IFF Reports Q3 Revenue Growth, Updates 2026 Guidance and Agrees to Sell Food Ingredients Business
IFF reported Q3 revenue of $1.94 billion, up 3.9% year over year, and adjusted EPS of $0.83 versus a FactSet estimate of $0.81. It recorded a $55 million net loss, including a $236 million impairment, updated 2026 revenue guidance to $7.5 billion–$7.6 billion, and said its Food Ingredients sale is expected to close in Q2 2027.
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International Flavors & Fragrances Inc. (IFF) announced its third-quarter 2026 financial results, reporting revenue of $1.94 billion, a 3.9% increase compared to the prior-year quarter. The company posted an adjusted EPS of $0.83, exceeding the FactSet estimate of $0.81. Despite volume-led growth across all segments, IFF recorded a net loss of $55 million, primarily driven by a $236 million impairment related to assets held for sale.
The company also updated its 2026 revenue guidance to a range of $7.5 billion to $7.6 billion. Additionally, IFF confirmed an agreement to sell its Food Ingredients business, with the transaction expected to close in the second quarter of 2027.