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Where Food Comes From WFCF Verification And Certification Service Revenue — Cost Of Revenue

Other product segments

Professional Services
$163K-36.1%

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Other financials

Income statement

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Revenue$5.4M+1.7%
Gross profit$2.0M-6.9%
Operating income$298.0K+110%
Net income$92.0K+197%
EPS (diluted)$0.02+100%

Balance sheet

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Cash & equivalents$3.3M+46.6%
Total debt$849.0K-65.7%
Total equity$9.2M-4.1%
Total assets$13.2M-13.1%

Cash flow

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Operating cash flow$523.0K-17.2%
CapEx$148.0K+410%
Free cash flow$375.0K-37.8%

Valuation

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Market cap$65.56M+10.9%
Enterprise value$63.13M+8.1%
P/E35.8×-6.3×
P/S2.6×+0.3×

Profitability

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Gross margin37.4%-3.5pp
Operating margin5.7%-2.5pp
Net margin10.6%+3.1pp
FCF margin8.6%-2.2pp

Returns & leverage

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Return on equity27.3%+8.4pp
Debt / equity0.1×-0.2×
Current ratio1.9×+0.3×

Where this comes from

Reported directly by Where Food Comes From in its filing.

Tagged under the XBRL concept us-gaap:CostOfRevenue.

The official record: Where Food Comes From’s 10-Q, filed May 14, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Where Food Comes From's verification and certification service revenue — cost of revenue?
Where Food Comes From (WFCF) reported verification and certification service revenue — cost of revenue of $2.72M in Q1 2026.
How has Where Food Comes From's verification and certification service revenue — cost of revenue changed year-over-year?
Where Food Comes From's verification and certification service revenue — cost of revenue increased by 13.6% year-over-year, from $2.4M to $2.72M.
What is the long-term trend for Where Food Comes From's verification and certification service revenue — cost of revenue?
Over 4 years (2021 to 2025), Where Food Comes From's verification and certification service revenue — cost of revenue has grown at a 9.8% compound annual growth rate (CAGR), from $8.4M to $12.21M.
What does verification and certification service revenue — cost of revenue mean?
This metric captures the direct costs associated with delivering food verification and auditing services, including auditor compensation, travel expenses, and direct operational support for certification programs. Monitoring these costs relative to segment revenue provides insight into the scalability of the verification model and the efficiency of service delivery. It is a key indicator of the direct resource intensity required to maintain the company's verification standards.