---
title: "INNOVATIVE FOOD HOLDINGS INC 2026: Revenue $13.06M, EPS $0.01— 10-Q Summary"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/295967047.md"
description: "Innovative Food Holdings Inc reported Q2 2026 revenue of $13.06M, a 21.5% decline from the prior year, due to softer demand and pricing pressure. However, consolidated net income surged 522.8% to $364.38K, with diluted EPS at $0.01. The company streamlined operations by selling its Pennsylvania facility and consolidating airline-catering in Chicago. Gross margin remained near 26%, while high customer concentration persists, with U.S. Foods accounting for ~40% of sales."
datetime: "2026-08-14T19:21:18.000Z"
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  - [zh-CN](https://longbridge.com/zh-CN/news/295967047.md)
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  - [zh-HK](https://longbridge.com/zh-HK/news/295967047.md)
---

# INNOVATIVE FOOD HOLDINGS INC 2026: Revenue $13.06M, EPS $0.01— 10-Q Summary

Innovative Food Holdings Inc reported second-quarter 2026 results with revenue of $13.06M, down from $16.64M a year earlier, while consolidated net income rose to $364.38K and diluted EPS was $0.01— per the company's 10-Q filing.

**Financial Highlights**

Metric

Current quarter

Prior year quarter

YoY change

Revenue¹

$13.06M

$16.64M

(21.5%)

Net income²

$364.38K

$58.51K

522.8%

Diluted EPS³

$0.01

$0.02

(53.3%)

_¹ Reported as “Revenue”. ² Reported as “Consolidated net income (loss)”. ³ Reported as “Other income (expense)”._

**Business Highlights**

-   Revenue declined about 21.5% quarter-over-quarter and roughly 21% year-to-date versus the prior year, reflecting softer demand and pricing pressure.
-   Digital/drop-ship remained the largest channel at about 54% of sales but fell roughly 17%; national and local distribution also weakened due to competition and customer attrition.
-   Operational consolidation continued: the company sold its Pennsylvania facility, moved airline-catering operations to Chicago and completed a retail wind-down to streamline operations and reduce costs.
-   Gross margin held near 26%; headcount reductions and restructuring lowered payroll and operating expenses, improving operating efficiency.
-   Customer concentration remains high, with U.S. Foods representing about 40% of sales and Gate Gourmet roughly 17–18%, creating revenue exposure to a few large accounts.

Original SEC Filing: INNOVATIVE FOOD HOLDINGS INC \[ IVFH \] - 10-Q - Aug. 14, 2026

**Disclaimer**

This is an AI-powered summary. It may contain inaccuracies. Consider verifying important information with the source. Please note this summary is solely based on documents filed with the SEC.

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