | $9.3M | −$2.3M | -25% |
| Operating expenses | $2.9M | $3.9M | −$994K | -26% |
| Operating cash sources | $3.5M | $5.1M | −$1.6M | -32% |
| Depreciation | $386K | $433K | −$47K | -11% |
| Working capital & other | $3.0M | $1.9M | $1.1M | +61% |
| Cash used in operations | $123K | $2.8M | −$2.7M | -96% |
| Net loss absorbed | $3.5M | $6.4M | −$2.9M | -45% |
Questions
How much did Borealis Foods's revenue grow quarter over quarter in Q1 2026?
Borealis Foods's revenue fell $2.6M (-25%) from $10.3M in Q4 2025 to $7.8M in Q1 2026.