International Flavors & Fragrances (IFF) Research & Development (2009 - 2026)
International Flavors & Fragrances' Research & Development came in at $170 million for Q2 2026, unchanged from $170 million a year earlier and up 2.4% from the prior quarter.
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Analysis
International Flavors & Fragrances (IFF) Research & Development (2009 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, International Flavors & Fragrances reported Research & Development of $684 million, up 2.7% year-over-year; for FY2025, it was $694 million, up 3.4% from FY2024.
- Research & Development has increased in each of the last three years, with a five-year compound annual growth rate of 14.2% (FY2020 to FY2025).
- Going back by year, Research & Development was $671 million in FY2024 (+5.5%), $636 million in FY2023 (+5.5%), $603 million in FY2022 (-4.1%) and $629 million in FY2021 (+76.2%).
- The five-year range for quarterly Research & Development is $143 million (Q4 2022) to $174 million (Q4 2025).
- Year-over-year, Research & Development increased in five of the last eight quarters, with growth averaging 2.4%.
- The fastest year-over-year change in Research & Development over five years came in Q3 2021 (growth of 75.3%), and the weakest in Q4 2022 (a decline of 13.9%).
- Business Quant data shows IFF's Research & Development at $166 million (Q1 2026), $174 million (Q4 2025) and $174 million (Q3 2025) in the three quarters before Q2 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Linde | 230.42 Bn | 211.99 Bn | 4.43 Bn | 37.00 Mn |
| 2 | Corning | 114.15 Bn | 106.72 Bn | 1.63 Bn | 299.00 Mn |
| 3 | Sherwin Williams | 81.81 Bn | 80.85 Bn | 3.34 Bn | - |
| 4 | Air Products & Chemicals | 66.46 Bn | 61.65 Bn | 1.04 Bn | 21.50 Mn |
| 5 | LyondellBasell Industries | 40.79 Bn | 30.30 Bn | 2.04 Bn | 34.00 Mn |
| 6 | Nutrien | 33.38 Bn | 30.20 Bn | 3.25 Bn | - |
| 7 | Qnity Electronics | 24.84 Bn | 21.98 Bn | 666.00 Mn | 98.00 Mn |
| 8 | Ati | 24.70 Bn | 22.72 Bn | 309.80 Mn | - |
| 9 | Ppg Industries | 24.14 Bn | 16.79 Bn | 1.81 Bn | 107.00 Mn |
| 10 | International Flavors & Fragrances | 23.33 Bn | 20.99 Bn | 853.00 Mn | 170.00 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 170.00 Mn |
| Mar 31, 2026 | 166.00 Mn |
| Dec 31, 2025 | 174.00 Mn |
| Sep 30, 2025 | 174.00 Mn |
| Jun 30, 2025 | 170.00 Mn |
| Mar 31, 2025 | 164.00 Mn |
| Dec 31, 2024 | 170.00 Mn |
| Sep 30, 2024 | 162.00 Mn |
| Jun 30, 2024 | 173.00 Mn |
| Mar 31, 2024 | 166.00 Mn |
| Dec 31, 2023 | 157.00 Mn |
| Sep 30, 2023 | 157.00 Mn |
| Jun 30, 2023 | 161.00 Mn |
| Mar 31, 2023 | 161.00 Mn |
| Dec 31, 2022 | 143.00 Mn |
| Sep 30, 2022 | 145.00 Mn |
| Jun 30, 2022 | 158.00 Mn |
| Mar 31, 2022 | 157.00 Mn |
| Dec 31, 2021 | 166.00 Mn |
| Sep 30, 2021 | 156.00 Mn |
API Access
International Flavors & Fragrances Research & Development 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=research-and-development&ticker=IFF&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "research-and-development", "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=research-and-development&ticker=IFF&period=max&api_key=YOUR_API_KEY");
const data = await res.json();