IFF · News · 20260804N
Revenue Performance and Mix
INTERNATIONAL FLAVORS & FRAGRANCES INC · 2026-08-04 · Importance 31 · Surprise 32 · No source text
IFF reported second-quarter 2026 revenue of $1.95 billion, up 1.8% year over year on a continuing-operations basis from approximately $1.92 billion. Organic revenue increased 6% year over year, supported by volume growth across Taste, Health & Biosciences, and Scent. Reported results exclude the divested Food Ingredients business and the Soy Crush, Concentrates, and Lecithin businesses, which are classified as discontinued operations. Revenue fell well short of the $2.62 billion FactSet estimate, reflecting the impact of portfolio changes and weaker demand.
Key facts
- Company reported sales falling 29.3% year over year to $1.95 billion (stated in one report). source
- Q2 2026 revenue: $1.95 billion. source
- Net income declined to $50 million and diluted EPS fell to $0.20 in Q2 2026, attributed primarily to various divestitures and affecting comparability with the prior year. source
- Q2 2026 adjusted EPS: $0.82 per share. source
- Q2 2026 GAAP quarterly earnings: $0.82 per share, missing the Zacks Consensus Estimate of $1.14 per share. source
- Q2 2026 adjusted EPS of $0.82 per share fell short of FactSet's estimate of $1.07 per share. source
Impact estimates
| metric | direction | stage | expected | basis |
|---|---|---|---|---|
| revenue | negative | realized | -41.5% | Company reported sales falling 29.3% year over year to $1.95 billion (stated in one report). |