Icahn Enterprises IEP Automotive — Variable Lease Cost
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Where this comes from
Reported directly by Icahn Enterprises in its filing.
Tagged under the XBRL concept us-gaap:VariableLeaseCost.
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 leases available and excess real estate in certain locations under long-term operating leases. Our Automotive segment’s revenues from operating leases were $12 million and $8 million for the three months ended June 30, 2026 and 2025, respectively, and $17 million and $22 million for the six months ended June 30, 2026 and 2025, respectively. Revenues from operating leases are included in other revenue from operations in the condensed consolidated statements of operations. Our Automotive segment’s expenses from operating leases including variable lease costs were $16 million and $22 million for the three months ended June 30, 2026 and 2025, respectively, and $32 million and $46 million for the six months ended June 30, 2026 and 2025, respectively. Expenses from operating leases are included in other expenses from operations in the condensed consolidated statements of operations.
Item 1. Financial Statements (Unaudited)
FAQ
- What is Icahn Enterprises's automotive — variable lease cost?
- Icahn Enterprises (IEP) reported automotive — variable lease cost of $16M in Q2 2026.
- How has Icahn Enterprises's automotive — variable lease cost changed year-over-year?
- Icahn Enterprises's automotive — variable lease cost decreased by 27.3% year-over-year, from $22M to $16M.
- What does automotive — variable lease cost mean?
- Represents the portion of lease payments that vary based on an index, rate, or usage rather than fixed contractual amounts. This metric helps investors understand the flexibility and potential volatility of the segment's operating lease obligations.
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