What is International Flavors & Fragrances's R&D?

International Flavors & Fragrances (IFF) reported R&D of $166M in Q1 2026.

How has International Flavors & Fragrances's R&D changed year-over-year?

International Flavors & Fragrances's R&D increased by 1.2% year-over-year, from $164M to $166M.

What is the long-term trend for International Flavors & Fragrances's R&D?

Over 4 years (2021 to 2025), International Flavors & Fragrances's R&D has grown at a 2.5% compound annual growth rate (CAGR), from $629M to $694M.

Costs of research activities to discover new knowledge and development activities to translate research into new or improved products, services, processes, or technologies.

International Flavors & Fragrances IFF R&D

R&D at other companies

McCormick & Company, IncorporatedMKC

$26.53M+3.1%

AshlandASH

$14M0.0%

InnospecIOSP

$13.2M+3.9%

Ascent Industries Co.ACNT

$63K—

Eastman ChemicalEMN

$60M-10.4%

Thermo Fisher ScientificTMO

$336M-1.8%

Segments

By segment

See full

Health & Biosciences$57M+29.5%

Scent$54M-1.8%

Taste$43M+7.5%

Food Ingredients$14M+16.7%

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

See full

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

See full

Operating cash flow$257.0M+102%

CapEx$165.0M-7.8%

Free cash flow$92.0M+277%

Valuation

See full

Market cap$19.17B-1.6%

Enterprise value$24.95B-1.9%

P/E23.4×—

P/S1.8×+0.1×

Profitability

See full

Gross margin36.3%+0.2pp

Operating margin-3.2%-1.4pp

Net margin7.6%+5.2pp

FCF margin3.7%-1.3pp

Returns & leverage

See full

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 R&D?: International Flavors & Fragrances (IFF) reported R&D of $166M in Q1 2026.
How has International Flavors & Fragrances's R&D changed year-over-year?: International Flavors & Fragrances's R&D increased by 1.2% year-over-year, from $164M to $166M.
What is the long-term trend for International Flavors & Fragrances's R&D?: Over 4 years (2021 to 2025), International Flavors & Fragrances's R&D has grown at a 2.5% compound annual growth rate (CAGR), from $629M to $694M.
What does R&D mean?: Costs of research activities to discover new knowledge and development activities to translate research into new or improved products, services, processes, or technologies.