International Flavors & Fragrances (IFF) Operating Expenses (2009 - 2026)
International Flavors & Fragrances' Operating Expenses came in at $613 million for Q2 2026, up 2.3% from $599 million a year earlier and up 2.3% from the prior quarter.
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Analysis
International Flavors & Fragrances (IFF) Operating Expenses (2009 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, International Flavors & Fragrances reported Operating Expenses of $2.48 billion, down 4.9% year-over-year; for FY2025, it was $2.6 billion, down 3.6% from FY2024.
- Operating Expenses carries a five-year compound annual growth rate of 14.5% (FY2020 to FY2025).
- Going back by year, Operating Expenses was $2.7 billion in FY2024 (+8.2%), $2.49 billion in FY2023 (+4.5%), $2.38 billion in FY2022 (-1.5%) and $2.42 billion in FY2021 (+82.8%).
- The five-year range for quarterly Operating Expenses is $554 million (Q3 2022) to $710 million (Q4 2024).
- Year-over-year, Operating Expenses increased in three of the last eight quarters, with an average decline of 0.7%.
- The fastest year-over-year change in Operating Expenses over five years came in Q3 2021 (growth of 84.0%), and the weakest in Q2 2025 (a decline of 10.3%).
- Business Quant data shows IFF's Operating Expenses at $599 million (Q1 2026), $659 million (Q4 2025) and $611 million (Q3 2025) in the three quarters before Q2 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Linde | 232.04 Bn | 213.62 Bn | 4.43 Bn | 928.00 Mn |
| 2 | Corning | 112.65 Bn | 105.21 Bn | 1.63 Bn | 907.00 Mn |
| 3 | Sherwin Williams | 81.22 Bn | 80.26 Bn | 3.34 Bn | 2.10 Bn |
| 4 | Air Products & Chemicals | 66.70 Bn | 61.88 Bn | 1.04 Bn | 3.15 Bn |
| 5 | LyondellBasell Industries | 41.09 Bn | 30.59 Bn | 2.04 Bn | 7.63 Bn |
| 6 | Nutrien | 33.72 Bn | 30.54 Bn | 3.25 Bn | 235.00 Mn |
| 7 | Ati | 24.91 Bn | 22.94 Bn | 309.80 Mn | 99.60 Mn |
| 8 | Qnity Electronics | 24.52 Bn | 21.66 Bn | 666.00 Mn | 298.00 Mn |
| 9 | Ppg Industries | 24.04 Bn | 16.70 Bn | 1.81 Bn | 1.15 Bn |
| 10 | International Flavors & Fragrances | 23.38 Bn | 21.04 Bn | 853.00 Mn | 613.00 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 613.00 Mn |
| Mar 31, 2026 | 599.00 Mn |
| Dec 31, 2025 | 659.00 Mn |
| Sep 30, 2025 | 611.00 Mn |
| Jun 30, 2025 | 599.00 Mn |
| Mar 31, 2025 | 642.00 Mn |
| Dec 31, 2024 | 710.00 Mn |
| Sep 30, 2024 | 658.00 Mn |
| Jun 30, 2024 | 668.00 Mn |
| Mar 31, 2024 | 659.00 Mn |
| Dec 31, 2023 | 608.00 Mn |
| Sep 30, 2023 | 603.00 Mn |
| Jun 30, 2023 | 613.00 Mn |
| Mar 31, 2023 | 667.00 Mn |
| Dec 31, 2022 | 590.00 Mn |
| Sep 30, 2022 | 554.00 Mn |
| Jun 30, 2022 | 621.00 Mn |
| Mar 31, 2022 | 618.00 Mn |
| Dec 31, 2021 | 623.00 Mn |
| Sep 30, 2021 | 598.00 Mn |
API Access
International Flavors & Fragrances Operating Expenses API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=operating-expenses&ticker=IFF&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-expenses", "ticker": "IFF", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=operating-expenses&ticker=IFF&period=max&api_key=YOUR_API_KEY");
const data = await res.json();