Every 10-Q that Where Food Comes From, Inc. (WFCF) has filed with the SEC in the last 24 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 10-Q covers the quarterly report filed between annual reports, so if you follow WFCF and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full WFCF filings page.
Where Food Comes From, Inc. reported Q2 2026 revenues of $6,611 thousand, slightly above $6,562 thousand a year earlier, as verification and certification service revenue rose to $5,389 thousand. Net income for the quarter was $413 thousand, or $0.08 per basic and diluted share, compared with $562 thousand, or $0.11 per share, in Q2 2025, reflecting lower other income driven by an unrealized loss on digital assets.
For the first six months of 2026, revenue reached $11,976 thousand and net income was $505 thousand ($0.10 per share). Cash and cash equivalents increased to $3,417 thousand, supported by $1,460 thousand of operating cash flow, while the company used $1,102 thousand to repurchase common shares under its Stock Buyback Plan. Management highlights ongoing cattle-cycle contraction, tight cattle supplies, and trade, inflation and weather uncertainties as key factors influencing verification demand and revenue seasonality.
Where Food Comes From, Inc. reported slightly higher results for the quarter ended March 31, 2026. Total revenue was $5.4 million, up from about $5.3 million a year earlier, as verification and certification service revenue grew while professional services declined.
Net income increased to $92,000, or $0.02 per basic and diluted share, compared with $31,000, or $0.01 per share, in the prior-year quarter. Gross profit dipped as cost of revenues rose, but selling, general and administrative expenses fell, partly due to executive bonuses being returned.
The company ended the quarter with $3.3 million in cash, positive operating cash flow of $0.5 million, and deferred revenue of about $1.5 million. It continued repurchasing shares under its Stock Buyback Plan and held Bitcoin with a fair value of $0.5 million, recognizing a fair value loss during the period.
Where Food Comes From, Inc. (WFCF) reported Q3 2025 results. Revenue was $7.015 million versus $7.107 million a year ago as verification and certification services edged up while product and professional services softened. Gross profit was $2.686 million and operating income was $0.575 million.
Net income rose to $1.146 million ($0.22 per diluted share) from $0.492 million ($0.09), driven by $0.946 million gain on the sale of the Progressive Beef equity stake and a $48,000 fair value gain on digital assets. For the nine months, revenue was $18.850 million and net income was $1.739 million ($0.34 per diluted share).
Cash increased to $4.759 million from $2.012 million at year-end, supported by $2.314 million operating cash flow and $1.716 million from investing, mainly the Progressive Beef sale. The company repurchased 60,721 shares for $718,000 in Q3. Digital assets totaled $798,000 (7 Bitcoin) at fair value as of September 30, 2025. Shares outstanding were 5,111,945 as of November 3, 2025.