Where Food Comes From (NASDAQ:WFCF) Releases Earnings Results

Where Food Comes From (NASDAQ:WFCF) issued its earnings results on Thursday. The company reported $0.02 EPS for the quarter, Zacks reports. Where Food Comes From had a return on equity of 15.69% and a net margin of 6.17%.The firm had revenue of $5.37 million during the quarter.

Here are the key takeaways from Where Food Comes From’s conference call:

• Where Food Comes From reported year-over-year revenue growth and a return to profitability in Q1 2026, with total revenue rising nearly 2% to $5.4 million.
• RaiseWell, launched in the quarter, is gaining traction quickly; the company said it has already secured Whole Foods Market as a major retailer and is generating meaningful revenue.
• Verification and certification revenue increased 6% to $4.4 million, helped by steady new customer wins and demand across beef-related and other certification services.
• Product sales were roughly flat year over year, with lower cattle volumes offset by stronger demand for premium tags with additional features.
• The company highlighted growth in non-beef businesses such as pork, dairy, egg, organic, non-GMO, gluten-free, and upcycled certifications, and said it continued to buy back stock during the quarter.

Where Food Comes From Stock Down 0.4%

NASDAQ:WFCF opened at $10.52 on Friday. The firm has a market capitalization of $53.13 million, a P/E ratio of 35.07 and a beta of 0.12. The stock’s fifty day simple moving average is $12.71 and its 200-day simple moving average is $12.18. Where Food Comes From has a 12-month low of $9.50 and a 12-month high of $22.15.

Institutional Investors Weigh In On Where Food Comes From

Several large investors have recently modified their holdings of WFCF. Cetera Investment Advisers bought a new stake in Where Food Comes From during the 4th quarter worth approximately $152,000. Aristides Capital LLC boosted its stake in Where Food Comes From by 4.2% in the 4th quarter. Aristides Capital LLC now owns 32,551 shares of the company’s stock worth $374,000 after purchasing an additional 1,300 shares during the period. Finally, Vanguard Group Inc. increased its holdings in Where Food Comes From by 3.2% during the 3rd quarter. Vanguard Group Inc. now owns 160,911 shares of the company’s stock worth $2,164,000 after purchasing an additional 5,017 shares in the last quarter. 18.84% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings downgraded Where Food Comes From from a “hold (c-)” rating to a “sell (d+)” rating in a report on Wednesday. One investment analyst has rated the stock with a Sell rating, According to MarketBeat.com, the stock currently has an average rating of “Sell”.

About Where Food Comes From

Where Food Comes From, Inc (NASDAQ: WFCF) is a food traceability and certification company headquartered in Caldwell, Idaho. Established from a ranch-to-plate verification program launched in 2005, the company now offers a suite of services designed to authenticate product attributes, verify production claims and enhance supply-chain transparency for agricultural producers and food brands.

The company’s core offerings include third-party certification audits, program development, on-farm risk assessments and digital traceability solutions.