Icahn Enterprises L.P. (Nasdaq: IEP) Today Announced Its Third Quarter 2026 Financial Results
Icahn Enterprises reported Q3 2026 revenues of $3.2 billion and a net loss of $225 million, or $0.31 per depositary unit, swinging from $287 million net income ($0.49/unit) a year ago. The loss was driven by $522 million of refining-hedge losses in the Investment Funds, while Adjusted EBITDA was a $214 million loss versus +$75 million last year. Indicative NAV nonetheless rose $865 million quarter-over-quarter to $3.5 billion, largely on a ~$1.7 billion gain in the CVI stake. The board declared the 86th consecutive quarterly distribution of $0.50 per unit, payable around December 23, 2026.
Key figures
- Revenue
- 3200000000
- Revenue Yoy
- 18.5%
- Cvi value
- 4200000000
- Indicative nav
- 3467000000
- Nav increase qoq
- 865000000
- Nine month revenue
- 8400000000
- Cvi acquisition price
- 4200000000
- Distribution per unit
- $0.50
- Net income prior year q3
- 287000000
- Refining hedge losses q3
- 522000000
- Adjusted ebitda prior year q3
- 75000000
AI analysis
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