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International Flavors & Fragrances (IFF) Q3 2025 earnings results (third quarter 2025)

10-Q filed Nov 4, 2025

International Flavors & Fragrances (IFF) reported revenue of $2.7B for the third quarter 2025 (Q3 2025), -8% from a year earlier and -3% from the quarter before. Operating margin was 8.4%, net earnings $41.0M (1.5% of revenue).

Revenue$2.7B
Year over year-8%
Quarter over quarter-3%
Operating margin8.4%
Net earnings$41.0M

International Flavors & Fragrances, Q3 2025: revenue $2.7B (-8% year over year), operating margin 8.4%, net earnings $41.0M, operating cash flow $164M. The chart follows the revenue to costs, profit and cash.

Q3 2025AmountQ/QY/Y
Revenue$2.7B-3%-8%
Gross profit$983M-5%-7%
Operating profit$226M+14%-9%
Net earnings$41.0M-93%-31%
Operating cash flow$164M-32%-52%
Free cash flow$32.0M-78%-87%

What changed

Revenue was $2.7B in Q3 2025, down 8% year over year and down 3% from the previous quarter.

Gross margin was 36.5%, up 0.5 points from a year earlier. Operating profit was $0.23B, a 8.4% margin (down 0.1 points year over year). Operating expenses fell 6% while revenue fell 8%. The fastest-growing cost line was Other operating costs (+11%). Net earnings were $0.04B, down 31% year over year. The effective tax rate was 26.8%.

Operating cash flow was $0.16B (down 52% year over year), 400% of net income including minority interests. Non-cash charges added back $0.25B of depreciation and amortization and $0.02B of share-based compensation. Working capital and other items used $0.14B. Capital expenditures of $0.13B left free cash flow of $0.03B.

Questions

What was International Flavors & Fragrances' revenue in the third quarter 2025?

International Flavors & Fragrances (IFF) reported revenue of $2.7B for the third quarter 2025 (Q3 2025), -8% from a year earlier and -3% from the quarter before.

Was International Flavors & Fragrances profitable in the third quarter 2025?

Operating profit was $226M (8.4% of revenue) and net earnings $41.0M.

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Source: International Flavors & Fragrances 10-Q on SEC EDGAR.