IEP stock reports a USD 0.52 Q2 loss per unit

Published on 09/30/2026 at 07:34 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

IEP stock reported a USD 0.52 Q2 loss per unit, while revenue reached USD 2.98 billion against USD 2.05 billion consensus. NAV fell USD 765 million.

IEP, US4511001012, Illustration mit AI erstellt.

IEP stock reported a USD 0.52 loss per depositary unit for the second quarter of 2026, while revenue reached USD 2.98 billion. The result puts profitability and asset values at the center of the Icahn Enterprises story after the companys Q2 report dated August 5, 2026.

Revenue beat did not prevent loss

According to MarketBeat, Icahn Enterprises generated USD 2.98 billion in Q2 2026 revenue versus USD 2.05 billion in consensus expectations. The revenue comparison was favorable, but the company reported a USD 0.52 loss per unit against an expected USD 0.11 profit, a USD 0.63 shortfall.

The finance statement for Q2 2026 shows total revenue of USD 2.975 billion, consolidated net income of negative USD 388 million and basic earnings per share of negative USD 0.52. Operating cash flow was USD 116 million in the quarter, giving investors a more useful liquidity gauge than revenue alone.

Net asset value adds pressure

Icahn Enterprises reported indicative net asset value of USD 2.60 billion as of June 30, 2026, down USD 765 million from March 31, 2026. Adjusted EBITDA also moved from positive USD 40 million in Q2 2025 to a negative USD 134 million in Q2 2026, according to Backpack Exchange.

The contrast is material: revenue exceeded consensus, yet the loss widened and net asset value declined. That combination leaves asset values, investment performance and cash generation as the key variables for the next report.

Market value and listing

Icahn Enterprises had a market capitalization of USD 4.6 billion as of September 29, 2026. Its 52-week range was USD 6.51 to USD 9.32, while Investing.com identifies IEP as a NASDAQ-listed security and confirms ISIN US4511001012.