Company / R&D Expense
International Flavors & Fragrances R&D Expense History
FY2016-FY2025 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest R&D Expense
$694.0M
FY2025
5-year range
$603.0M / $694.0M
FY2021-FY2025
Trend
+3.4%
vs FY2024
Sector context
#3 of 53
Materials
What the data says
Among 53 Materials companies, International Flavors & Fragrances is in the top 6% for r&d expense. R&D Expense has increased for 3 consecutive years, from $603M in FY2022 to $694M in FY2025.
Based on SEC 10-K filings.
$694M in FY2025 with a 5-year CAGR of +14.2%. Ranks 3rd among 53 companies in Materials.
Improved from $636M to $694M over the past 2 years.
Materials sector context is included.
R&D Expense over time
Growth rates
- 3-Year CAGR
- +4.8%
- 5-Year CAGR
- +14.2%
- 10-Year CAGR
- -
Sector benchmark
Top 6% in MaterialsTop 6% of 53This company $694.0M Sector average $131.8M
▼
+426.5% above sector average
Key checks
Key Insights
- International Flavors & Fragrances's r&d expense has grown for 3 consecutive years.
- 5-year CAGR of +14.2%, indicating consistent growth.
- In FY2025, r&d expense increased 3.4% year-over-year.
- Ranks #3 out of 53 companies in the Materials sector.
Company context
Key Data Points
- Altman Z-Score 0.63 (distress zone, below 1.8 threshold)
- High earnings quality (cash-backed earnings)
Data sourced from SEC EDGAR filings. Not investment advice.
Annual data
| Year | R&D ExpenseValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | $694.0M | +3.4% |
| FY2024 | $671.0M | +5.5% |
| FY2023 | $636.0M | +5.5% |
| FY2022 | $603.0M | -4.1% |
| FY2021 | $629.0M | +76.2% |
| FY2020 | $357.0M | +3.2% |
| FY2019 | $346.0M | +11.0% |
| FY2018 | $311.6M | +26.6% |
| FY2017 | $246.1M | -3.0% |
| FY2016 | $253.6M | +3.1% |
As of FY2025 · SEC 10-K · Updated Jun 30, 2026