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

Where Food Comes From

26/02/2026 13:40

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


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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)