secwatch.observer — SEC 8-K summary ====================================== Issuer: ICAHN ENTERPRISES L.P. (IEP) CIK: 0000813762 Form: 8-K Filed at: 2026-02-25T23:59:59+00:00 Accession: 0001104659-26-019412 Event type: earnings Sentiment: positive Materiality: 0.70 Item codes: 2.02, 9.01 LLM model: deepseek-v4-flash:cloud@v2 Icahn Enterprises Q4 net income $1M vs loss $98M; Adj EBITDA $281M vs $16M; NAV down $654M on CVI drop -------------------------------------------------------------------------------- - Q4 2025 net income $1M ($0/unit) vs net loss $98M ($0.19/unit loss) in Q4 2024. - Q4 2025 Adjusted EBITDA $281M vs $16M in Q4 2024. - Full year 2025 revenues $9.7B, net loss $299M ($0.52/unit loss) vs 2024 revenues $10.0B, net loss $445M ($0.94/unit loss). - Declared quarterly distribution $0.50/unit, payable April 15, 2026 to record March 9, 2026. - Indicative NAV $3.2B at Dec 31, 2025, down $654M from Sep 30, 2025 driven by $778M decrease in CVI long position. Source: EDGAR index: https://www.sec.gov/Archives/edgar/data/813762/000110465926019412/0001104659-26-019412-index.htm Primary doc: https://www.sec.gov/Archives/edgar/data/813762/000110465926019412/tm267264d1_8k.htm HTML page: https://secwatch.observer/filing/0001104659-26-019412 License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer