Where Food Comes From Q2 revenue rises 1%, but net income falls to $413,000
Where Food Comes From reported second-quarter 2026 revenue of $6,611,000, up 1% from $6,562,000, and operating income of $665,000, up 21%. Net income fell to $413,000, or $0.08 per diluted share, from $562,000, or $0.11, mainly because of a non-cash $240,000 negative swing in the fair value of digital assets. The company also said it plans to file a shelf registration statement and is renewing its focus on acquisitions.
Key points
- Q2 2026 total revenue was $6,611,000 vs. $6,562,000 a year earlier; gross margin was 40.6% vs. 37.5%.
- Q2 operating income rose to $665,000 from $549,000, while net income fell to $413,000 from $562,000.
- Six-month net income was $505,000, or $0.10 per diluted share, vs. $593,000, or $0.11, a year earlier.
- Management said it will file a shelf registration statement in the next day or so and is renewing its focus on M&A, though it said no transactions are imminent.
The filing
Written by AI on Nov 9, 2026, 10:08 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on August 10, 2026.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.