earnings
confidence high
sentiment negative
materiality 0.70
Icahn Enterprises Q1 2026 net loss $459M ($0.71/unit); revenue $2.2B; declares $0.50 distribution
ICAHN ENTERPRISES L.P.
- Revenue $2.2B (Q1 2025: $1.9B); net loss attributable to IEP $459M ($0.71/unit) vs loss $422M ($0.79/unit) YoY.
- Indicative NAV ~$3.4B at March 31, 2026, up $201M from Q4 2025; $605M gain in CVI position offset by $320M refining hedge losses.
- Investment segment positive $110M ex-hedges and CVI gains; Adjusted EBITDA loss $216M vs $228M prior year.
- Q1 distribution $0.50/depositary unit, payable June 25, 2026 to holders of record May 18, 2026.