The financials
International Flavors & Fragrances by the numbers
International Flavors & Fragrances (IFF) reported revenue of $2.74B in Q1 2026 (quarter ended March 31, 2026), down 3.6% from the same quarter a year earlier. That came with a gross margin of 37% and net income of $169M (6.2% of revenue). For the full year FY2025, revenue was $10.9B (−5.2% year on year) and net income −$359M. Its largest segment in 2026-Q1 was Food Ingredients at $839M, 31% of the disclosed total, just ahead of Taste at 24%.
| Income statement | Q1 2026 | Q1 2025 | Change |
|---|---|---|---|
| Revenue | $2.74B | $2.84B | −3.6% |
| Gross profit | $1.02B | $1.03B | −1.6% |
| Operating income | $273M | −$903M | to a profit |
| Net income | $169M | −$1.02B | to a profit |
| Diluted EPS | $0.66 | −$3.98 | to a profit |
| Operating | Revenue | Share |
|---|---|---|
| Food Ingredients | $839M | 31% |
| Taste | $656M | 24% |
| Scent | $651M | 24% |
| Health Biosciences | $595M | 22% |
Business Segments
Revenue split by operating segment, from SEC XBRL filings.
Latest period: Q1 2026Total $2.74B (+1.7%)
Health Biosciences grew +10% year on yearTaste +4.6% year on year
Segment Latestquarter on quarteryear on year
- Food Ingredients$839.0M$839.0MQoQ +1.1%year on year +5.4%+1.1%+5.4%
- Taste$656.0M$656.0MQoQ +3.3%year on year +4.6%+3.3%+4.6%
- Scent$651.0M$651.0MQoQ -0.15%year on year +6.0%-0.15%+6.0%
- Health Biosciences$595.0M$595.0MQoQ +3.1%year on year +10%+3.1%+10%
- Pharma Solutions--QoQ -year on year ---
Specialty Chemicals
Ranks #28 of 36 by Smart Score