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International Flavors & Fragrances IFF Health & Biosciences — Cost of Sales

Other segment segments

Food Ingredients
$646M+6.1%
Scent
$375M+9.0%
Taste
$375M-0.5%

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Other financials

Income statement

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Revenue$2.7B-3.6%
Gross profit$1.0B-1.6%
Operating income$273.0M+130%
Net income$169.0M+117%
EPS (diluted)$0.66+117%

Balance sheet

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Cash & equivalents$562.0M-13.5%
Total debt$6.3B-35.5%
Total equity$14.1B+7.2%
Total assets$25.1B-11.0%

Cash flow

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Operating cash flow$257.0M+102%
CapEx$165.0M-7.8%
Free cash flow$92.0M+277%

Valuation

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Market cap$22.47B+32.5%
Enterprise value$28.25B+23.4%
P/E27.4×
P/S2.1×+0.6×

Profitability

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Gross margin36.3%+0.2pp
Operating margin-3.2%-1.4pp
Net margin7.6%+5.2pp
FCF margin3.7%-1.3pp

Returns & leverage

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Return on equity6%+4.0pp
Debt / equity0.4×-0.3×
Current ratio1.5×-0.4×

Where this comes from

Reported directly by International Flavors & Fragrances in its filing.

Tagged under the XBRL concept us-gaap:CostOfGoodsAndServicesSold.

The source filing: International Flavors & Fragrances’s 10-Q, filed May 5, 2026.

Filed
May 5, 2026, 4:24 PM EDT
Fiscal quarter
Q1 FY2026
Calendar quarter
Q1 2026
Accession
0000051253-26-000017
Line itemThree Months Ended March 31, 2026 / TasteThree Months Ended March 31, 2026 / Food IngredientsThree Months Ended March 31, 2026 / Health & BiosciencesThree Months Ended March 31, 2026 / ScentTotal
Net sales$656$839$595$651$2,741
Cost of sales(375)(646)(327)(375)
Research & development expenses(43)(14)(55)(54)
Selling & administrative expenses(101)(99)(92)(92)
Depreciation expense add-back (a)16343218
Adjusted Operating EBITDA$153$114$153$148$568

Item 1. Financial Statements (Unaudited)

FAQ

What is International Flavors & Fragrances's health & biosciences — cost of sales?
International Flavors & Fragrances (IFF) reported health & biosciences — cost of sales of $327M in Q1 2026.
How has International Flavors & Fragrances's health & biosciences — cost of sales changed year-over-year?
International Flavors & Fragrances's health & biosciences — cost of sales increased by 9.7% year-over-year, from $298M to $327M.
What does health & biosciences — cost of sales mean?
The direct costs attributable to the production of goods and services sold by the Health & Biosciences segment. This includes raw materials, direct labor, and manufacturing overheads required to bring products to market.

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