Interparfums Inc (IPAR) financial statements: income statement, balance sheet and cash flow
Interparfums Inc's income statement, balance sheet and cash flow statement as filed with the SEC (10-K and 10-Q), with the latest fiscal years and quarters. In its latest fiscal year (Dec 31, 2025 · FY), Interparfums Inc reported revenue of $1.5B (+2.5% year on year) and net income of $208.1M (+2.3% year on year).
Income statement
Interparfums Inc income statement, fiscal years
Line item
Dec 31, 2025 · FY
Dec 31, 2024 · FY
Dec 31, 2023 · FY
Dec 31, 2022 · FY
Net sales
$1.5B
$1.5B
$1.3B
$1.1B
Cost of sales
$541.3M
$525.0M
$478.6M
$392.2M
Gross margin
$947.2M
$927.3M
$839.1M
$694.4M
Selling, general, and administrative expenses
$676.9M
$648.5M
$587.7M
$492.4M
Impairment loss
$0
$4.0M
—
—
Income from operations
$270.3M
$274.8M
$251.4M
$194.3M
Interest expense
$7.2M
$7.8M
$11.3M
$3.6M
Loss on foreign currency
$4.8M
$1.1M
$1.6M
$1.9M
Interest and investment income
($3.9M)
($2.2M)
($10.7M)
($5.5M)
Other income
($9.2M)
($287.0K)
—
—
Nonoperating Income (Expense)
($1.0M)
$6.4M
$1.8M
$83.0K
Income before income taxes
$271.3M
$268.4M
$249.6M
$194.2M
Income taxes
$63.2M
$65.0M
$61.8M
$43.2M
Net income
$208.1M
$203.4M
$187.8M
$151.0M
Less: Net income attributable to the noncontrolling interest
$39.8M
$39.1M
$35.1M
$30.1M
Net income attributable to Interparfums, Inc.
$168.4M
$164.4M
$152.7M
$120.9M
Basic (in dollars per share)
$5.25
$5.13
$4.77
$3.80
Diluted (in dollars per share)
$5.24
$5.12
$4.75
$3.78
Basic (in shares)
32.1M
32.0M
32.0M
31.9M
Diluted (in shares)
32.1M
32.1M
32.1M
32.0M
Dividends declared per share
$3.20
$3.00
$2.50
$2.00
Interparfums Inc income statement, quarters
Line item
Jun 30, 2026 · Q2
Mar 31, 2026 · Q1
Sep 30, 2025 · Q3
Jun 30, 2025 · Q2
Net sales
$341.0M
$344.9M
$429.6M
$333.9M
Cost of sales
$117.5M
$120.2M
$156.8M
$112.8M
Gross margin
$223.5M
$224.6M
$272.8M
$221.1M
Selling, general and administrative expenses
$174.6M
$150.5M
$164.3M
$161.9M
Income from operations
$48.9M
$74.1M
$108.6M
$59.2M
Interest expense
$1.5M
$1.4M
$2.3M
$1.8M
Loss on foreign currency
$67.0K
$102.0K
$2.2M
$1.6M
Interest and investment (income) loss
($690.0K)
($2.3M)
($2.5M)
$1.9M
Other income
($139.0K)
($290.0K)
($978.0K)
($245.0K)
Income before income taxes
$48.2M
$75.2M
$107.6M
$54.1M
Income taxes
$11.4M
$18.5M
$24.3M
$12.9M
Net income
$36.9M
$56.7M
$83.3M
$41.2M
Less: Net income attributable to the noncontrolling interest
$6.4M
$13.3M
$17.5M
$9.2M
Net income attributable to Interparfums, Inc. common shareholders
$30.5M
$43.4M
$65.8M
$32.0M
Basic (in dollars per share)
$0.95
$1.35
$2.05
$1.00
Diluted (in dollars per share)
$0.95
$1.35
$2.05
$0.99
Basic (in shares)
32.0M
32.0M
32.1M
32.1M
Diluted (in shares)
32.0M
32.0M
32.1M
32.1M
Dividends declared per share (in dollars per share)
$0.80
$0.80
$0.80
$0.80
Balance sheet
Interparfums Inc balance sheet, fiscal years
Line item
Dec 31, 2025 · FY
Dec 31, 2024 · FY
Dec 31, 2023 · FY
Dec 31, 2022 · FY
Cash and cash equivalents
$158.1M
$125.4M
$88.5M
$104.7M
Short-term investments
$137.1M
$109.3M
$94.3M
$150.8M
Accounts receivable, net
$320.6M
$274.7M
$247.2M
$197.6M
Inventories
$351.4M
$371.9M
$371.9M
$290.0M
Receivables, other
$9.0M
$6.1M
$7.0M
$28.8M
Other current assets - As Revised, See Note 1
$40.0M
$27.0M
$29.5M
$15.7M
Income taxes receivable
$11.2M
$306.0K
$691.0K
$157.0K
Total current assets
$1.0B
$914.8M
$839.0M
$787.7M
Property, equipment and leasehold improvements, net
$184.9M
$153.8M
$169.2M
$166.7M
Right-of-use assets, net
$23.3M
$24.6M
$28.6M
$28.0M
Trademarks, licenses and other intangible assets, net
$325.2M
$282.5M
$296.4M
$290.9M
Deferred tax assets - As Revised, See Note 1
$4.2M
$17.0M
$14.5M
$11.2M
Other assets
$20.2M
$18.5M
$21.6M
$24.1M
Total assets
$1.6B
$1.4B
$1.4B
$1.3B
Loans payable - banks
$9.4M
$8.3M
$4.4M
—
Current portion of long-term debt
$54.8M
$41.6M
$29.6M
$28.5M
Current portion of lease liabilities
$6.3M
$6.1M
$6.0M
$5.3M
Accounts payable - trade
$77.2M
$91.0M
$97.4M
$88.4M
Accrued expenses
$189.6M
$172.8M
$178.9M
$213.6M
Income taxes payable
$6.7M
$12.6M
$8.5M
—
Total current liabilities
$344.0M
$332.4M
$324.7M
$344.6M
Long–term debt, less current portion
$121.3M
$115.7M
$127.9M
$151.5M
Lease liabilities, less current portion
$16.0M
$20.5M
$24.5M
$24.3M
Preferred stock, $0.001 par value. Authorized 1,000,000 shares: none issued
0
0
—
—
Common stock, $0.001 par value. Authorized 100,000,000 shares: outstanding, 32,067,285 and 32,110,170 shares on December 31, 2025, and 2024, respectively
32.0K
32.0K
32.0K
32.0K
Additional paid-in capital
$127.5M
$106.7M
$98.6M
$90.2M
Retained earnings
$828.9M
$763.2M
$693.8M
$620.1M
Accumulated other comprehensive loss
($9.0M)
($72.2M)
($40.2M)
($56.1M)
Treasury stock, at cost, 9,032,840 and 9,981,665 common shares on December 31, 2025, and 2024, respectively
-66.7M
-52.9M
-52.9M
-37.5M
Total Interparfums, Inc. shareholders’ equity
$880.7M
$744.9M
$699.4M
$616.8M
Noncontrolling interest
$223.3M
$197.8M
$192.8M
$171.4M
Total equity
$1.1B
$942.6M
$892.2M
$788.1M
Total liabilities and equity
$1.6B
$1.4B
$1.4B
$1.3B
Interparfums Inc balance sheet, quarters
Line item
Jun 30, 2026
Mar 31, 2026
Sep 30, 2025
Jun 30, 2025
Cash and cash equivalents
$169.7M
$79.9M
$110.4M
$151.5M
Short-term investments
$41.6M
$157.2M
$77.5M
$53.9M
Accounts receivable, net allowances of $8,412 and $7,224, respectively
$301.8M
$332.7M
$363.6M
$296.0M
Inventories
$375.6M
$369.6M
$388.3M
$425.3M
Receivables, other
$9.0M
$5.9M
$10.4M
$8.1M
Other current assets
$49.5M
$44.7M
$40.6M
$50.1M
Income taxes receivable
$3.8M
$7.8M
$0
$2.0M
Total current assets
$951.0M
$997.8M
$990.7M
$987.0M
Property, equipment and leasehold improvements, net
$176.2M
$179.4M
$186.2M
$185.4M
Right-of-use assets, net
$20.7M
$22.2M
$24.6M
$23.3M
Trademarks, licenses and other intangible assets, net
Common stock, $.001 par; authorized 100,000,000 shares; issued 41,104,625 and 41,100,125 and outstanding 32,025,781 and 32,067,285 shares at June 30, 2026 and December 31, 2025, respectively
32.0K
32.0K
32.0K
32.0K
Additional paid-in capital
$127.7M
$127.5M
$109.0M
$108.8M
Retained earnings
$838.6M
$846.6M
$827.0M
$787.0M
Accumulated other comprehensive loss
($25.1M)
($21.9M)
($4.8M)
($1.6M)
Treasury stock, at cost, 9,078,844 and 9,032,840 shares at June 30, 2026 and December 31, 2025, respectively
-70.7M
-70.7M
-60.3M
-54.9M
Total Interparfums, Inc. shareholders’ equity
$870.5M
$881.6M
$870.9M
$839.4M
Noncontrolling interest
$220.2M
$230.9M
$233.6M
$217.4M
Total equity
$1.1B
$1.1B
$1.1B
$1.1B
Total liabilities and equity
$1.5B
$1.5B
$1.6B
$1.6B
Cash flow statement
Interparfums Inc cash flow statement, fiscal years
Line item
Dec 31, 2025 · FY
Dec 31, 2024 · FY
Dec 31, 2023 · FY
Dec 31, 2022 · FY
Net income
$208.1M
$203.4M
$187.8M
$151.0M
Depreciation and amortization including impairment loss
$25.3M
$28.4M
$17.3M
$22.5M
Provision for doubtful accounts
$1.8M
$618.0K
($1.7M)
$2.4M
Noncash stock compensation
$1.6M
$2.4M
$2.5M
$3.1M
Share of income of equity investment
($939.0K)
($460.0K)
($317.0K)
$49.0K
Noncash lease expense
$6.7M
$6.3M
—
—
Gain on debt extinguishment
($7.6M)
—
—
—
Deferred tax benefit - As Revised, See Note 1
$1.7M
($3.4M)
($3.0M)
($3.6M)
Change in fair value of derivatives
($963.0K)
$93.0K
($301.0K)
$227.0K
Accounts receivable
($22.1M)
($41.3M)
($36.8M)
($59.6M)
Inventories
$55.2M
($17.2M)
($73.7M)
($98.3M)
Other assets - As Revised, See Note 1
$3.2M
$5.4M
$11.9M
($13.7M)
Operating lease liabilities
($7.0M)
($6.1M)
($5.3M)
($4.8M)
Accounts payable and accrued expenses
($32.0M)
$4.9M
$3.1M
$106.9M
Income taxes, net
($18.0M)
$4.6M
($1.1M)
$4.0M
Net cash provided by operating activities
$214.9M
$187.6M
$105.8M
$115.2M
Purchases of short-term investments
($162.2M)
($206.2M)
($221.1M)
($1.0M)
Proceeds from sale of short-term investments
$149.2M
$183.7M
—
—
Purchase of property, equipment and leasehold improvements
($24.4M)
($4.7M)
($6.5M)
($33.8M)
Payment for intangible assets acquired
($23.8M)
($17.6M)
($46.9M)
($98.9M)
Net cash (used in) provided by investing activities
($61.1M)
($44.8M)
$7.3M
($132.8M)
Proceeds from loans payable, bank
$0
$4.3M
—
—
Proceeds from issuance of long-term debt
$56.5M
$43.3M
—
$52.5M
Repayment of long-term debt
($50.3M)
($34.7M)
($28.8M)
($19.9M)
Proceeds from exercise of options
$7.6M
$7.0M
$8.0M
$6.0M
Purchase of subsidiary shares from noncontrolling interests
-1.5M
0
-1.0M
-4.4M
Dividends paid
($102.7M)
($96.0M)
($80.0M)
($63.7M)
Dividends paid to noncontrolling interests
($26.9M)
($24.7M)
($20.3M)
($16.1M)
Purchase of treasury stock
($13.9M)
$0
($15.4M)
—
Net cash used in financing activities
($131.3M)
($100.8M)
($133.2M)
($45.6M)
Effect of exchange rate changes on cash
$10.2M
($5.1M)
$3.9M
($493.0K)
Net increase (decrease) in cash and cash equivalents
$32.7M
$37.0M
($16.3M)
($63.7M)
Cash and cash equivalents – beginning of year
$125.4M
$88.5M
$104.7M
$168.4M
Cash and cash equivalents – end of year
$158.1M
$125.4M
$88.5M
$104.7M
Interest
$6.7M
$7.5M
$5.8M
$3.0M
Income taxes
$77.7M
$63.2M
$61.0M
$38.5M
Interparfums Inc cash flow statement, quarters
Line item
Jun 30, 2026 · YTD
Mar 31, 2026 · Q1
Sep 30, 2025 · YTD
Jun 30, 2025 · YTD
Net income
$93.6M
$56.7M
$179.9M
$96.6M
Depreciation and amortization
$11.6M
$5.8M
$18.8M
$12.3M
Provision for credit losses
$537.0K
$837.0K
$1.7M
$108.0K
Share-based compensation
$850.0K
$425.0K
$1.3M
$946.0K
Share of income of equity investment
($436.0K)
($290.0K)
($673.0K)
($410.0K)
Noncash lease expense
$3.0M
$1.6M
$4.8M
$4.0M
Deferred tax provision
($3.2M)
$1.4M
$3.5M
$5.8M
Change in fair value of derivatives
$933.0K
$889.0K
($7.1M)
($5.9M)
Accounts receivable
$10.7M
($18.8M)
($62.9M)
$3.6M
Inventories
($33.0M)
($24.4M)
$18.7M
($16.8M)
Other assets
($11.9M)
($3.9M)
($4.0M)
($5.6M)
Operating lease liabilities
($3.2M)
($1.7M)
($5.0M)
($4.2M)
Accounts payable and accrued expenses
($27.6M)
($23.9M)
($77.5M)
($74.0M)
Income taxes, net
$3.7M
$5.4M
($3.2M)
($11.9M)
Net cash provided by operating activities
$45.7M
$85.0K
$68.4M
$4.5M
Purchases of short-term investments
($116.6M)
($105.5M)
($93.2M)
($47.4M)
Proceeds from sale of short-term investments
$210.1M
$82.0M
$137.2M
$112.1M
Purchases of property, equipment and leasehold improvements
($2.4M)
($1.4M)
($22.9M)
($16.6M)
Payment for intangible assets acquired
($2.7M)
($1.8M)
($22.9M)
($23.9M)
Net cash provided by investing activities
$88.4M
($26.6M)
($1.8M)
$24.2M
Repayment of loans payable, bank
($6.4M)
—
—
—
Proceeds from loans payable, bank
$0
($4.7M)
$0
$35.2M
Proceeds from issuance of long-term debt
$0
—
$55.9M
$54.6M
Repayment of long-term debt
($28.5M)
($15.2M)
($37.0M)
($23.8M)
Proceeds from exercise of options
$280.0K
$280.0K
$2.1M
$2.1M
Dividends paid
($51.3M)
($25.6M)
($77.1M)
($51.4M)
Dividends paid to noncontrolling interest
($28.3M)
$0
($26.9M)
($26.9M)
Other financing activities
($479.0K)
—
—
—
Purchase of subsidiary shares from noncontrolling interests