IFF incurred $106 million of regulatory costs in 2025, primarily for legal fees and provisions related to ongoing investigations of its fragrance businesses. Regulatory costs were $10 million in the first quarter of 2026. The disclosure does not identify the investigating jurisdictions, alleged violations, or expected resolution timeframe.
Key facts
The company states regulatory costs “represents costs primarily related to legal fees incurred and provisions recognized for the ongoing investigations of the fragrance businesses.” source
Regulatory costs for the three months ended March 31, 2026 (Recast): $(10) million source