国际香料香精 2025年度报告

ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 ☑For the fiscal year ended December31, 2025OR☐TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934For the transition period from _______ to _______Commission File Number 1-4858 INTERNATIONAL FLAVORS& FRAGRANCES INC. (Exact name of registrant as specified in its charter) New York(State or other jurisdictionof incorporation or organization) 13-1432060 (I.R.S. Employer Identification No.) 521 West 57th Street, New York, NY 10019-2960200 Powder Mill Road, Wilmington, DE 19803-2907(Address of principal executive offices) (Zip Code) Registrant’s telephone number, including area code (212)765-5500 SECURITIES REGISTERED PURSUANT TO SECTION 12(b) OF THE ACT: SECURITIES REGISTERED PURSUANT TO SECTION 12(g) OF THE ACT:None Indicate by check mark if the registrant is a well-known seasoned issuer, as defined in Rule 405 of the Securities Act.Yes☑No☐ Indicate by check mark whether the registrant (1)has filed all reports required to be filed by Section13 or 15(d) of the Securities ExchangeAct of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2)has beensubject to such filing requirements for the past 90 days. Yes☑No☐ Indicate by check mark whether the registrant has submitted electronically every Interactive Data File required to be submitted pursuant toRule 405 of Regulation S-T (§232.405 of this chapter) during the preceding 12 months (or for such shorter period that the registrant wasrequired to submit such files). Yes☑No☐ Indicate by check mark whether the Registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, a smaller reportingcompany, or an emerging growth company. See the definitions of “large accelerated filer,” “accelerated filer,” “smaller reporting company,”and “emerging growth company” in Rule 12b-2 of the Exchange Act. AcceleratedfilerSmallerreportingcompanyEmerging growth company If an emerging growth company, indicate by checkmark if the registrant has elected not to use the extended transition period for complyingwith any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.☐ Indicate by check mark whether the registrant has filed a report on and attestation to its management’s assessment of the effectiveness of itsinternal control over financial reporting under Section 404(b) of the Sarbanes-Oxley Act (15 U.S.C. 7262(b)) by the registered publicaccounting firm that prepared or issued its audit report.☑ If securities are registered pursuant to Section 12(b) of the Act, indicate by check mark whether the financial statements of the registrantincluded in the filing reflect the correction of an error to previously issued financial statements.☑ Indicate by check mark whether any of those error corrections are restatements that required a recovery analysis of incentive-basedcompensation received by any of the registrant’s executive officers during the relevant recovery period pursuant to § 240.10D-1(b).☑ Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act). Yes☐No☑ The aggregate market value of the voting stock held by non-affiliates of the Registrant was $18,848,336,277 as of June 30, 2025. As of February20, 2026, there were 255,477,487 shares of the registrant’s common stock, par value 12 /2¢ per share, outstanding.1 DOCUMENTS INCORPORATED BY REFERENCE Portions of the registrant’s proxy statement for the 2026 Annual Meeting of Shareholders (the “IFF 2026 Proxy Statement”) are incorporatedby reference in Part III of this Form 10-K. INTERNATIONAL FLAVORS& FRAGRANCES INC.TABLE OF CONTENTS PART I ITEM1.Business3ITEM1A.Risk Factors10ITEM 1B.Unresolved Staff Comments21ITEM 1C.Cybersecurity21ITEM 2.Properties23ITEM 3.Legal Proceedings23ITEM 4.Mine Safety Disclosures23PART IIITEM 5.Market for Registrant’s Common Equity, Related Stockholder Matters and Issuer Purchases of Equity Securities23ITEM 6.[Reserved]24ITEM 7.Management’s Discussion and Analysis of Financial Condition and Results of Operations24ITEM 7A.Quantitative and Qualitative Disclosures About Market Risk43ITEM 8.Financial Statements and Supplementary Data44ITEM 9.Changes in and Disagreements with Accountants on Accounting and Financial Disclosure44ITEM 9A.Controls and Procedures44ITEM 9B.Other Information44ITEM 9C.Disclosure Regarding Foreign Jurisdictions that Prevent Inspections45PART IIIITEM 10.Directors, Executive Officers and Corporate Governance45ITEM 11.Executive Compensation45ITEM 12.Security Ownership of Certain Beneficial Owners and Management and Related Stockholder Matters45ITEM 13.Certain Relationships and Related Transactions and Director Independence45ITEM 14.Principal Accountant Fees and Services45PART IVITEM 15.Exhibits and Financial Statement Schedules45ITEM 16.Form 10-K Summary