Highlights

  • Third quarter net sales were USD 429.5 million, level with USD 429.6 million, and gross Margin rose to USD 288.2 million from USD 272.8 million.
  • Income from operations rose to USD 117.9 million from USD 108.6 million, and Diluted Earnings per Share rose to USD 2.13 from USD 2.05.
  • Net cash provided by Operating Activities for the nine months rose to USD 102.3 million from USD 68.4 million.
  • Management received the remaining balance of USD 17.6 million in IEEPA Tariff refunds in July 2026.

Interparfums, Inc. (NASDAQ:IPAR) shares were trading near their 52-week high at USD 135.55 on November 6, 2026, up 0.20%. The fragrance company filed its third quarter 2026 Form 10-Q on November 4 with higher gross margin and earnings per share on flat net sales.

Interparfums is a Delaware corporation headquartered at 551 Fifth Avenue in New York. It manufactures, markets and distributes a wide array of prestige fragrances and fragrance related products, and it manages its Business in two segments, European based operations and United States based operations. Interparfums has a market Capitalization of USD 4.34 billion and a price to earnings ratio of 25.92. Its fiscal year ends December 31.

Third Quarter Results

Net sales were USD 429.5 million against USD 429.6 million. Cost of sales fell to USD 141.3 million from USD 156.8 million, and gross margin rose to USD 288.2 million from USD 272.8 million. Selling, general and administrative expenses rose to USD 170.3 million from USD 164.3 million. Income from operations was USD 117.9 million against USD 108.6 million.

Income before income taxes was USD 117.5 million against USD 107.6 million, and income taxes were USD 29.3 million against USD 24.3 million. Net Income was USD 88.2 million against USD 83.3 million. Net income attributable to noncontrolling interests was USD 20.0 million against USD 17.5 million, which left net income attributable to Interparfums, Inc. common shareholders of USD 68.2 million against USD 65.8 million. Basic Earnings Per Share were USD 2.13 against USD 2.05, and diluted earnings per share were USD 2.13 against USD 2.05.

Nine Month Results

Net sales for the nine months were USD 1,115.4 million against USD 1,102.3 million, and gross margin rose to USD 736.4 million from USD 709.9 million. Selling, general and administrative expenses were USD 495.4 million against USD 467.1 million. Income from operations was USD 240.9 million against USD 242.8 million.

Net income was USD 181.8 million against USD 179.9 million, and net income attributable to Interparfums, Inc. common shareholders was USD 142.1 million against USD 140.3 million. Diluted earnings per share were USD 4.43 against USD 4.36.

Balance Sheet and Capital Allocation

Cash and cash equivalents were USD 131.9 million against USD 158.1 million at the end of 2025. Total Assets were USD 1,576.4 million, total liabilities were USD 473.8 million, and total Equity was USD 1,102.6 million against USD 1,104.0 million. Net cash provided by operating activities was USD 102.3 million against USD 68.4 million.

Management said the company has flexibility to evaluate repurchases of Interparfums, Inc. shares, Interparfums SA shares or both, depending on market conditions, liquidity, relative valuation and other business priorities.

Outlook

Management received the remaining balance of USD 17.6 million in IEEPA tariff refunds in July 2026, and the funds benefit the third and fourth quarters. For the full year, management expects gross margin to improve by 150 basis points.