Filing Flows › Icahn Enterprises L.P. (IEP) › Q2 2026 › vs Q1 2026
Icahn Enterprises L.P. (IEP) Q2 2026 vs Q1 2026 (quarter over quarter)
Icahn Enterprises L.P.'s revenue rose $769M (+35%) from $2.2B in Q1 2026 to $3.0B in Q2 2026.
Icahn Enterprises L.P., Q2 2026: revenue $3.0B (+26% year over year), operating margin -13.0%, net loss $388M, operating cash flow $116M. The chart draws each line against Q1 2026, the increases inside each band.
Margins
| Q2 2026 | Q1 2026 | Change | |
|---|---|---|---|
| Free cash flow margin | 1.2% | 12.8% | -11.6 pts |
Every line
| Line | Q2 2026 | Q1 2026 | Change | % |
|---|---|---|---|---|
| Revenue | $3.0B | $2.2B | $769M | +35% |
| Net loss | $388M | $563M | −$175M | -31% |
| Costs & expenses | $3.4B | $2.8B | $545M | +19% |
| Operating costs | $3.4B | $2.8B | $543M | +19% |
| Income tax | $2.0M | −$49.0M | $51.0M | — |
| SG&A | $203M | $209M | −$6.0M | -3% |
| Other operating costs | $3.2B | $2.6B | $549M | +21% |
| Operating cash sources | $504M | $960M | −$456M | -48% |
| Depreciation & amortization | $124M | $123M | $1.0M | +0.8% |
| Working capital & other | $380M | $837M | −$457M | -55% |
| Net loss absorbed | $388M | $563M | −$175M | -31% |
| Operating cash flow | $116M | $397M | −$281M | -71% |
| Free cash flow (OCF − capex) | $36.0M | $283M | −$247M | -87% |
| Capital expenditures | $80.0M | $114M | −$34.0M | -30% |
Questions
How much did Icahn Enterprises L.P.'s revenue grow quarter over quarter in Q2 2026?
Icahn Enterprises L.P.'s revenue rose $769M (+35%) from $2.2B in Q1 2026 to $3.0B in Q2 2026.