Filing Flows › Innovative Food Holdings (IVFH) › Q1 2026 › vs Q1 2025
Innovative Food Holdings (IVFH) Q1 2026 vs Q1 2025 (year over year)
Innovative Food Holdings's revenue fell $2.8M (-19%) from $15.0M in Q1 2025 to $12.2M in Q1 2026. The biggest changes: Local Distribution −$1.4M (-31%); Digital Channels −$1.2M (-15%); National Distribution −$324K (-12%). Gross margin 25.6% against 26.1% (-0.4 pts).
Innovative Food Holdings, Q1 2026: revenue $12.2M (-19% year over year), operating margin 2.9%, net earnings $1.8M, operating cash flow −$234K. The chart draws each line against Q1 2025, the increases inside each band.
Margins
| Q1 2026 | Q1 2025 | Change | |
|---|---|---|---|
| Gross margin | 25.6% | 26.1% | -0.4 pts |
| Operating margin | 2.9% | 1.7% | +1.1 pts |
| Net margin | 15.1% | -2.9% | +18.0 pts |
Every line
| Line | Q1 2026 | Q1 2025 | Change | % |
|---|---|---|---|---|
| Digital Channels | $6.6M | $7.8M | −$1.2M | -15% |
| Local Distribution | $3.1M | $4.4M | −$1.4M | -31% |
| National Distribution | $2.5M | $2.8M | −$324K | -12% |
| Revenue | $12.2M | $15.0M | −$2.8M | -19% |
| Gross profit | $3.1M | $3.9M | −$798K | -20% |
| Cost of revenue | $9.1M | $11.1M | −$2.1M | -18% |
| Other income, net | $1.5M | −$691K | $2.2M | — |
| Operating profit | $351K | $260K | $90K | +35% |
| Operating expenses | $2.8M | $3.7M | −$888K | -24% |
| Pre-tax earnings | $1.8M | −$430K | $2.3M | — |
| Net earnings | $1.8M | −$430K | $2.3M | — |
| Operating cash sources | $2.2M | $758K | $1.4M | +185% |
| Depreciation & amortization | $60K | $110K | −$49K | -45% |
| Share-based compensation | $24K | $101K | −$77K | -76% |
| Cash used in operations | $234K | $977K | −$744K | -76% |
| Working capital & other | $2.2M | $758K | $1.4M | +185% |
Questions
How much did Innovative Food Holdings's revenue grow year over year in Q1 2026?
Innovative Food Holdings's revenue fell $2.8M (-19%) from $15.0M in Q1 2025 to $12.2M in Q1 2026.
What drove Innovative Food Holdings's revenue change in Q1 2026?
Local Distribution −$1.4M (-31%); Digital Channels −$1.2M (-15%); National Distribution −$324K (-12%).