Back to news

IFF Reports Third Quarter 2026 Results

Business Wire•03/11/2026•16:15 ET
0

Key Highlights

  • ➤Q3 sales $1.94B, up 4% year over year
  • ➤Q3 adjusted operating EBITDA $403M, up 6% currency neutral
  • ➤2026 adjusted operating EBITDA guidance raised to $1.55B-$1.60B
  • ➤$500M accelerated share repurchase program recently completed
  • ➤Food Ingredients divestiture remains on track to close by end of second quarter 2027

Expert Statements

Erik Fyrwald, CEO of IFF

“IFF delivered a solid third quarter, with improved sales and profitability across all divisions. Taste and Scent delivered strong top- and bottom-line results, and Health & Biosciences improved modestly as we continue to strengthen the business. We also generated strong cash flow through the first nine months of 2026 and recently completed our $500 million accelerated share repurchase program. The separation of Food Ingredients is progressing well, and we are on track with our timeline to close.”

Erik Fyrwald, CEO of IFF

“Heading into year-end, we are raising the low end of our full-year financial guidance ranges, supported by our year-to-date performance. Volumes remain solid as customers continue to value our strong R&D and innovation. At the same time, we expect fourth-quarter profitability to be softer, particularly in Health & Biosciences, reflecting higher costs as well as reinvestments to strengthen the business. Amid changing macroeconomic conditions, we remain focused on what we can control and are delivering on the financial commitments we set out earlier this year. Our continued execution and these actions give us confidence to deliver results within our full-year financial outlook and our ability to create long-term value for shareholders.”

Delivered Strong Sales, Profit and Cash Flow Performance in Third Quarter 2026

Food Ingredients Divestiture Progressing Well and On Track to Close by End of Second Quarter 2027

Get started

Create a free account to read the full story.

Sign Up

Already have an account? Log in