International Flavors & Fragrances Financial Statements
NYSE: IFFIndustrialsMajor ChemicalsUSD
At close: Oct 9, 4:00 PM ET · Delayed 15 min
International Flavors & Fragrances revenue and earnings
In fiscal 2025, International Flavors & Fragrances generated $10.89 billion in revenue, down 5.2% from fiscal 2024, its first annual decline since 2023. International Flavors & Fragrances reported a net loss of $359.0 million, compared with net income of $267.0 million a year earlier. Gross margin was 36.2% (up from 35.9%) and operating margin -3.5%.
Diluted earnings per share came in at -$1.41, down from $1.04. Over the last 5 fiscal years, IFF's revenue has grown at a 16.5% compound annual rate.
Summary generated from market data by MetaCap's automated system. Methodology
International Flavors & Fragrances income statement (annual)
| Fiscal year (USD) | FY 20252025-12-31 | FY 20242024-12-31 | FY 20232023-12-31 | FY 20222022-12-31 | FY 20212021-12-31 | FY 20202020-12-31 | FY 20192019-12-31 | FY 20182018-12-31 | FY 20172017-12-31 | FY 20162016-12-31 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 10.89B | 11.48B | 11.48B | 12.44B | 11.66B | 5.08B | 5.14B | 3.98B | 3.40B | 3.12B |
| Revenue growth (YoY) | -5.17% | +0.04% | -7.73% | +6.73% | +129.27% | -1.09% | +29.23% | +17.03% | +9.06% | +3.08% |
| Cost of Revenue | 6.95B | 7.36B | 7.80B | 8.29B | 7.92B | 3.00B | 3.03B | 2.29B | 1.93B | 1.72B |
| Gross Profit | 3.94B | 4.12B | 3.68B | 4.15B | 3.73B | 2.09B | 2.11B | 1.68B | 1.47B | 1.40B |
| Operating Expenses | 4.32B | 3.36B | 5.79B | 5.48B | 3.15B | 1.52B | 1.45B | 1.10B | 919.83M | 842.61M |
| Research & Development | 694.00M | 671.00M | 636.00M | 603.00M | 629.00M | 357.00M | 346.00M | 311.58M | 295.47M | 258.86M |
| Selling, General & Admin | 1.83B | 2.00B | 1.79B | 1.77B | 1.75B | 949.00M | 876.00M | 707.46M | 570.14M | 572.52M |
| Operating Income | -382.00M | 766.00M | -2.11B | -1.33B | 585.00M | 566.00M | 665.00M | 583.88M | 552.63M | 552.96M |
| Interest Expense | 229.00M | 305.00M | 380.00M | 336.00M | 289.00M | 132.00M | 138.00M | 132.56M | 65.36M | 52.99M |
| Other Income (Expense) | -65.00M | -182.00M | -5.00M | 26.00M | 58.00M | 7.00M | 30.00M | 35.24M | 49.78M | 23.75M |
| Pretax Income | -412.00M | 308.00M | -2.52B | -1.63B | 354.00M | 441.00M | 557.00M | 447.76M | 537.04M | 523.72M |
| Income Tax | -53.00M | 41.00M | 69.00M | 239.00M | 75.00M | 74.00M | 97.00M | 107.98M | 241.38M | 118.69M |
| Net Income | -359.00M | 267.00M | -2.59B | -1.86B | 279.00M | 367.00M | 460.00M | 339.78M | 295.67M | 405.03M |
| Net Income growth (YoY) | -234.46% | — | — | -768.10% | -23.98% | -20.22% | +35.38% | +14.92% | -27.00% | -3.39% |
| EPS (Basic) | -1.41 | 1.04 | -10.14 | -7.32 | 1.11 | 3.25 | 4.05 | 3.81 | 3.73 | 5.07 |
| EPS (Diluted) | -1.41 | 1.04 | -10.14 | -7.32 | 1.10 | 3.21 | 4.00 | 3.79 | 3.72 | 5.05 |
| Shares Outstanding (Basic) | 256.00M | 256.00M | 255.00M | 255.00M | 243.00M | 112.00M | 112.00M | 87.55M | 79.07M | 79.65M |
| Shares Outstanding (Diluted) | 256.00M | 256.00M | 255.00M | 255.00M | 243.00M | 114.00M | 113.00M | 88.12M | 79.37M | 79.98M |
| EBITDA | 580.00M | 1.78B | -968.00M | -147.00M | 1.74B | 891.00M | 988.00M | 757.67M | 670.60M | 655.42M |
| Gross Margin | 36.16% | 35.91% | 32.07% | 33.37% | 32.04% | 41.03% | 41.11% | 42.31% | 43.32% | 44.78% |
| Operating Margin | -3.51% | 6.67% | -18.38% | -10.66% | 5.02% | 11.13% | 12.94% | 14.68% | 16.26% | 17.74% |
| Net Margin | -3.30% | 2.32% | -22.54% | -14.98% | 2.39% | 7.22% | 8.95% | 8.54% | 8.70% | 13.00% |
This table shows 10 annual periods of International Flavors & Fragrances's income statement, from FY 2025 back to FY 2016, across 20 line items including revenue, cost of revenue, gross profit. Values in USD; B = billions, M = millions. Fiscal periods follow IFF's reporting calendar. What is a income statement?