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Side-by-side financial comparison of Borealis Foods Inc. (BRLS) and PROVIDENT FINANCIAL HOLDINGS INC (PROV). Click either name above to swap in a different company.

PROVIDENT FINANCIAL HOLDINGS INC is the larger business by last-quarter revenue ($9.8M vs $7.1M, roughly 1.4× Borealis Foods Inc.). PROVIDENT FINANCIAL HOLDINGS INC runs the higher net margin — 14.6% vs -53.2%, a 67.8% gap on every dollar of revenue. On growth, PROVIDENT FINANCIAL HOLDINGS INC posted the faster year-over-year revenue change (2.5% vs -12.0%). Over the past eight quarters, PROVIDENT FINANCIAL HOLDINGS INC's revenue compounded faster (2.3% CAGR vs -2.4%).

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.

Provident Financial Holdings Inc is a bank holding company operating through its subsidiary Provident Savings Bank. It offers retail and commercial banking services including deposit products, mortgage loans, consumer lending and small business financing for local communities across California.

BRLS vs PROV — Head-to-Head

Bigger by revenue
PROV
PROV
1.4× larger
PROV
$9.8M
$7.1M
BRLS
Growing faster (revenue YoY)
PROV
PROV
+14.5% gap
PROV
2.5%
-12.0%
BRLS
Higher net margin
PROV
PROV
67.8% more per $
PROV
14.6%
-53.2%
BRLS
Faster 2-yr revenue CAGR
PROV
PROV
Annualised
PROV
2.3%
-2.4%
BRLS

Income Statement — Q3 FY2025 vs Q2 FY2026

Metric
BRLS
BRLS
PROV
PROV
Revenue
$7.1M
$9.8M
Net Profit
$-3.8M
$1.4M
Gross Margin
14.6%
Operating Margin
-27.1%
20.8%
Net Margin
-53.2%
14.6%
Revenue YoY
-12.0%
2.5%
Net Profit YoY
21.8%
64.7%
EPS (diluted)
$-0.18
$0.22

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
PROV
PROV
Q4 25
$9.8M
Q3 25
$7.1M
$9.7M
Q2 25
$7.2M
$9.8M
Q1 25
$6.8M
$10.1M
Q4 24
$6.8M
$9.6M
Q3 24
$8.1M
$9.5M
Q2 24
$5.5M
$9.9M
Q1 24
$7.9M
$9.4M
Net Profit
BRLS
BRLS
PROV
PROV
Q4 25
$1.4M
Q3 25
$-3.8M
$1.7M
Q2 25
$-4.6M
$1.6M
Q1 25
$-4.2M
$1.9M
Q4 24
$-5.8M
$872.0K
Q3 24
$-4.8M
$1.9M
Q2 24
$-6.3M
$2.0M
Q1 24
$-8.4M
$1.5M
Gross Margin
BRLS
BRLS
PROV
PROV
Q4 25
Q3 25
14.6%
Q2 25
7.2%
Q1 25
13.1%
Q4 24
3.7%
Q3 24
15.8%
Q2 24
7.7%
Q1 24
3.1%
Operating Margin
BRLS
BRLS
PROV
PROV
Q4 25
20.8%
Q3 25
-27.1%
28.1%
Q2 25
-46.7%
23.6%
Q1 25
-42.6%
26.2%
Q4 24
-68.4%
12.7%
Q3 24
-44.8%
28.3%
Q2 24
-94.8%
27.8%
Q1 24
-88.3%
22.5%
Net Margin
BRLS
BRLS
PROV
PROV
Q4 25
14.6%
Q3 25
-53.2%
17.3%
Q2 25
-64.0%
16.7%
Q1 25
-61.2%
18.4%
Q4 24
-85.3%
9.1%
Q3 24
-59.8%
20.0%
Q2 24
-115.0%
19.7%
Q1 24
-106.8%
15.9%
EPS (diluted)
BRLS
BRLS
PROV
PROV
Q4 25
$0.22
Q3 25
$-0.18
$0.25
Q2 25
$0.21
$0.24
Q1 25
$-0.20
$0.28
Q4 24
$-0.82
$0.13
Q3 24
$-0.23
$0.28
Q2 24
$0.29
$0.28
Q1 24
$-0.49
$0.22

Balance Sheet & Financial Strength

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

Metric
BRLS
BRLS
PROV
PROV
Cash + ST InvestmentsLiquidity on hand
$54.4M
Total DebtLower is stronger
Stockholders' EquityBook value
$-12.9M
$127.5M
Total Assets
$56.3M
$1.2B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
BRLS
BRLS
PROV
PROV
Q4 25
$54.4M
Q3 25
$49.4M
Q2 25
$53.1M
Q1 25
$50.9M
Q4 24
$45.5M
Q3 24
$48.2M
Q2 24
$51.4M
Q1 24
$51.7M
Stockholders' Equity
BRLS
BRLS
PROV
PROV
Q4 25
$127.5M
Q3 25
$-12.9M
$128.4M
Q2 25
$-9.2M
$128.5M
Q1 25
$-4.8M
$128.9M
Q4 24
$-695.9K
$128.6M
Q3 24
$5.1M
$129.6M
Q2 24
$9.9M
$129.9M
Q1 24
$16.2M
$129.5M
Total Assets
BRLS
BRLS
PROV
PROV
Q4 25
$1.2B
Q3 25
$56.3M
$1.2B
Q2 25
$57.3M
$1.2B
Q1 25
$58.4M
$1.3B
Q4 24
$60.0M
$1.3B
Q3 24
$61.9M
$1.3B
Q2 24
$63.6M
$1.3B
Q1 24
$70.3M
$1.3B

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
PROV
PROV
Operating Cash FlowLast quarter
$-190.6K
$1.2M
Free Cash FlowOCF − Capex
$1.0M
FCF MarginFCF / Revenue
10.5%
Capex IntensityCapex / Revenue
1.9%
Cash ConversionOCF / Net Profit
0.85×
TTM Free Cash FlowTrailing 4 quarters
$14.9M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
BRLS
BRLS
PROV
PROV
Q4 25
$1.2M
Q3 25
$-190.6K
$2.5M
Q2 25
$-2.2M
$8.7M
Q1 25
$-1.4M
$3.3M
Q4 24
$-819.4K
$324.0K
Q3 24
$-3.3M
$2.6M
Q2 24
$-4.2M
$5.7M
Q1 24
$-6.8M
$3.0M
Free Cash Flow
BRLS
BRLS
PROV
PROV
Q4 25
$1.0M
Q3 25
$2.5M
Q2 25
$8.2M
Q1 25
$-1.4M
$3.3M
Q4 24
$-951.6K
$307.0K
Q3 24
$-3.7M
$2.4M
Q2 24
$-4.7M
$4.1M
Q1 24
$-7.3M
$2.6M
FCF Margin
BRLS
BRLS
PROV
PROV
Q4 25
10.5%
Q3 25
25.2%
Q2 25
83.5%
Q1 25
-20.3%
32.5%
Q4 24
-14.1%
3.2%
Q3 24
-46.1%
25.1%
Q2 24
-86.7%
41.3%
Q1 24
-92.7%
27.5%
Capex Intensity
BRLS
BRLS
PROV
PROV
Q4 25
1.9%
Q3 25
0.5%
Q2 25
5.4%
Q1 25
0.2%
0.3%
Q4 24
2.0%
0.2%
Q3 24
5.6%
1.8%
Q2 24
9.4%
16.0%
Q1 24
7.0%
4.2%
Cash Conversion
BRLS
BRLS
PROV
PROV
Q4 25
0.85×
Q3 25
1.48×
Q2 25
5.34×
Q1 25
1.79×
Q4 24
0.37×
Q3 24
1.35×
Q2 24
2.91×
Q1 24
2.00×

Financial Flow Comparison

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

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