---
schema_version: "secwatch.filing_event.v1"
accession: "0000051253-22-000028"
form_type: "8-K"
ticker: "IFF"
cik: "0000051253"
company_name: "INTERNATIONAL FLAVORS & FRAGRANCES INC"
filed_at: "2022-11-07T23:59:59+00:00"
generated_at: "2026-06-22T06:03:32.265202+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# IFF reports Q3 GAAP loss of $2.0B on $2.25B goodwill impairment; adjusted EBITDA $612M

## Summary
- Q3 GAAP net loss $2.0B, EPS ($8.60); includes $2.25B goodwill impairment in Health & Biosciences unit.
- Adjusted (non-GAAP) operating EBITDA $612M (20.0% margin); adjusted EPS ex amortization $1.36.
- Q3 sales $3.1B, driven by pricing actions that offset volume declines and FX headwinds.
- First nine months 2022: sales $9.6B, adjusted operating EBITDA $2.0B (21.0% margin), adjusted EPS $4.59.
- CEO Frank Clyburn: cautious Q4 outlook due to challenging market conditions; focus on cost efficiencies.

## SEC filing metadata
- accession: 0000051253-22-000028
- form_type: 8-K
- ticker: IFF
- cik: 0000051253
- company_name: INTERNATIONAL FLAVORS & FRAGRANCES INC
- filed_at: 2022-11-07T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/51253/000005125322000028/0000051253-22-000028-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/51253/000005125322000028/iff-20221107.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000051253-22-000028
- JSON: https://secwatch.observer/filing/0000051253-22-000028.json
- Plain text: https://secwatch.observer/filing/0000051253-22-000028.txt

## Key facts
- Earnings Releases
  INTERNATIONAL FLAVORS & FRAGRANCES INC reported third quarter ended September 30, 2022 results: revenue $3.1 B, EPS $(8.60).
  - Period: third quarter ended September 30, 2022
  - Revenue: $3.1 B
  - EPS: $(8.60)
  - Result: reported results
  source text: IFF Reports Third Quarter 2022 Results NEW YORK - November 7, 2022 - IFF (NYSE: IFF) reported financial results for the third quarter ended September 30, 2022. Third Quarter 2022 Consolidated Summary: Reported (GAAP) Adjusted (Non-GAAP) 1 Sales Loss Before Taxes EPS Operating EBITDA Operating EBITDA Margin EPS ex Amortization $3.1 B $(2.0) B $(8.60) $612 M 20.0% $1.36
  evidence_url: https://www.sec.gov/Archives/edgar/data/51253/000005125322000028/0000051253-22-000028-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.