Filing Flows › International Flavors & Fragrances (IFF) › Q1 2025
International Flavors & Fragrances (IFF) Q1 2025 earnings results (first quarter 2025)
10-Q filed May 6, 2025
International Flavors & Fragrances (IFF) reported revenue of $2.8B for the first quarter 2025 (Q1 2025), -2% from a year earlier and +3% from the quarter before. Operating margin was -31.8%, net loss $1.0B (35.8% of revenue).
International Flavors & Fragrances, Q1 2025: revenue $2.8B (-2% year over year), operating margin -31.8%, net loss $1.0B, operating cash flow $127M. The chart follows the revenue to costs, profit and cash.
| Q1 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $2.8B | +3% | -2% |
| Operating profit | −$903M | — | — |
| Net earnings | −$1.0B | — | — |
| Operating cash flow | $127M | -67% | +28% |
What changed
Revenue was $2.8B in Q1 2025, down 2% year over year and up 3% from the previous quarter.
Gross margin was 36.4%, up 1.1 points from a year earlier. Operating costs exceeded revenue by $0.90B, an operating margin of -31.8%. Operating expenses grew 135% against a revenue fall of 2%. The fastest-growing cost line was Other operating costs (+677%). The quarter ended with a net loss of $1.0B, wider than the previous quarter's $0.05B loss.
Operating cash flow was $0.13B (up 28% year over year). Non-cash charges added back $0.24B of depreciation and amortization and $0.02B of share-based compensation. Working capital and other items added $0.89B. Capital expenditures of $0.18B exceeded it, leaving free cash flow of −$0.05B.
Questions
What was International Flavors & Fragrances' revenue in the first quarter 2025?
International Flavors & Fragrances (IFF) reported revenue of $2.8B for the first quarter 2025 (Q1 2025), -2% from a year earlier and +3% from the quarter before.
Was International Flavors & Fragrances profitable in the first quarter 2025?
Operating loss was $903M (-31.8% of revenue) and net loss $1.0B.
Source: International Flavors & Fragrances 10-Q on SEC EDGAR.