International Flavors & Fragrances (IFF) 10-K Summaries & Annual Filing History
Review International Flavors & Fragrances Inc. (IFF) 10-K filings from 2023 through the latest annual report, including business, financial performance, risks, and liquidity.
Key takeaway
Year ended Dec 31, 2025 · FY2025 10-K
International Flavors & Fragrances Inc. reported a decline in operating cash flow for the latest year. The company also posted negative operating income and net income for the period.
Financial snapshot
Selected annual figures reported with the filing, shown separately from the narrative summary.
Annual revenue
$10.9B
Revenue reported for the fiscal year.
Operating income
-$382M
Income from operations reported for the year.
Net income
-$359M
Net income reported for the year.
Operating cash flow
$850M
Cash generated by operating activities.
Annual revenue trend
Reported annual revenue and its change from the preceding fiscal year.
| Period ended | Revenue | Year-over-year change |
|---|---|---|
| Sep 30, 2024 | $8.7B | +50.5% |
| Dec 31, 2024 | $11.5B | +31.8% |
| Jun 30, 2025 | $5.6B | -51.2% |
| Dec 31, 2025 | $10.9B | +94.2% |
Business overview
The filing states that the company operates in the flavors and fragrances industry. The business overview section lists Item 1, along with risk factors, unresolved staff comments, and cybersecurity as part of the filing.
Financial performance
Revenue for the year was reported at ten point nine billion dollars. Operating income was negative three hundred eighty-two million dollars, and net income was negative three hundred fifty-nine million dollars.
Material risks
The filing identifies risk factors in Item 1A, though no specific risk details are provided in the supplied context. The company mentions that cash balances are mostly held outside the United States and repatriation may incur tax liabilities.
Liquidity and capital
Cash, cash equivalents, and restricted cash totaled approximately five hundred ninety million dollars at year end, up from four hundred seventy-one million. The company states it regularly repatriates cash from non-U.S. subsidiaries to fund U.S. obligations and has a deferred tax liability related to repatriation.
What to watch
Monitor the trend in operating cash flow, which decreased compared to the prior year.