Where Food Comes From (WFCF) reported third-quarter 2026 revenue of $7.3 million, up 4% from $7.0 million a year earlier. Net income was $825,000, or $0.17 per diluted share, compared with $1.1 million, or $0.22 per diluted share, in the prior-year quarter.
Verification and certification services revenue increased 6% to $5.9 million, while gross margin improved to 42.1% from 38.3%.
- Operating income rose 68% to $1.0 million from $0.6 million.
- Nine-month revenue increased 2% to $19.3 million, while net income totaled $1.3 million, or $0.27 per diluted share.
- The company repurchased 21,170 shares in the quarter, representing $268,000 returned to stockholders.
- Cash and cash equivalents were $4.4 million at September 30, 2026, versus $3.2 million at December 31, 2025.
$WFCF Hedge Fund Activity
We have seen 8 institutional investors add shares of $WFCF stock to their portfolio, and 6 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- NORTHERN TRUST CORP removed 17,068 shares (-100.0%) from their portfolio in Q2 2026, for an estimated $222,054
- STONEX GROUP INC. added 10,743 shares (+inf%) to their portfolio in Q3 2026, for an estimated $118,710
- VANGUARD CAPITAL MANAGEMENT LLC removed 5,499 shares (-3.6%) from their portfolio in Q3 2026, for an estimated $60,763
- UBS GROUP AG added 5,174 shares (+419.6%) to their portfolio in Q3 2026, for an estimated $57,172
- VANGUARD FIDUCIARY TRUST CO removed 2,604 shares (-14.6%) from their portfolio in Q3 2026, for an estimated $28,774
- WESTERN WEALTH MANAGEMENT, LLC removed 2,215 shares (-100.0%) from their portfolio in Q2 2026, for an estimated $28,817
- BARD ASSOCIATES INC added 844 shares (+1.4%) to their portfolio in Q3 2026, for an estimated $9,326
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard. You can access data on hedge funds moves and 13F filings through the Quiver Quantitative API 13F endpoint.
