Where Food Comes From Inc

Where Food Comes From, Inc. is a third-party food verification company operating in North America together with its subsidiaries. It conducts on-site and desk audits to verify claims about livestock, food, other specialty crops, and agricultural and aquaculture products, and offers value-added services such as verification, certification, consulting, and other professional services, along with hardware and technology solutions. Its customers include farmers, ranchers, vineyards, wineries, processors, retailers, distributors, trade associations, consumer brands, chefs, and restaurants, as well as beef and pork packers, organic producers and processors, and specialty retail chains. Formerly known as Integrated Management Information, Inc., the company changed its name to Where Food Comes From, Inc. in December 2012; it was founded in 1996 and is based in Castle Rock, Colorado.

WFCF▼2

Where Food Comes From Q2 Earnings Fall on Digital Asset Loss

Where Food Comes From reported second-quarter 2026 net income fell 26.5% to $413,000, or 8 cents per share, from $562,000, or 11 cents per share, a year earlier, as a $240,000 unfavorable swing in digital asset fair value offset margin gains. Revenue rose 1% to $6.611 million from $6.562 million, while operating income increased 21% to $665,000 from $549,000, and gross margin expanded 310 basis points to 40.6%. CEO John Saunders said record beef prices and smaller herd sizes pressured the flagship beef business, which represents roughly 50% of revenues, but demand for premium verified beef and expansion outside beef helped offset those conditions. The company repurchased 65,012 shares for $809,000 during the quarter and said it is renewing its acquisition search after a three-year pause.

WFCF ▼

Zacks Investment Research·36dRead more →