Where Food Comes From (WFCF) Operating Margin (2010 - 2025)

Where Food Comes From's Operating Margin history runs 16 years deep, the most recent figure standing at 0.99% for Q4 2025.

• In Q4 2025, Operating Margin fell 1233.0% year-over-year to 0.99%; the TTM figure through Dec 2025 stood at 4.84% (down 373.0% YoY), while the FY2025 annual figure was 4.84%, down 373.0% from the prior year.
• Operating Margin was 0.99% for Q4 2025 at Where Food Comes From, down from 8.2% in the prior quarter.
• In the past five years, Operating Margin ranged from a high of 17.39% in Q3 2021 to a low of 23.27% in Q4 2022.
• Historically, Operating Margin has averaged 6.96% across 5 years, with a median of 8.46% in 2025.
• The sharpest annual moves came in 2022 and 2023: Operating Margin tumbled 3695 bps in 2022, then surged 3699 bps in 2023.
• A 5-year view of Operating Margin shows it stood at 13.68% in 2021, then tumbled by 270 bps to 23.27% in 2022, then surged by 159 bps to 13.71% in 2023, then declined by 17 bps to 11.33% in 2024, then plunged by 109 bps to 0.99% in 2025.
• The last three Operating Margin figures came in at 0.99% (Q4 2025), 8.2% (Q3 2025), and 8.37% (Q2 2025), per Business Quant data.