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Side-by-side financial comparison of Borealis Foods Inc. (BRLS) and Chanson International Holding (CHSN). Click either name above to swap in a different company.

Chanson International Holding is the larger business by last-quarter revenue ($8.7M vs $7.1M, roughly 1.2× Borealis Foods Inc.). Chanson International Holding runs the higher net margin — -12.1% vs -53.2%, a 41.2% gap on every dollar of revenue. On growth, Chanson International Holding posted the faster year-over-year revenue change (15.2% vs -12.0%).

Borealis Foods Inc is a food technology enterprise specializing in developing and producing high-quality plant-based protein products including plant-based meat alternatives. It mainly serves retail and food service customers across North America and Europe, focusing on delivering affordable, nutritious sustainable food options matching the taste of conventional animal-derived meat.

Chanson International Holding is a food and beverage enterprise focused on operating premium bakery chains primarily across mainland China. Its product portfolio includes freshly baked bread, handcrafted pastries, custom celebration cakes, specialty beverages, and frozen bakery goods supplied to partnered retail outlets, catering to middle-class consumers with demand for high-quality daily food options.

BRLS vs CHSN — Head-to-Head

Bigger by revenue
CHSN
CHSN
1.2× larger
CHSN
$8.7M
$7.1M
BRLS
Growing faster (revenue YoY)
CHSN
CHSN
+27.2% gap
CHSN
15.2%
-12.0%
BRLS
Higher net margin
CHSN
CHSN
41.2% more per $
CHSN
-12.1%
-53.2%
BRLS

Income Statement — Q3 2025 vs Q2 2025

Metric
BRLS
BRLS
CHSN
CHSN
Revenue
$7.1M
$8.7M
Net Profit
$-3.8M
$-1.0M
Gross Margin
14.6%
44.5%
Operating Margin
-27.1%
-13.7%
Net Margin
-53.2%
-12.1%
Revenue YoY
-12.0%
15.2%
Net Profit YoY
21.8%
-4579.7%
EPS (diluted)
$-0.18
$-2.87

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
BRLS
BRLS
CHSN
CHSN
Q3 25
$7.1M
Q2 25
$7.2M
$8.7M
Q1 25
$6.8M
Q4 24
$6.8M
Q3 24
$8.1M
Q2 24
$5.5M
$7.5M
Q1 24
$7.9M
Q4 23
$7.5M
Net Profit
BRLS
BRLS
CHSN
CHSN
Q3 25
$-3.8M
Q2 25
$-4.6M
$-1.0M
Q1 25
$-4.2M
Q4 24
$-5.8M
Q3 24
$-4.8M
Q2 24
$-6.3M
$23.4K
Q1 24
$-8.4M
Q4 23
$-6.7M
Gross Margin
BRLS
BRLS
CHSN
CHSN
Q3 25
14.6%
Q2 25
7.2%
44.5%
Q1 25
13.1%
Q4 24
3.7%
Q3 24
15.8%
Q2 24
7.7%
41.5%
Q1 24
3.1%
Q4 23
7.5%
Operating Margin
BRLS
BRLS
CHSN
CHSN
Q3 25
-27.1%
Q2 25
-46.7%
-13.7%
Q1 25
-42.6%
Q4 24
-68.4%
Q3 24
-44.8%
Q2 24
-94.8%
-7.4%
Q1 24
-88.3%
Q4 23
-60.5%
Net Margin
BRLS
BRLS
CHSN
CHSN
Q3 25
-53.2%
Q2 25
-64.0%
-12.1%
Q1 25
-61.2%
Q4 24
-85.3%
Q3 24
-59.8%
Q2 24
-115.0%
0.3%
Q1 24
-106.8%
Q4 23
-89.3%
EPS (diluted)
BRLS
BRLS
CHSN
CHSN
Q3 25
$-0.18
Q2 25
$0.21
$-2.87
Q1 25
$-0.20
Q4 24
$-0.82
Q3 24
$-0.23
Q2 24
$0.29
$0.15
Q1 24
$-0.49
Q4 23
$-0.63

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
BRLS
BRLS
CHSN
CHSN
Cash + ST InvestmentsLiquidity on hand
$22.1M
Total DebtLower is stronger
$4.5M
Stockholders' EquityBook value
$-12.9M
$24.5M
Total Assets
$56.3M
$51.6M
Debt / EquityLower = less leverage
0.18×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
BRLS
BRLS
CHSN
CHSN
Q3 25
Q2 25
$22.1M
Q1 25
Q4 24
Q3 24
Q2 24
$4.1M
Q1 24
Q4 23
Total Debt
BRLS
BRLS
CHSN
CHSN
Q3 25
Q2 25
$4.5M
Q1 25
Q4 24
Q3 24
Q2 24
Q1 24
Q4 23
Stockholders' Equity
BRLS
BRLS
CHSN
CHSN
Q3 25
$-12.9M
Q2 25
$-9.2M
$24.5M
Q1 25
$-4.8M
Q4 24
$-695.9K
Q3 24
$5.1M
Q2 24
$9.9M
$12.1M
Q1 24
$16.2M
Q4 23
$-21.3M
Total Assets
BRLS
BRLS
CHSN
CHSN
Q3 25
$56.3M
Q2 25
$57.3M
$51.6M
Q1 25
$58.4M
Q4 24
$60.0M
Q3 24
$61.9M
Q2 24
$63.6M
$38.7M
Q1 24
$70.3M
Q4 23
$65.8M
Debt / Equity
BRLS
BRLS
CHSN
CHSN
Q3 25
Q2 25
0.18×
Q1 25
Q4 24
Q3 24
Q2 24
Q1 24
Q4 23

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
BRLS
BRLS
CHSN
CHSN
Operating Cash FlowLast quarter
$-190.6K
$-390.3K
Free Cash FlowOCF − Capex
FCF MarginFCF / Revenue
Capex IntensityCapex / Revenue
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
BRLS
BRLS
CHSN
CHSN
Q3 25
$-190.6K
Q2 25
$-2.2M
$-390.3K
Q1 25
$-1.4M
Q4 24
$-819.4K
Q3 24
$-3.3M
Q2 24
$-4.2M
$806.1K
Q1 24
$-6.8M
Q4 23
$-1.9M
Free Cash Flow
BRLS
BRLS
CHSN
CHSN
Q3 25
Q2 25
Q1 25
$-1.4M
Q4 24
$-951.6K
Q3 24
$-3.7M
Q2 24
$-4.7M
$771.9K
Q1 24
$-7.3M
Q4 23
$-2.9M
FCF Margin
BRLS
BRLS
CHSN
CHSN
Q3 25
Q2 25
Q1 25
-20.3%
Q4 24
-14.1%
Q3 24
-46.1%
Q2 24
-86.7%
10.2%
Q1 24
-92.7%
Q4 23
-38.9%
Capex Intensity
BRLS
BRLS
CHSN
CHSN
Q3 25
Q2 25
Q1 25
0.2%
Q4 24
2.0%
Q3 24
5.6%
Q2 24
9.4%
0.5%
Q1 24
7.0%
Q4 23
12.7%
Cash Conversion
BRLS
BRLS
CHSN
CHSN
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
34.43×
Q1 24
Q4 23

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

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