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Icahn Enterprises IEP Automotive — Deferred Revenue

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Other financials

Income statement

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Revenue$3.0B+25.6%
Net income-$355.0M-115%
EPS (diluted)-$0.52-73.3%

Balance sheet

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Cash & equivalents$1.2B-32.3%
Total debt$6.9B-5.2%
Total assets$12.9B-13.1%

Cash flow

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Operating cash flow$116.0M-57.8%
CapEx$80.0M-16.7%
Free cash flow$36.0M

Valuation

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Market cap$5.42B+2.3%
Enterprise value$11.13B+3.0%
P/S0.5×0.0×

Profitability

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Gross margin-56.5%
Net margin-5%-1.1pp
FCF margin-2.3%

Returns & leverage

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Return on equity-0.1%
Debt / equity0.7×

Where this comes from

Reported directly by Icahn Enterprises in its filing.

Tagged under the XBRL concept us-gaap:DeferredRevenue.

The source filing: Icahn Enterprises’s 10-Q, filed August 5, 2026.

Filed
Aug 4, 2026, 8:00 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001104659-26-090605

Our Automotive segment had deferred revenue with respect to extended warranty plans of $24 million and $28 million as of June 30, 2026 and December 31, 2025, respectively, which are included in accrued expenses and other liabilities on the condensed consolidated balance sheets. For each of the six months ended June 30, 2026 and 2025, our Automotive segment recorded deferred revenue of $9 million and $11 million, respectively, outstanding as of the beginning of each period.

Item 1. Financial Statements (Unaudited)

FAQ

What is Icahn Enterprises's automotive — deferred revenue?
Icahn Enterprises (IEP) reported automotive — deferred revenue of $24M in Q2 2026.
How has Icahn Enterprises's automotive — deferred revenue changed year-over-year?
Icahn Enterprises's automotive — deferred revenue decreased by 22.6% year-over-year, from $31M to $24M.
What is the long-term trend for Icahn Enterprises's automotive — deferred revenue?
Over 4 years (2021 to 2025), Icahn Enterprises's automotive — deferred revenue has grown at a -7.1% compound annual growth rate (CAGR), from $164M to $122M.
What does automotive — deferred revenue mean?
Represents the portion of revenue received from customers in the automotive segment for which the associated performance obligations have not yet been satisfied. This liability reflects future service or product delivery commitments that will be recognized as revenue over time.

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