Filing Flows › Icahn Enterprises L.P. (IEP) › Q2 2026 › vs Q2 2025
Icahn Enterprises L.P. (IEP) Q2 2026 vs Q2 2025 (year over year)
Icahn Enterprises L.P.'s revenue rose $606M (+26%) from $2.4B in Q2 2025 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 Q2 2025, the increases inside each band.
Margins
| Q2 2026 | Q2 2025 | Change | |
|---|---|---|---|
| Free cash flow margin | 1.2% | 7.6% | -6.3 pts |
Every line
| Line | Q2 2026 | Q2 2025 | Change | % |
|---|---|---|---|---|
| Revenue | $3.0B | $2.4B | $606M | +26% |
| Net loss | $388M | $201M | $187M | +93% |
| Costs & expenses | $3.4B | $2.6B | $748M | +29% |
| Operating costs | $3.4B | $2.6B | $746M | +29% |
| Income tax | $2.0M | −$45.0M | $47.0M | — |
| SG&A | $203M | $207M | −$4.0M | -2% |
| Other operating costs | $3.2B | $2.4B | $750M | +31% |
| Operating cash sources | $504M | $476M | $28.0M | +6% |
| Depreciation & amortization | $124M | $132M | −$8.0M | -6% |
| Working capital & other | $380M | $344M | $36.0M | +10% |
| Net loss absorbed | $388M | $201M | $187M | +93% |
| Operating cash flow | $116M | $275M | −$159M | -58% |
| Free cash flow (OCF − capex) | $36.0M | $179M | −$143M | -80% |
| Capital expenditures | $80.0M | $96.0M | −$16.0M | -17% |
Questions
How much did Icahn Enterprises L.P.'s revenue grow year over year in Q2 2026?
Icahn Enterprises L.P.'s revenue rose $606M (+26%) from $2.4B in Q2 2025 to $3.0B in Q2 2026.