International Flavors & Fragrances Inc.
Income Statement
| Line Item | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 |
|---|---|---|---|---|---|---|---|---|
| Revenue | — | $10.89B | $11.48B | $11.48B | $12.44B | $11.66B | $5.08B | $5.14B |
| Flavors | — | — | — | $0 | $0 | $0 | $0 | $0 |
| Fragrances | — | — | — | $0 | $0 | $0 | $0 | $0 |
| Taste | — | — | — | $0 | $0 | $0 | $3.09B | $3.17B |
| Scent | — | — | — | $2.35B | $2.30B | $2.25B | $2.00B | $1.97B |
| Frutarom | — | — | — | $0 | $0 | $0 | $0 | $0 |
| Nourish | — | — | — | $5.85B | $6.59B | $6.15B | $0 | $0 |
| Health & Biosciences | — | — | — | $2.08B | $2.23B | $2.06B | $0 | $0 |
| Pharma Solutions | — | — | — | $1.20B | $1.32B | $1.20B | $0 | $0 |
| Cost of Revenue | — | $6.95B | $7.36B | $7.80B | $8.29B | $7.92B | $3.00B | $3.03B |
| Gross Profit | — | $3.94B | $4.12B | $3.68B | $4.15B | $3.74B | $2.09B | $2.11B |
| Gross Margin | — | 36.2% | 35.9% | 32.1% | 33.4% | 32.0% | 41.0% | 41.1% |
| Operating Expenses | ||||||||
| Research & Development | — | $694.0M | $671.0M | $636.0M | $603.0M | $629.0M | $357.0M | $346.0M |
| SG&A Expense | — | $1.83B | $2.00B | $1.79B | $1.77B | $1.75B | $949.0M | $876.0M |
| Operating Income | — | $-382.0M | $766.0M | $-2.11B | $-1.33B | $585.0M | $566.0M | $665.0M |
| Operating Margin | — | -3.5% | 6.7% | -18.4% | -10.7% | 5.0% | 11.1% | 12.9% |
| Interest Expense | — | — | — | $380.0M | $336.0M | $289.0M | $132.0M | $138.0M |
| Pretax Income | — | $-412.0M | $308.0M | $-2.52B | $-1.63B | $354.0M | $441.0M | $557.0M |
| Income Tax Expense | — | $-53.0M | $41.0M | $69.0M | $239.0M | $75.0M | $74.0M | $97.0M |
| Net Income | — | $-359.0M | $267.0M | $-2.59B | $-1.86B | $279.0M | $367.0M | $460.0M |
| Net Margin | — | -3.3% | 2.3% | -22.5% | -15.0% | 2.4% | 7.2% | 8.9% |
| EPS (Basic) | — | $-1.41 | $1.04 | $-10.14 | $-7.32 | $1.11 | $1.63 | $2.03 |
| EPS (Diluted) | — | $-1.41 | $1.04 | $-10.14 | $-7.32 | $1.10 | $1.61 | $2.00 |
| Shares Outstanding (Basic) | 255.5M | 256.0M | 256.0M | 255.0M | 255.0M | 243.0M | 224.0M | 224.0M |
| Shares Outstanding (Diluted) | 255.5M | 256.0M | 256.0M | 255.0M | 255.0M | 243.0M | 228.0M | 226.0M |
| Dividends Per Share | — | $1.60 | $1.60 | $3.24 | $3.20 | $3.12 | $1.52 | $1.48 |