Where Food Comes From, Inc.WFCFEarnings & Financial Report
Where Food Comes From, Inc. is a leading provider of food traceability, verification, and certification solutions for the agricultural and food production industries. Its services support producers, processors, and retailers across North America to validate food origin, sustainability practices, animal welfare standards, and product authenticity for end consumers.
WFCF Q4 FY2025 Key Financial Metrics
Revenue
$6.0M
Gross Profit
$2.2M
Operating Profit
$-60.0K
Net Profit
$-203.0K
Gross Margin
35.9%
Operating Margin
-1.0%
Net Margin
-3.4%
YoY Growth
-9.3%
EPS
$-0.04
Where Food Comes From, Inc. Q4 FY2025 Financial Summary
Where Food Comes From, Inc. reported revenue of $6.0M (down 9.3% YoY) for Q4 FY2025, with a net profit of $-203.0K (down 121.1% YoY) (-3.4% margin). Cost of goods sold was $3.9M, operating expenses totaled $2.2M.
Key Financial Metrics
| Total Revenue | $6.0M |
|---|---|
| Net Profit | $-203.0K |
| Gross Margin | 35.9% |
| Operating Margin | -1.0% |
| Report Period | Q4 FY2025 |
Revenue Breakdown
Where Food Comes From, Inc. Q4 FY2025 revenue of $6.0M breaks down across 2 segments, led by Verification And Certification Service Revenue at $5.0M (83.3% of total).
| Segment | Revenue | % of Total |
|---|---|---|
| Verification And Certification Service Revenue | $5.0M | 83.3% |
| Other | $1.0M | 16.7% |
Where Food Comes From, Inc. Revenue by Segment — Quarterly Trend
Where Food Comes From, Inc. revenue by segment across the last 4 reported quarters, showing how each business line (such as Verification And Certification Service Revenue and Other) has evolved quarter over quarter.
| Segment | Q4 FY2025 | Q3 FY2025 | Q2 FY2025 | Q1 FY2025 |
|---|---|---|---|---|
| Verification And Certification Service Revenue | $5.0M | $5.6M | $5.3M | $4.2M |
| Other | $1.0M | $257.0K | $1.2M | $1.1M |
Where Food Comes From, Inc. Annual Revenue by Year
Where Food Comes From, Inc. annual revenue history includes year-by-year totals (for example, 2025 revenue was $24.9M).
Where Food Comes From, Inc. Quarterly Revenue & Net Profit History
Where Food Comes From, Inc. results over the last 8 reported quarters, including revenue, net profit and year-over-year growth.
| Quarter | Revenue | Revenue YoY | Net Profit | Net Margin |
|---|---|---|---|---|
| Q4 FY2025 | $6.0M | -9.3% | $-203.0K | -3.4% |
| Q3 FY2025 | $7.0M | -1.3% | $1.1M | 16.3% |
| Q2 FY2025 | $6.6M | +2.6% | $562.0K | 8.6% |
| Q1 FY2025 | $5.3M | -5.5% | $31.0K | 0.6% |
| Q4 FY2024 | $6.7M | -1.0% | $961.0K | 14.4% |
| Q3 FY2024 | $7.1M | +1.4% | $492.0K | 6.9% |
| Q2 FY2024 | $6.4M | +4.4% | $489.0K | 7.6% |
| Q1 FY2024 | $5.6M | +6.0% | $178.0K | 3.2% |
Income Statement
| Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $5.6M | $6.4M | $7.1M | $6.7M | $5.3M | $6.6M | $7.0M | $6.0M |
| YoY Growth | 6.0% | 4.4% | 1.4% | -1.0% | -5.5% | 2.6% | -1.3% | -9.3% |
Balance Sheet
| Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|---|
| Assets | $15.4M | $16.8M | $16.9M | $15.3M | $15.2M | $16.6M | $16.9M | $12.9M |
| Liabilities | $5.8M | $7.1M | $7.5M | $5.4M | $5.6M | $6.7M | $6.6M | $3.6M |
| Equity | $9.6M | $9.7M | $9.5M | $9.9M | $9.6M | $10.0M | $10.3M | $9.3M |
Cash Flow
| Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|---|
| Operating CF | $700000 | $1.2M | $912000 | $-50000 | $632000 | $1.2M | $501000 | $-707000 |