Flagship explainer

How Borealis Foods Inc. makes its money

Start with a dollar of revenue and follow what the filing says remains.

revenueBranching filed flows with values and percentages directly labeled. Missing filing concepts are omitted rather than estimated.Revenue$31.5M · 100%Cost of revenue$26.6M · 84%Gross profit$3.5M · 11%Operating income−$11M · −35%Income before tax−$19M · −61%Income tax−$66710 · −0%Net income−$19M · −60%As of 2025-12-31 · 1 SEC filing sourceBuy Like Buffett · buylikebuffett.com

Honest partial: the filing did not provide a normalized tag for Research and development, Selling, general and administrative; those components are omitted, not plugged.

Table alternative
Filed lineValue% of revenueSource
$31.5M100%
Cost of revenue$26.6M84%
$3.5M11%
−$11M−35%
Income before tax−$19M−61%
Income tax−$66710−0%
−$19M−60%
Source: · event Dec 31, 2025 · retrieved Jul 26, 2026 · annual-row source set
Embed this chart

View the full Borealis Foods Inc. analysis at Buy Like Buffett

BRLS income explainer — Buy Like Buffett · Buy Like Buffett