Where Food Comes From, Inc.

Where Food Comes From, Inc.

WFCFยทNASDAQ

$11.12

-6.2%
TechnologySoftware - Application

Where Food Comes From, Inc., together with its subsidiaries, provides verification and certification solutions for the agriculture, livestock, and food industries in the United States. The company operates through Verification and Certification, and Software Sales and Related Consulting segments. It conducts on-site and desk audits to verify that claims made about livestock, crops, and other food products are accurate, as well as offers Where Food Comes From Source Verified retail and restaurant labeling program, which connects consumers directly to the source of the food they purchase through product labeling, and web-based information sharing and education. The company also offers sustainability programs, compliance management, and software-as-a-service; maintenance, support, and software-related consulting services; and web-hosting services, as well as sells hardware. It serves beef and pork packers, organic producers and processors, and specialty retail chains. The company was formerly known as Integrated Management Information, Inc. and changed its name to Where Food Comes From, Inc. in December 2012. Where Food Comes From, Inc. was founded in 1996 and is headquartered in Castle Rock, Colorado.

At a Glance

Live Snapshot
Market Cap$56.03M
EPS0.3000
P/E Ratio37.06
Earnings Date08/06/2026
3Y-
5Y+24.0%
10Y+114.0%
3Y-23.0%
5Y+11.0%
10Y+255.0%
3Y-39.0%
5Y-34.0%
10Y+63.0%
Where Food Comes From, Inc.

Where Food Comes From, Inc. Profit Bridge

WFCF ยท NASDAQ
Revenue24.89M
Cost of Goods Sold (15.38M)
Gross Profit9.51M
Operating Expenses (8.30M)
Operating Income1.21M
Interest Expense (3.00K)
Other Income/Expense1.02M
Pretax Income2.23M
Income Tax (693.00K)
Net Income1.54M
Net Income
1.54M

Profitability Analysis

Gross Margin

38.2%

Strong gross margins indicate healthy pricing and efficient production or service delivery.

Operating Margin

4.8%

Minimal operating profit suggests high operating costs or pricing challenges. Scalability is concerning.

Net Profit Margin

6.2%

Moderate profitability with room for improvement. Monitor interest expenses and tax efficiency.

Effective Tax Rate

31.1%

Higher tax burden may reflect limited tax optimization or operations in high-tax jurisdictions.

Profitability Insight

Margin squeeze alert: Healthy gross margins but weak operating margins suggest excessive operating expenses. Cost optimization could unlock significant value.

Where Food Comes From, Inc. Income Statement

WFCF โ€ข NASDAQ

Where Food Comes From, Inc. Income StatementDec 2025Dec 2024Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009Dec 2008Dec 2007Dec 2006
REVENUE
24.9M
25.7M
25.1M
24.8M
21.9M
20.1M
20.8M
17.8M
15.4M
11.6M
10.4M
8.8M
5.5M
5.3M
4.2M
3.3M
2.7M
2.4M
2.3M
1.5M
GROSS PROFIT
(15.4M)
(15.2M)
(14.6M)
(14.4M)
(12.2M)
(11.1M)
(11.7M)
(10.1M)
(8.6M)
(6.2M)
(5.5M)
(5M)
(2.8M)
(2.4M)
(1.9M)
(1.5M)
(1.3M)
(1.1M)
(968.5K)
(781.5K)
9.5M
10.6M
10.5M
10.5M
9.7M
8.9M
9.1M
7.7M
6.8M
5.4M
4.9M
3.8M
2.7M
2.8M
2.3M
1.8M
1.3M
1.3M
1.3M
758.4K
OPERATING INCOME
(8.3M)
(8.4M)
(7.8M)
(7.8M)
(7.4M)
(7.2M)
(7.5M)
(6.9M)
(6.7M)
(4.8M)
(4.1M)
(3.4M)
(2.7M)
(2.3M)
(1.7M)
(1.4M)
(1.5M)
(1.1M)
(2.1M)
(2.3M)
(8.3M)
(8.4M)
(7.8M)
(7.8M)
(7.4M)
(7.2M)
(7.5M)
(6.9M)
(6.7M)
(4.8M)
(4.1M)
(3.4M)
(2.7M)
(2.3M)
(1.7M)
(1.4M)
(1.5M)
(1.4M)
(2.1M)
(2.3M)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(70K)
(250K)
(222K)
(186K)
(43K)
(43K)
(43K)
(12.8K)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
1.2M
2.2M
2.7M
2.7M
2.3M
1.7M
465.2K
874.6K
82.2K
634.5K
795.2K
344.7K
27.3K
488.3K
676.5K
359.5K
-118.7K
246.8K
-730.4K
-1.5M
PRE-TAX INCOME
(3K)
(4K)
(5K)
(3K)
(6K)
(13K)
(10K)
(4.8K)
(1.6K)
(1.5K)
(1.6K)
(9.8K)
(33.6K)
(25.9K)
(29.5K)
(33.4K)
(35.5K)
(33.1K)
(36.4K)
(0.0)
21K
31K
-5K
-3K
-6K
-13K
-10K
-4.8K
-1.6K
-1.5K
-1.6K
-9.8K
-33.6K
-25.9K
-29.5K
-33.4K
-35.5K
-33.1K
0.0
9.1K
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
-70K
-250K
(14.3K)
(14.6K)
(4.1K)
(770.0)
(3.2K)
(1.5K)
(4.2K)
(0.0)
(0.0)
-4K
-357.8K
(0.0)
(0.0)
1M
772K
368K
164K
1.3M
160K
-69.4K
109.4K
13K
2.6K
-815.0
-6.6K
-32.1K
-6.6K
-36.4K
-31.7K
-34.5K
-29.4K
-29.1K
-15.2K
2.2M
3M
3.1M
2.8M
3.6M
1.8M
1.5M
984K
95.2K
637.1K
794.4K
338.1K
-4.8K
481.7K
640.1K
327.8K
-153.2K
217.4K
-759.6K
-1.6M
NET INCOME
(693K)
(859K)
(913K)
(822K)
(659K)
(462K)
(460K)
(309K)
(266.2K)
(235.5K)
(298.2K)
(140.9K)
-1.8K
-391.5K
-224.4K
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
1.5M
2.1M
2.2M
2M
3M
1.4M
1M
800.7K
142.3K
433.2K
533.9K
229.1K
-33.6K
870.4K
864.5K
327.8K
-153.2K
149.7K
-759.6K
-1.6M

SEC Filings

WFCF - Filing history and reports

Filing TypeFiling DatePeriod EndingFiscal YearActions
8-K

8-K 2026

N/A

May 15, 2026
May 14, 2026
2026
10-Q

10-Q 2026 Q1

Q1

May 14, 2026
March 31, 2026
2026
8-K

8-K 2026

N/A

April 10, 2026
April 09, 2026
2026
10-K/A

10-K/A 2025 FY (Amended)

FY

April 06, 2026
December 31, 2025
2025
DEF 14A

DEF 14A 2026

N/A

March 06, 2026
March 06, 2026
2026
8-K

8-K 2026

N/A

February 27, 2026
February 27, 2026
2026
10-K

10-K 2025 FY

FY

February 26, 2026
December 31, 2025
2025
8-K

8-K 2025

N/A

November 14, 2025
November 13, 2025
2025
10-Q

10-Q 2025 Q3

Q3

November 13, 2025
September 30, 2025
2025
8-K

8-K 2025

N/A

August 11, 2025
August 07, 2025
2025
Showing 1 to 10 of 220 filings