INNOVATIVE FOOD HOLDINGS INC (IVFH) Form 10-Q — May 20, 2026
Innovative Food Holdings reported Q1 2026 revenue of $12.2 million, a 19% decline year-over-year, driven by headwinds in its legacy drop-ship business and customer attrition in local distribution. Despite the revenue drop, the company posted a consolidated net income of $1.8 million, primarily due to a $2.7 million gain from the sale of its Pennsylvania production facility and the wind-down of its discontinued cheese business.
Key figures
- Revenue
- 12176573
- Net Income
- 1840276
- Total Debt
- 266655
- Revenue Yoy
- -19
- Total Assets
- 12110883
- Cash Position
- 1231164
- Shares outstanding
- 54649479
- Gain on sale of assets
- 2764063
- Loss on debt extinguishment
- 608539
Price after filing
1 day: -9.7%7 days: +7.6%30 days: +0.1%
Close on the filing date to close N calendar days later (from $0.30). Historical, not a forecast.
AI analysis
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