For the year ending 2025-12-31, IFF made $10,890M in revenue. $736M in net income. Net profit margin of 6.76%.
| Income Statement | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 |
|---|---|---|---|---|
| Net sales | 10,890 | 11,484 | 11,479 | 12,440 |
| Cost of product and service sold | 6,952 | 7,360 | 7,798 | 8,289 |
| Gross profit | 3,938 | 4,124 | 3,681 | 4,151 |
| Research and development expenses | 694 | 671 | 636 | 603 |
| Selling and administrative expenses | 1,834 | 1,995 | 1,787 | 1,768 |
| Restructuring and other charges | 70 | 29 | 68 | 12 |
| Amortization of acquisition-related intangibles | 568 | 610 | 680 | 727 |
| Impairment of goodwill | 1,153 | 64 | 2,623 | 2,250 |
| Impairment of long-lived assets | - | 0 | 0 | 120 |
| Losses (gains) on sale of assets | -1 | 11 | 3 | 3 |
| Operating (loss) profit | -382 | 766 | -2,110 | -1,326 |
| Interest expense | 229 | 305 | - | - |
| Gain on extinguishment of debt | 488 | - | - | - |
| Losses (gains) on business disposals | -109 | 346 | - | - |
| Interest expense | - | - | 380 | 336 |
| Loss on assets classified as held for sale | 115 | 347 | - | - |
| Other expense, net | -65 | -182 | -28 | 37 |
| (loss) income before taxes | -412 | 278 | -2,518 | -1,625 |
| Income tax expense | -53 | 31 | 45 | 239 |
| Net (loss) income | -359 | 247 | -2,563 | -1,864 |
| Net income attributable to non-controlling interest | 2 | 4 | 4 | 7 |
| Net income available to iff common shareholders | -361 | 243 | -2,567 | -1,871 |
| Foreign currency translation adjustments | 1,153 | -774 | 414 | -904 |
| Gains (losses) on derivatives qualifying as hedges | -2 | -3 | 0 | 0 |
| Pension and postretirement liability adjustment | 54 | -146 | 112 | -158 |
| Comprehensive income (loss) attributable to iff shareholders | 736 | -388 | -2,265 | -2,617 |
| Basic EPS | -1.41 | 0.95 | -10.05 | -7.32 |
| Diluted EPS | -1.41 | 0.95 | -10.05 | -7.32 |
| Basic Average Shares | 256,000,000 | 256,000,000 | 255,000,000 | 255,000,000 |
| Diluted Average Shares | 256,000,000 | 256,000,000 | 255,000,000 | 255,000,000 |
INTERNATIONAL FLAVORS & FRAGRANCES INC (IFF)
INTERNATIONAL FLAVORS & FRAGRANCES INC (IFF)