Filing Flows › Icahn Enterprises L.P. (IEP) › Q3 2026
Icahn Enterprises L.P. (IEP) Q3 2026 earnings results (third quarter 2026)
10-Q filed Nov 4, 2026
Icahn Enterprises L.P. (IEP) reported revenue of $3.2B for the third quarter 2026 (Q3 2026), +16% from a year earlier and +7% from the quarter before. Operating margin was -3.6%, net loss $227M (7.2% of revenue).
Icahn Enterprises L.P., Q3 2026: revenue $3.2B (+16% year over year), operating margin -3.6%, net loss $227M, operating cash flow $216M. The chart follows the revenue to costs, profit and cash.
| Q3 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $3.2B | +7% | +16% |
| Operating profit | −$114M | — | -121% |
| Net earnings | −$227M | — | -179% |
| Operating cash flow | $216M | +86% | 14× |
| Free cash flow | $116M | +222% | — |
What changed
Revenue was $3.2B in Q3 2026, up 16% year over year and up 7% from the previous quarter.
Operating costs exceeded revenue by $0.11B, an operating margin of -3.6%. Total costs grew 50% against revenue growth of 16%. The fastest-growing cost line was Other operating costs (+58%). The quarter ended with a net loss of $0.23B, narrower than the previous quarter's $0.39B loss.
Operating cash flow was $0.22B (up 1340% year over year). Non-cash charges added back $0.11B of depreciation and amortization. Working capital and other items added $0.33B. Capital expenditures of $0.10B left free cash flow of $0.12B.
Questions
What was Icahn Enterprises L.P.'s revenue in the third quarter 2026?
Icahn Enterprises L.P.
Was Icahn Enterprises L.P. profitable in the third quarter 2026?
Operating loss was $114M (-3.6% of revenue) and net loss $227M.