Filing Flows › International Flavors & Fragrances (IFF) › Q2 2026 › vs Q2 2025
International Flavors & Fragrances (IFF) Q2 2026 vs Q2 2025 (year over year)
International Flavors & Fragrances's revenue rose $35.0M (+2%) from $1.9B in Q2 2025 to $2.0B in Q2 2026. Gross margin 43.7% against 42.9% (+0.7 pts).
International Flavors & Fragrances, Q2 2026: revenue $2.0B (+2% year over year), operating margin 8.1%, net earnings $51.0M, operating cash flow $422M. The chart draws each line against Q2 2025, the increases inside each band.
Margins
| Q2 2026 | Q2 2025 | Change | |
|---|---|---|---|
| Gross margin | 43.7% | 42.9% | +0.7 pts |
| Operating margin | 8.1% | 7.4% | +0.7 pts |
| Net margin | 2.6% | 31.2% | -28.6 pts |
| Free cash flow margin | 14.6% | 7.6% | +7.0 pts |
Every line
| Line | Q2 2026 | Q2 2025 | Change | % |
|---|---|---|---|---|
| Revenue | $2.0B | $1.9B | $35.0M | +2% |
| Gross profit | $853M | $824M | $29.0M | +4% |
| Cost of revenue | $1.1B | $1.1B | $6.0M | +0.5% |
| Operating profit | $158M | $142M | $16.0M | +11% |
| Operating expenses | $695M | $682M | $13.0M | +2% |
| Pre-tax earnings | $82.0M | $487M | −$405M | -83% |
| Other expense, net | $76.0M | −$345M | $421M | — |
| Research & development | $170M | $170M | $0 | 0% |
| SG&A | $437M | $409M | $28.0M | +7% |
| Other operating costs | $88.0M | $103M | −$15.0M | -15% |
| Net earnings | $51.0M | $599M | −$548M | -91% |
| Income tax | $31.0M | −$112M | $143M | — |
| Depreciation & amortization | $218M | $242M | −$24.0M | -10% |
| Share-based compensation | $35.0M | $32.0M | $3.0M | +9% |
| Working capital & other | $118M | −$632M | $750M | — |
| Operating cash flow | $422M | $241M | $181M | +75% |
| Free cash flow (OCF − capex) | $286M | $146M | $140M | +96% |
| Capital expenditures | $136M | $95.0M | $41.0M | +43% |
Questions
How much did International Flavors & Fragrances's revenue grow year over year in Q2 2026?
International Flavors & Fragrances's revenue rose $35.0M (+2%) from $1.9B in Q2 2025 to $2.0B in Q2 2026. Gross margin 43.7% against 42.9% (+0.7 pts).