WFCF

This article first appeared on GuruFocus. Release Date: May 14, 2026 For the complete transcript of the earnings call, please refer to the full earnings call transcript. Where Food Comes From Inc (NASDAQ:WFCF) reported a return to profitability in the first quarter of 2026. Verification and certification revenue increased by 6% to $4.4 million, indicating strong demand for their services. The RaiseWell program, launched in Q1 2026, has been successful, securing Whole Foods Market as a major retailer. The company is experiencing solid growth in non-beef business lines, including pork, dairy, and egg verifications. WFCF continues to leverage its solutions portfolio through bundling incentives, saving customers time and money. The company faces persistent headwinds from tariffs and a smaller herd size, impacting overall growth. Product sales volumes are lower due to fewer cattle being processed and temporary tag subsidies. The cattle industry is experiencing disruption, which poses challenges despite presenting opportunities. There is a potential risk from the New World Screw Worm outbreak in the Mexican cattle industry, which could spread. Technical difficulties during the earnings call led to a temporary loss of connection with the CEO, impacting communication. Warning! GuruFocus has detected 3 Warning Signs with WFCF. Is WFCF fairly valued? Test your thesis with our free DCF calculator. Q: Can you provide an overview of the financial performance for the first quarter of 2026? A: CEO John Saunders reported a year-over-year growth and a return to profitability. Verification and certification revenue increased by 6% to $4.4 million, while product sales rose slightly to $713,000. Total revenue saw a nearly 2% increase to $5.4 million, driven by new customer wins and demand for certifications. Q: What is the RaiseWell program, and how has it performed since its launch? A: John Saunders explained that RaiseWell is a program offering verification for premium protein products, ensuring they are responsibly raised without antibiotics or added hormones. The program has been successful, securing Whole Foods Market as a major retailer and generating meaningful revenue. It is available for various proteins, including beef, pork, and poultry. Q: How is the company positioned to respond to the New World Screw Worm outbreak in the Mexican cattle industry? A: CFO Danette Hen...

Shares of Where Food Comes From, Inc. WFCF have gained 17.4% since the company reported its earnings for the first quarter of 2026, outperforming the S&P 500 Index’s 0.3% decline over the same period. However, the stock has lagged the broader market over the past month, rising 4.9% compared to the S&P 500’s 5.3% gain. Where Food Comes From reported first-quarter 2026 revenues of $5.4 million, up from $5.3 million in the prior-year quarter, driven primarily by growth in verification and certification services. Verification and certification revenues increased 6% year over year to $4.4 million from $4.2 million, while product sales edged up to $713,000 from $702,000. Professional services revenues declined to $228,000 from $389,000. Net income rose to $92,000, or 2 cents per diluted share, from $31,000, or 1 cent per diluted share, in the year-ago quarter. Where Food Comes From Inc. price-consensus-eps-surprise-chart | Where Food Comes From Inc. Quote Gross profit declined to $2.04 million from $2.20 million in the prior-year quarter as gross margin contracted to 39% from 42%. Management attributed the lower margin primarily to higher insurance and personnel costs. Total costs of revenues increased to $3.32 million from $3.08 million a year earlier. Selling, general and administrative expenses fell 15% year over year to $1.7 million from $2.1 million. The company said that the decrease reflected management’s decision to forgo 2025 bonus compensation following fourth-quarter results. Operating income improved to $298,000 from $142,000 in the prior-year period. Cash provided by operations totaled $523,000 during the quarter compared with $632,000 a year earlier. On the balance sheet, cash and cash equivalents increased slightly to $3.28 million as of March 31, 2026 from $3.20 million as of Dec. 31, 2025. Accounts receivable rose to $2.06 million from $1.68 million, while total assets increased to $13.23 million from $12.90 million at year-end 2025. Management pointed to steady customer additions and increasing demand for food verification and certification services as key contributors to the quarter’s growth. CEO John Saunders said that the company continued to face headwinds tied to smaller cattle herd sizes and tariffs but added that customer wins in beef-related services helped offset some of those pressures. A major focus during the quarter was the launch of...

First Quarter Highlights – 2026 vs. 2025 Verification and certification revenue increased to $4.4 million from $4.2 million Product sales increased slightly to $713,000 from $702,000 Total revenue increased to $5.4 million from $5.3 million Net income of $92,000, or $0.02 per share, up from $31,000, or $0.01 per share Company bought back 24,469 shares of its common stock at a cost of $293,000 Total buybacks since plan inception (including private purchases): 1,399,121 shares at a cost of approximately $15.5 million CASTLE ROCK, Colo., May 14, 2026 (GLOBE NEWSWIRE) -- Where Food Comes From, Inc. (WFCF) (Nasdaq: WFCF), the most trusted resource for independent, third-party verification of food production practices in North America, today announced financial results for its first quarter ended March 31, 2026. “We are pleased with our year-over-year revenue growth and return to profitability in the first quarter,” said John Saunders, CEO. “Despite continued headwinds related to smaller herd sizes and tariffs, we are adding new customers for beef-related services and making good progress with our new RaiseWell™ Certified program that Whole Foods Market adopted in the first quarter for its beef supply. We will expand RaiseWell over time to support poultry, eggs, dairy, and pork production as well. We are also adding customers for non-beef related services such as Upcycled Certified – our fastest growing service – and a variety of certifications for other food categories. Based on growing consumer demand for more information and transparency in the food supply chain, we remain bullish about future growth prospects and the overall trajectory of our industry.” First Quarter Results – 2026 vs. 2025Total revenue in the first quarter ended March 31, 2026, increased to $5.4 million from $5.3 million. Revenue mix included: Verification and certification services revenue of $4.4 million vs. $4.2 million. Product revenue up slightly to $713,000 from $702,000. Professional services revenue declined to $228,000 from $389,000. Gross margins were lower at 39% versus 42% year over year due to higher insurance and personnel costs. Selling, general and administrative expense was 15% lower at $1.7 million compared to $2.1 million due to management’s decision to forego 2025 bonus compensation following fourth quarter results. Net income in the first quarter was $92,000, or $0.02 per...

Our analysts just identified a stock with the potential to be the next Nvidia. Tell us how you invest and we'll show you why it's our #1 pick. Tap here. Achieved a return to profitability and 6% growth in verification revenue despite persistent headwinds from high tariffs and a shrinking national cattle herd. Launched the 'Raise Well' program to capture demand for premium protein products verified for animal care and antibiotic-free status, securing Whole Foods Market as the first major retail partner. Mitigated lower cattle volumes in product sales by shifting the mix toward premium tags with advanced features, resulting in a slight year-over-year revenue increase. Leveraged a bundling strategy across the solutions portfolio to incentivize customers to adopt multiple certifications, improving cost and time efficiency for producers. Diversified revenue streams through solid growth in non-beef business lines, specifically within pork, dairy, egg operations, and specialty certifications like organic and upcycled. Positioned the company as a critical infrastructure partner for animal disease response, citing the potential to deploy traceability systems if the Mexican screwworm outbreak crosses into the U.S. Anticipates long-term profitable growth by continuing to scale the 'Raise Well' program across additional protein categories including bison, poultry, and dairy. Maintains readiness to support USDA and animal health officials with contact tracing systems via the IMI Global unit and CattleTrace partnership in the event of a domestic disease outbreak. Commits to ongoing capital return through the stock repurchase program, following the buyback of 24,469 shares in the first quarter. Expects continued momentum in non-GMO, gluten-free, and upcycled certifications as consumer demand for transparent food sourcing remains a primary market driver. One stock. Nvidia-level potential. 30M+ investors trust Moby to find it first. Get the pick. Tap here. The cattle industry continues to face an 'unusual period of disruption' caused by a confluence of macro factors and temporary tag subsidies offered to ranchers. Management highlighted the New World screwworm outbreak in Mexico as a significant regional risk that could necessitate rapid deployment of the company's traceability technology. Total capital returned to shareholders via buybacks since plan inception reached appro...

CASTLE ROCK, Colo., May 12, 2026 (GLOBE NEWSWIRE) -- Where Food Comes From, Inc. (WFCF) (Nasdaq: WFCF), the most trusted resource for independent, third-party verification of food production practices in North America, today announced it will release its 2026 first quarter financial results before the market opens on Thursday May 14, 2026, and conduct a conference call the same day at 10:00 a.m. Mountain Time (12:00 p.m. Eastern). Dial-in numbers for the conference call: Domestic Toll Free: 1-877-407-8289 International: 1-201-689-8341 Conference Code: 13760621 Phone replay: A telephone replay of the conference call will be available through May 28, 2026: Domestic Toll Free: 1-877-660-6853 International: 1-201-612-7415 Conference Code: 13760621 About Where Food Comes From, Inc. Where Food Comes From, Inc. is America’s trusted resource for third party verification of food production practices. Through proprietary technology and patented business processes, the Company estimates that it supports more than 17,500 farmers, ranchers, vineyards, wineries, processors, retailers, distributors, trade associations, consumer brands and restaurants with a wide variety of value-added services. Where Food Comes From solutions are used to verify food claims, optimize production practices and enable food supply chains with analytics and data driven insights. In addition, the Company’s Where Food Comes From® retail and restaurant labeling program uses web-based customer education tools to connect consumers to the sources of the food they purchase, increasing meaningful consumer engagement for our clients. Contact: Jay Pfeiffer Investor Relations Director 303-880-9000 [email protected]

This article first appeared on GuruFocus. Total Revenue: $24.9 million for 2025. Net Income: $1.5 million or $0.30 per share. Share Repurchases: 183,016 shares repurchased in 2025, totaling $15.2 million in value returned to shareholders. Non-Beef Related Revenue Streams: Continued growth in verifications for pork, dairy, and egg operations. Certification Activity: Gains in organic, non-GMO, gluten-free, and upcycled certifications. Executive Compensation: Reduction in compensation expense due to executive management returning bonus compensation. Warning! GuruFocus has detected 4 Warning Sign with WFCF. Is WFCF fairly valued? Test your thesis with our free DCF calculator. Release Date: February 26, 2026 For the complete transcript of the earnings call, please refer to the full earnings call transcript. Where Food Comes From Inc (NASDAQ:WFCF) reported total revenue of $24.9 million and net income of $1.5 million for 2025, indicating steady growth in new customer wins and non-beef related revenue streams. The company launched RaiseWell Certified, a new standard for animal care and traceable supply chains, which has been adopted by Whole Foods Market, enhancing its credibility and potential for wider adoption. WFCF is expanding its services portfolio with new certifications and protein programs, positioning itself for accelerated growth as the cattle industry begins to recover. The company is collaborating with Pangaea, Walmart, and Prime Pursuits to introduce Care certified sustainable leather to US automotive brands, enhancing the value of ranchers' herds. WFCF continues to grow its non-beef related business lines, with verifications for pork, dairy, and egg operations increasing year over year, and certifications for organic, non-GMO, gluten-free, and upcycled products showing gains. The unexpected closing of a packing plant significantly impacted WFCF's fourth quarter revenue and internal projections, affecting discretionary bonuses for the year. Shrinking herd sizes due to drought and increasing production costs have led to a 70-year low in US cattle supply, impacting WFCF's beef-related verification activity and tag sales. Some ranchers are reducing their investment in certain verifications provided by WFCF due to record high beef prices. The company faces challenges in navigating the current period of disruption in the cattle industry, which is unlike an...

Where Food Comes From reported 2025 total revenue of $24.9 million and net income of $1.5 million (or $0.30 per share), but Q4 was materially impacted by the unexpected closing of a key packing plant and weaker beef verification activity amid a U.S. cattle supply at a 70‑year low and tariff pressures. Management is pivoting toward non‑beef growth and new offerings — including the RaiseWell Certified standard (adopted by Whole Foods), integration with CARE Certified, a sustainable leather traceability collaboration, and positioning for an eventual animal disease traceability (ADT) solution — to diversify revenue as cattle supply recovers. Executives returned their bonus compensation to offset the forecast miss (reducing SG&A and to be reflected in the first‑quarter Form 10‑Q), and the company repurchased 183,016 shares in 2025, bringing total buybacks to 1,374,652 shares (about $15.2 million), with further repurchases expected in 2026. Interested in Where Food Comes From Inc.? Here are five stocks we like better. Where Food Comes From (NASDAQ:WFCF) detailed its 2025 fourth-quarter and full-year results on its earnings call, pointing to continued customer wins and growth in non-beef verification services even as industry-wide cattle supply constraints and tariffs weighed on its beef-related activity. CEO John Saunders said the company reported 2025 total revenue of $24.9 million and net income of $1.5 million, or $0.30 per share. Saunders said steady growth from new customers and non-beef-related revenue streams was offset by declines in beef-related verification activity tied to smaller herd sizes and the impact of tariffs. → SoundHound’s New Sales Assist Agent Put Voice AI Back in the Spotlight He added that fourth-quarter revenue was “particularly impacted” by the unexpected closing of a packing plant that had been an important contributor to the company’s NHTC, natural, and EU export certification programs. Saunders said the packing plant closure had a significant impact on internal projections that management and the board used when determining discretionary bonuses for the year. As a result, he said executive management decided to return their bonus compensation to the company. → Diamondback Sees Resilient Demand Despite Cautious Guidance According to Saunders, this decision will reduce compensation expense in selling, general and administrative costs, a...

Full Year Highlights – 2025 vs. 2024 Verification and certification revenue: $20.1M vs. $20.6M Product sales: $3.6M vs. $3.8M Total revenue: $24.9M vs. $25.7M Net income: $1.5M vs. $2.1M Diluted EPS: $0.30 vs. $0.40 Cash generated from operations: $1.6M vs. $2.7M Cash & cash equivalents: $3.2M vs. $2.0M at 2024 year-end Stock buybacks: 183,016 shares Total buybacks since plan inception (including private purchases): 1,374,652 shares at purchase price of approximately $15.2 million Fourth Quarter Highlights – 2025 vs. 2024 Verification and certification revenue: $5.0M vs. $5.4M Product sales: $0.7M vs. $0.9M Total revenue: $6.0M vs. $6.7M Net loss of $0.2M vs. net income of $1.0M Diluted EPS: ($0.04) vs. $0.18 Stock buybacks: 66,469 shares CASTLE ROCK, Colo., Feb. 26, 2026 (GLOBE NEWSWIRE) -- Where Food Comes From, Inc. (WFCF) (Nasdaq: WFCF), the most trusted resource for independent, third-party verification of food production practices in North America, today announced financial results for its fourth quarter and full-year ended December 31, 2025. “Record high beef prices driven by trade restrictions and smaller herd sizes continued to impact our beef-related verification revenue as some legacy customers have cut back on verification activity. Although the US cattle supply is at its lowest level in 70 years, there are indications that this downtrend will stabilize later in 2026 and begin to rebound next year,” said John Saunders, Chairman and CEO. “In the meantime, much of the decline in beef related verification activity has been offset by strong demand for our growing portfolio of non-beef certifications – particularly in non-GMO, Gluten Free, Organic and Upcycled product offerings. “In anticipation of the eventual recovery of the US Cattle industry, we are also expanding the number of beef certifications we offer,” Saunders added. “Early this year we launched RaiseWell® Certified, a new standard that addresses consumer and retailer demand for responsibly raised proteins. This week we announced that Whole Foods Market, a pioneer in advancing farm animal welfare, became the first retailer to adopt RaiseWell for its beef supply. The RaiseWell program will be expanded to include poultry, eggs, dairy and pork, and we are optimistic that this new offering will become a significant contributor to revenue over time. RaiseWell seamlessly integrates with our CARE...

Performance was significantly impacted by the U.S. cattle supply reaching a 70-year low due to drought and rising production costs, which reduced rancher investment in verifications. Fourth quarter revenue faced an unexpected headwind from the closure of a major packing plant that served as a key contributor to NHTC, Natural, and EU export certification programs. Management is mitigating beef-related volatility by expanding non-beef revenue streams, with year-over-year growth recorded in pork, dairy, egg, and organic certifications. The company is leveraging a 'bundling' strategy for its services, which management identifies as a primary competitive advantage for improving margins and customer retention. Executive management elected to return their 2025 bonus compensation to the company to offset the impact of missed internal projections, which will reduce SG&A expenses in Q1 2026. The company is pivoting toward higher-integrity standards like 'RaiseWell' to differentiate products for high-end retailers and food service operators seeking transparent supply chains. Management anticipates the cattle cycle is at or near a bottom, with a multi-year industry rebuilding phase expected to begin in the near term. The 'RaiseWell' program, recently adopted by Whole Foods Market, is expected to serve as a catalyst for further adoption by other leading retailers as time goes on. The company is positioning itself as the primary technical infrastructure provider for a potential mandatory U.S. Animal Disease Traceability (ADT) program through its work with U.S. CattleTrace. Strategic expansion plans for the 'RaiseWell' standard include moving beyond beef into poultry, eggs, dairy, and pork categories over time. Capital allocation strategy for 2026 remains focused on share repurchases, following the $15.2 million in value already returned to shareholders since plan inception. Our analysts just identified a stock with the potential to be the next Nvidia. Tell us how you invest and we'll show you why it's our #1 pick. Tap here. The closure of a key packing plant created a material gap in projected certification volumes for export-related programs. Record-high beef prices have created a temporary deterrent for ranchers to participate in discretionary verification and tag programs. The lack of a mandatory national traceability program in the U.S. remains a structural risk, thou...

CASTLE ROCK, Colo., Feb. 24, 2026 (GLOBE NEWSWIRE) -- Where Food Comes From, Inc. (WFCF) (Nasdaq: WFCF), the most trusted resource for independent, third-party verification of food production practices in North America, today announced it will release its 2025 financial results before the market opens on Thursday, February 26, 2026, and conduct a conference call the same day at 10:00 a.m. Mountain Time (12:00 p.m. Eastern). Dial-in numbers for the conference call: Domestic Toll Free: 1-877-407-8289 International: 1-201-689-8341 Conference Code: 13758965 Phone replay: A telephone replay of the conference call will be available through March 12, 2026: Domestic Toll Free: 1-877-660-6853 International: 1-201-612-7415 Conference Code: 13758965 About Where Food Comes From, Inc. Where Food Comes From, Inc. is America’s trusted resource for third party verification of food production practices. Through proprietary technology and patented business processes, the Company estimates that it supports more than 17,500 farmers, ranchers, vineyards, wineries, processors, retailers, distributors, trade associations, consumer brands and restaurants with a wide variety of value-added services. Where Food Comes From solutions are used to verify food claims, optimize production practices and enable food supply chains with analytics and data driven insights. In addition, the Company’s Where Food Comes From® retail and restaurant labeling program uses web-based customer education tools to connect consumers to the sources of the food they purchase, increasing meaningful consumer engagement for our clients. Contact: Jay Pfeiffer Investor Relations Director 303-880-9000 [email protected]