IFF Income Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Revenue	10,890	11,484	11,479	12,440	11,656
Revenue Growth (YoY)	-5.17%	0.04%	-7.72%	6.73%	129.27%
Cost of Revenue	6,951	7,360	7,798	8,289	7,921
Gross Profit	3,939	4,124	3,681	4,151	3,735
Selling, General & Admin	1,668	2,120	1,753	1,754	1,715
Research & Development	694	671	636	603	629
Amortization of Goodwill & Intangibles	568	610	680	727	732
Operating Expenses	2,930	3,401	3,069	3,084	3,076
Operating Income	1,009	723	612	1,067	659
Interest Expense	-229	-305	-380	-336	-289
Interest & Investment Income	-	15	5	15	8
Currency Exchange Gain (Loss)	-	-91	-77	-12	3
Other Non Operating Income (Expenses)	-65	19	17	4	-
EBT Excluding Unusual Items	715	361	177	738	381
Merger & Restructuring Charges	-237	-29	-46	-12	-41
Impairment of Goodwill	-1,153	-64	-2,623	-2,250	-
Gain (Loss) on Sale of Assets	-225	10	-20	14	14
Asset Writedown	-	-	-	-120	-
Other Unusual Items	488	-	-6	5	-
Pretax Income	-412	278	-2,518	-1,625	354
Income Tax Expense	-40	31	45	239	75
Earnings From Continuing Operations	-372	247	-2,563	-1,864	279
Minority Interest in Earnings	-2	-4	-4	-7	-9
Net Income	-374	243	-2,567	-1,871	270
Preferred Dividends & Other Adjustments	-	-	-2	-3	2
Net Income to Common	-374	243	-2,565	-1,868	268
Net Income Growth	-	-	-	-	-25.62%
Shares Outstanding (Basic)	256	256	255	255	243
Shares Outstanding (Diluted)	256	256	255	255	243
Shares Change (YoY)	-	0.39%	-	4.94%	113.16%
EPS (Basic)	-1.46	0.95	-10.06	-7.33	1.10
EPS (Diluted)	-1.46	0.95	-10.06	-7.33	1.10
EPS Growth	-	-	-	-	-65.73%
Free Cash Flow	256	607	936	-107	1,044
Free Cash Flow Per Share	1.00	2.37	3.67	-0.42	4.30
Dividend Per Share	1.600	1.600	3.240	3.200	3.120
Dividend Growth	-	-50.62%	1.25%	2.56%	2.63%
Gross Margin	36.17%	35.91%	32.07%	33.37%	32.04%
Operating Margin	9.26%	6.30%	5.33%	8.58%	5.65%
Profit Margin	-3.43%	2.12%	-22.35%	-15.02%	2.30%
Free Cash Flow Margin	2.35%	5.29%	8.15%	-0.86%	8.96%
EBITDA	1,971	1,738	1,754	2,246	1,815
EBITDA Margin	18.10%	15.13%	15.28%	18.05%	15.57%
D&A For EBITDA	962	1,015	1,142	1,179	1,156
EBIT	1,009	723	612	1,067	659
EBIT Margin	9.26%	6.30%	5.33%	8.58%	5.65%
Effective Tax Rate	-	11.15%	-	-	21.19%

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q