ICAHN ENTERPRISES L.P. (IEP) Form 10-Q — Nov 3, 2026
Icahn Enterprises reported a Q3 2026 net loss attributable of $225 million ($0.31 per LP unit), a sharp reversal from $287 million of income ($0.49) in the year-ago quarter, driven by a $779 million net loss from investment activities as the Investment Funds returned (31.3)% for the quarter and (43.8)% for the nine months. The company booked a $165 million impairment on retained Pep Boys real estate following the August 20 sale to Mavis, which delivered $645 million of net proceeds and a $215 million pretax gain.
Key figures
- Revenue
- 3171
- Total Debt
- 6400000000
- Total Assets
- 11628
- Cash Position
- 2290
- Q3 2025 eps
- 0.49
- Am proceeds ytd
- 23000000
- Impairment charge
- 165000000
- Q3 2025 net income
- 411
- Pep boys base price
- 700000000
- Pep boys pretax gain
- 215000000
- Cvr acquisition value
- 4200000000
- Pep boys net proceeds
- 645000000
- Investment fund q3 return
- -31.3%
- Investment fund fair value
- 1400000000
- Iep equity commitment to cvr
- 500000000
- Distributions declared per unit
- $0.50 quarterly
- Investment fund nine month return
- -43.8%
AI analysis
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