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Icahn Enterprises IEP Automotive — Operating Lease Cost

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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:OperatingLeaseCost.

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 accounted for $60 million and $67 million of total lease cost for each of the six months ended June 30, 2026 and 2025, respectively.

Item 1. Financial Statements (Unaudited)

FAQ

What is Icahn Enterprises's automotive — operating lease cost?
Icahn Enterprises (IEP) reported automotive — operating lease cost of $26M in Q2 2026.
How has Icahn Enterprises's automotive — operating lease cost changed year-over-year?
Icahn Enterprises's automotive — operating lease cost decreased by 27.8% year-over-year, from $36M to $26M.
What is the long-term trend for Icahn Enterprises's automotive — operating lease cost?
Over 2 years (2023 to 2025), Icahn Enterprises's automotive — operating lease cost has grown at a -2.1% compound annual growth rate (CAGR), from $143M to $137M.
What does automotive — operating lease cost mean?
The total expense recognized in the income statement related to operating leases within the automotive segment, typically including amortization of the right-of-use asset and interest on the lease liability. This represents the recurring operational cost of maintaining leased infrastructure.

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