#USA #Icahn Enterprises #Sunny Isles Beach #Nasdaq IEP #Q4 2025

Icahn Enterprises L.P. Releases Q4 2025 Financial Results

Icahn Enterprises L.P. (Nasdaq: IEP) has announced its financial performance for the fourth quarter and full year of 2025, reflecting a dynamic shift in their operational efficiency and profitability.

Financial Highlights for Q4 2025

In the final quarter of 2025, Icahn Enterprises reported an impressive Adjusted EBITDA of $281 million. This marks a remarkable surge compared to the mere $16 million recorded in the same period the previous year, Q4 2024. The net income attributable to Icahn Enterprises stood at approximately $1 million, recovering from a loss of $98 million in Q4 2024. This recovery is indicative of a trend towards greater financial stability and operational effectiveness.

The company's revenue for Q4 2025 reached $2.7 billion, which surpasses the $2.6 billion generated in Q4 2024. The efficient operational strategies implemented by management are reflected in these results, showcasing Icahn Enterprises' commitment to growth and innovation.

Full Year Overview

For the entire year ended December 31, 2025, total revenues were reported at $9.7 billion, showing a slight dip from $10.0 billion in 2024. However, the overall losses narrowed significantly to $299 million from $445 million in the previous year. The Adjusted EBITDA for the year was $338 million, up from $184 million in 2024, illustrating a clear trend of improvement in operational performance.

As of December 31, 2025, the indicative net asset value decreased by $654 million to approximately $3.2 billion compared to September 30, 2025. This downturn is attributed to a $778 million decline in long-standing positions, notably in CVI, alongside a net interest expense of $75 million. Nevertheless, this was partially offset by a positive contribution of $261 million from the funds.

Distribution Plans and Shareholder Updates

On February 23, 2026, Icahn Enterprises' Board declared a quarterly distribution of $0.50 per depositary unit, scheduled for payment around April 15, 2026, to unit holders on record as of March 9, 2026. Holders have until April 3, 2026, to elect to receive either cash or additional units, providing flexibility and options for investors.

Looking to the Future

Icahn Enterprises operates as a master limited partnership engaged in diverse sectors including investment, energy, automotive, food packaging, real estate, home fashion, and pharmaceuticals. The company expresses a positive outlook on its operating segments, striving to expand and adapt to the ever-changing market landscapes by cautiously managing investments and operational practices.

Conclusion

In summary, Icahn Enterprises' Q4 2025 financial results reveal a strong rebound accompanied by strategic growth, effectively setting the stage for continued resilience and performance in the upcoming fiscal periods. The combination of improved EBITDA, effective cost management strategies, and proactive shareholder engagement indicates that Icahn Enterprises is poised to navigate future challenges successfully.