Where Food Comes From (NASDAQ:WFCF) Announces Quarterly Earnings Results

Where Food Comes From (NASDAQ:WFCF) issued its quarterly earnings data on Thursday. The company reported $0.02 earnings per share for the quarter, Zacks reports. Where Food Comes From had a net margin of 6.17% and a return on equity of 15.69%. The business 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 Performance

Shares of WFCF traded down $0.67 during mid-day trading on Thursday, reaching $10.34. The company had a trading volume of 28,491 shares, compared to its average volume of 9,910. The company’s 50 day simple moving average is $12.74 and its 200 day simple moving average is $12.20. The company has a market capitalization of $52.22 million, a price-to-earnings ratio of 34.47 and a beta of 0.12. Where Food Comes From has a 1-year low of $9.50 and a 1-year high of $22.15.

Institutional Trading of Where Food Comes From

A number of hedge funds and other institutional investors have recently modified their holdings of the stock. Cetera Investment Advisers acquired a new position in shares of Where Food Comes From during the fourth quarter worth $152,000. Aristides Capital LLC increased its holdings in shares of Where Food Comes From by 4.2% during the fourth quarter. Aristides Capital LLC now owns 32,551 shares of the company’s stock worth $374,000 after buying an additional 1,300 shares in the last quarter. Finally, Vanguard Group Inc. increased its holdings in shares of Where Food Comes From by 3.2% during the third quarter. Vanguard Group Inc. now owns 160,911 shares of the company’s stock worth $2,164,000 after buying an additional 5,017 shares in the last quarter. Institutional investors own 18.84% of the company’s stock.

Analyst Ratings Changes

Separately, Weiss Ratings cut shares of Where Food Comes From from a “hold (c-)” rating to a “sell (d+)” rating in a research report on Wednesday. One equities research analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, Where Food Comes From 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.