For Q1 FY2026 ended March 31, 2026, Icahn Enterprises reported revenue of $2.206 billion, up 18.2% year-over-year. Net loss was $459 million, widening 8.8% from the prior year. Cash and cash equivalents stood at $1.299 billion.
•Revenue increased 18.2% YoY to $2.206 billion.
•Net loss widened 8.8% YoY to $459 million.
•Cash balance was $1.299 billion at quarter end.
Informational summary based on SEC XBRL figures · generated by deepseek-v4-flash. Not investment advice.
Icahn Enterprises L.P., through its subsidiaries provides the investment, energy, automotive, food packaging, real estate, home fashion and pharma in the United States and globally.
The Investment segment invests its proprietary capital through various private investment funds it provides investment advisory, administrative, and back-office services to the investment funds. The Energy segment engages in refining and marketing petroleum in the form of gasoline, diesel, jet fuel, and distillates.
Its portfolio also includes renewable fuels business refines renewable feedstocks, such as soybean oil, corn oil, and related renewable feedstocks into renewable diesel and markets renewable products, and nitrogen fertilizer business produces and markets nitrogen fertilizers in the form of urea ammonium nitrate and ammonia.
The Automotive segment engages in repair and maintenance of automotive. Its portfolio also includes sale of installed parts or materials related to automotive services, and sale of automotive aftermarket parts and retailed merchandise.
The Food Packaging segment produces and sells cellulosic, fibrous, and plastic casings used to prepare and pack processed meat products. The Real Estate segment consists of investment properties, including land, retail, office, and industrial properties.
Its portfolio also includes development and sale of single-family homes, and the operations of a resort and two country clubs. The Home Fashion segment manufactures, sources, markets, distributes, and sells home fashion consumer products.
The Pharma segment offers pharmaceutical products and services; and develops approved therapies and product candidates. Incorporated in 1987, Icahn Enterprises L.P. is headquartered in Sunny Isles Beach, Florida.
Icahn Enterprises L.P. (IEP) is a diversified holding company that operates through multiple subsidiaries across various industries. Its Investment segment manages proprietary capital through private investment funds and provides advisory and back-office services. The Energy segment refines and markets petroleum products like gasoline, diesel, and jet fuel, and also produces renewable diesel from feedstocks such as soybean oil, as well as nitrogen fertilizers. The Automotive segment focuses on vehicle repair, maintenance, and the sale of aftermarket parts. The Food Packaging segment manufactures casings for processed meats. Additionally, IEP has a Real Estate segment that includes land, retail, office, and industrial properties, along with residential development and resort operations. The Home Fashion segment produces and sells home decor products, and the Pharma segment engages in pharmaceuticals. This broad portfolio allows IEP to generate revenue from diverse sources.
Where is Icahn Enterprises L.P. (IEP) listed and what currency does it trade in?
Icahn Enterprises L.P. (IEP) is listed on the Nasdaq Global Select Market (NasdaqGS) under the ticker symbol IEP. The company trades in U.S. dollars (USD), which is the official currency of the United States where it is headquartered. As a publicly traded partnership, IEP's shares are available for purchase by investors on this major U.S. exchange, providing liquidity and market exposure.
What sector and industry does Icahn Enterprises L.P. (IEP) operate in?
Icahn Enterprises L.P. (IEP) is classified under the Energy sector, specifically within the Oil & Gas Refining & Marketing industry. This classification primarily reflects its Energy segment, which refines crude oil into petroleum products such as gasoline, diesel, and jet fuel, and markets them globally. However, IEP is a diversified holding company with operations in multiple other industries, including investment management, automotive services, food packaging, real estate, home fashion, and pharmaceuticals. The Energy sector designation captures its largest revenue-generating activities, but the company's overall business model spans far beyond traditional energy.
In which countries does Icahn Enterprises L.P. (IEP) operate?
Icahn Enterprises L.P. (IEP) operates in the United States and globally. The company's headquarters is in the United States, and its diverse subsidiaries conduct business across multiple regions. For instance, the Energy segment refines and markets petroleum products both domestically and internationally. The Automotive segment provides repair and maintenance services and sells aftermarket parts in the U.S. and possibly other markets. The Food Packaging segment produces casings for processed meats sold worldwide. The Real Estate segment holds properties in the U.S., and the Home Fashion and Pharma segments also serve global markets. While the summary does not specify exact countries beyond the U.S., it indicates a global reach for many of its operations.
How does Icahn Enterprises L.P. (IEP) generate revenue through its business model?
Icahn Enterprises L.P. (IEP) generates revenue through a diversified business model comprising seven segments. The Investment segment earns fees from managing proprietary capital and providing advisory services to investment funds. The Energy segment profits from refining crude oil into petroleum products and selling them, as well as from producing renewable diesel and nitrogen fertilizers. The Automotive segment generates income from vehicle repair and maintenance services, plus sales of installed parts and aftermarket merchandise. The Food Packaging segment sells cellulosic, fibrous, and plastic casings to meat processors. The Real Estate segment earns from leasing properties, developing and selling single-family homes, and operating a resort and country clubs. The Home Fashion segment manufactures and sells home decor products, while the Pharma segment contributes through pharmaceutical operations. This multi-industry approach spreads risk and provides multiple income streams.