IFF reports 2025 loss before taxes of $412 million and launches Food Ingredients sale
International Flavors & Fragrances reported fiscal 2025 net sales of $10.89 billion, down 5% from the prior year, and a loss before taxes of $412 million, which included a $1.153 billion goodwill impairment. The company also launched a sale process for its Food Ingredients segment and gave 2026 guidance of $10.5 billion to $10.8 billion in sales and $2.05 billion to $2.15 billion in adjusted operating EBITDA.
Key points
- Q4 2025 reported net sales were $2.59 billion, down 7%; comparable currency neutral sales rose 1%
- Full-year 2025 reported loss per share was $(1.46), while adjusted EPS excluding amortization was $4.20
- Full-year 2025 cash flow from operations was $850 million and free cash flow was $256 million
- 2026 guidance assumes three months of Soy Crush, Concentrates, and Lecithin results, with divestiture closing assumed March 31, 2026
The filing
Written by AI (Anthropic Claude, claude-haiku-5-5) on Nov 8, 2026, 12:42 AM ET, from the text of the filing and its press-release exhibits only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on February 11, 2026.
Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.