INTERNATIONAL FLAVORS & FRAGRANCES INC

IFF 10-K · FY 2025

IFF FY 2025 request

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Income Statement

Income Statement
Metric FY 2025 FY 2024 YoY
Revenue (FY) — — —
Show Business Segments breakouts
Food Ingredients · Operating Segments 3,278 3,365 -2.6%
Health & Biosciences · Operating Segments 2,283 2,203 +3.6%
Pharma Solutions · Operating Segments 369 1,049 -64.8%
Scent · Operating Segments 2,479 2,439 +1.6%
Taste · Operating Segments 2,481 2,428 +2.2%
Show Geography breakouts
Asia 2,546 2,731 -6.8%
EMEA 3,727 3,840 -2.9%
Latin America 1,422 1,473 -3.5%
North America 3,195 3,440 -7.1%
Show — breakouts
Revenue 10,890 11,484 -5.2%
Show Consolidation Items breakouts
Operating Segments 10,890 11,484 -5.2%
Show Geographic Distribution breakouts
Non Us 7,815 8,265 -5.4%
US 3,075 3,219 -4.5%
Cost of Revenue (FY) — — —
Show Business Segments breakouts
Food Ingredients · Operating Segments 2,531 2,626 -3.6%
Health & Biosciences · Operating Segments 1,246 1,183 +5.3%
Pharma Solutions · Operating Segments 248 719 -65.5%
Scent · Operating Segments 1,424 1,361 +4.6%
Taste · Operating Segments 1,500 1,470 +2.0%
Show — breakouts
Cost of Revenue 6,952 7,360 -5.5%
Gross Profit (FY) — — —
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Gross Profit 3,938 4,124 -4.5%
Research & Development (FY) — — —
Show Business Segments breakouts
Food Ingredients · Operating Segments 54 71 -23.9%
Health & Biosciences · Operating Segments 219 190 +15.3%
Pharma Solutions · Operating Segments 8 25 -68.0%
Scent · Operating Segments 241 225 +7.1%
Taste · Operating Segments 172 160 +7.5%
Show — breakouts
Research & Development 694 671 +3.4%
Selling, General & Administrative (FY) — — —
Show Business Segments breakouts
Food Ingredients · Operating Segments 400 391 +2.3%
Health & Biosciences · Operating Segments 348 368 -5.4%
Pharma Solutions · Operating Segments 42 115 -63.5%
Scent · Operating Segments 366 376 -2.7%
Taste · Operating Segments 396 403 -1.7%
Show — breakouts
Selling, General & Administrative 1,834 1,995 -8.1%
Operating Income (FY) — — —
Show — breakouts
Operating Income -382 766 -149.9%
Interest Expense (FY) — — —
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Interest Expense 229 305 -24.9%
Interest Income (FY) — — —
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Interest Income 19 15 +26.7%
Other Non-Operating Income (Expense) (FY) — — —
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Other Non-Operating Income (Expense) 65 182 -64.3%
Income Before Taxes (FY) — — —
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Income Before Taxes -412 308 -233.8%
Income Tax Expense (Benefit) (FY) — — —
Show Equity Components breakouts
Accumulated Defined Benefit Plans Adjustment Including Portion Attributable To Noncontrolling Interest · Reclassification Out Of Accumulated Other Comprehensive Income -1 -47 +97.9%
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Income Tax Expense (Benefit) -53 41 -229.3%
Show Income Tax Expense, Component [Axis] breakouts
Global Intangible Low-Taxed Income (GILTI) 215 — —
Tax Credit, Foreign -178 — —
Net Income (FY) — — —
Show Equity Components breakouts
Accumulated Defined Benefit Plans Adjustment Including Portion Attributable To Noncontrolling Interest · Reclassification Out Of Accumulated Other Comprehensive Income 46 -93 +149.5%
Show — breakouts
Net Income -359 267 -234.5%
Comprehensive Income (FY) — — —
Show — breakouts
Comprehensive Income 736 -368 +300.0%
EPS (Basic) (FY) — — —
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EPS (Basic) -1.41 1.04 -235.6%
EPS (Diluted) (FY) — — —
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EPS (Diluted) -1.41 1.04 -235.6%
Wtd Avg Shares (Basic) (FY) — — —
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Wtd Avg Shares (Basic) 256 256 0.0%
Wtd Avg Shares (Diluted) (FY) — — —
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Wtd Avg Shares (Diluted) 256 256 0.0%
Net Income Loss Available To Common Stockholders Basic (FY) — — —
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Net Income Loss Available To Common Stockholders Basic -361 263 -237.3%
Net Income Loss Attributable To Noncontrolling Interest (FY) — — —
Show — breakouts
Net Income Loss Attributable To Noncontrolling Interest 2 4 -50.0%
Foreign Currency Transaction Gain Loss Before Tax (FY) — — —
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Foreign Currency Transaction Gain Loss Before Tax -92 -91 -1.1%

Balance Sheet

Balance Sheet
Metric FY 2025 FY 2024 YoY
Current Assets
Cash & Cash Equivalents (Q) — — —
Show — breakouts
Cash & Cash Equivalents 590 469 +25.8%
Inventory (Q) — — —
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Inventory 2,245 2,133 +5.3%
Total Current Assets (Q) — — —
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Total Current Assets 5,594 7,968 -29.8%
Non-Current Assets
Property, Plant & Equipment (Q) — — —
Show Geography breakouts
Non Us 2,409 2,129 +13.2%
US 1,620 1,610 +0.6%
Show — breakouts
Property, Plant & Equipment 4,029 3,739 +7.8%
Operating Lease Right-of-Use Assets (Q) — — —
Show — breakouts
Operating Lease Right-of-Use Assets 579 589 -1.7%
Show Disposal Group Classification breakouts
Disposal Group Heldforsale Not Discontinued Operations · SCL Disposal Group 7 — —
Goodwill (Q) — — —
Show Business Segments breakouts
Health & Biosciences 4,465 4,295 +4.0%
Scent 1,508 1,465 +2.9%
Taste 2,296 — —
Show — breakouts
Goodwill 8,269 9,075 -8.9%
Intangible Assets (Q) — — —
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Intangible Assets 6,043 6,445 -6.2%
Other Non-Current Assets (Q) — — —
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Other Non-Current Assets 1,025 907 +13.0%
Total Assets (Q) — — —
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Total Assets 25,539 28,723 -11.1%
Current Liabilities
Accounts Payable (Q) — — —
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Accounts Payable 1,287 1,283 +0.3%
Commercial Paper (Q) — — —
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Commercial Paper 314 — —
Current Portion of Long-Term Debt (Q) — — —
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Current Portion of Long-Term Debt -1,254 -1,413 +11.3%
Total Current Liabilities (Q) — — —
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Total Current Liabilities 3,933 4,352 -9.6%
Debt Current (Q) — — —
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Debt Current 1,254 1,413 -11.3%
Non-Current Liabilities
Long-Term Debt (Q) — — —
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Long-Term Debt 4,740 7,564 -37.3%
Long-Term Debt (Q) — — —
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Long-Term Debt 5,637 — —
Operating Lease Liabilities (Q) — — —
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Operating Lease Liabilities 533 550 -3.1%
Deferred Tax Liabilities (Q) — — —
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Deferred Tax Liabilities 1,379 1,594 -13.5%
Other Non-Current Liabilities (Q) — — —
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Other Non-Current Liabilities 582 627 -7.2%
Stockholders' Equity
Common Stock (Q) — — —
Show — breakouts
Common Stock 35 35 0.0%
Retained Earnings (Q) — — —
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Retained Earnings -3,417 -2,647 -29.1%
Accumulated Other Comprehensive Income (Q) — — —
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Accumulated Other Comprehensive Income -1,430 -2,527 +43.4%
Total Stockholders' Equity (Q) — — —
Show Equity Components breakouts
Accumulated Defined Benefit Plans Adjustment -153 -99 -54.5%
Accumulated Gain Loss Net Cash Flow Hedge Parent -4 -2 -100.0%
Accumulated Other Comprehensive Income -1,430 -2,527 +43.4%
Accumulated Translation Adjustment -1,273 -2,426 +47.5%
Show — breakouts
Total Stockholders' Equity 14,154 13,834 +2.3%
Total Liabilities & Equity (Q) — — —
Show — breakouts
Total Liabilities & Equity 25,539 28,723 -11.1%

Cash Flow Statement

Cash Flow Statement
Metric FY 2025 FY 2024 YoY
Operating Activities
Depreciation & Amortization (FY) — — —
Show — breakouts
Depreciation & Amortization 962 1,015 -5.2%
Stock-Based Compensation (FY) — — —
Show — breakouts
Stock-Based Compensation 88 77 +14.3%
Deferred Income Taxes (FY) — — —
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Deferred Income Taxes -270 -323 +16.4%
Change in Accounts Receivable (FY) — — —
Show — breakouts
Change in Accounts Receivable -68 -217 +68.7%
Change in Inventory (FY) — — —
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Change in Inventory -41 -34 -20.6%
Change in Accounts Payable (FY) — — —
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Change in Accounts Payable -57 40 -242.5%
Net Cash from Operations (FY) — — —
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Net Cash from Operations 850 1,070 -20.6%
Investing Activities
Capital Expenditures (FY) — — —
Show — breakouts
Capital Expenditures -594 -463 -28.3%
Net Cash from Investing (FY) — — —
Show — breakouts
Net Cash from Investing 2,269 326 +596.0%
Financing Activities
Share Repurchases (FY) — — —
Show — breakouts
Share Repurchases -38 — —
Tax Withholding for Share Compensation (FY) — — —
Show — breakouts
Tax Withholding for Share Compensation -24 -16 -50.0%
Debt Repayments (FY) — — —
Show Debt Instrument breakouts
Senior Notes, Euro Notes, 2024 · Loans Payable 500 — —
Net Cash from Financing (FY) — — —
Show — breakouts
Net Cash from Financing -3,091 -1,606 -92.5%
Supplemental
Income Taxes Paid (FY) — — —
Show — breakouts
Income Taxes Paid 329 — —
Interest Paid (FY) — — —
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Interest Paid 229 308 -25.6%
Unpaid Capital Expenditures (FY) — — —
Show — breakouts
Unpaid Capital Expenditures 176 158 +11.4%
Other Cash Flow
Net Change in Cash (FY) — — —
Show — breakouts
Net Change in Cash 119 -264 +145.1%

Values in millions USD. Source: SEC EDGAR 10-K filing.

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