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Filing Flows › Where Food Comes From (WFCF) › How it makes money

How Where Food Comes From (WFCF) makes money

Where Food Comes From (WFCF) made $6.6M of revenue in the second quarter 2026 (Q2 2026), +0.7% from a year earlier. Verification and Certification Service Revenue brought in $5.4M (82%); Product brought in $937K (14%); Professional Services brought in $285K (4%). Of every dollar of revenue, 41¢ was left as gross profit, 10¢ was left as operating profit, 6¢ was left as net earnings.

Drawing the Sankey…

Where Food Comes From revenue by segment, Q2 2026Where Food Comes From revenue by segment, Q2 2026Verification and Certification Se…$5.4MProduct$937KProfessional Services$285K
Where Food Comes From: revenue by line, Q4 2024 to Q2 2026Where Food Comes From: revenue by line, Q4 2024 to Q2 2026Verification and Cert…ProductProfessional ServicesProduct SalesVerification and Certification Service Revenue: $5.4M latest$5.4MProduct: $937K latest$937KProfessional Services: $285K latestProduct Sales: $0 latestQ4 2024Q1 2025Q2 2025Q3 2025Q4 2025Q1 2026Q2 2026
The mix barely moved between Q4 2024 and Q2 2026.
Where Food Comes From revenue by quarterWhere Food Comes From revenue by quarter$6.7MQ4 2024$5.3MQ1 2025$6.6MQ2 2025$7.0MQ3 2025$6.0MQ4 2025$5.4MQ1 2026$6.6MQ2 2026
Where Food Comes From: where each dollar of revenue goesWhere Food Comes From: where each dollar of revenue goesCost of revenue59¢Gross profit41¢Operating expenses31¢Operating profit10¢Income tax3¢Net earnings6¢Operating cash flow14¢Free cash flow14¢

Revenue by segment, Q2 2026

SegmentRevenueShareQ/QY/Y
Verification and Certification Service Revenue$5.4M81.5%+22%+1%
Product$937K14.2%+31%-3%
Professional Services$285K4.3%+25%+7%

Where each dollar of revenue goes

LineQ2 2026% of revenue
Revenue$6.6M100.0%
Cost of revenue$3.9M59.4%
Gross profit$2.7M40.6%
Operating expenses$2.0M30.5%
Operating profit$665K10.1%
Income tax$193K2.9%
Net earnings$413K6.2%
Operating cash flow$937K14.2%
Free cash flow$930K14.1%

Revenue, quarter by quarter

QuarterRevenueY/Y
Q2 2026$6.6M+0.7%
Q1 2026$5.4M+2%
Q4 2025$6.0M-9%
Q3 2025$7.0M-1%
Q2 2025$6.6M+3%
Q1 2025$5.3M-6%
Q4 2024$6.7M-1%

From Where Food Comes From's 10-Q filed Aug 6, 2026 (on EDGAR).

Questions

How does Where Food Comes From make money?

Where Food Comes From (WFCF) made $6.6M of revenue in the second quarter 2026 (Q2 2026), +0.7% from a year earlier. Verification and Certification Service Revenue brought in $5.4M (82%); Product brought in $937K (14%); Professional Services brought in $285K (4%). Of every dollar of revenue, 41¢ was left as gross profit, 10¢ was left as operating profit, 6¢ was left as net earnings.

What is Where Food Comes From's biggest business?

Verification and Certification Service Revenue: $5.4M in the second quarter 2026, 82% of revenue, +1% from a year earlier.

What is Where Food Comes From's profit margin?

Net earnings were $413K, 6.2% of revenue, in the second quarter 2026; the operating margin was 10.1%.

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Updated Nov 8, 2026. Read automatically from SEC filings and public data; errors are possible. Not investment advice.