# Where Food Comes From, Inc.: overview

WFCF · Nasdaq · CIK 1360565 · [Technology](/sectors/technology.md) · fiscal year ends Dec 31

Pages: [Overview](/companies/wfcf.md) · [Financials](/companies/wfcf/financials.md) · [Filings](/companies/wfcf/filings.md) · [Insiders](/companies/wfcf/insiders.md)

Latest reported revenue: [$6.6m](/filings/0001493152-26-036301.md) for Q2 FY2026, three months to 2026-06-30, from the 10-Q filed Aug 6, 2026 (XBRL us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax, accession 0001493152-26-036301).

## Last eight quarters

| Line item | Unit | Q3 FY2024 (2024-09-30) | Q4 FY2024 (2024-12-31) | Q1 FY2025 (2025-03-31) | Q2 FY2025 (2025-06-30) | Q3 FY2025 (2025-09-30) | Q4 FY2025 (2025-12-31) | Q1 FY2026 (2026-03-31) | Q2 FY2026 (2026-06-30) |
| --- | --- | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: |
| Revenue | $k | [7,107](/filings/0001493152-25-022201.md) | [6,662 d](/filings/0001493152-26-008155.md) | [5,273](/filings/0001493152-26-022933.md) | [6,562](/filings/0001493152-26-036301.md) | [7,015](/filings/0001493152-25-022201.md) | [6,042 d](/filings/0001493152-26-008155.md) | [5,365](/filings/0001493152-26-022933.md) | [6,611](/filings/0001493152-26-036301.md) |
| Gross margin | % | [39.0%](/filings/0001493152-25-022201.md) | [42.0% d](/filings/0001493152-26-008155.md) | [41.6%](/filings/0001493152-26-022933.md) | [37.5%](/filings/0001493152-26-036301.md) | [38.3%](/filings/0001493152-25-022201.md) | [35.9% d](/filings/0001493152-26-008155.md) | [38.1%](/filings/0001493152-26-022933.md) | [40.6%](/filings/0001493152-26-036301.md) |
| Operating margin | % | [8.6%](/filings/0001493152-25-022201.md) | [11.3% d](/filings/0001493152-26-008155.md) | [2.7%](/filings/0001493152-26-022933.md) | [8.4%](/filings/0001493152-26-036301.md) | [8.2%](/filings/0001493152-25-022201.md) | [(1.0%) d](/filings/0001493152-26-008155.md) | [5.6%](/filings/0001493152-26-022933.md) | [10.1%](/filings/0001493152-26-036301.md) |
| Net margin | % | [6.9%](/filings/0001493152-25-022201.md) | [14.4% d](/filings/0001493152-26-008155.md) | [0.6%](/filings/0001493152-26-036301.md) | [8.6%](/filings/0001493152-26-036301.md) | [16.3%](/filings/0001493152-25-022201.md) | [(3.4%) d](/filings/0001493152-26-008155.md) | [1.7%](/filings/0001493152-26-036301.md) | [6.2%](/filings/0001493152-26-036301.md) |
| Diluted EPS | $ per share | [0.09](/filings/0001493152-25-022201.md) | not reported | [0.01](/filings/0001493152-26-022933.md) | [0.11](/filings/0001493152-26-036301.md) | [0.22](/filings/0001493152-25-022201.md) | not reported | [0.02](/filings/0001493152-26-022933.md) | [0.08](/filings/0001493152-26-036301.md) |
| Free cash flow | $k | [873 d](/filings/0001493152-25-022201.md) | [(79.0) d](/filings/0001493152-26-008155.md) | [603](/filings/0001493152-26-022933.md) | [1,147 d](/filings/0001493152-26-036301.md) | [443 d](/filings/0001493152-25-022201.md) | [(741) d](/filings/0001493152-26-008155.md) | [375](/filings/0001493152-26-022933.md) | [930 d](/filings/0001493152-26-036301.md) |

- Revenue. XBRL Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. Derived values: 12-month figure less the 9-month figure.
- Gross margin (gross profit / revenue). XBRL Gross profit: us-gaap:GrossProfit; Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. Derived values: 12-month figure less the 9-month figure.
- Operating margin (operating income / revenue). XBRL Operating income: us-gaap:OperatingIncomeLoss; Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. Derived values: 12-month figure less the 9-month figure.
- Net margin (net income / revenue). XBRL Net income: us-gaap:NetIncomeLoss; Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. Derived values: 12-month figure less the 9-month figure.
- Diluted EPS. XBRL Diluted EPS: us-gaap:EarningsPerShareDiluted.
- Free cash flow (operating cash flow − capital expenditure). XBRL Operating cash flow: us-gaap:NetCashProvidedByUsedInOperatingActivities; Capital expenditure: us-gaap:PaymentsToAcquirePropertyPlantAndEquipment. Derived values: 9-month figure less the 6-month figure; 12-month figure less the 9-month figure; 6-month figure less the 3-month figure.

## Last five fiscal years

| Line item | Unit | FY2021 (2021-12-31) | FY2022 (2022-12-31) | FY2023 (2023-12-31) | FY2024 (2024-12-31) | FY2025 (2025-12-31) |
| --- | --- | ---: | ---: | ---: | ---: | ---: |
| Revenue | $m | [21.9](/filings/0001493152-23-005851.md) | [24.8](/filings/0001493152-24-006846.md) | [25.1](/filings/0001493152-25-007682.md) | [25.7](/filings/0001493152-26-008155.md) | [24.9](/filings/0001493152-26-008155.md) |
| Gross margin | % | [44.4%](/filings/0001493152-23-005851.md) | [42.1%](/filings/0001493152-24-006846.md) | [41.9%](/filings/0001493152-25-007682.md) | [41.0%](/filings/0001493152-26-008155.md) | [38.2%](/filings/0001493152-26-008155.md) |
| Operating margin | % | [10.5%](/filings/0001493152-23-005851.md) | [10.7%](/filings/0001493152-24-006846.md) | [10.7%](/filings/0001493152-25-007682.md) | [8.6%](/filings/0001493152-26-008155.md) | [4.8%](/filings/0001493152-26-008155.md) |
| Net margin | % | [13.5%](/filings/0001493152-23-005851.md) | [8.0%](/filings/0001493152-24-006846.md) | [8.6%](/filings/0001493152-25-007682.md) | [8.2%](/filings/0001493152-26-008155.md) | [6.2%](/filings/0001493152-26-008155.md) |
| Diluted EPS | $ per share | [0.48](/filings/0001493152-23-005851.md) | [0.33](/filings/0001493152-24-006846.md) | [0.39](/filings/0001493152-25-007682.md) | [0.40](/filings/0001493152-26-008155.md) | [0.30](/filings/0001493152-26-008155.md) |
| Free cash flow | $m | [2.8](/filings/0001493152-23-005851.md) | [2.6](/filings/0001493152-24-006846.md) | [2.7](/filings/0001493152-25-007682.md) | [2.6](/filings/0001493152-26-008155.md) | [1.5](/filings/0001493152-26-008155.md) |

- Revenue. XBRL Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax.
- Gross margin (gross profit / revenue). XBRL Gross profit: us-gaap:GrossProfit; Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax.
- Operating margin (operating income / revenue). XBRL Operating income: us-gaap:OperatingIncomeLoss; Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax.
- Net margin (net income / revenue). XBRL Net income: us-gaap:NetIncomeLoss; Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax.
- Diluted EPS. XBRL Diluted EPS: us-gaap:EarningsPerShareDiluted.
- Free cash flow (operating cash flow − capital expenditure). XBRL Operating cash flow: us-gaap:NetCashProvidedByUsedInOperatingActivities; Capital expenditure: us-gaap:PaymentsToAcquirePropertyPlantAndEquipment.

Each value links to the filing it came from. d marks a derived value. A ratio is not reported when any input is missing.

## Insider purchases and sales

The last 20 open-market transactions on Form 4 (codes P and S). Reported price is as stated on the form, not a market price. [All insider transactions](/companies/wfcf/insiders.md)

None in coverage.

## Funds that report holding it

From each manager’s latest Form 13F, largest reported value first. Reported value is as filed: filing data, not a price. [All funds](/funds.md)

| Fund | Quarter ended | Reported value | Shares | Put or call | Change on the quarter before |
| --- | --- | ---: | ---: | --- | --- |
| [Sanctuary Advisors, LLC](/funds/1777271.md) | 2026-06-30 | $2.5m | 194,097 |  | Unchanged |
| [VANGUARD CAPITAL MANAGEMENT LLC](/funds/2100119.md) | 2026-06-30 | $1.9m | 152,849 |  | Added +4,554 |
| [BARD ASSOCIATES INC](/funds/1105907.md) | 2026-06-30 | $760.6k | 58,459 |  | Added +400 |
| [OSAIC HOLDINGS, INC.](/funds/1677044.md) | 2026-06-30 | $691.5k | 53,150 |  | Unchanged |
| [Aristides Capital LLC](/funds/1595521.md) | 2026-06-30 | $424.8k | 32,655 |  | Added +100 |
| [Cetera Investment Advisers](/funds/1666741.md) | 2026-06-30 | $331.4k | 25,470 |  | Unchanged |
| [GEODE CAPITAL MANAGEMENT, LLC](/funds/1214717.md) | 2026-06-30 | $295.8k | 23,842 |  | Reduced −3,004 |
| [VANGUARD FIDUCIARY TRUST CO](/funds/933478.md) | 2026-06-30 | $221.7k | 17,876 |  | Reduced −1,299 |
| [ROGCO, LP](/funds/1998892.md) | 2026-06-30 | $218.7k | 16,813 |  | Unchanged |
| [DGS Capital Management, LLC](/funds/1900110.md) | 2026-03-31 | $147.0k | 11,042 |  | Not compared |

## Recent filings

[All 350 filings](/companies/wfcf/filings.md)

| Filed | Accepted | Form | What it is | Accession |
| --- | --- | --- | --- | --- |
| 2026-09-15 | 15:46 ET | [10-Q/A](/filings/0001493152-26-042699.md) | Quarterly report, amended, period 2026-03-31 | 0001493152-26-042699 |
| 2026-09-09 | 17:29 ET | [10-K/A](/filings/0001493152-26-041931.md) | Annual report, amended, period 2025-12-31 | 0001493152-26-041931 |
| 2026-08-10 | 17:23 ET | [8-K](/filings/0001493152-26-036804.md) | 2.02 Results of operations; 9.01 Financial statements and exhibits | 0001493152-26-036804 |
| 2026-08-06 | 16:52 ET | [10-Q](/filings/0001493152-26-036301.md) | Quarterly report, period 2026-06-30 | 0001493152-26-036301 |
| 2026-05-15 | 13:18 ET | [8-K](/filings/0001493152-26-023412.md) | 2.02 Results of operations; 9.01 Financial statements and exhibits | 0001493152-26-023412 |
| 2026-05-14 | 17:01 ET | [10-Q](/filings/0001493152-26-022933.md) | Quarterly report, period 2026-03-31 | 0001493152-26-022933 |
| 2026-04-10 | 23:27 ET | [8-K](/filings/0001493152-26-015965.md) | 5.07 Shareholder vote results | 0001493152-26-015965 |
| 2026-04-06 | 15:00 ET | [10-K/A](/filings/0001493152-26-015257.md) | Annual report, amended, period 2025-12-31 | 0001493152-26-015257 |
| 2026-03-06 | 11:10 ET | [DEF 14A](/filings/0001493152-26-009047.md) | Proxy statement, period 2026-03-06 | 0001493152-26-009047 |
| 2026-02-27 | 18:23 ET | [8-K](/filings/0001493152-26-008281.md) | 2.02 Results of operations; 9.01 Financial statements and exhibits | 0001493152-26-008281 |

## Latest annual report

[Form 10-K for the fiscal year ended Dec 31, 2025](/filings/0001493152-26-008155.md), filed Feb 26, 2026.

## Forecast league

Q3 FY2026, the quarter ended 2026-09-30, is open for forecasts until the first results filing for it is accepted by EDGAR. Results are due by \[object Promise\]. [Forecast this quarter](/leagues/2026q3/targets/655b6f3c-d257-462f-a1c2-8c86d2343c75)

## About the filer

- CIK: 1360565
- Tickers: WFCF
- Exchange: Nasdaq
- SIC code: 7372 Services-Prepackaged Software
- State of incorporation: not reported
- Filer category: Non-accelerated filer<br>Smaller reporting company

Source: SEC EDGAR, XBRL company facts, the filing index and Forms 4. Last ingested by Listed: Oct 24, 2026, 15:37 ET. No prices; not investment advice.
