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Side-by-side financial comparison of International Flavors & Fragrances (IFF) and EchoStar CORP (SATS). Click either name above to swap in a different company.

EchoStar CORP is the larger business by last-quarter revenue ($3.8B vs $2.7B, roughly 1.4× International Flavors & Fragrances). International Flavors & Fragrances runs the higher net margin — 6.2% vs -31.8%, a 38.0% gap on every dollar of revenue. On growth, International Flavors & Fragrances posted the faster year-over-year revenue change (-3.6% vs -4.3%). Over the past eight quarters, International Flavors & Fragrances's revenue compounded faster (-2.6% CAGR vs -2.8%).

International Flavors & Fragrances Inc. (IFF) is an American corporation that creates products across taste, texture, scent, nutrition, enzymes, cultures, soy proteins, and probiotics categories, which it markets globally. It is headquartered in New York City and has creative, sales, and manufacturing facilities in 44 countries. The company is a member of the S&P 500 index.

TiVo Inc. v. EchoStar Corp. is a case stretching from 2004 to 2011, which took place in the United States District Court for the Eastern District of Texas and the United States Court of Appeals for the Federal Circuit. TiVo Inc. sued EchoStar Corp. claiming patent infringement of a DVR technology. The issues addressed during litigation included patent infringement, wording of injunctions, infringing product redesign, contempt of court orders, and contempt sanctions. Ultimately, the court held...

IFF vs SATS — Head-to-Head

Bigger by revenue
SATS
SATS
1.4× larger
SATS
$3.8B
$2.7B
IFF
Growing faster (revenue YoY)
IFF
IFF
+0.7% gap
IFF
-3.6%
-4.3%
SATS
Higher net margin
IFF
IFF
38.0% more per $
IFF
6.2%
-31.8%
SATS
Faster 2-yr revenue CAGR
IFF
IFF
Annualised
IFF
-2.6%
-2.8%
SATS

Income Statement — Q1 FY2026 vs Q4 FY2025

Metric
IFF
IFF
SATS
SATS
Revenue
$2.7B
$3.8B
Net Profit
$170.0M
$-1.2B
Gross Margin
37.1%
Operating Margin
-20.5%
Net Margin
6.2%
-31.8%
Revenue YoY
-3.6%
-4.3%
Net Profit YoY
-460.1%
EPS (diluted)
$0.66
$-4.27

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
IFF
IFF
SATS
SATS
Q1 26
$2.7B
Q4 25
$2.6B
$3.8B
Q3 25
$2.7B
$3.6B
Q2 25
$2.8B
$3.7B
Q1 25
$2.8B
$3.9B
Q4 24
$2.8B
$4.0B
Q3 24
$2.9B
$3.9B
Q2 24
$2.9B
$4.0B
Net Profit
IFF
IFF
SATS
SATS
Q1 26
$170.0M
Q4 25
$5.0M
$-1.2B
Q3 25
$40.0M
$-12.8B
Q2 25
$612.0M
$-306.1M
Q1 25
$-1.0B
$-202.7M
Q4 24
$-46.0M
$335.2M
Q3 24
$59.0M
$-141.8M
Q2 24
$170.0M
$-205.6M
Gross Margin
IFF
IFF
SATS
SATS
Q1 26
37.1%
Q4 25
34.4%
Q3 25
36.5%
Q2 25
37.3%
Q1 25
36.4%
Q4 24
35.4%
Q3 24
36.0%
Q2 24
37.0%
Operating Margin
IFF
IFF
SATS
SATS
Q1 26
Q4 25
3.7%
-20.5%
Q3 25
8.4%
-460.5%
Q2 25
7.2%
-5.7%
Q1 25
-31.8%
-2.3%
Q4 24
4.6%
-1.6%
Q3 24
8.5%
-4.1%
Q2 24
6.6%
-1.7%
Net Margin
IFF
IFF
SATS
SATS
Q1 26
6.2%
Q4 25
0.2%
-31.8%
Q3 25
1.5%
-353.6%
Q2 25
22.1%
-8.2%
Q1 25
-35.8%
-5.2%
Q4 24
-1.7%
8.5%
Q3 24
2.0%
-3.6%
Q2 24
5.9%
-5.2%
EPS (diluted)
IFF
IFF
SATS
SATS
Q1 26
$0.66
Q4 25
$0.03
$-4.27
Q3 25
$0.16
$-44.37
Q2 25
$2.38
$-1.06
Q1 25
$-3.98
$-0.71
Q4 24
$-0.17
$1.24
Q3 24
$0.23
$-0.52
Q2 24
$0.66
$-0.76

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
IFF
IFF
SATS
SATS
Cash + ST InvestmentsLiquidity on hand
$562.0M
$3.0B
Total DebtLower is stronger
$5.8B
$18.7B
Stockholders' EquityBook value
$5.8B
Total Assets
$25.1B
$43.0B
Debt / EquityLower = less leverage
3.24×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
IFF
IFF
SATS
SATS
Q1 26
$562.0M
Q4 25
$590.0M
$3.0B
Q3 25
$621.0M
$3.9B
Q2 25
$816.0M
$4.3B
Q1 25
$613.0M
$5.1B
Q4 24
$469.0M
$5.5B
Q3 24
$567.0M
$674.4M
Q2 24
$671.0M
$520.6M
Total Debt
IFF
IFF
SATS
SATS
Q1 26
$5.8B
Q4 25
$5.6B
$18.7B
Q3 25
$21.8B
Q2 25
$25.4B
Q1 25
$25.3B
Q4 24
$8.9B
$25.7B
Q3 24
Q2 24
Stockholders' Equity
IFF
IFF
SATS
SATS
Q1 26
Q4 25
$14.2B
$5.8B
Q3 25
$14.2B
$7.0B
Q2 25
$14.4B
$19.7B
Q1 25
$13.2B
$20.0B
Q4 24
$13.9B
$20.2B
Q3 24
$14.8B
$19.4B
Q2 24
$14.3B
$19.6B
Total Assets
IFF
IFF
SATS
SATS
Q1 26
$25.1B
Q4 25
$25.5B
$43.0B
Q3 25
$25.8B
$45.3B
Q2 25
$26.1B
$59.9B
Q1 25
$28.3B
$60.6B
Q4 24
$28.7B
$60.9B
Q3 24
$29.9B
$57.5B
Q2 24
$29.5B
$55.3B
Debt / Equity
IFF
IFF
SATS
SATS
Q1 26
Q4 25
0.40×
3.24×
Q3 25
3.13×
Q2 25
1.29×
Q1 25
1.27×
Q4 24
0.64×
1.27×
Q3 24
Q2 24

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
IFF
IFF
SATS
SATS
Operating Cash FlowLast quarter
$257.0M
$-425.3M
Free Cash FlowOCF − Capex
$-583.4M
FCF MarginFCF / Revenue
-15.4%
Capex IntensityCapex / Revenue
4.2%
Cash ConversionOCF / Net Profit
1.51×
TTM Free Cash FlowTrailing 4 quarters
$-1.1B

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
IFF
IFF
SATS
SATS
Q1 26
$257.0M
Q4 25
$318.0M
$-425.3M
Q3 25
$164.0M
$111.7M
Q2 25
$241.0M
$7.5M
Q1 25
$127.0M
$206.8M
Q4 24
$368.0M
$45.6M
Q3 24
$366.0M
$276.2M
Q2 24
$237.0M
$479.7M
Free Cash Flow
IFF
IFF
SATS
SATS
Q1 26
Q4 25
$130.0M
$-583.4M
Q3 25
$32.0M
$-144.4M
Q2 25
$146.0M
$-285.7M
Q1 25
$-52.0M
$-51.7M
Q4 24
$208.0M
$-298.7M
Q3 24
$263.0M
$-57.5M
Q2 24
$155.0M
$132.4M
FCF Margin
IFF
IFF
SATS
SATS
Q1 26
Q4 25
5.0%
-15.4%
Q3 25
1.2%
-4.0%
Q2 25
5.3%
-7.7%
Q1 25
-1.8%
-1.3%
Q4 24
7.5%
-7.5%
Q3 24
9.0%
-1.5%
Q2 24
5.4%
3.3%
Capex Intensity
IFF
IFF
SATS
SATS
Q1 26
Q4 25
7.3%
4.2%
Q3 25
4.9%
7.1%
Q2 25
3.4%
7.9%
Q1 25
6.3%
6.7%
Q4 24
5.8%
8.7%
Q3 24
3.5%
8.6%
Q2 24
2.8%
8.8%
Cash Conversion
IFF
IFF
SATS
SATS
Q1 26
1.51×
Q4 25
63.60×
Q3 25
4.10×
Q2 25
0.39×
Q1 25
Q4 24
0.14×
Q3 24
6.20×
Q2 24
1.39×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

IFF
IFF

Segment breakdown not available.

SATS
SATS

Pay Tv$2.4B62%
Wireless Services And Related Revenue$846.5M22%
Equipment Sales And Other Revenue$346.5M9%
Broadband And Satellite Services And Other Revenue$264.1M7%

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