tradingkey.logo

Where Food Comes From Inc Q4 revenue falls as some legacy customers cut back

ReutersFeb 26, 2026 1:40 PM


Overview

  • Food verification firm's Q4 revenue fell yr/yr, with a net loss reported

  • Full-year revenue decreased to $24.9 mln from $25.7 mln in 2024

  • Company repurchased 183,016 shares in 2025, continuing its buyback program


Outlook

  • Company anticipates US cattle industry stabilization and recovery beginning in 2026

  • Company expands beef certifications, launches RaiseWell program adopted by Whole Foods

  • Company plans continued stock repurchases in 2026


Result Drivers

  • BEEF VERIFICATION DECLINE - Record high beef prices and reduced cattle supply led to decreased beef-related verification revenue, per CEO John Saunders

  • NON-BEEF CERTIFICATIONS - Strong demand for non-GMO, Gluten Free, Organic, and Upcycled certifications helped offset beef-related declines

  • RAISEWELL CERTIFIED LAUNCH - Launched RaiseWell Certified program, adopted by Whole Foods Market, to address demand for responsibly raised proteins


Company press release: ID:nGNX1Y7R5P


Key Details

Metric

Beat/Miss

Actual

Consensus Estimate

FY EPS

$0.30

FY Net Income

$1.50 mln

FY Gross Profit

$9.50 mln


For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.

Disclaimer: The information provided on this website is for educational and informational purposes only and should not be considered financial or investment advice.

Related Articles

KeyAI