Short answer
International Flavors & Fragrances (IFF) filed its Q1 2026 10-Q quarterly report on May 5, 2026 for the quarter ended Mar 31, 2026. Quarterly revenue was $2.7B (down 3.6% year over year) with net income of $169M.
Q1 2026 key financials · XBRL
- Revenue
- $2.7B
- −3.6% YoY
- Net income
- $169M
- +116.6% YoY
- Operating margin
- 10.0%
- Gross margin
- 37.1%
- EPS (diluted)
- $0.66
- +116.6% YoY
Source: XBRL data from the International Flavors & Fragrances (IFF) Q1 2026 10-Q on SEC EDGAR. USD.
International Flavors & Fragrances Q1 2026 10-Q analysis
AI summary of MD&A and risk factor updates
Management Discussion & Analysis
- First-quarter revenue $2.741B, down $102M or 4% YoY; comparable currency-neutral sales up 3%
- Gross margin 37.1% vs 36.4%; operating margin 10.0% vs (31.8%); adjusted EBITDA margin 20.7% vs 20.3%
- Best segment Health & Biosciences revenue $595M, up 10%; worst Scent adjusted EBITDA margin 22.2% vs 23.0%
- Cash $562M vs $590M; operating cash flow $257M vs $127M; $35M share repurchases and $102M dividends
- 2026 capital spending expected at approximately 6% of sales vs 5.5% in 2025; unfavorable net pricing pressured Scent performance
Risk Factors
- No material risk-factor changes from 2025 Form 10-K
- Liquidity risk: $427 million remaining under $500 million share-repurchase authorization
- Capital-allocation risk: 480,978 shares repurchased during quarter at $72.61 average price
- Compliance risk: no directors or executives adopted or terminated Rule 10b5-1 trading arrangements
Generated from the filing text; verify against the original. 10-K vs 10-Q vs 8-K
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