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

Where Food Comes From (NASDAQ:WFCF) announced its quarterly earnings data on Thursday. The company reported $0.17 EPS for the quarter, beating analysts’ consensus estimates of $0.05 by $0.12, Zacks reports. The firm had revenue of $7.33 million for the quarter, compared to analyst estimates of $4.90 million. Where Food Comes From had a return on equity of 15.39% and a net margin of 5.78%.

Here are the key takeaways from Where Food Comes From’s conference call:

• Revenue grew 4% to $7.3 million in the third quarter, with the core verification and certification segment up 6%. Beef-related demand rebounded despite smaller cattle herds and fewer animals moving through the system.
• RaiseWell Certified is gaining traction: Whole Foods extended the standard to poultry, pork, and lamb, and 347,000 cattle are approved so far. The company says ranchers can receive premiums of about $100 per head for cattle verified to one or more standards.
• Organic certification continued to expand, reaching more than 1,500 operations and over 1 million acres. The company added more than 94 customers in the first nine months of 2026, including over 30 operations that switched from other certification bodies.
• Profitability improved: third-quarter gross margin rose 380 basis points to 42.1%, while operating income increased 68% to $1 million. SG&A was flat year over year, and the company continued share repurchases, buying back 21,170 shares during the quarter.

Where Food Comes From Trading Up 6.5%

Shares of NASDAQ WFCF opened at $17.03 on Friday. The firm has a market capitalization of $84.81 million, a PE ratio of 57.11 and a beta of 0.14. Where Food Comes From has a 1 year low of $9.15 and a 1 year high of $22.15. The firm’s 50-day moving average is $13.94 and its 200-day moving average is $12.76.

Analysts Set New Price Targets

Separately, Weiss Ratings upgraded Where Food Comes From from a “hold (c-)” rating to a “hold (c)” rating in a research report on Thursday, September 24th. One investment analyst has rated the stock with a Hold rating. Based on data from MarketBeat.com, Where Food Comes From presently has an average rating of “Hold”.

Where Food Comes From Company Profile

Where Food Comes From, Inc. provides verification, certification, and traceability services for the agricultural and food industries. The company helps producers, processors, retailers, and food brands substantiate claims about how products are raised, grown, sourced, and handled throughout the supply chain. Its services include source and origin verification, sustainability and production-practice audits, animal welfare assessments, organic and non-GMO certification support, and supply-chain data and traceability solutions.