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International Flavors & Fragrances IFF Scent — Research and development expenses

Other segment segments

Health & Biosciences
$57M+29.5%
Taste
$43M+7.5%
Food Ingredients
$14M+16.7%

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$4M+33.3%
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$44M-2.2%

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$19.17B-1.6%
Enterprise value$24.95B-1.9%
P/E23.4×—
P/S1.8×+0.1×

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:ResearchAndDevelopmentExpense.

The official record: International Flavors & Fragrances’s 10-Q, filed May 5, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is International Flavors & Fragrances's scent — research and development expenses?
International Flavors & Fragrances (IFF) reported scent — research and development expenses of $54M in Q1 2026.
How has International Flavors & Fragrances's scent — research and development expenses changed year-over-year?
International Flavors & Fragrances's scent — research and development expenses decreased by 1.8% year-over-year, from $55M to $54M.
What is the long-term trend for International Flavors & Fragrances's scent — research and development expenses?
Over 3 years (2022 to 2025), International Flavors & Fragrances's scent — research and development expenses has grown at a 8.4% compound annual growth rate (CAGR), from $189M to $241M.
What does scent — research and development expenses mean?
Expenditures dedicated to the discovery, formulation, and testing of new fragrance compounds and technologies. This investment is critical for maintaining a competitive advantage in the specialty ingredients market through innovation and proprietary solutions.