Filing Flows › Innovative Food Holdings (IVFH) › Q1 2026 › vs Q4 2025
Innovative Food Holdings (IVFH) Q1 2026 vs Q4 2025 (quarter over quarter)
Innovative Food Holdings's revenue rose $746K (+7%) from $11.4M in Q4 2025 to $12.2M in Q1 2026. The biggest changes: Local Distribution +$474K (+18%); Digital Channels +$405K (+7%); National Distribution −$133K (-5%). Gross margin 25.6% against 31.3% (-5.6 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 Q4 2025, the increases inside each band.
Margins
| Q1 2026 | Q4 2025 | Change | |
|---|---|---|---|
| Gross margin | 25.6% | 31.3% | -5.6 pts |
| Operating margin | 2.9% | 7.7% | -4.9 pts |
| Net margin | 15.1% | 0.2% | +14.9 pts |
Every line
| Line | Q1 2026 | Q4 2025 | Change | % |
|---|---|---|---|---|
| Digital Channels | $6.6M | $6.2M | $405K | +7% |
| Local Distribution | $3.1M | $2.6M | $474K | +18% |
| National Distribution | $2.5M | $2.6M | −$133K | -5% |
| Revenue | $12.2M | $11.4M | $746K | +7% |
| Gross profit | $3.1M | $3.6M | −$451K | -13% |
| Cost of revenue | $9.1M | $7.9M | $1.2M | +15% |
| Other income, net | $1.5M | −$779K | $2.3M | — |
| Operating profit | $351K | $885K | −$535K | -60% |
| Operating expenses | $2.8M | $2.7M | $83K | +3% |
| Pre-tax earnings | $1.8M | $107K | $1.7M | 17× |
| Net earnings | $1.8M | $26K | $1.8M | 71× |
| Operating cash sources | $2.2M | −$535K | $2.7M | — |
| Depreciation & amortization | $60K | $56K | $4K | +7% |
| Share-based compensation | $24K | $43K | −$19K | -44% |
| Cash used in operations | $234K | −$660K | $894K | — |
| Working capital & other | $2.2M | −$535K | $2.7M | — |
Questions
How much did Innovative Food Holdings's revenue grow quarter over quarter in Q1 2026?
Innovative Food Holdings's revenue rose $746K (+7%) from $11.4M in Q4 2025 to $12.2M in Q1 2026.
What drove Innovative Food Holdings's revenue change in Q1 2026?
Local Distribution +$474K (+18%); Digital Channels +$405K (+7%); National Distribution −$133K (-5%).