earnings
confidence high
sentiment positive
materiality 0.55
Where Food Comes From Q1 revenue $5.4M, net income triples to $92K
Where Food Comes From, Inc.
2026-Q1 EPS reported
$0.02
revenue$5,365,000
- Revenue $5.4M (+2% YoY); net income $92K ($0.02/sh) vs $31K ($0.01/sh).
- Verification revenue $4.4M (+5%); product sales $713K flat; professional services fell to $228K.
- Gross margin 39% vs 42% on higher insurance & personnel; SG&A down 15% to $1.7M.
- Bought back 24,469 shares for $293K; cumulative buybacks 1.4M shares at $15.5M.
- CEO: headwinds from tariffs & smaller herds; new RaiseWell program adopted by Whole Foods.
item 2.02item 9.01