Skip to content
Business Segments · Cost of Sales

Food Ingredients — Cost of Sales

International Flavors & Fragrances Food Ingredients — Cost of Sales increased by 1.3% to $646M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 6.1%, from $609M to $646M. Over 2 years (FY 2023 to FY 2025), Food Ingredients — Cost of Sales shows a downward trend with a -8.6% CAGR. This increase may warrant attention — for this metric, lower values are generally preferred.

Analysis

StatementSegment
CategoryProfitability
SignalLower is better
VolatilityStable
First reportedQ1 2023
Last reportedQ1 2026May 5, 2026

How to read this metric

A lower ratio of cost of sales to net sales indicates improved manufacturing efficiency or better pricing power.

Detailed definition

The direct costs attributable to the production of food ingredients, including raw materials, direct labor, and manufact...

Peer comparison

Comparable to 'Cost of Goods Sold' (COGS) across manufacturing and industrial sectors.

Metric ID: iff_segment_food_ingredients_cost_of_sales

Historical Data

13 periods
 Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Value$757M$757M$757M$757M$673M$655M$668M$630M$609M$642M$642M$638M$646M
QoQ Change+0.0%+0.0%+0.0%-11.1%-2.7%+2.0%-5.7%-3.3%+5.4%+0.0%-0.6%+1.3%
YoY Change-11.1%-13.5%-11.8%-16.8%-9.5%-2.0%-3.9%+1.3%+6.1%
Range$609M$757M
CAGR-5.1%
Avg YoY Growth-6.8%
Median YoY Growth-9.5%

Frequently Asked Questions

What is International Flavors & Fragrances's food ingredients — cost of sales?
International Flavors & Fragrances (IFF) reported food ingredients — cost of sales of $646M in Q1 2026.
How has International Flavors & Fragrances's food ingredients — cost of sales changed year-over-year?
International Flavors & Fragrances's food ingredients — cost of sales increased by 6.1% year-over-year, from $609M to $646M.
What is the long-term trend for International Flavors & Fragrances's food ingredients — cost of sales?
Over 2 years (2023 to 2025), International Flavors & Fragrances's food ingredients — cost of sales has grown at a -8.6% compound annual growth rate (CAGR), from $3.03B to $2.53B.
What does food ingredients — cost of sales mean?
The direct costs incurred to manufacture and deliver food ingredient products.