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

Seagate Technology is the larger business by last-quarter revenue ($3.1B vs $2.6B, roughly 1.2× International Flavors & Fragrances). Seagate Technology runs the higher net margin — 24.0% vs 0.2%, a 23.8% gap on every dollar of revenue. On growth, Seagate Technology posted the faster year-over-year revenue change (44.1% vs -6.6%). Seagate Technology produced more free cash flow last quarter ($953.0M vs $130.0M). Over the past eight quarters, Seagate Technology's revenue compounded faster (28.4% CAGR vs -5.5%).

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.

Seagate Technology Holdings plc is an American data storage company. It was incorporated in 1978 as Shugart Technology and commenced business in 1979. Since 2010, the company has been incorporated in Dublin, Ireland, with operational headquarters in Fremont, California, United States.

IFF vs STX — Head-to-Head

Bigger by revenue
STX
STX
1.2× larger
STX
$3.1B
$2.6B
IFF
Growing faster (revenue YoY)
STX
STX
+50.6% gap
STX
44.1%
-6.6%
IFF
Higher net margin
STX
STX
23.8% more per $
STX
24.0%
0.2%
IFF
More free cash flow
STX
STX
$823.0M more FCF
STX
$953.0M
$130.0M
IFF
Faster 2-yr revenue CAGR
STX
STX
Annualised
STX
28.4%
-5.5%
IFF

Income Statement — Q4 FY2025 vs Q3 FY2026

Metric
IFF
IFF
STX
STX
Revenue
$2.6B
$3.1B
Net Profit
$5.0M
$748.0M
Gross Margin
34.4%
46.5%
Operating Margin
3.7%
32.1%
Net Margin
0.2%
24.0%
Revenue YoY
-6.6%
44.1%
Net Profit YoY
110.9%
-23.8%
EPS (diluted)
$0.03
$3.27

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
STX
STX
Q3 26
$3.1B
Q1 26
$2.8B
Q4 25
$2.6B
$2.6B
Q3 25
$2.7B
Q2 25
$2.8B
$2.4B
Q1 25
$2.8B
$2.2B
Q4 24
$2.8B
$2.3B
Q3 24
$2.9B
$2.2B
Net Profit
IFF
IFF
STX
STX
Q3 26
$748.0M
Q1 26
$593.0M
Q4 25
$5.0M
$549.0M
Q3 25
$40.0M
Q2 25
$612.0M
$488.0M
Q1 25
$-1.0B
$340.0M
Q4 24
$-46.0M
$336.0M
Q3 24
$59.0M
$305.0M
Gross Margin
IFF
IFF
STX
STX
Q3 26
46.5%
Q1 26
41.6%
Q4 25
34.4%
39.4%
Q3 25
36.5%
Q2 25
37.3%
37.4%
Q1 25
36.4%
35.2%
Q4 24
35.4%
34.9%
Q3 24
36.0%
32.9%
Operating Margin
IFF
IFF
STX
STX
Q3 26
32.1%
Q1 26
29.8%
Q4 25
3.7%
26.4%
Q3 25
8.4%
Q2 25
7.2%
23.2%
Q1 25
-31.8%
20.0%
Q4 24
4.6%
21.0%
Q3 24
8.5%
18.6%
Net Margin
IFF
IFF
STX
STX
Q3 26
24.0%
Q1 26
21.0%
Q4 25
0.2%
20.9%
Q3 25
1.5%
Q2 25
22.1%
20.0%
Q1 25
-35.8%
15.7%
Q4 24
-1.7%
14.5%
Q3 24
2.0%
14.1%
EPS (diluted)
IFF
IFF
STX
STX
Q3 26
$3.27
Q1 26
$2.60
Q4 25
$0.03
$2.43
Q3 25
$0.16
Q2 25
$2.38
$2.24
Q1 25
$-3.98
$1.57
Q4 24
$-0.17
$1.55
Q3 24
$0.23
$1.41

Balance Sheet & Financial Strength

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

Metric
IFF
IFF
STX
STX
Cash + ST InvestmentsLiquidity on hand
$590.0M
$1.1B
Total DebtLower is stronger
$5.6B
$3.9B
Stockholders' EquityBook value
$14.2B
Total Assets
$25.5B
$8.9B
Debt / EquityLower = less leverage
0.40×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
IFF
IFF
STX
STX
Q3 26
$1.1B
Q1 26
$1.0B
Q4 25
$590.0M
$1.1B
Q3 25
$621.0M
Q2 25
$816.0M
$891.0M
Q1 25
$613.0M
$814.0M
Q4 24
$469.0M
$1.2B
Q3 24
$567.0M
$1.2B
Total Debt
IFF
IFF
STX
STX
Q3 26
$3.9B
Q1 26
Q4 25
$5.6B
Q3 25
Q2 25
Q1 25
Q4 24
$8.9B
Q3 24
Stockholders' Equity
IFF
IFF
STX
STX
Q3 26
Q1 26
$459.0M
Q4 25
$14.2B
$-63.0M
Q3 25
$14.2B
Q2 25
$14.4B
$-453.0M
Q1 25
$13.2B
$-829.0M
Q4 24
$13.9B
$-1.1B
Q3 24
$14.8B
$-1.3B
Total Assets
IFF
IFF
STX
STX
Q3 26
$8.9B
Q1 26
$8.7B
Q4 25
$25.5B
$8.4B
Q3 25
$25.8B
Q2 25
$26.1B
$8.0B
Q1 25
$28.3B
$7.6B
Q4 24
$28.7B
$8.0B
Q3 24
$29.9B
$8.0B
Debt / Equity
IFF
IFF
STX
STX
Q3 26
Q1 26
Q4 25
0.40×
Q3 25
Q2 25
Q1 25
Q4 24
0.64×
Q3 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
STX
STX
Operating Cash FlowLast quarter
$318.0M
$2.4B
Free Cash FlowOCF − Capex
$130.0M
$953.0M
FCF MarginFCF / Revenue
5.0%
30.6%
Capex IntensityCapex / Revenue
7.3%
Cash ConversionOCF / Net Profit
63.60×
3.17×
TTM Free Cash FlowTrailing 4 quarters
$256.0M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
IFF
IFF
STX
STX
Q3 26
$2.4B
Q1 26
Q4 25
$318.0M
$532.0M
Q3 25
$164.0M
Q2 25
$241.0M
$508.0M
Q1 25
$127.0M
$259.0M
Q4 24
$368.0M
$221.0M
Q3 24
$366.0M
$95.0M
Free Cash Flow
IFF
IFF
STX
STX
Q3 26
$953.0M
Q1 26
Q4 25
$130.0M
$427.0M
Q3 25
$32.0M
Q2 25
$146.0M
$425.0M
Q1 25
$-52.0M
$216.0M
Q4 24
$208.0M
$150.0M
Q3 24
$263.0M
$27.0M
FCF Margin
IFF
IFF
STX
STX
Q3 26
30.6%
Q1 26
Q4 25
5.0%
16.2%
Q3 25
1.2%
Q2 25
5.3%
17.4%
Q1 25
-1.8%
10.0%
Q4 24
7.5%
6.5%
Q3 24
9.0%
1.2%
Capex Intensity
IFF
IFF
STX
STX
Q3 26
Q1 26
Q4 25
7.3%
4.0%
Q3 25
4.9%
Q2 25
3.4%
3.4%
Q1 25
6.3%
2.0%
Q4 24
5.8%
3.1%
Q3 24
3.5%
3.1%
Cash Conversion
IFF
IFF
STX
STX
Q3 26
3.17×
Q1 26
Q4 25
63.60×
0.97×
Q3 25
4.10×
Q2 25
0.39×
1.04×
Q1 25
0.76×
Q4 24
0.66×
Q3 24
6.20×
0.31×

Financial Flow Comparison

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

Revenue Breakdown by Segment

IFF
IFF

Food Ingredients$802.0M31%
Scent$610.0M24%
Other$589.0M23%
Taste$588.0M23%

STX
STX

Segment breakdown not available.

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