# Icahn Enterprises L.P.: overview

IEP · Nasdaq · CIK 813762 · [Energy](/sectors/energy.md) · fiscal year ends Dec 31

Pages: [Overview](/companies/iep.md) · [Financials](/companies/iep/financials.md) · [Filings](/companies/iep/filings.md) · [Insiders](/companies/iep/insiders.md)

Latest reported revenue: [$2.98bn](/filings/0001104659-26-090605.md) for Q2 FY2026, three months to 2026-06-30, from the 10-Q filed Aug 5, 2026 (XBRL us-gaap:Revenues, accession 0001104659-26-090605).

## Last eight quarters

| Line item | Unit | Q3 FY2024 (2024-09-30) | Q4 FY2024 (2024-12-31) | Q1 FY2025 (2025-03-31) | Q2 FY2025 (2025-06-30) | Q3 FY2025 (2025-09-30) | Q4 FY2025 (2025-12-31) | Q1 FY2026 (2026-03-31) | Q2 FY2026 (2026-06-30) |
| --- | --- | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: |
| Revenue | $m | [2,791](/filings/0001104659-25-107057.md) | [2,558 d](/filings/0001104659-26-019821.md) | [1,867](/filings/0001104659-26-056376.md) | [2,369](/filings/0001104659-26-090605.md) | [2,725](/filings/0001104659-25-107057.md) | [2,697 d](/filings/0001104659-26-019821.md) | [2,206](/filings/0001104659-26-056376.md) | [2,975](/filings/0001104659-26-090605.md) |
| Gross margin | % | not reported | not reported | not reported | not reported | not reported | not reported | not reported | not reported |
| Operating margin | % | not reported | not reported | not reported | not reported | not reported | not reported | not reported | not reported |
| Net margin | % | [0.8%](/filings/0001104659-25-107057.md) | [(3.8%) d](/filings/0001104659-26-019821.md) | [(22.6%)](/filings/0001104659-26-056376.md) | [(7.0%)](/filings/0001104659-26-090605.md) | [10.5%](/filings/0001104659-25-107057.md) | [0.0% d](/filings/0001104659-26-019821.md) | [(20.8%)](/filings/0001104659-26-056376.md) | [(11.9%)](/filings/0001104659-26-090605.md) |
| Diluted EPS | $ per share | not reported | not reported | not reported | not reported | not reported | not reported | not reported | not reported |
| Free cash flow | $m | [(112) d](/filings/0001104659-25-107057.md) | [156 d](/filings/0001104659-26-019821.md) | [(270)](/filings/0001104659-26-056376.md) | [179 d](/filings/0001104659-26-090605.md) | [(67.0) d](/filings/0001104659-25-107057.md) | [(496) d](/filings/0001104659-26-019821.md) | [283](/filings/0001104659-26-056376.md) | [36.0 d](/filings/0001104659-26-090605.md) |

- Revenue. XBRL Revenue: us-gaap:Revenues. Derived values: 12-month figure less the 9-month figure.
- Gross margin (gross profit / revenue). XBRL Revenue: us-gaap:Revenues. Derived values: 12-month figure less the 9-month figure.
- Operating margin (operating income / revenue). XBRL Revenue: us-gaap:Revenues. Derived values: 12-month figure less the 9-month figure.
- Net margin (net income / revenue). XBRL Net income: us-gaap:NetIncomeLoss; Revenue: us-gaap:Revenues. Derived values: 12-month figure less the 9-month figure.
- Diluted EPS. XBRL not reported.
- Free cash flow (operating cash flow − capital expenditure). XBRL Operating cash flow: us-gaap:NetCashProvidedByUsedInOperatingActivities; Capital expenditure: us-gaap:PaymentsToAcquirePropertyPlantAndEquipment. Derived values: 9-month figure less the 6-month figure; 12-month figure less the 9-month figure; 6-month figure less the 3-month figure.

## Last five fiscal years

| Line item | Unit | FY2021 (2021-12-31) | FY2022 (2022-12-31) | FY2023 (2023-12-31) | FY2024 (2024-12-31) | FY2025 (2025-12-31) |
| --- | --- | ---: | ---: | ---: | ---: | ---: |
| Revenue | $bn | [11.3](/filings/0001558370-24-002090.md) | [14.2](/filings/0001558370-25-001612.md) | [10.9](/filings/0001104659-26-019821.md) | [10.0](/filings/0001104659-26-019821.md) | [9.7](/filings/0001104659-26-019821.md) |
| Gross margin | % | not reported | not reported | not reported | not reported | not reported |
| Operating margin | % | not reported | not reported | not reported | not reported | not reported |
| Net margin | % | [(4.6%)](/filings/0001558370-24-002090.md) | [(1.3%)](/filings/0001558370-25-001612.md) | [(6.3%)](/filings/0001104659-26-019821.md) | [(4.4%)](/filings/0001104659-26-019821.md) | [(3.1%)](/filings/0001104659-26-019821.md) |
| Diluted EPS | $ per share | not reported | not reported | not reported | not reported | not reported |
| Free cash flow | $bn | [0.0](/filings/0001558370-24-002090.md) | [0.7](/filings/0001558370-25-001612.md) | [3.4](/filings/0001104659-26-019821.md) | [0.6](/filings/0001104659-26-019821.md) | [(0.7)](/filings/0001104659-26-019821.md) |

- Revenue. XBRL Revenue: us-gaap:Revenues.
- Gross margin (gross profit / revenue). XBRL Revenue: us-gaap:Revenues.
- Operating margin (operating income / revenue). XBRL Revenue: us-gaap:Revenues.
- Net margin (net income / revenue). XBRL Net income: us-gaap:NetIncomeLoss; Revenue: us-gaap:Revenues.
- Diluted EPS. XBRL not reported.
- Free cash flow (operating cash flow − capital expenditure). XBRL Operating cash flow: us-gaap:NetCashProvidedByUsedInOperatingActivities; Capital expenditure: us-gaap:PaymentsToAcquirePropertyPlantAndEquipment.

Each value links to the filing it came from. d marks a derived value. A ratio is not reported when any input is missing.

## Insider purchases and sales

The last 20 open-market transactions on Form 4 (codes P and S). Reported price is as stated on the form, not a market price. [All insider transactions](/companies/iep/insiders.md)

None in coverage.

## Funds that report holding it

From each manager’s latest Form 13F, largest reported value first. Reported value is as filed: filing data, not a price. [All funds](/funds.md)

| Fund | Quarter ended | Reported value | Shares | Put or call | Change on the quarter before |
| --- | --- | ---: | ---: | --- | --- |
| [ICAHN CARL C](/funds/921669.md) | 2026-06-30 | $4.46bn | 618,393,343 |  | Added +68,992,804 |
| [MORGAN STANLEY](/funds/895421.md) | 2026-06-30 | $37.9m | 5,258,581 |  | Reduced −414,341 |
| [SUSQUEHANNA INTERNATIONAL GROUP, LLP](/funds/1446194.md) | 2026-06-30 | $11.5m | 1,593,400 | Put | Added +507,400 |
| [HBK INVESTMENTS L P](/funds/1011443.md) | 2026-06-30 | $6.8m | 944,500 | Put | Added +100,000 |
| [FIRST TRUST ADVISORS LP](/funds/1125816.md) | 2026-06-30 | $6.4m | 885,108 |  | Added +81,099 |
| [SUSQUEHANNA INTERNATIONAL GROUP, LLP](/funds/1446194.md) | 2026-06-30 | $5.6m | 775,176 |  | Added +33,795 |
| [SUSQUEHANNA INTERNATIONAL GROUP, LLP](/funds/1446194.md) | 2026-06-30 | $5.2m | 718,100 | Call | Reduced −142,300 |
| [Soviero Asset Management, LP](/funds/1755622.md) | 2026-06-30 | $5.0m | 700,000 |  | Added +250,000 |
| [GEODE CAPITAL MANAGEMENT, LLC](/funds/1214717.md) | 2026-06-30 | $4.0m | 553,376 |  | Reduced −27,747 |
| [GROUP ONE TRADING LLC](/funds/932540.md) | 2026-06-30 | $2.9m | 408,446 |  | Added +324,248 |

## Recent filings

[All 833 filings](/companies/iep/filings.md)

| Filed | Accepted | Form | What it is | Accession |
| --- | --- | --- | --- | --- |
| 2026-09-25 | 16:45 ET | [SCHEDULE 13D/A](/filings/0001539497-26-002605.md) | Ownership report, active investor, amended | 0001539497-26-002605 |
| 2026-08-20 | 16:58 ET | [8-K](/filings/0001104659-26-099264.md) | 7.01 Regulation FD disclosure; 8.01 Other events; 9.01 Financial statements and exhibits | 0001104659-26-099264 |
| 2026-08-07 | 17:11 ET | [8-K](/filings/0001104659-26-092784.md) | 7.01 Regulation FD disclosure; 9.01 Financial statements and exhibits | 0001104659-26-092784 |
| 2026-08-05 | 08:00 ET | [8-K](/filings/0001104659-26-090743.md) | 2.02 Results of operations; 9.01 Financial statements and exhibits | 0001104659-26-090743 |
| 2026-08-05 | 20:51 ET | [10-Q](/filings/0001104659-26-090605.md) | Quarterly report, period 2026-06-30 | 0001104659-26-090605 |
| 2026-07-21 | 08:29 ET | [8-K](/filings/0001104659-26-085237.md) | 1.01 Entry into a material agreement; 7.01 Regulation FD disclosure; 9.01 Financial statements and exhibits | 0001104659-26-085237 |
| 2026-06-29 | 21:00 ET | [SCHEDULE 13D/A](/filings/0001539497-26-001890.md) | Ownership report, active investor, amended | 0001539497-26-001890 |
| 2026-05-11 | 19:15 ET | [8-K](/filings/0001104659-26-058108.md) | 7.01 Regulation FD disclosure; 9.01 Financial statements and exhibits | 0001104659-26-058108 |
| 2026-05-06 | 17:21 ET | [10-Q](/filings/0001104659-26-056376.md) | Quarterly report, period 2026-03-31 | 0001104659-26-056376 |
| 2026-05-06 | 08:00 ET | [8-K](/filings/0001104659-26-055925.md) | 2.02 Results of operations; 9.01 Financial statements and exhibits | 0001104659-26-055925 |

## Latest annual report

[Form 10-K for the fiscal year ended Dec 31, 2025](/filings/0001104659-26-019821.md), filed Feb 26, 2026.

## Forecast league

Q3 FY2026, the quarter ended 2026-09-30, is open for forecasts until the first results filing for it is accepted by EDGAR. Results are due by \[object Promise\]. [Forecast this quarter](/leagues/2026q3/targets/5ef29d45-c2e4-4762-94f8-316192237e06)

## About the filer

- CIK: 813762
- Tickers: IEP
- Exchange: Nasdaq
- SIC code: 2911 Petroleum Refining
- State of incorporation: DE
- Filer category: Large accelerated filer

Source: SEC EDGAR, XBRL company facts, the filing index and Forms 4. Last ingested by Listed: Oct 24, 2026, 15:25 ET. No prices; not investment advice.