v3.26.1
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Millions, $ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2026
Jun. 30, 2025
Jun. 30, 2026
Jun. 30, 2025
Revenues:        
Net sales $ 3,081 $ 2,143 $ 5,392 $ 4,145
Other revenues from operations 175 172 336 340
Net loss from investment activities (334) (74) (636) (468)
Interest and dividend income 49 69 96 152
(Loss) gain on disposition of assets, net (1) 47 (3) 44
Other income (loss), net 5 12 (4) 23
Total Revenues 2,975 2,369 5,181 4,236
Expenses:        
Cost of goods sold 2,883 2,118 5,223 4,134
Other expenses from operations 147 154 288 305
Selling, general and administrative 203 207 412 408
Dividend expense 5 7 10 15
Impairment   2   12
Restructuring, net 2 (2) 2 5
Interest expense 121 129 244 257
Total Expenses 3,361 2,615 6,179 5,136
Loss before income tax expense (386) (246) (998) (900)
Income tax (expense) benefit (2) 45 47 119
Net loss (388) (201) (951) (781)
Less: net loss attributable to non-controlling interests (33) (36) (137) (194)
Net loss attributable to Icahn Enterprises (355) (165) (814) (587)
Net loss attributable to Icahn Enterprises allocated to:        
Limited partners (348) (162) (798) (576)
General partner (7) (3) (16) (11)
Net loss attributable to Icahn Enterprises $ (355) $ (165) $ (814) $ (587)
Basic loss per LP unit:        
Basic loss per LP unit (in dollars per share) $ (0.52) $ (0.3) $ (1.22) $ (1.08)
Basic weighted average LP units outstanding (in shares) 669 545 653 534
Diluted loss per LP unit        
Diluted loss per LP unit (in dollars per share) $ (0.52) $ (0.3) $ (1.22) $ (1.08)
Diluted weighted average LP units outstanding (in shares) 669 545 653 534
Distributions declared per LP unit (in dollars per share) $ 0.5 $ 0.5 $ 1 $ 1