IVFH · Innovative Food Holdings Inc - Financials
Annual line items from SEC XBRL filings, sourced from EDGAR's Company Facts API with fallback to the quarterly Financial Statement Data Sets. See issuer overview for Form 4 activity and 10-K signals.
Income Statement
| Line item | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $12.18M | - | $16.42M | $21.10M | $19.55M | - | $17.01M | $16.66M | $15.73M | - |
| Cost of Revenue | $9.05M | - | $12.57M | $16.67M | $15.06M | - | $12.73M | $12.69M | $11.90M | - |
| Gross Profit | $3.12M | - | $3.86M | $4.43M | $4.49M | - | $4.28M | $3.97M | $3.83M | - |
| R&D | - | - | - | - | - | - | - | - | - | - |
| SG&A | $2.77M | - | $3.19M | $4.19M | $4.71M | - | $3.57M | $3.86M | $4.01M | - |
| Total Operating Expenses | $2.77M | - | $3.19M | $4.19M | $4.71M | - | $3.57M | $3.86M | $4.01M | - |
| D&A | $60.3K | - | $50.2K | $88.6K | $109.6K | - | $47.9K | $53.4K | $110.3K | - |
| Operating Income | $350.7K | - | $663.4K | $244.5K | ($223.2K) | - | $713.9K | $104.6K | ($179.1K) | - |
| Interest Expense | $7.3K | - | $15.3K | $187.9K | $215.4K | - | $217.3K | $209.5K | $215.4K | - |
| Income Tax | $0 | - | $0 | $0 | $0 | - | $0 | $0 | $0 | - |
| Net Income | $1.84M | - | ($1.72M) | $58.5K | ($430.4K) | - | $1.33M | ($103.3K) | $1.43M | - |
| EPS - Basic | $0.01 | - | $0.01 | $0.00 | ($0.01) | - | $0.03 | $0.00 | $0.03 | - |
| EPS - Diluted | $0.01 | - | $0.01 | $0.00 | ($0.01) | - | $0.03 | $0.00 | $0.03 | - |
Balance Sheet
| Line item | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | $1.23M | $927.5K | $684.3K | $1.55M | $1.11M | $2.33M | $4.82M | $3.87M | $4.27M | $5.33M |
| Accounts Receivable | $5.30M | $5.30M | $5.21M | $6.92M | $7.49M | $9.04M | $4.97M | $5.20M | $4.11M | $4.31M |
| Inventory | $3.13M | $3.47M | $4.25M | $5.90M | $6.80M | $6.29M | $3.13M | $2.76M | $2.84M | $2.97M |
| Accounts Payable | $2.67M | $2.96M | $3.24M | $4.15M | $4.81M | $5.83M | $3.83M | $3.05M | $2.96M | $6.05M |
| Current Assets | $9.78M | $16.78M | $18.61M | $20.65M | $21.69M | $23.89M | $19.38M | $18.09M | $17.53M | $13.64M |
| Total Assets | $12.11M | $19.58M | $21.08M | $23.97M | $25.14M | $27.35M | $21.21M | $19.67M | $19.16M | $21.32M |
| Current Liabilities | $3.25M | $12.44M | $13.64M | $6.55M | $7.74M | $9.41M | $6.43M | $6.18M | $5.48M | $8.64M |
| Long-term Debt | $199.6K | $216.9K | $233.6K | $8.60M | $8.66M | $8.69M | $8.44M | $8.46M | $8.50M | $8.86M |
| Total Liabilities | $4.01M | $13.34M | $14.64M | $15.97M | $17.29M | $19.17M | $15.45M | $15.35M | $14.85M | $18.52M |
| Stockholders' Equity | $8.10M | $6.24M | $6.44M | $8.01M | $7.85M | $8.17M | $5.76M | $4.32M | $4.31M | $2.81M |
| Retained Earnings | ($36.43M) | ($38.28M) | ($38.30M) | ($36.58M) | ($36.64M) | ($36.21M) | ($36.16M) | ($37.50M) | ($37.40M) | ($38.82M) |
Cash Flow
| Line item | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | ($233.8K) | - | - | - | ($977.4K) | - | - | - | ($3.16M) | - |
| Investing Cash Flow | $8.76M | - | - | - | ($163.4K) | - | - | - | $2.10M | - |
| Financing Cash Flow | ($8.80M) | - | - | - | ($134.1K) | - | - | - | ($72.7K) | - |
| CapEx | $31.2K | - | - | - | $1.4K | - | - | - | $1.4K | - |
| Free Cash Flow | ($264.9K) | - | - | - | ($978.8K) | - | - | - | ($3.16M) | - |
Ratios
| Metric | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Profitability | ||||||||||
| Gross margin | 25.6% | - | 23.5% | 21.0% | 22.9% | - | 25.2% | 23.8% | 24.4% | - |
| Operating margin | 2.9% | - | 4.0% | 1.2% | -1.1% | - | 4.2% | 0.6% | -1.1% | - |
| EBITDA margin | 3.4% | - | 4.3% | 1.6% | -0.6% | - | 4.5% | 0.9% | -0.4% | - |
| Net margin | 15.1% | - | -10.5% | 0.3% | -2.2% | - | 7.8% | -0.6% | 9.1% | - |
| Free cash flow margin | -2.2% | - | - | - | -5.0% | - | - | - | -20.1% | - |
| FCF / Net income | -0.14 | - | - | - | 2.27 | - | - | - | -2.22 | - |
| R&D / Revenue | - | - | - | - | - | - | - | - | - | - |
| SG&A / Revenue | 22.8% | - | 19.4% | 19.9% | 24.1% | - | 21.0% | 23.2% | 25.5% | - |
| Effective tax rate | 0.0% | - | - | 0.0% | - | - | 0.0% | - | 0.0% | - |
| Return on assets | 15.2% | - | -8.2% | 0.2% | -1.7% | - | 6.3% | -0.5% | 7.4% | - |
| Return on equity | 22.7% | - | -26.7% | 0.7% | -5.5% | - | 23.2% | -2.4% | 33.1% | - |
| Return on invested capital | 4.2% | - | 7.8% | 1.5% | -1.1% | - | 5.0% | 0.6% | -1.4% | - |
| Liquidity | ||||||||||
| Current ratio | 3.01 | 1.35 | 1.36 | 3.15 | 2.80 | 2.54 | 3.02 | 2.93 | 3.20 | 1.58 |
| Quick ratio | 2.04 | 1.07 | 1.05 | 2.25 | 1.92 | 1.87 | 2.53 | 2.48 | 2.68 | 1.23 |
| Cash ratio | 0.38 | 0.07 | 0.05 | 0.24 | 0.14 | 0.25 | 0.75 | 0.63 | 0.78 | 0.62 |
| Leverage | ||||||||||
| Debt / Equity | 0.02 | 0.03 | 0.04 | 1.07 | 1.10 | 1.06 | 1.47 | 1.96 | 1.97 | 3.16 |
| Debt / Assets | 0.02 | 0.01 | 0.01 | 0.36 | 0.34 | 0.32 | 0.40 | 0.43 | 0.44 | 0.42 |
| Debt / EBITDA | 0.49 | - | 0.33 | 25.81 | - | - | 11.08 | 53.54 | - | - |
| Interest coverage | 48.0x | - | 43.4x | 1.3x | -1.0x | - | 3.3x | 0.5x | -0.8x | - |
| Equity multiplier | 1.49 | 3.14 | 3.27 | 2.99 | 3.20 | 3.35 | 3.68 | 4.56 | 4.44 | 7.60 |
| Liabilities / Assets | 0.33 | 0.68 | 0.69 | 0.67 | 0.69 | 0.70 | 0.73 | 0.78 | 0.77 | 0.87 |
| Efficiency | ||||||||||
| Asset turnover | 1.01 | - | 0.78 | 0.88 | 0.78 | - | 0.80 | 0.85 | 0.82 | - |
| Inventory turnover | 2.89 | - | 2.96 | 2.82 | 2.22 | - | 4.06 | 4.59 | 4.19 | - |
| Days sales outstanding | 159d | - | 116d | 120d | 140d | - | 107d | 114d | 95d | - |
| Days inventory outstanding | 126d | - | 123d | 129d | 165d | - | 90d | 79d | 87d | - |
| Days payable outstanding | 108d | - | 94d | 91d | 117d | - | 110d | 88d | 91d | - |
| Cash conversion cycle | 177d | - | 145d | 158d | 188d | - | 87d | 106d | 92d | - |
| Valuation | ||||||||||
| P / E | 57.6x | - | 60.8x | 1300.0x | - | - | 41.3x | - | 35.7x | - |
| P / B | 2.3x | - | 6.2x | 8.9x | 12.2x | - | 11.1x | 14.1x | 11.7x | - |
| P / S | 1.6x | - | 2.4x | 3.4x | 4.9x | - | 3.8x | 3.6x | 3.2x | - |
| EV / EBITDA | 43.4x | - | 55.4x | 234.9x | - | - | 88.8x | 412.9x | - | - |
| Growth | ||||||||||
| Revenue growth (YoY) | -37.7% | - | -3.4% | 26.7% | 24.3% | - | -1.7% | -11.5% | -7.4% | - |
| Revenue CAGR (3y) | -10.5% | - | -6.4% | 0.9% | 7.7% | - | 3.8% | - | 8.9% | - |
| Revenue CAGR (5y) | -0.0% | - | 7.9% | 12.0% | 8.0% | - | 4.8% | 3.6% | 4.1% | - |
| Gross profit growth (YoY) | -30.4% | - | -10.0% | 11.8% | 17.0% | - | -12.1% | -17.2% | -6.2% | - |
| Operating income growth (YoY) | - | - | -7.1% | 133.7% | -24.6% | - | 81.6% | -55.8% | 93.3% | - |
| Net income growth (YoY) | - | - | - | - | - | - | 890.7% | - | - | - |
| EPS growth (YoY) | - | - | -60.0% | - | - | - | - | - | - | - |
| EPS CAGR (3y) | - | - | - | - | - | - | 44.2% | - | - | - |
| EPS CAGR (5y) | - | - | - | - | - | - | - | - | 41.1% | - |
| FCF growth (YoY) | 72.9% | - | - | - | 69.0% | - | - | - | 1.3% | - |
| FCF CAGR (5y) | - | - | - | - | - | - | - | - | - | - |
| Book value growth (YoY) | 3.3% | -23.7% | 12.0% | 85.5% | 81.9% | 191.4% | 30.7% | 3.0% | 9.6% | -57.4% |
Sales by segment
From XBRL dimensional facts in the 10-K period ending 2025-12-31.
Business segments
$60.68M totalDigital Channels$32.50M · 53.6%
Local Distribution$15.25M · 25.1%
National Distribution$12.93M · 21.3%
Product / service
$60.68M totalDigital Channels$32.50M · 53.6%
Local Distribution$15.25M · 25.1%
National Distribution$12.93M · 21.3%
Peer comparison
Same SIC group: Wholesale-Groceries, General Line
Comparing INNOVATIVE FOOD HOLDINGS INC against the 5 most active filers in the same SIC group.