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IFF 3Q 2026: Revenue $1.94B, Net income ($55M), EPS ($0.22) — 10-Q Summary
International Flavors & Fragrances reported third-quarter 2026 revenue of $1.94B, up 3.9% from a year earlier. Net income was a loss of $55M and diluted EPS was a loss of $0.22. Comparable currency-neutral sales rose 5% on volume growth across all segments.
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What happened
International Flavors & Fragrances reported third-quarter 2026 revenue of $1.94B, up 3.9% from a year earlier. Net income was a loss of $55M and diluted EPS was a loss of $0.22. Comparable currency-neutral sales rose 5% on volume growth across all segments.
Confirmed
Global impact / market context
Revenue grew but the company posted a $55M loss, so sales gains did not translate into profit. The agreed sale of Food Ingredients, closing in the second quarter of 2027, will shrink the business and change future revenue and cost reporting.
Analyst inference
IFF agreed to sell its Food Ingredients unit and classified SCL as discontinued operations, which means results are split between continuing and exiting businesses. Capital spending is expected at about 5.5% of sales, consistent with 2025.
Analyst inference
What to watch
- The Food Ingredients sale is expected to close in the second quarter of 2027, so watch for updates on timing and any change to that expected closing date. Confirmed
- Watch whether capital spending stays near the expected 5.5% of sales in 2026, which means the company keeps investment steady relative to revenue. Proposed
- Watch whether volume growth continues across all three segments, since that supported adjusted EBITDA rising 6% on a comparable currency-neutral basis. Analyst inference
Evidence
- Original source link unavailable