Filing Flows › Icahn Enterprises L.P. (IEP) › Q2 2026
Icahn Enterprises L.P. (IEP) Q2 2026 earnings results (second quarter 2026)
10-Q filed Aug 5, 2026
Icahn Enterprises L.P. (IEP) reported revenue of $3.0B for the second quarter 2026 (Q2 2026), +26% from a year earlier and +35% from the quarter before. Operating margin was -13.0%, net loss $388M (13.0% of revenue).
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 follows the revenue to costs, profit and cash.
| Q2 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $3.0B | +35% | +26% |
| Operating profit | −$386M | — | — |
| Net earnings | −$388M | — | — |
| Operating cash flow | $116M | -71% | -58% |
| Free cash flow | $36.0M | -87% | -80% |
What changed
Revenue was $3.0B in Q2 2026, up 26% year over year and up 35% from the previous quarter.
Operating costs exceeded revenue by $0.39B, an operating margin of -13.0%. Total costs grew 29% against revenue growth of 26%. The fastest-growing cost line was Other operating costs (+31%). The quarter ended with a net loss of $0.39B, narrower than the previous quarter's $0.56B loss. Minority interests bore $0.03B of it: to shareholders the quarter was a loss of $0.35B.
Operating cash flow was $0.12B (down 58% year over year). Non-cash charges added back $0.12B of depreciation and amortization. Working capital and other items added $0.38B. Capital expenditures of $0.08B left free cash flow of $0.04B.
Questions
What was Icahn Enterprises L.P.'s revenue in the second quarter 2026?
Icahn Enterprises L.P.
Was Icahn Enterprises L.P. profitable in the second quarter 2026?
Operating loss was $386M (-13.0% of revenue) and net loss $388M.