International Flavors & Fragrances reports Q3 2026 results and lifts full‑year sales and EBITDA outlook
International Flavors & Fragrances (IFF) posted third‑quarter 2026 revenue of $1.94 billion, a 4% increase on a reported basis and a 5% increase on a currency‑neutral (organic) basis. Adjusted operating EBITDA rose to $403 million, up 6% on a currency‑neutral basis, while adjusted EPS was $0.83 versus a GAAP loss of $0.50 per share. The company raised the low end of its full‑year 2026 sales guidance to $7.5 billion‑$7.6 billion and its adjusted EBITDA guidance to $1.55 billion‑$1.60 billion, and completed a $500 million accelerated share‑repurchase program. CEO Erik Fyrwald said the Food Ingredients divestiture remains on track to close by the end of Q2 2027.
Why it matters
The raised guidance expands the revenue floor for FY 2026, which may support the stock’s valuation despite a softer Q4 outlook (the company’s own commentary in the 8‑K). Completion of the $500 million buyback returns capital to shareholders, potentially boosting earnings per share.
Key facts
- 1Reported net sales for Q3 2026 were $1.94 billion, a 4% increase versus the prior‑year period. stocktitan.net
- 2Currency‑neutral (organic) sales grew 5% versus the prior‑year period. stocktitan.net
- 3Adjusted operating EBITDA for Q3 2026 was $403 million, a 6% increase on a currency‑neutral basis. stocktitan.net
- 4Adjusted EPS (non‑GAAP) for Q3 2026 was $0.83 per diluted share. stocktitan.net
- 5GAAP EPS for Q3 2026 was a loss of $0.50 per diluted share. stocktitan.net
- 6Full‑year 2026 sales guidance was raised to a range of $7.5 billion‑$7.6 billion, lifting the low end. tradingview.com
Summary written by AlphAI AI Desk from 11 of 11 sources. Not investment advice. Figures are as stated by the linked sources.